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NEWSPAPER’S FINANCIAL GURU INDICTED BY THAI SECURITIES EXCHANGE COMMISSION

In independent financial advisers, LM Managed Performance Fund, Platinum Financial Services by Andrew Drummond

BANGKOK POST COLUMNIST ANDREW WOOD AND EIGHT OTHERS WERE ‘TRADING ILLEGALLY’ The personal financial guru of the Bangkok Post has been indicted by the Thai Securities Exchange Commission along with eight other ‘financial advisors’  for operating securities businesses without licences. Andrew Wood, who was afforded a regular financial column in the Bangkok Post’s Spectrum section had an unenviable reputation for …

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IS THIS THE DEATH KNELL FOR THAILAND’S ‘INDEPENDENT FINANCIAL ADVISERS’

In boiler rooms, independent financial advisers by Andrew Drummond

THAI SECURITY EXCHANGE BRINGS CRIMINAL CHARGES – SOME ARE LEAVING AND WEBSITES ARE DOWN With the announcement this week that Thailand’s Securities Exchange Commission is taking criminal action against an unregistered financial adviser almost certainly other cases will follow. But unfortunately, as is the case of international banks when they are caught out doing such things as laundering money for …

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Investor Alert – Fleeing The High Court Or Looking For Marks In ‘Bongo Bongo’ Land?

In independent financial advisers, Uncategorised by Andrew Drummond

A former director of the small British financial company TBO, 65 per cent owned by former Ukip member of the European Parliament Godfrey Bloom – once described as one of ‘Britain’s national embarrassment’  – has been operating in Thailand as an unregistered independent financial advisor. Christopher Tressider, appears to have the left the UK since the High Court awarded an …

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LM IS ‘NEVER HAVING TO SAY YOU’RE SORRY

In independent financial advisers, Martin Terpilowski, Peter Drake, Uncategorised by Andrew Drummond

LM  BOSS – ‘FED UP WITH THE IGNORANCE’ LM boss Peter Drake says he has decided to remove the internet blog he set up to justify his actions prior to the collapse of his funds which has left hundreds of people throughout Southeast asia improverished. He claims that he can no longer put up with the ignorance and abuse. This last …