July 13, 2020 BY Steffy Bogdanova
Former officer of Wonderful Wealth Group convicted and fined $20K for unlicensed activities
The SFC discovered that from July to September 2012, solicited two customers to invest in a WWGL-operated investment scheme with futures contracts and options. Chan guaranteed a 5% monthly return rate in three months’ time. The investors gave a total of $850,000 a d lost approximately $710,000. The Hong Kong regulator found that WWGL dealt…
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