Smart Money Grabbers over dummy investors (9)

Read? Smart Money Grabbers over dummy investors (8)

Read? Freely Pte Ltd v Ong Kaili and Others [2010] SGHC 60

In the Cyber World; whatever was done is never forgotten!

Quote:

6. The Respondent Course was conducted on 10-12 May 2008 and 21-23 June 2008 over 3 full days. During the Course, the following happened:
(a) During the 1st 2 days, the Course lasted between 9.00 am till past 5 p.m. In particular, [Dr Chiang]:
· introduced the students to the use of ‘Google Translator’, ‘Google Tools’ and ‘Google Earth’;
· played music and screened movies unrelated to options trading (e.g. excerpt from American Idol);
· used quotes from the Bible and mentioned that he and his helpers were church goers;
· taught students to do acts of meditation;
· talking about himself and his qualifications;
· told students to go to the Rolex, diamond and fashion handbag websites and imagine becoming millionaires;
· told stories about ‘Racing History’;
· promoted the sale of the Software;
· getting angry at students when they asked him to teach on options trading; and
· behaved disrespectfully to the Claimants by calling them “idiots”.


CW8888:

Uncle8888 believe most of these "Gurus" might have INITIALLY started with kind intention; but later was blinded when they discovered easy money kept rolling in like this. They began to make it bigger and bigger until one day they fell or retire or handover.