Alternative Investment - MAS Investor Alert List

Last month I have a post discussing the alternative investments that I came across in the market place.  I have done further research and found that some of the companies selling these investments are on Monetary Authority Singapore (MAS) Investor Alert List.

The following companies are on that MAS Investor Alert List:

1. Solomon Alliance Management Pte Ltd
  - Hong Kong Land Asset Acquisition
  - German Government Listed Building Projects.

2. WealSol Pte Ltd
 - Brazil Opportunity investment

3.  Infinity Treasures Pte Ltd
 - Detroit Exit Strategy
 - Canada Crude oil

The MAS Investor Alert List

From time to time, MAS receives information on unregulated persons who have been mistaken as being licensed or authorised by MAS.  Consumers should exercise care when dealing with these persons or with other persons acting on their behalf.  Overseas consumers who receive solicitations by persons who claim to have an operation in Singapore should also exercise care and check if they are in fact dealing with persons who are regulated by MAS.

The MAS Investor Alert List is a list of unregulated persons who, based on information received by MAS, may have been wrongly perceived as being licensed or authorised by MAS.  The list is not exhaustive and will be updated regularly. 

Link to MAS Investor Alert List

Companies that are in the above list meant that they are not regulated by MAS and the products that they carry are non-regulated products.

Again, the jury is still out on whether these are ponzi schemes, and no risk no gain, but Caveat Emptor !

Related Post:
Alternative Investments ???

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