Thursday, February 18, 2010

Get compensation from distributor

Dear Mr Tan,
I received a check for my Mindbond series 1, representing 21% of my investment. Fidrec has scheduled my hearing in March. The Fidrec officer told me they will continue to adjudicate my case, but I feel the hearing is meaningless. Could you kindly give me your advice please?

Reading you blog became my daily routine but recently I found limited information on the minibond issue. I think many victims have decided to give up like myself. I really appreciate what you have done for us victims.

REPLY

You should continue to attend the FIDREC adjudication and fight hard to get some compensation from the distributor for your loss of 79%. This should be on top of the refund that you have received.