Sou Sou Investment ?

[Redman]

....with the DSS debacle...wondering if the "investments" made its way there to clean or vice versa?

I do not see how this working.

Not as a sou sou.
And not as a laundry

[pugboy]

can a bank reject you if you say your source of funds was a sou sou?

....with the DSS debacle...wondering if the "investments" made its way there to clean or vice versa?

I do not see how this working.

Not as a sou sou.
And not as a laundry

[The_Honourable]

https://instagram.com/atlantic_investments?igshid=d3je5szojstt

Same set of suspects or a new set?

[mbr]

sad indeed

[Redman]

can a bank reject you if you say your source of funds was a sou sou?

....with the DSS debacle...wondering if the "investments" made its way there to clean or vice versa?

I do not see how this working.

Not as a sou sou.
And not as a laundry

What they doing to generate returns....
Outflows are exponential.

Also a laundry is supposed to return my dirty money cleansed.

Those outflows create a gaping hole.

[pugboy]

regular laundry usually returns money at a lil loss

[RedVEVO]

^^
Why would you want to take people's money ?

If they want to take the risk , why not ..

Maybe you do not understand how it works

[maj. tom]

Now that selected flights are starting to open back, don't be surprised if some of the Ponzi schemers suddenly start to disappear without a trace. Case closed eh? Sou-Sou my ass.

[eliteauto]

Now that selected flights are starting to open back, don't be surprised if some of the Ponzi schemers suddenly start to disappear without a trace. Case closed eh? Sou-Sou my ass.

I've said the same thing, some of these "sou-sous" are riding out the storm until airports open

[RedVEVO]

^^

Where you going to disappear with TT $$$$$ ?

Nobody wants TT $$$ ..

You will have to convert

[shake d livin wake d dead]

Great is the DSS??

[RedVEVO]

^^

Yes

They have $94 Million in CASH ..

And People quiet ..

Great is the People.

[redmanjp]

^^
Why would you want to take people's money ?

If they want to take the risk , why not ..

Maybe you do not understand how it works

the problem is they promise you will get your 'blessings' but never tell you the risks - that might be illegal/fradulent.

[Redman]

Jp....it eh have no might.
It is fraud.

People who receive the payout are also involved.

Ignorance ain’t any excuse.

Proceeds of crime etc.

[16 cycles]

UK investigators on the way for Rose too?

[VexXx Dogg]

I guess it depends if there were complaints or police reports made, no?

If people stay quiet after their money evaporate, well....

[RedVEVO]

Sou Sou explained ..

https://newsday.co.tt/2020/10/17/sou-so ... different/

[RedVEVO]

" ..Cars lined the street for over one mile, and people huddled in groups, under buildings on either side of the road. Others were in the inn, awaiting their turn to be called, as numbered chits were issued to those trying to register.."


https://www.guardian.co.tt/news/7-held- ... 6a77c0f324

[MaxPower]

Sigh,

Good luck my African brothers and sisters.

You will need it.

[Redman]

5 hands...wow.

[RedVEVO]

^^

It's a People's revolt against the Banks ..

It's like the Banks have COVID so People social distancing

[teems1]

The number of pyramid schemes popping up is a clear indication of the 50% failure rate of maths at the CXC level.

Do people not understand the concept of exponential growth?

There are not enough people in the world to maintain the numbers required to ensure you get a return.

They eventually hit a saturation point and collapse.

[Dohplaydat]

The number of pyramid schemes popping up is a clear indication of the 50% failure rate of maths at the CXC level.

Do people not understand the concept of exponential growth?

There are not enough people in the world to maintain the numbers required to ensure you get a return.

They eventually hit a saturation point and collapse.

At the risk of sounding like EF, I overheard my PNM co-worker saying this about 3 weeks ago....

"This next sou-sou pop up, but it run by some of the same ppl in DSS, they say if you give 2000 yuh getting back 7000, 5000 in a month and 2000 before Christmas. You ever see a bank giving interest so? nah I taking a chance with it cuz I know people who get pay off"

Keep in mind she makes $3500 a month, however her husband is fairly rich and she has absolutely no value for money.

[Dohplaydat]

The number of pyramid schemes popping up is a clear indication of the 50% failure rate of maths at the CXC level.

Do people not understand the concept of exponential growth?

There are not enough people in the world to maintain the numbers required to ensure you get a return.

They eventually hit a saturation point and collapse.

Also a clear indication of desparation and unemployment.

[VexXx Dogg]

A fool and their money are soon parted.

Some people are very aware of the maths behind this and are banking on the risk that it is other people going to lose out.

[Dohplaydat]

A fool and their money are soon parted.

Some people are very aware of the maths behind this and are banking on the risk that it is other people going to lose out.

Then they need to change their entire selling point. It's not a 'risk'......it's essentially gambling.

[Lou Screuz]

Papa Doc Rowliar de Le Coteaux say

"DSS is a cancer that will eat the soul of T&T"

so he Tobago famalee run come quick to join up

The number of pyramid schemes popping up is a clear indication of the 50% failure rate of maths at the CXC level.

Do people not understand the concept of exponential growth?

There are not enough people in the world to maintain the numbers required to ensure you get a return.

They eventually hit a saturation point and collapse.

blame kamala ?

[Country_Bookie]

There's no laws in Trinidad that make running a ponzi scheme illegal. It wasn't in the constitution the British left us and we never drafted a law about it.

Only angle the govt can pursue is either charging them with fraud, or for violating the securities act, which says every investment must be registered with the SEC before being offered to investors. I'm not a lawyer so I can't say whether either of those will stick.

[redmanjp]

There's no laws in Trinidad that make running a ponzi scheme illegal. It wasn't in the constitution the British left us and we never drafted a law about it.

Only angle the govt can pursue is either charging them with fraud, or for violating the securities act, which says every investment must be registered with the SEC before being offered to investors. I'm not a lawyer so I can't say whether either of those will stick.

x10

if they put a disclaimer that your investment is not guaranteed and they also register with the SEC then it would probably make it legal. although the next thing is if money laundering is involved. why do they call it Drugs Sou Sou by the way?

[Country_Bookie]

The SEC won't register a ponzi scheme.
As for the name Drugs Sou Sou, it's not a coincidence that this sprung up at the same time when cash intensive businesses like bars, night clubs, fetes etc are closed and can't launder any drug money.