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 Asset Backed Solutions ABS

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rae0724
post Feb 6 2023, 12:20 PM

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https://www.nst.com.my/business/2022/01/763...-through-trusts

saw this, but not sure reliable or not
rae0724
post Feb 6 2023, 01:41 PM

On my way
****
Senior Member
684 posts

Joined: Dec 2007
QUOTE(MUM @ Feb 6 2023, 01:05 PM)
If my guesstimation are right, ...different product and different company than what TS mentioned, ...especially the mentioned "Daily profit about 0.10-0.15%."
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Can have a look on this?

here's the explanation of abs, but it's in Chinese, assume it's the same way how abs earn here
http://xhslink.com/eLo89m

But I doubt it can earn that much...

i try to search Asset Backed Solution keyword on FB, and there's few coming out.
If anyone know how to read please advice, I got no idea what's that

https://www.facebook.com/100063773313108/po...mibextid=cr9u03
Can find some other info on this FB page

Seems like related to Yong Thai Berhad?
and only those invest big amount "can backup" by a property? I don't know

Then I look into their website:
https://ytbcap.com/program-structure
Not sure how it works lol

Seems like different ABS under different company? But then they seems like related
confused haha

This post has been edited by rae0724: Feb 6 2023, 01:43 PM
rae0724
post Feb 6 2023, 01:50 PM

On my way
****
Senior Member
684 posts

Joined: Dec 2007
QUOTE(MUM @ Feb 6 2023, 01:47 PM)
My guess is they are operating like the previously (last year) hotly pushed "cash trust" finds....until they stopped promoting it after the scheme was exposed in the press.

To me, it is the same modus operandi...just under different name and packages
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I see, need to do research a bit
back that I was not into investment yet
just trying to start recently, and looking for the one suitable for me
stock is too hard, and this uhmm..
guess... only FD left hahahaha

rae0724
post Feb 6 2023, 03:10 PM

On my way
****
Senior Member
684 posts

Joined: Dec 2007
QUOTE(MUM @ Feb 6 2023, 02:01 PM)
Luckily you posted this now, if you had posted this 6 months earlier, some may suggest you a company that had been operating since 2009, has a 2.2 million memberships and has a 10 billion AUM..
Put in 1k usd, get back that 1k usd 1 year later.
Let the balance ride n roll over for another 10 years, ....you will get 1 million usd then. No need to put in anymore money, no need to do anything.

But now, they dare not suggest that company already.... devil.gif
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Is it the Trumph FX or something similar? I forgot the name
Haha, all the "looks good" one seems scary for me
rae0724
post Feb 12 2023, 12:22 PM

On my way
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Senior Member
684 posts

Joined: Dec 2007
QUOTE(FairyCheek @ Feb 10 2023, 11:35 PM)
What i could share is there are 3 types of investment plan offer from abs. I would say the one i invested in, i find it the safest, one year locking period despite the odd-vibe during the sharing session. Janji profit πŸ˜†
Not gonna share any further as some negative minded would assume im the sales agent, conman, scammer, blah blah.
I am gonna wait for one year to get back my fund and my monthly profit.
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do you mind share to us again after 6 months maybe?
I am actually quite interested but well, I also worried it's a scam

rae0724
post Feb 12 2023, 07:43 PM

On my way
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Senior Member
684 posts

Joined: Dec 2007
QUOTE(xander2k8 @ Feb 12 2023, 05:00 PM)
It is scam already from the red flags yet you wanna ask πŸ€¦β€β™€οΈ

Just be prepaid all your money to lose will picking up only scraps πŸ€¦β€β™€οΈ
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I just asking for review...
no wonder ppl scare sharing anymore here
pls be open minded la
If scam also no wrong to ask for more info right?

btw am I saying I will invest or put money in?
zzzzz triggered

This post has been edited by rae0724: Feb 12 2023, 07:44 PM
rae0724
post Feb 13 2023, 09:01 AM

On my way
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Senior Member
684 posts

Joined: Dec 2007
QUOTE(xander2k8 @ Feb 12 2023, 10:11 PM)
I never get scammed before because I won’t put in the money for something is not possible and regulated πŸ€¦β€β™€οΈ

Just want to wait for a year and see you pick up the scraps instead πŸ‘
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so sarcastic
behave like a mature adult lah
he/she already don't mind trying, and willing to share us the result

rae0724
post Feb 13 2023, 09:05 AM

On my way
****
Senior Member
684 posts

Joined: Dec 2007
QUOTE(FairyCheek @ Feb 12 2023, 09:55 PM)
Yes...haha..probably he got scammed before.
But i will share the review here  icon_idea.gif
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For sure no, he probably those type of people that need people to agree same thought with him
if you are his opposite site, then he will just think you are stupid, and use those sarcastic words with funny emoji to mock you
I mean, here's the place to share different opinion and thoughts, discussion are all welcoming, but not that type



 

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