Are Thai economic police at last catching up with foreign financial advisors who have been defrauding the country’s ex-pat populations for decades? The answer to that is no. Why should we expect them to? But good news at least to see the arrest of Briton Mark Kirkham at Bangkok’s Suvarnabhumi international airport accused now of […]
ACCOUNT ON FINANCIAL SCAMMERS IN PHNOM PENH INFURIATES AS EXPATS IN RANGOON ARE NOW TARGETTED. ‘Cornettos, very young schoolgirls, a secret pad – and a journo’ Independent financial advisers, feeling the heat in Bangkok, have been stepping up their efforts to find customers in Myanmar paying flying visits to offer unbeatable deals to expats wondering […]
BUT IF YOU’VE LOST YOUR LIFE SAVINGS THIS MAY NOT CONSOLE YOU. Wood The personal financial guru of the Bangkok Post has been indicted by the Thai Securities Exchange Commission along with eight other ‘financial advisors’ for operating securities businesses without licences. Andrew Wood, who was afforded a regular financial column in the Bangkok Post’s […]
SOME DODGY ADVISERS JUST WON’T GO QUIETLY Flying Sporran’s Midweek Diary Thailand’s most famous independent financial adviser. whom one should NOT take financial advice from, is quite clearly refusing to go quietly – neither is the company he represents, Platinum Financial Services, or PFS. After repeatedly being exposed on this site and seemingly having his […]
BUT ONLY IF YOU READ THIS! Since being put on Thailand’s Security Exchange Investor Alert List, Platinum Financial Services have been flooding the internet with Twitter messages, and mass emailing, to attract, in particular, British citizens to transfer their pensions offshore where of course PFS would look after them. Last month started a QROPS site […]
HOW RAMMING A POINT HOME IN THAILAND SOMETIMES NEEDS MORE THAN A SLEDGEHAMMER! Platinum Financial Services whose executive director Andrew Wood provides weekly advice in the Bangkok Post has been put on a Securities Exchange of Thailand’s Investor Alert list. Wood’s last column in the Bangkok Post was to advise expatriate Brits how to invest […]
GOOD NEWS FOR EXPAT INVESTORS WITH IFA’S IN THAILAND. THEIR RATINGS ARE STABLE – THEY ARE STILL AS BAD AS EVER! There’s nothing like living a dream and the top spot in my nominations for people who are doing so in Thailand must go to the Bangkok Post’s financial advice columnist Andrew Wood who has […]
HIS CAR WAS TORCHED. HE WAS GUNNED DOWN AND PARALYSED FOR LIFE. THEN HE GOT FINANCIAL ADVICE IN BANGKOK! ** (Pic:Donald ‘Biff’ Whiting) Former U.S. Marine Donald ‘Biff’ Whiting may possibly be resentful of settling down in Thailand with his wife Dolly a senior educationalist. Readers of this site will already know how he was […]
It’s been a hell of a year and the judges have really been scratching their heads with the motley collection on offer for this year’s awards. There are of course some of the old contenders still there who unbelievably just keep popping up again and again. But there have been some delightful new arrivals on […]
CHARTS SHOW RECKLESS ABANDON -They cold call you at your office or home and they give the impression they are the ‘bees knees’ in the financial business and will even warn you against rogue traders. But Bangkok’s ‘Independent Financial Advisors’ are giving international finance, well, a bad name, and expats – and it is expats […]
Andrew Drummond is a British independent journalist and occasional television documentary maker. He is a former Fleet Street, London, journalist having worked at the Evening Standard, Daily Mail, Mail on Sunday, News of the World, Observer and The Times.