Here's an article from Richard Cayne to warn us about common investment scams:
https://richardcayne.com/richard-cayne-meyer/richard-cayne-warns-about-common-investment-scams/
He warns us about 1) Cold calls / Boiler rooms 2) Precious metals and coins investments 3) Fraudulent offshore investment schemes 4) Free stock tips
That's all fine and dandy but there is one glaring omission that Mr. Cayne never mentions in his article. Why is there nothing about "land-banking scams?"
I guess Richard would like everyone to forget about the Royal Siam Trust land-banking scam that he marketed with his close friend, Gregory Pitt. The money has vanished from the Standard Chartered account in Hong Kong and the land "investment" has turned out to be utterly worthless.
Richard likes to blame anyone and everyone (except himself) but the end result remains the same. He is at best a terrible investment advisor and at worst an untrustworthy character who has caused hundreds of investors to lose thousands of dollars in a dog's breakfast of an investment.
If you would like to read about land-banking investment scams, I have a link for you here:
https://www.ripandscam.com/land-banking-scams.php
All for now. Have a great day, wherever you are.
