BEWARE OF INVESTING IN FOUR LEGGED ANIMALS WITH HORNS AND VEGETABLE SAMOSAS. Fans of Roscoe Maloney – that half Aussie half Sri Lankan rogue who ripped off millions from investors in schemes to invest in their own private forests – can, I can now reveal find him basking in the sun and his earnings on Australia’s Gold Coast. The former …
THAI LAND CANNOT BE SOLD TO APPEASE FOREIGN INVESTORS -TOUCHWOOD UPDATE
Touchwood – the company which has ripped off investors out of millions of dollar in its tree planting scheme has apparently offered investors in Sri Lanka the cash from the liquidation of its assets in Thailand, the Sunday Times is reporting in Columbo. But local investors are not convinced, nor are foreign and Thai investors, in the agar wood plantations …
FOREIGNERS SELLING THAI TREES TO THAIS. WAS IT A SCAM?-
INVESTORS CASH GOES UP IN SMOKE- A company run by an Australian born Sri Lankan and employing foreign salesmen looks like it may have taken Thai citizens for a stunning 1,600 million baht (£31.65 million) by selling them trees, er, in Thailand. At a meeting of the Touchwood Investors Group last night investors from the Thailand, the Philippines and Dubai …