Welcome Guest ( Log In | Register )

60 Pages « < 22 23 24 25 26 > » Bottom

Outline · [ Standard ] · Linear+

 TriumphFX - TFXI

views
     
MUM
post Dec 25 2022, 10:46 AM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(Gratitude2022 @ Dec 25 2022, 10:26 AM)
MUM will defend them say they didn't do anything wrong. So many dupes here spin we don't know who is real who is not.
*
Tell me what hv they did wrong?
Did they force them to join?
Did they tell you that it is a malaysia regulated scheme?
Did they cheat your money?
Did the scheme not gives out positives returns every 5 weeks as usual?

Tell me what hv they done wrong when the scheme not yet run away with your money that you are the one making the decision to join? Even if it did burst, it is your own greed for profits that blinded your own judgement.

Did it not sort of like a unit trust seller promoting cathie wood's arkk fund to you 3 years ago?..1 year you made alot of money, next 2 years, it dropped alot too
Did you go complaint to the company telling that the utc had done unethical wrongdoing and should hv his utc license revoked for recommending that ARKK fund to you??.

QUOTE(jack2 @ Dec 25 2022, 10:33 AM)
MUM is 2 ular kepala lai. He follows wind direction
*
Yes, only when replying to postings that "does not make sense" to me. devil.gif


This post has been edited by MUM: Dec 25 2022, 10:49 AM
MUM
post Dec 25 2022, 11:18 AM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 10:53 AM)
Unit trust is legit and registered in Malaysia.
It will never goes to zero.

Your scamming pyramid scheme can pay every 5 weeks if got new 'investor'. But if no more new investor, it will go to zero.

You want to argue your way out of this pyramid scamming shit?
*
Read the whole story...
It is about "unethical wrong doing, and should hv his lncense revoked" when gashout mentioned...banking and insurance industries. Then gratitude2020 used that analogy to question me.
Try read the whole story 1st

Did what I posted not correct?
It is not about pyramid scheme or if the money can go zero or not.
It is about the investors own decision and freewill to join it.

Sort of another example,
A property agent recommend a property to you. Few years later, landslide occur, will you go to the company to complaint saying that the agent had done unethical wrongdoing and should have his license revoked for recommending that property to you?

QUOTE(Gratitude2022 @ Dec 25 2022, 11:00 AM)
Don't waste time argue with MUM. Better go eat nasi kandar with big boss jimbeamofnrt
*
I also Cannot argue on things that are facts, proven or confirmed to be, final outcome of things that are not decided etc etc

This post has been edited by MUM: Dec 25 2022, 11:22 AM
MUM
post Dec 25 2022, 11:27 AM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(CommodoreAmiga @ Dec 25 2022, 11:18 AM)
MUM sarcastic Sial...lol
*
Yes, "sarcastic remarks" but
Sometimes,
Some of them don't get it.
Some of them, just get some of real meaning and understanding of it






MUM
post Dec 25 2022, 11:44 AM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(Gratitude2022 @ Dec 25 2022, 11:22 AM)
Investors trusted you since you are a certified financial whatever from a reputable company. You abused that and recommend an investment which is not endorsed by BNM. And you blame the investor own decision and freewill?
Why not we report that to the company and let the company make the desicion.
*
Did he use his company name to sell that scheme to you?
Did his company forbids "employees" from investing in products not endorsed by bnm?
Btw, even bnm did not forbid people from invest in those scheme....it just advice you not to and tell you the consequences of investing in them.

You trusted him based on his "friendship n rapport" from past dealing with you.
You are tempted by his testimonials and may also like to have his lifestyle and fancy cars he drove ...all was said to be from "passive income"

And if, you still don't blame the investor for their own decision and freewill to join, .... nothing much I can say.



MUM
post Dec 25 2022, 12:04 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(Gratitude2022 @ Dec 25 2022, 11:36 AM)
My point is clear. If this TFX goes bust, we encourage the victims that buy thru certified financial agent like unit trust agent that recommended them TFX to report this to the company. Let the unit trust company make the decision. You agree on this or not?
This statement no need sarcastic reply. Straight forward can also put your straight opinion here if you think the agents do no wrong. Let dupes and readers here decide also.
*
When it go burst, ...

Depends on how many had invested thru certified financial agent like unit trust agent that uses his company's time and name in promoting tfxi scheme to them.
Then
Also depends on how much losses had incurred,
Also depends on how many think it is not their own fault but the faults of the one recommending it to them.
Also depends on if they are sure that company has rules that forbids their employees from promoting those scheme EVEN after work hours.
Also depends if they think the company will take action first and not tell them to make a police report and the company will only make decision based on the outcome of the police and court processes.

Since it depended on some other factor, ...I believes it would be unproductive.
Well if they want, they should go to the police first....
MUM
post Dec 25 2022, 12:08 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(Gratitude2022 @ Dec 25 2022, 11:44 AM)
So you made clear your point ya. Not sarcastic right?
*
Yes you made no sarcastic remarks in all your postings..
It was pointed by the other forummer that I was and I had to admit...I was and I am and will continue to do it from time to time

This post has been edited by MUM: Dec 25 2022, 12:12 PM
MUM
post Dec 25 2022, 12:25 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(Gratitude2022 @ Dec 25 2022, 12:09 PM)
So your point is, assuming after TFX bust, assuming they are influenced by the unit trust agent, assuming they lost a substancial amount that can be used to invest in unit trust, and after they report to the police, should they report to the company ?
Again, please state clear point not sarcastic point.
*
Should they or shouldn't they, is all up to them..
There is no law saying they should or should not

If for me, I would just blame myself for being blind, stupid and greedy.

(Being sarcastic) laugh.gif
Anyway that product did make me feel so tremendously wealthy for many years too. I should thank him for exposing me to those feelings. I had taken back my capital had also bought a car with those bonuses. What I lost now are those bonuses tfxi had given me.




MUM
post Dec 25 2022, 01:30 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 01:09 PM)
You remind me of my insurance Agent trying to sell me JJPTR 1 or 2 weeks before crash. I straight scold her selling scam to me.

Of course the decision to buy or not is based on the investor greed. But the fact you are the one who introduce it to the investor and some investor does not do due diligence and instead relying on you.
*
You think it is right to just go blame the promoter's when the investors does not do due diligence and instead relying on seller.??

Did the seller knows that it is going to crash?
Same like unit trusts, ..did the utc know that ARKK fund is going to crash?

Did the promoter tell you to put money in according to your risk appetite and diversify your investment?
Same like utc does?

Did he tell you that investment is high risk and there is no guarantee that you will not lose money?

You depended on the promoter for which part?

Hope you did not engage any financial planner. I pity and fear for them

This post has been edited by MUM: Dec 25 2022, 01:48 PM
MUM
post Dec 25 2022, 02:49 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 02:26 PM)
you mean you want say when you promote Triumphfx, you dont know its money game?
*
Do you mean you join this triumphfx
You do not know that it is not possible to have continue consistent positive roi every 5 weeks for years and will continue for years more?
You do not know it is not licensed to operate in Malaysia?
You do not know abt money games in Malaysia and it modus operandi?

You knew, yet you still want you join, then how?


MUM
post Dec 25 2022, 02:54 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(aaa_batteries @ Dec 25 2022, 02:22 PM)
This is my personal experience. My agent was trying to sell a medical policy and offered few levels of lifetime claimable benefits of 250k, 500k and 1 million. Someone I knew went thru heart by pass at private hospital for not more than 150k.

So I told the agent for 1 million benefit I can go for 6 by-pass surgeries (ignoring inflation). However after one or at most two surgeries I will be very lucky to be alive for subsequent surgeries. I ended up with the lowest amount.’

When something is on commission basis, everyone wants to sell as much as possible. It’s also the buyer responsibility to know that they are getting into. Unfortunately most people on the street don’t have sufficient financial knowledge to do so.

Where does this leave us? We need to improve our education. Authority needs to be more assertive in stopping such scheme. Sellers need to be more professional. Buyers need to be more aware. Can’t see how we can blame one party alone. All need to work together to tackle such scam.
*
Most probably the higher benefits value was in anticipation of medical cost inflation.
200k insurance may be sufficient now but will look so small in 25 -30 yrs later.

So I guess the seller may also hv that thought in mind beside more commission too
MUM
post Dec 25 2022, 03:01 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 02:52 PM)
well, all I can say is, if you sell, you should be professional and responsible enough to tell them all this.

In USA, if you withheld information when you sell something, you can be liable.

Example if you sell house, you are obliged to tell potential buyer if your house is flooded before. Full honest disclosure.
*
Not regulated, not licensed, ....where got liabilities...

You don't know who the founders are?...
The promoter did not receives your deposit. The promoter did not issue you receipt.

So how?. Sue him for promoting some not licensed investnent products that did not hv promises of guaranteed returns?

You asked:
Example if you sell house, you are obliged to tell potential buyer if your house is flooded before. Full honest disclosure

Then
What if the house has not flood before but only now??
Has this tfxi collapsed before when he promoted that to you?
Full disclosure at that time may include among other things, Not regulated in Malaysia, but hv overseas regulatory license,.
No guaranteed returns but had been consistently giving out positive returns every cycle for years.
This is a high risk investment with possibility of losing your capital( stated in their website)


This post has been edited by MUM: Dec 25 2022, 03:07 PM
MUM
post Dec 25 2022, 03:31 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(Coconutmaldive1 @ Dec 25 2022, 03:15 PM)
I know a friend who bought from an agency in Sungai Buloh.  They mix selling Triumphfx funds with genuine regulated funds.  Really confusing, when a "licensed" individual under SC malaysia rules bend the rules and sell financial scams under name of passive income and empowerment.  Borrow legitimacy from regulator, decorate their shop with Malaysian asset manager names, and sell something else.   
The uplines who appear online lately explaining the situation to down lines seem to be also all former unit trust sellers.
*
That could happens, ..if that did happens, then
See image



Attached thumbnail(s)
Attached Image
MUM
post Dec 25 2022, 04:00 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 03:49 PM)
its not whether TFXI collapsed before. Its about whether TFXI is money game or not. Please re-read my comment.
*
The" falls before"is used against your earlier example..
You gave the wrong example.

You posted:
"Example if you sell house, you are obliged to tell potential buyer if your house is flooded before. Full honest disclosure."

What if it is not flooded before??

The promoter promote money games or not, ...is not more important than you listened, tempted, blindly follows without due diligent, without thinking straight, without check and reading more about it.
Finally, you falls due to your own decision to try to have "return"...which if you. Were to read more would know that that roi rate is not sustainable.
Your own greed to hv that returns every 5 weeks.
1k will be 1 million in 10 yrs.
MUM
post Dec 25 2022, 04:07 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

Geee,
I had a feeling, just a feeling that some of the posts that I made today would be "useful" by some of the uplines in case they are bashed.

Seems like I was "cornered" to reveal or confirm some ideas that would be useful in their defence.

Ha ha... just my feeling,




MUM
post Dec 25 2022, 04:13 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 04:04 PM)
My example is about you revealing whatever you know about TFXI.
he knows it had not collapse before and know that it had never failed to gives roi before. You joined thinking that past performance can still repeat.

For professional conduct and full disclosure for house, it is about whether there's flood or some other important information.
So for this case he knows it had not collapse before and know that it had never failed to gives roi before.
He did not cheat you about that, You joined thinking that past performance can still repeat.

For professional conduct and full disclosure for investment, it is about what investment is it, the risk, whether it is money game, whether it is pyramid scheme, and everything you think the investor should know.
If you don't do this, this means you just want to cheat.
*
Selling unregulated or not licensed products qualified as professional and should be subjected to professional code of conduct?

if you think that can be done,
Go make a report to their professional bodies that regulates their code of conduct...

I got no idea who regulates the code of conducts of tfxi promoter in malaysia. You got any?

This post has been edited by MUM: Dec 25 2022, 04:22 PM
MUM
post Dec 25 2022, 04:38 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 04:35 PM)
Professional does not mean relying on professional bodies code of conduct but you as a financial product provider, you should be professional in your duties to be honest in the things you sell.

I can already feel that you're being dishonest by not disclosing everything when you sell TFXI.

Such dishonest person like you is causing many people to fall into pyramid scheme like TriumphFX.
*
At that point of selling, what did they "cheat" about those info?
At that point of buying, what did the investor was "lied" about?

Did they tell you it is a malaysia regulated product?
Did they guarantee you fixed returns?
Did they tell you it is a high risk product?
Did tell you you could lose your capital?
Any more,..
Most of which can be found in their website.


This post has been edited by MUM: Dec 25 2022, 04:42 PM
MUM
post Dec 25 2022, 04:43 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 04:40 PM)
when you know something but didn't tell.
*
What did he not tell?
Did he lied or cheat you on those things he told you?



This post has been edited by MUM: Dec 25 2022, 04:45 PM
MUM
post Dec 25 2022, 04:47 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 04:44 PM)
what did you not tell?
*
What you don't know?
What more do you want him to tell which he did not tell?

Did he lied or cheat you on things that he told you?

Did not tell more is not an offence, as most of it had been published in their site . But cheating or lying are.

If you did not ask how they know what you wanted to know more?

This post has been edited by MUM: Dec 25 2022, 04:51 PM
MUM
post Dec 25 2022, 04:52 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 04:49 PM)
what your customer don't know?
What more do you need to tell customer which you did not tell?

Did you keep some information that can misled the customer?
*
Did not tell more is not an offence, as most of it had been published in their site . But cheating or lying are.

If you did not ask how they know what you wanted to know more?

What information that misled the investors that had not made know?

This post has been edited by MUM: Dec 25 2022, 04:53 PM
MUM
post Dec 25 2022, 04:58 PM

10k Club
********
All Stars
14,894 posts

Joined: Mar 2015

QUOTE(vapanel @ Dec 25 2022, 04:53 PM)
maybe not offense but you're dishonest and unprofessional, borderline cheating

If you didn't tell, how you know customer don't know?
*
Re read what I had already posted....all the posts between you and me.
Hopefully you get the answers you seek.

I am going jogging now.

Enjoy

60 Pages « < 22 23 24 25 26 > » Top
 

Change to:
| Lo-Fi Version
0.2834sec    0.65    7 queries    GZIP Disabled
Time is now: 10th December 2025 - 01:09 PM