TCS - The Crescent Securities

[targav 8]

HI i'm new here. Could anyone find out what has happen,to THE CRESCENT SECURITIES [TCS] LIMITED .They lost 13millions$ of people investment,including me. Armstrongwily chartered accountants took over ,but won't tell you anything apart that the company is worth 126$ .a lot of pensioners then lost all their saving ... thank you

 

[Family_Guy]

Re: shares lost

Your pronunciation is poor, the execution of your paragraph (if you can call it that) is terrible. It made no sense. None of it. So i wonder if you read the whateva it was that you read and understood where and why you were putting your money into something that obviously you didn't understand at the time, nor understand now or for ever hold your peace and thats why you have lost your money. What were the returns, by the way? 70%?

 

[Timmy]

Re: TCS - The Crescent Securities - What happened?

Have to scratch my head Family Guy – have you got some sort of text-to-speech thing happening? How did you assess the pronunciation? Weird....

Anyway, I found targav's query readily understandable. Targav – sounds like a very messy situation and information is going to be hard to come across. I looked on Google and found some info on ASIC's website, but not much really. Might be worth calling someone in ASIC and seeing if they can help you find out more?

Good luck.

 

[Sean K]

Re: TCS - The Crescent Securities - What happened?

HI i'm new here. Could anyone find out what has happen,to THE CRESCENT SECURITIES [TCS] LIMITED .They lost 13millions$ of people investment,including me. Armstrongwily chartered accountants took over ,but won't tell you anything apart that the company is worth 126$ .a lot of pensioners then lost all their saving ... thank you

Who got you into this? You should be calling them.

A few people are losing money in funds right now, you are not alone.

My brother is quite high up in the finance industry and got himself and our parents into a fund that went bust! I think they get 10 cents in the dollar or something...

Cripes!

The baby boombers are seeing their last 4 years gains disappear quite quickly. And us gen X and Y ers losing our inheritance! LOL

 

[targav 8]

Re: shares lost

Your pronunciation is poor, the execution of your paragraph (if you can call it that) is terrible. It made no sense. None of it. So i wonder if you read the whateva it was that you read and understood where and why you were putting your money into something that obviously you didn't understand at the time, nor understand now or for ever hold your peace and thats why you have lost your money. What were the returns, by the way? 70%?

Thank you family -guy i came here to find some answers.The investment was to build twenty flats in sydney,by a reputable australian firm.[not chinese] i invested because they garanteed the capital of investors. The interest was 11% for eighteen months.I know that ASIC is looking into it ,that is like the government looking at the price of petrol,it ain't going down just by looking at it. Anyway thanks you and leave it at that. i will sort it out.

 

[cordelia]

Re: shares lost

Your pronunciation is poor, the execution of your paragraph (if you can call it that) is terrible. It made no sense. None of it. So i wonder if you read the whateva it was that you read and understood where and why you were putting your money into something that obviously you didn't understand at the time, nor understand now or for ever hold your peace and thats why you have lost your money. What were the returns, by the way? 70%?

That's a really insesitive response I am afraid.....Have you never made a poor investment decision?

When someone is asking for help you don't jump on them with a bag of hammers.....