The Dressel Debacle
Tuesday, April 24, 2007
Thousands of Dressel clients are unable to recover their investments. But the government is uncaring, preferring to play the blame game.
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INSTEAD of regulating and monitoring foreign investment products, the government has regrettably washed its hands of any linkages when victims fell. The collapse of Dressel Investment Limited, dragging down thousands of investors, is one example. Once again, investors are targets of unscrupulous investment fund managers, offering tantalizing high interest rates. Dressel merely added to the long dark list, which includes Add Farm, QSAR, Ibist, and
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