Sunday, October 28, 2012

Gold never glitters for investors

Here is an update of the investigation into the gold trading firms in Malaysia.
http://thestar.com.my/news/story.asp?file=/2012/10/28/focus/12238079&sec=focus

Many investors have also been caught in similar schemes in Singapore, but the news of the investigation here have been sketchy and sparce.

2 comments:

yujuan said...

What about the situation here in Singapore. Any gold, wafer or money ever returned to hapless investors after investigation.
Gold is so valuable, not surprising any confiscated goods are retained, but into whose pocket.

Lye Khuen Way said...

One possible reason for the sketchy news coverage and alerts from the Auhority is because we aim to be the Gold Trading Hub among the many hubs were aspiredto be these many years.

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