CNA - MAS issues advisory letters to five content creators who provided financial advice

[Raelight]

Since those guys are guilty of providing financial advice without license, then should educate the public by releasing their names mah…

Give them a chance to repent.
Ricebowl at stake.

 

[Asphodeli]

Nope I already hinted is course seller for investing.

Course-selling I dont think MAS will come down so hard if really is legit teaching only and not asking participants to sign up for a brokerage account and ask them to topup $ during the course. I think the biggest 3 problem is:

1. Exploit FOMO/panic (ChocFin saga)
2. Not presenting accurate info
3. Solicit/induce people to buy something (crypto)

 

[simon_84]

These are a few of them...just the title alone created a bank run previously.

 

[weiess]

just fine and jail them, and the rest will stop.

 

[blackvice]

lucky i listen to master leong, he got mas lisen

His license expired liao

 

[lockks]

These are a few of them...just the title alone created a bank run previously.

These 2 I totally avoid.
One can't even pronounce words properly.
The other caused issues with the chocolate finance then, I think.

 

[coyote]

Why is it bad to top up our CPF?
Especially after age 55, top up special ac for the high interest rate, No Good?

Please refer to Moelanyong's cpf thread.

 

[dambio]

even licensed one also not 100% one
everyone forget about our Lehman bro mini bonds liao

Yea after some time ppl will forget

 

[Sen Sen]

They actually sounded kinda like a scammer sia..

 

[Kaylin]

what abt moomoo? keep seeing their stupid ads

 

[unrealx262]

Useless advisory if public is not appraised of their names

 

[matrix05]

MAS to warn means haven warn, which means the 5 cc don even know who Kenna, so nobody knows anything.

 

[lampano]

i am more interested in those influencers....are they being tax on their income?
many flaunting wealth on IG titok...
is IRAS looking into this?

 

[SkyNinja]

i am more interested in those influencers....are they being tax on their income?
many flaunting wealth on IG titok...
is IRAS looking into this?

They under declare lor.

 

[Bad kids]

Heng ah I didn't ask ppl to buy Jubilee Notes and Hyflux... many many listen to the experts also pok tau loh.... why MAS (Moi Also Stupiak) don't go after them....

 

[ThinkMe]

 

[sunsetbay]

Master Leong just did a video on the news on the MAS advisory letters~ he's not one of them~

 

[maikumgong]

There is another guy with what crippling debt

 

[eAtNeAt]

For sure kelvin and sethisfy. Juz one vid almost brought down chocolate finance.

 

[TimsTom]

I remember the kelwin learns invest has friends and all of them did livestreams

I forgot what their combined channel is. They will turn on facetime n 4 or 5 of them chitchat on the issues. Views not that good as compared to their individual channels one.