Sunday, November 23, 2008

Low compensation offered by HLF

Dear Mr Tan,

I have received some updates from HLF regarding the Minibonds.

Both of my elderly aunts (one is mid 70s, the other is 59) have both received the calls from HLF last week regarding the "compensation" regarding to their MiniBonds investment. The total sum invested was $90,000, and HLF actually proposed to return them $250 each to compensate for their losses. This is outright ridiculous! HLF had clearly taken their money thru mis-selling, and now they are offering $250 each as good-will! Both of my aunts rejected this compensation and seeks to bring this case up to FIReC.

Thank u for everything u hv done for us!

Anne