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Can there be another Covid-19 wave in Sri Lanka?

Touchwood bank accounts are closed! Be aware! Vote_lcap68%Touchwood bank accounts are closed! Be aware! Vote_rcap 68% [ 178 ]
Touchwood bank accounts are closed! Be aware! Vote_lcap18%Touchwood bank accounts are closed! Be aware! Vote_rcap 18% [ 47 ]
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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Touchwood bank accounts are closed! Be aware!

Touchwood bank accounts are closed! Be aware!

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Sanjayacom


Stock Analytic
Stock Analytic

Touchwood issues cheques from their closed bank accounts. Investors who opted to differ the returns for further 3 years will get nothing.

If the authorities acted on time, we would have saved our monies from these thieves. Touchwood has defaulted Agarwood payments now. Though they go with different names such as Touchwood PLC, LTD, Investments etc, the same bunch of robbers are carrying out these scams. What to do Law is blind. I do not want to lose further by going behind lawyers. But if I can do something to save others who join this scam, thats my duty.

raptor


Manager - Equity Analytics
Manager - Equity Analytics

I cannot believe why anyone would want to put money in a company that claims to grow forests and offers huge returns. Its obviously a scam and has so many risks. I remember being accosted by a Touchwood slaes person and when I asked her abou the NPV of the project she had no idea what I was talking about.

People who have not done their homework and who do not make rationale investment decisions cannot blame anyone else but themselves if it goes pear shaped.

Remember, if it sounds too good to be true, then it probably is.

cseguide

cseguide
Vice President - Equity Analytics
Vice President - Equity Analytics

This type of long term biological investment associated with high risk. At also this is in Sri Lanka

Sanjayacom


Stock Analytic
Stock Analytic

@raptor wrote:I cannot believe why anyone would want to put money in a company that claims to grow forests and offers huge returns. Its obviously a scam and has so many risks. I remember being accosted by a Touchwood slaes person and when I asked her abou the NPV of the project she had no idea what I was talking about.

People who have not done their homework and who do not make rationale investment decisions cannot blame anyone else but themselves if it goes pear shaped.

Remember, if it sounds too good to be true, then it probably is.
Evil or Very Mad

The issue here is Big shots (Melonys') of Twood have sold the trees and used the funds for their new investments in Cambodia. They are using our funds for their own benefit. Poor investors have to lick their fingers. Problem is "Why authorities allow this kind of scams to operate".


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