EXCLUSIVE: Now we’ve got your attention with our no-risk investment headline, let us explain why you could be one step closer to losing your money.
No risk investments are, realistically, the stuff of dreams.
We have no evidence to suggest the company we are highlighting is doing anything wrong however, we have given them multiple opportunities to provide input to this piece prior to publication. The company has not responded.
In the real word it just doesn’t happen, or perhaps it can if you believe a full-page advertisement that appeared in a recent edition of the Guru supplement published by the Bangkok Post.
The advert was offering a “California Real Estate Investment Opportunity”, offering “no risk, high growth” residential and commercial development projects.
The Los Angeles-based company, using the website RNInvestment.com, appears to be managed by two South Americans from what appears to be a residential building in downtown LA. Its directors and place of business are the same as a digital marketing company called Image Group Corp.
RN Investment does have a Bangkok contact, and does appear to be operating from an address in the other suburbs of Bangkok, not far from Don Mueang. Calls to that published number have not been answered.
After more than one week the company has failed to respond to our emails regarding their “no risk” investment, and the guarantee it can offer to substantiate this claim.
Another warning sign for potential investors is despite suggesting the company is registered with America’s Better Business Bureau, that organisation is unable to find any record using the trading name and address supplied on its website.
There are two issues here.
First is the lack of regulation regarding property advertising in Thailand. This company is likely touting Thai investors because other countries would require similar published ads to carry in-depth details about the complete “no-risk” investment. Singapore and Hong Kong are to such countries.
Another issue is one of trust. A lot of readers will believe what they read, and because an advert appears in print within the leading English language print publication it must be okay. After all, he publisher will have done its own due diligence on the advertiser, right?
Even with our own research there is enough to raise concerns about this “no-risk” investment opportunity.
If you’re genuinely interested in what this company is offering then we strongly suggest you conduct your own due diligence, just as you would for any property investment.
RN Investment Group is more than welcome to provide answers to the specific questions within our email and they will be published in full.