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Serious S'pore scandal - PHILLIP SECURITIES

singham

Alfrescian
Loyal
Criminal Activities of Philips Securities

There’s a lot of rumours due to the connections of Chairman with Singapore Business Community. He have insider information allowing him to profit handsomely in the stock market. The company is even able to work with alternative media and mainstream media to generate false news of impeding acquisitions. Buying in mass volume of shares in low prices, disseminating false information of acquisitions and sell the shares at a high prices, making hundreds of millions at one shot. Someone should highlight their criminal activities to MAS. Phillip Securities is making money out of the pockets of ordinary share investors like me and you. All the company traders make money by manipulating shares to Chinese companies to make huge amount of profits. To quell the thirst of profits, Phillip Securities sells information of clients to data trader companies that used them for marketing purposes. This data theft is a sizable business bringing in $20 million of tax free earnings to Philips Securities annually. There are plans in process of doing mobile apps installed by customers for trading purposes with hidden malwares or bugs to tag into personal messages, contacts and even audio phone conversations for the use of data analytics to determine the most suitable financial products to sell to each individual customers. To maximise profits, secondary customers’ mobile data are sold to data middleman for the use of selling consumer products like credit cards, luxury goods or health products. This are criminal activities which violate Singapore’s Consumer Personal Data Protection. Phillip Securities also serves as parking lots for secretive clients who bought huge amount of shares for acquisitions purposes, tax evasions and money laundering. They will hold these huge lots of shares on behalf of these secretive clients to prevent reverent authorities from identifying these clients. This activity is highly illegal. Phillip Securities is truly a criminal enterprise.

http://singaporescandal.com/exposin...-phillip-securities-www-singaporescandal-com/
 
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