Note: The scam Stoic Capital (stoic-capital.com) is not to be confused with Stoic Capital Pte Limited (https://stoic.com.sg/), a legitimate company regulated by MAS in Singapore. Typically, when a ponzi scam decides to “close shop”, they will come up with a “legitimate sounding” excuse to do so. They will have something to blame for their closure. […]
A few months ago, I wrote a post warning people about an obvious Ponzi scheme – Stoic Capital.. The post generated numerous comments. From the comments, we can see that there are still people who are taken in by Stoic. Note: The scam Stoic Capital (stoic-capital.com) is not to be confused with Stoic Capital Pte […]
There has been an increase in the number of counterfeit notes circulating in the market, most of which are $50. Some signs to look out for: Made from poor quality, waxy paper Has the serial number 2EY322725 No security thread in the middle of the note The octagonal kinegram at the top of the note […]
New York Times has compiled a list of Madoff victims and their estimated exposure. The effects looked far and wide with victims ranging from financial firms to charitable organisations. Names more familiar to us include Great Eastern with a $44 million exposure and HSBC with a whopping $1 billion exposure. The list can be viewed […]
Someone tried to post a comment on my blog about an investment opportunity with Stoic Capital (stoic-capital.com). The website no longer works as the company has closed down. My intial response was to delete the comment but decided in the end to post it here for learning purposes. Note: The scam Stoic Capital (stoic-capital.com) is […]