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Big mango investment query

3/4/2015

Comments

 
THOSE characters who pop up regularly in Bangkok with their amazing investment schemes and promises of huge returns don’t give up easily.

The latest involves locally grown mangos and offers an income of between 14-18% per annum, which is certainly way, way above what banks are paying at the moment.

The prospectus says that demand for the fruit increases every year and goes on to claim that yields from its unspecified Hua Hin plantations are much higher than its competitors, thanks to a patented sub surface irrigation technology, backed up by a six-year research project at Maejo University in Chiang Mai.

Wow. It sounds almost too good to be true.
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