Best thing is do your homework and check into the full background of tge person and company before you make a decision to do any kind of business be it money or whatever. Always have a contract. Paperwork and witness and get it notarized.
This is the reason you need to do your due diligence before you do anything. They probably are not lying and put the money in a trade market or stock market that lost money. You can't blame them, you need to be mad at yourself.
So stupid. U should have sued them in court and ask for proof of investments. They could have been caught and in jail and other victims could have been saved.
Ponze scheme! Should have called the police to investigate. They would be able to provide you statements to show how your investment is doing. When it's too good to be true it isn't. Lesson learned. Hmong people don't be greedy....when you hear it makes so much money back you are quick to give your money away. If it was that simple then everyone be rich too.
When something seems too good to be true, more than likely it's not legit. This sales couple was nothing more than con-artists, tricking innocent and naive people out of their hard earned money! If you want to invest legitimately, talk to a REAL investment advisor (at banks or brokerage firms) who will tell you what you can expect and the risks of investing. REAL investing involves losses as well as gains, and you need to determine what level of risks (low, moderate, high) you can handle before determining what to invest in. If you know nothing about investing or are scared of losing your invested money, then DON'T invest and just put your money into a high yield savings account, money market, or CD.
Omg! That's a huge scam from very own Hmong people. My husband's cousin mislead us changing his 401k to his plan and lost it all. He blameed it on the economy
Ob niag niam/txiv khuj noj khuj haus. Ntxim ntxum tshaj plaws. Nej los tim nej ruam es nej thiaj li mus ntseeg nkawv txoj kev dag. Ntshe nej cov nyiaj ntau dhau lawm es tsis muaj chaw rau xwb os.
Ib niam/txiv investor hais Yog lawm. Neb tsis yog raug dag, tim neb ruam xwb. Like your dad said, $20k was to paid for the lesson. I'm glad that the two of you graduated.
Tus neeg ruam thiaj raug lwm tus dag ntseeg thiab hem ntshai. Tsis muaj ib tug neeg nyob hauv world no ruam ruam tab sis ho nplua nplua nuj. Tsis tas li los tsis muaj ib tug neeg ntse ntse tab sis ho txom txom nyem thiab. Yog li no tus neeg ruam ib txwm siv tswv yim yuam ua neej ces nws thiaj pluag dua tus neeg ntse.
Not just this, but even nowadays, some Hmong insurance agents still lie and promise people with a good return if they buy Universal Index life insurance. They be like..."in 10 years, koj tus policy tau nyiaj ntau heev."
