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

sg-united

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It's not as highly regulated as you think ;)

Don't forget the laundry incident not that long ago
No need to compare against the banks lah. MAS regulate financial institutions according to the nature of systematic risks. But that doesn't mean MAS doesn't care about fund management companies such as Chocolate Finance.
 

Philipkee

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I got back my money finally. I don’t trust Chocolate finance, I urge everyone to withdraw their money out before it collapses. Based on past cases, investors get back nothing if the company collapses
Potentially libellous. Be careful
 

carey

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No need to compare against the banks lah. MAS regulate financial institutions according to the nature of systematic risks. But that doesn't mean MAS doesn't care about fund management companies such as Chocolate Finance.
They do, but a lot of "self reporting" and not active monitoring like banks
 

ThinkCarefully

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It seems that everyone gotten the funds back. The saga is overblown due to fear.

There is no reason why you will not get back the money unless the counterparty defaulted, not Chocolate Finance.

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actually if the coast is clear, why they still delay withdrawals?

confidence issue

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itedino

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As other community members have encouraged you to do, the proper medium to redress your problem is to first approach Chocolate Finance and if that doesn’t work out, to seek other mediums to get back your funds.

As a word of advice if you are trolling, please be informed that Forum members are responsible for their own posts. Your posts maybe considered as libelous / damaging to the other party and they have every right to take action towards it.
See his nick u know this person tua kang trying to stir trouble
 
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