Aug 9 2010, 09:42 AM
QUOTE(cuebiz @ May 26 2010, 10:58 AM)
Shouting, then shoving
Drama as investors turn up at Profitable Group office
A group of 11 men and one woman turned up at Profitable Group's Stanley Street office in Shenton way demanding answers regarding their investments.
They spoke to Mr John Nordmann, group operations director of Profitable Group, a global investment firm, which, according to its website, has interests ranging from lubricants to property.
They claimed that the firm had not made good on its promises to them.
But the conversation outside the office soon spiralled out of control into a shouting match. There was even some pushing.
Yesterday’s confrontation had its beginnings with the group's investments with Profitable Group between 2006 and 2009.
They said the terms of their investments, which they claimed promised them a certain return after six months, had not been honoured.
The 12 people claimed that their individual investments in land and lubricants with Profitable Group totalled about $700,000
http://www.tnp.sg/news/story/0,4136,241645,00.html?
i'm one of those 'sucker' who naively believe their 'reputability' being discussed earlier in the forum and their impressive presentation. here is my experience:Drama as investors turn up at Profitable Group office
A group of 11 men and one woman turned up at Profitable Group's Stanley Street office in Shenton way demanding answers regarding their investments.
They spoke to Mr John Nordmann, group operations director of Profitable Group, a global investment firm, which, according to its website, has interests ranging from lubricants to property.
They claimed that the firm had not made good on its promises to them.
But the conversation outside the office soon spiralled out of control into a shouting match. There was even some pushing.
Yesterday’s confrontation had its beginnings with the group's investments with Profitable Group between 2006 and 2009.
They said the terms of their investments, which they claimed promised them a certain return after six months, had not been honoured.
The 12 people claimed that their individual investments in land and lubricants with Profitable Group totalled about $700,000
http://www.tnp.sg/news/story/0,4136,241645,00.html?
http://forum.lowyat.net/topic/1493789
my lesson is expensive, hope you guys can learn something from here.
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