Direct investment in oil and gas wells...sounds good!

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#31
(07-07-2014, 08:58 PM)CityFarmer Wrote: Having said so, MAS should has a better solution than just a Alert List...

It is a catch 22 situation. There will only be a potential case of investment scam if money is actually lost ie when it is too late. Even if money is lost, the sponsor can always argue that there will be a turnaround. To have the authorities act before hand reminds me of the Tom Cruise movie "Minority Report" where the controversy was to allow authorities to arrest and convict even before the crime is committed.

Also, if MAS or other authorities (CAD, police) take more pre-emptive measures, investors themselves will be making hue and cry, blaming the project's failure on government's interference.

Perhaps more punitive sentencing can help to mitigate - 7 years before discount is a joke for these sociopaths. No, I am not paranoid, check out what happened to Albania in 1997 and you may think that Madoff got off lightly with only 150 years.
Reply


Messages In This Thread
RE: Direct investment in oil and gas wells...sounds good! - by fat al - 08-07-2014, 01:57 AM

Forum Jump:


Users browsing this thread: 1 Guest(s)