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1 Comment

  1. LeoWong
    November 19, 2020 @ 10:22 am

    I am currently in HK and had personally been to their office to review their documents. This is my unbiased view. Yes they are brand new and they claimed to be the marketing arm for IBH bank. I have reviewed their documents and I am convinced that they are indeed partnered with IBH bank. Based on the laws in HK, a company needs to be registered with a regulator even if they are not registered the SFC to be legal. However, if they are not registered with the SFC in HK, they will not be offered customer protection.

    From my experience, MLM and securities offering are usually bad idea with the temptation of only income is from newly invested fund is the only source of income to the company. There is no retailable product or service. Since TLC is only a year old, this is an extremely high risk investment and in terms of financial industry, the bare minimum qualified investors will look into a company is if they are at least 5 years old.

    I will say proceed with caution.

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