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Top 10 Asia stories of 2017

By Tom Carnegie, 28 Dec 17

A new multi-wrapper platform, China’s asset management industry topping $7.5trn and a Hong Kong IFA firm having its office raided were some of the top stories for our audience in Asia in 2017. Click through the slides to see the others.

Three Brits arrested in Philippines over boiler room scam
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Three Brits arrested in Philippines over boiler room scam

In April, three British nationals allegedly involved in an investment scam were arrested in the Philippines.

Andrew Robson, Graham Allan Bennet and Dominic Whellams were arrested by agents of the National Bureau of Investigation.

The trio were charged with running a boiler room scam via their company Plustel Solution, which called unsuspecting investors outside of the Philippines and used high-pressure sales tactics to sell “worthless, overpriced, and non-existent securities to investors”, according to a statement issued by the Philippines Securities and Exchange Commission (SEC).

Click here for the full story.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.