I see that some unscrupulous financial websites are taking money to send out
promotions today for Pacific Tycoon. DO NOT RESPOND. DO NOT INVEST. You are
being treated with utter contempt as a reader of these sites and should unsubscribe at
once. And here is why.
Pacific Tycoon claims to offer you a safe 12% yield (that is the bold headline) for
giving it your money which it will then use to lease out shipping containers and you get
at least a 12% profit on the trade. Woopey do. Now go read the small print at the
bottom.
a) This is not a regulated offering so if you lose your dash you have no come back.
b) The 12% is dependent on company performance. The very small print notes:
Prospective investors should also note that the return of 12% p.a is guaranteed by
Pacific
Tycoon
and
is
subject
to
performance
of
the
company.
And since this is a private company based in Hong Kong how are you going to check on
that performance?
Oh this is just Tom bleating on and he has made it all up. Er.. no. Do a Google search.
This is what the French equivalent of the FSA says:
The Autorit des Marchs Financiers (AMF) and Institut dEmission dOutre-Mer
(IEOM) hereby draw the attention of the public to the activities of the company
PACIFIC TYCOON, headquartered at the following address: Level 10, World Wide
House, 19 Des Voeux Road Central, Hong Kong. This company advertises, notably in New
Caledonia, for the acquisition of maritime containers to be rented out. PACIFIC
TYCOON proposes two types of lease, one promising a guaranteed yield of 12% and the
other, described as aggressive and offering a high yield.
In the light of the information at the disposal of the AMF and the IEOM, it would
appear that PACIFIC TYCOON is proposing investments that fall within the scope of
intermediation in miscellaneous assets. The AMF and IEOM hereby warn you that the
company PACIFIC TYCOON has not been authorised to propose investments in
miscellaneous assets. Therefore, the information documents and standard
contracts handed out to investors have not been examined by the AMF.