07/01 - In a joint operation involving a multitude of both Thai and international enforcement agencies the Brinton Group and the Benson Dupont Capital Management had their boiler room operations raided in Thailand. Complaints had been made concerning similar activities from twenty-one other companies based in Bangkok.
The raids were the result of more than two years of investigations by securities regulators in Australia, Hong Kong and New Zealand following complaints from a large number of investors, especially Australians, who had been solicited by telephone salespersons based in Thailand to buy shares in another overseas market. High pressured selling tactics were used and investors were then asked to send money offshore where it was destined to stay.
good news
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