I am not into stocks, plain FDs and EPF, that’s me.

But a few of my friends have been in a group Whatsapp called BOCI club. Has anyone heard of them? My friends said it is only for getting stock picking advice and they’ve been making money. But why would anyone give advice to others when they could use the advice to make money for themselves?

I hope it’s not a prelude to something more serious. My friends only have a small limited amount to risk.

Conclusion: DIY

Not sure if my friends will listen to me since I am FD and EPF type. Will pass comments to them.

Thank you all.

My friends and I are still in a Whatsapp group but there’s very little talk about their investments.

I am still unclear what the club does, the last time we chatted, they were telling me what candlesticks were, moving average, blah blah. Haiyya we are supposed to be pensioners and not create headaches anymore.

BOCI club is a scam.

It was a scam. An elaborate scam as a person put it. I tried googling many times before posting the question here but only the legit Bank of China International came up.

The guy who detailed the scam posted it in Linkedld. The scammers or he or she used BOCI blatantly.
It was really easy to check if the club was bonafide. I used Bank OCI online contact and they replied quickly that it had no connection with them.

So if you wish to read ‘I can’t believe it details’, go to Linkedld. I am curious if they had been successful.
Not with the people I know though. 😄

P/S I hope that when someone googles, they can find it in Low Yat forum easily.

This post has been edited by arabella: Sep 15 2024, 02:04 PM