Did you read the case about the legal charges faced by two company directors who sold "gold" illegally? I am not surprised that there were so many people who bought from them. I think the problem was that these people were promised a higher return than what is given by legitimate investment or commodity companies.
I have always mentioned that if we would like to invest in gold, seeing how stable gold price is, we should always go though licensed companies only.
See, the investors in this company in Ipoh, not only will they not get any high returns, they may not even be able to get back their capital! It's a huge loss for them so let's hope that they will learn their lesson. As for the two company directors with a few hundred charges, I think that they would still be able to retain some of their wealth. Let’s see how this case goes.
I have always mentioned that if we would like to invest in gold, seeing how stable gold price is, we should always go though licensed companies only.
See, the investors in this company in Ipoh, not only will they not get any high returns, they may not even be able to get back their capital! It's a huge loss for them so let's hope that they will learn their lesson. As for the two company directors with a few hundred charges, I think that they would still be able to retain some of their wealth. Let’s see how this case goes.
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