Thank goodness for Investigative journalists......

[R123]

Link removed, topic closed.

[SheungWan]

Very simply, one should steer away from no-name IFAs and recognise that Thailand provides a financial honey pot for dodgy FAs who are chasing naive investors many of whom are traveling with sizable retirement savings. Unfortunately these investors are culpable in their own downfall as they chase returns to make up for a not quite big enough savings chest. Journalists have only a limited effect on what goes on. There are two scams currently being foisted on the unwary; the first is insurance policies wrapped up in a savings plan and the second is getting those about to retire to cash it all up through New Zealand and provide a very hefty commission to the FA. Some victims occasionally wash up on the shores of TV, too late to be saved by a few paragraphs of an expose read only when the horse has bolted.