Guys just wait and see what happens, asic have frozen around 25 million from there banks accounts plus about 3 other companies which were owned by the directors until this situation is resolved, worse case situation is they will appoint a liquidator and award client's those funds, it may not be...
yes that is 7.5% a month, minimum investment is 250k for this, they let you put 50k in this if you have 200k invested with them already, so 50k @ 7.5% translates to 3,750$ returns a month plus you are getting whatever on your previous 200k, so this ends up being 5 figures a month they apparently...
i have already asked so many questions to them, i agree with you on the above Pharaoh, the insurance polices they have is like with 3 different companies and to validate or verify them is very difficult for a client since were not suppose to have access to the policy.
i have asked in-depth...
Thanks for reply @ pharaoh.
to answer you other questions asked earlier i'm not sure how much money they have under management they won't disclose this information for sure , imho i think atleast 10m+ easy, because one of there products they offer needs 250k minimum investment and they will...
Please note the underwriters and insurance companies have advised we can not give out policy wording due to the fact it will act as a blue print for those who request it to figure out a way to commit a crime against our firm which means we would not be covered.
Many of you have asked why is the cover only $xmillion. This is because Lloyds Of London required many changes to be made which took 12 months including our banking limits and changes to the way we process & handle funds.
The most crucial is our banking limits. We can now only release $xmillion...
@Pharaoh i already ask this question a while back and they sent out an email to clients regarding this i will post the response but i don't want to post there banking limits etc public.
Also a quick question to the other people with this company if you don't mind answering,have you ever lost...
Might add, that the broker's also give the same response, so is there any way to validate the insurance, if everyoneis giving the same reply, cannot share information with third parties etc?
Hi guys got a response from lloyds.
@ pharoah if you can please shed some advice , looks like no one is willing to discuss the insurance policy even llyods themself.
I would like to take this opportunity to explain that Lloyd's is not an insurance company, but is an international insurance...
Will update if llyods gives me an reply, i emailed them with all the details,waiting reply from them will be intresting to see what kind of reply they give me.
Hello everyone
signed up just to reply to this thread.
I am also invested in this company, after reading the above i have some facts i'd like to add and would appreciate your guys input if you guys want to continue the discussion.
-they have sent insurance policies over when requested...
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