Omg tried to withdraw money from chocolate finance cannot immediate withdrawal. Say need up to 10 working days to withdraw

[Acetone]

CNA just posted

https://www.channelnewsasia.com/sin...-high-demand-fintech-sgd-usd-deposits-4990026

Wah… they gave shoutout to edmw.

 

[AndroidComa]

CNA just posted

https://www.channelnewsasia.com/sin...-high-demand-fintech-sgd-usd-deposits-4990026

from BT article before lunch till CNA article after office hours
nobody able to contact CF
who thinks the founder still in sg? i think he zhao lor liao lo

how come Dawn get a special letter, why we dun have?
Finance blogger Dawn Cher, also known as SG Budget Babe, also shared in an Instagram story post that she had received a separate letter from Chocolate Finance, which attributed the increase in withdrawals to being "partly driven by social media".

 

[Bumperbee88]

Those used to eat Chocolate, now have to eat white cheap bread liao.

 

[Acetone]

from BT article before lunch till CNA article after office hours
nobody able to contact CF
who thinks the founder still in sg? i think he zhao lor liao lo

how come Dawn get a special letter, why we dun have?
Finance blogger Dawn Cher, also known as SG Budget Babe, also shared in an Instagram story post that she had received a separate letter from Chocolate Finance, which attributed the increase in withdrawals to being "partly driven by social media".

Maybe it’s a letter of demand to ask them remove their posts

Those kind of letter best not to receive. Haha

 

[Carnesir]

Wait till chocolate finance stop withdrawal hits the boomers through zaobao or what nots all hell is gonna break loose

 

[Bumperbee88]

Lindt is supposed to be "premium" chocolate but now getting sued in the US for faking its quality hahah

 

[alex22]

In the end it’s all about greed, they want the 3.3% when they should just put in local banks for 2.4%. The idea is always using new people money to pay withdrawals. Like this what’s the difference between this and Ponzi scheme?

Wah, at this sensitive time asking whats the difference to ponzi, not too safe sia

 

[alex22]

Wah… they gave shoutout to edmw.

Hwz and not edmw per se hahaha

 

[Bumperbee88]

Wait till chocolate finance stop withdrawal hits the boomers through zaobao or what nots all hell is gonna break loose

I think boomers don't even know what the hack is "Chocolate" doing. All they know is Lindt from Schweiz

 

[EmPtYsOuLz]

Most people don't seem to understand how Money Market Funds work

There's still a chance that something is going down at Chocolate Finance but it is fairly common to take a few days to liquidate and transfer the cash back to you

I use Syfe and their Cash Flexi+ USD and it took a few days for them to sell and transfer back to me.

I guess the key difference could be that Syfe are very upfront that it is not a cash deposit and is actually an investment fund (which carries it's risk and there is no guarantee)

 

[bladez87]

Lesson learned. Next time don't offer instant withdrawals. Even the bigger players don't offer such facilities

 

[maikumgong]

Wait till chocolate finance stop withdrawal hits the boomers through zaobao or what nots all hell is gonna break loose

Boomers monies in biscuit can, not chocolate box

 

[yellowduck]

from BT article before lunch till CNA article after office hours
nobody able to contact CF
who thinks the founder still in sg? i think he zhao lor liao lo

how come Dawn get a special letter, why we dun have?
Finance blogger Dawn Cher, also known as SG Budget Babe, also shared in an Instagram story post that she had received a separate letter from Chocolate Finance, which attributed the increase in withdrawals to being "partly driven by social media".

maybe in bangkok holidaying humping meimei?...

 

[Oxygenatedwater]

Less one kopi

Chao kuniang I $6 less 5 cups of kopi seo

 

[LAMtopia]

https://www.linkedin.com/posts/walt...s&rcm=ACoAAAJKQOEBxLKJy3Qxt6Wz2H05gPCO6MhYHhQ

 

[addict951]

Lesson learned. Next time don't offer instant withdrawals. Even the bigger players don't offer such facilities

No wor
The lesson learnt ish dun put money wif non-SDIC insured institutions no matter how gd the returns are.

 

[Nesplex]

I am going to abstain from chocolates for a year.

 

[Rosanjinz]

Wa even their principle investor post online say must be confident

 

[Phongchi]

I wouldn't put my hard earned monies in an institution names kokolate. I might try Coconut Bank though.

 

[yves]

Choco lat didnt shoot that Seth Wee for fake news ah?