Wealsol Capital Global

[masashi]

Hi, has anyone heard of this firm before? Try as I might, I have problems finding more information about them. They claim to be into Brazil and German investments but I'm not sure if it's not a 'Dodgy' firm that does some inappropriate stuff behind.

 

[FreDeRicK]

Way too risky. I'd buy into MAS regulated investment vehicles only.

 

[Dividends Warrior]

Dun. Just dun.

 

[Shiny Things]

They're selling the same "German property" ponzi and "Hong Kong property" ponzi that we've seen thousands of times already on this forum. They're dirty. Don't touch them.

Update: I think that "Crude Oil" thing they're marketing is the same thing that the shysters at Infinity Treasures are selling.

This raises an interesting question - why are there so many Singaporean companies selling the same transparently dodgy investments? Are they all controlled by one company, or are they all independently coming up with the same scams, or what?

 

[FreDeRicK]

They probably know each other. You can do some digging on their personal lives, and you may find the rabbit hole.

 

[masashi]

Thanks guys for the warning, I'll steer clear of such firms even if they beg me to.

 

[FreDeRicK]

Thanks guys for the warning, I'll steer clear of such firms even if they beg me to.

Good decision! Do whatever makes sense.

To me, potentially losing 100% of my capital is not an option.

 

[Shiny Things]

Fun thing I noticed: The "German property" page on their website still refers to Dolphin Capital. It's the exact same Dolphin Capital/Solomon Alliance scam that's been doing the rounds for a couple of years now.

 

[sleepstoomuch]

Investor Alert List

Just happened to recieve a job application from this company. Found this forum and the company under MAS investor alert list as well.

 

[alexchia01]

Another scam company. Different product, but the same Ponzi Scam.

Just because they go there, visit a few buildings and take a couple of pictures, they think they have done their due diligence check.

Some Singaporeans are rich and greedy, but many are just gullible. Singapore Government is making it so easy for them to come here and set-up their operation. Got problem, Singapore Government has no jurisdiction or power to recover their money back. No wander, the ang mo scammers coming here to set-up their operation. So easy to run away scot free.

What I can't stand is all these Singaporean marketing people. Just out to benefit from their own family, friends and fellow citizen. Got problem, they say they don't know anything, not their problem and wipe their ass clean.

If there are any CAD or MAS personnel reading this post. Please do something about these scams. Protect the innocent from these vultures.

 

[killer]

Lol. Im in one of their talks right now, without knowing whst im going to find. This should be interesting

 

[mosaic1979]

Another scam company. Different product, but the same Ponzi Scam.

Just because they go there, visit a few buildings and take a couple of pictures, they think they have done their due diligence check.

Some Singaporeans are rich and greedy, but many are just gullible. Singapore Government is making it so easy for them to come here and set-up their operation. Got problem, Singapore Government has no jurisdiction or power to recover their money back. No wander, the ang mo scammers coming here to set-up their operation. So easy to run away scot free.

What I can't stand is all these Singaporean marketing people. Just out to benefit from their own family, friends and fellow citizen. Got problem, they say they don't know anything, not their problem and wipe their ass clean.

If there are any CAD or MAS personnel reading this post. Please do something about these scams. Protect the innocent from these vultures.

haha. forget it man. its been like that for the last 10-20 years what makes you think the government s gonna change its stand. Time share, ponzi every year also got complaint every year still around, new companies still being registered. In singapore so long as you re a business organisation thats looking to make money they welcome you, until people get cheated and make complaints than they will act.

Thats why all these companies are flocking here. Frankly speaking if I m non singaporean I ll also come here capitalize on all the stupidity as well. Easy money. Whack one time big big for 6-12 months than run road. Lie low 2-3 years come back again whack another bunch of big fools.

Unfortunately we can t save people from their own stupidity and GREED

 

[mosaic1979]

anyway got read today newspapers or not. another time share company collapse. 100+ people kenna scammed. hahaha. Thats why no point trying to save all these people lah. There will always be greedy and gullible people around, thats life. They re meant to be conned. They re meant to learn things the hard way.

 

[Dividends Warrior]

anyway got read today newspapers or not. another time share company collapse. 100+ people kenna scammed. hahaha. Thats why no point trying to save all these people lah. There will always be greedy and gullible people around, thats life. They re meant to be conned. They re meant to learn things the hard way.

Yes. Wolves and Sheep!

 

[killer]

back from their talk. 13% return on min capital of 10k USD in 365 days. developing some housing stuff in north dakota. maybe i should just buy the share doing the developing instead as they talk until major supply crunch on housing due to the oil boom

it was full house ( actually more then full. many standing around)

 

[alexchia01]

back from their talk. 13% return on min capital of 10k USD in 365 days. developing some housing stuff in north dakota. maybe i should just buy the share doing the developing instead as they talk until major supply crunch on housing due to the oil boom

it was full house ( actually more then full. many standing around)

It's because of the low entry of 10k, short holding period of 1 year and high interest of 13% that draw these gullible and greedy people into this scam.

If they can really make 13% in 12 months, why do they need you? Borrow from bank and do it themselves is more profitable and less trouble.

 

[Dividends Warrior]

back from their talk. 13% return on min capital of 10k USD in 365 days. developing some housing stuff in north dakota. maybe i should just buy the share doing the developing instead as they talk until major supply crunch on housing due to the oil boom

it was full house ( actually more then full. many standing around)

Mostly ah pek ah ma uncles aunties? Or youngsters?

 

[shotbottle]

Sound interesting, how do register for their seminar?

If I can constantly make 13% every year I will achieve financial freedom liao haha

 

[archcherub]

Sound interesting, how do register for their seminar?

If I can constantly make 13% every year I will achieve financial freedom liao haha

no lah, u will help the boss achieve financial freedom!