Beware & Protect Yourself 02 (Jan 09 - Aug 10)

Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby iam802 » Wed Sep 30, 2009 6:19 pm

Strong earthquake felt at my place...

3 'wave' in a row...
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby winston » Wed Sep 30, 2009 7:09 pm

Tsunami warning issued for Indonesia, India, Thailand and Malaysia following earthquake off coast of Sumatra.

Source: CNN International
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Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby winston » Tue Oct 13, 2009 11:02 am

Internet savvy experts need not read. This is for internet dummies like me ..

The main difference between http:// and https:// is

It's all about keeping you secure


HTTP stands for HyperText Transport Protocol, which is just a fancy way of saying it's a protocol (a language, in a m anne r of speaking) for information to be passed back and forth between web servers and
clients.

The important thing is the letter S which makes the difference between HTTP and HTTPS. The S (big surprise) stands for "Secure".

If you visit a website or webpage, and look at the address in the web browser, it will likely begin with the following: http:// . This means that the website is talking to your browser using the regular 'unsecure' language.

In other words, it is possible for someone to "eavesdrop" on your computer's conversation with the website. If you fill out a form on the website, someone might see the information you send to that site.

This is why you never, ever, ever, should enter your credit card info in an http website!

But if the web address begins with https:// , that basically means your computer is talking to the website in a secure code that no one can eavesdrop on.

You understand why this is so important, right? If a website ever asks you to enter your credit card information, you should automatically look to see if the web address begins with https:// . If it doesn't,
there's no way you're going to enter sensitive information like a credit card info!
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby kennynah » Tue Oct 13, 2009 1:46 pm

jokes aside...

this is a very good brand.... you can get it everywhere, at 7-11, regular mama shop, chup huay tiam,....


Condom - Okamoto 0.03


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Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby millionairemind » Tue Oct 13, 2009 1:57 pm

Investideas.net is http only :P

But don't worry, we will not ask for your credit card numbers :lol:
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch

Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.
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Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby kennynah » Tue Oct 13, 2009 2:11 pm

yeah....just give us cash... :mrgreen:
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Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby winston » Sat Nov 07, 2009 10:10 pm

Which products are fakes ?By Elizabeth Strott

http://articles.moneycentral.msn.com/Sm ... marts.aspx
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby winston » Sun Nov 08, 2009 11:00 am

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Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby Musicwhiz » Thu Nov 19, 2009 11:01 am

Con men are everywhere. Be careful of promises of 30% quick returns! :?

Nov 19, 2009
Con man cheated 91 people of $13m

Lee Hock Chye jailed for 14 years for investment scam
By Elena Chong & Mavis Toh

They were successful professionals in their own right. But the lure of making a quick buck saw two people fall for the ruse of a con man.

Over a 12-month period from 2007 to last year, the 51-year-old architect and the 49-year-old senior manager handed over $700,000 altogether to Lee Hock Chye.

They were not the only ones to fall for the scam. In all, Lee, 30, convinced 91 people in just two years to put $13.4 million into an investment scam he concocted in April 2006.

Only $3 million was paid as returns to the customers.

His victims - including retirees, businessmen and students - gave him amounts ranging from $430 to $744,000, after he promised them returns as high as 30 per cent.

Yesterday, District Judge Toh Yung Cheong jailed Lee for 14 years on 16 counts of cheating. Each could have landed him in jail for up to seven years.

As some of his offences were also committed after Feb 1, 2008 - when the Penal Code was amended - he could have faced up to 10 years' jail on each count.

Another 149 similar charges were taken into consideration.

Deputy Public Prosecutor James Lee told the court that Lee had set up his company, LePrime, to give the illusion that he was trading in the index futures market and could offer various investment schemes with high returns.

Lee claimed that LePrime conducted trading in Dow Jones, Hang Seng Index and Nikkei 225 Index.

He was able to get investors on board as those who referred others to the scheme were promised a monthly interest payout. The company also sent daily trading statements to clients, leading many to believe that the firm was professional and legitimate.

But 'the index trading was fictitious and the offered investment schemes did not exist', said DPP Lee.

Lee would use the clients' money to cover his own expenditure or to repay existing clients, in order to maintain the illusion that he was trading.

He even drew up profit-and loss-sharing agreements to dupe his clients.

However, things began to unravel in May last year when a client complained to the police that LePrime had failed to make the monthly interest payouts and principal sums due.

Lee admitted his offences to the Commercial Affairs Department about a month later. More than 10 reports were also lodged by other clients.

Two of the victims The Straits Times spoke to yesterday said they had no problems trusting Lee, whom they also knew as Jon.

The senior manager, who lost about $518,000 in the scam, said Lee was blind in one eye and 'not very articulate'.

'He looked to be in a bit of a pitiful state and all these things made him seem relatively harmless. It gave the impression he was trying to make a decent living.'

The senior manager said he and his family, who also gave Lee money, received several 'small payouts' but these stopped by early last year. They made a police report several months later.

The architect, who was introduced to Lee by a trusted friend from church, said he first met Lee in May 2007 in the con man's office in Maxwell Road.

Lee convinced him to put $35,000 into a scheme and promised to absorb 30 per cent of his monthly trading profits and losses. The architect was sold.

But over the next six months, he never received a single payout but instead was pressured into putting another $200,000 into the investment, the architect said.

'Jon kept saying that this is the right time, the best time, to go into the market and if I don't top up the money, I'll end up losing all my investments,' he said.

He handed $95,000 - a loan from his wife and sister-in-law - to Lee.

He decided to pull out only when Lee told him that he had invested in more lots without seeking his approval.

The last time he showed up at Lee's office in June last year, he saw him being handcuffed and taken away by the police.

'That was when I knew everything is gone, all my life savings. I was so naive,' the architect said.
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Re: Beware & Protect Yourself (Jan 09 - Dec 09)

Postby kennynah » Thu Nov 19, 2009 1:39 pm

so sad...these unfortunate souls....lost so much money... and so foolish as well....

is it really just the lure of handsome profits that clouds these people's judgement of what is real and fantasy? or is that they are just gullible and naive? we very seldom see news of PRCs being conned even in their country...are they smarter than us? have we switched off our brains because they have been perversely damaged by propaganda?

i am afraid, many of us do not "think".... we simply relax ... everything is fine and safe here ....

"one eyed man looks pitiful" said the architect.... to this architect, i'd remind him again the proverb "never judge a book by its cover" and better don't tell people you are an arcitect.... sia sway :!: :!: :!:
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