BLOGGERS in Hong Kong are giving Thailand’s financial advisers a hard time, at least those that operate here illegally.
Supported by input from Bangkok ‘victims’ of financial scams, the bloggers have been highlighting the activities of companies that continue to operate even though they have been placed on the Securities & Exchange Commission Thailand’s ‘investor alert list’ for allegedly selling dodgy, high commission insurance policies and investment funds.
Supported by input from Bangkok ‘victims’ of financial scams, the bloggers have been highlighting the activities of companies that continue to operate even though they have been placed on the Securities & Exchange Commission Thailand’s ‘investor alert list’ for allegedly selling dodgy, high commission insurance policies and investment funds.
One of the bloggers (www.therapeofhongkong.com) has even displayed photos of a meeting staged by one of these advisers groups, and revealed that one of its employees had faked his qualifications.
Another Hong Kong blogger has meanwhile disclosed that former Chiang Mai-based financial adviser Alan Hall, who left Thailand suddenly in 2013 following the collapse of the LM group in Australia, is back in business in the UK. His website (www.ukexpatspensions.com) is operational though it is claimed that his company of the same name has been dissolved.
Another Hong Kong blogger has meanwhile disclosed that former Chiang Mai-based financial adviser Alan Hall, who left Thailand suddenly in 2013 following the collapse of the LM group in Australia, is back in business in the UK. His website (www.ukexpatspensions.com) is operational though it is claimed that his company of the same name has been dissolved.
