Criticism
There have been allegations that the Swiss Mutual Fund is a Pyramid scheme, with victims predominantly in Malaysia. The Central Bank of Malaysia has issued warnings regarding Swiss Mutual Fund's legitimacy, and have advised investors to avoid the company and its subsidiaries. The Monetary Authority of Singapore has placed Swiss Mutual Fund in their Investor Alert List.
Hundreds of millions of US dollars have been lost to this scam by investors throughout the world and little or nothing has been done by governments to trace the trail of the money. It is feared that the money is actually used to fund global terrorist networks, and that terrorist networks have been using investment scams to obtain fund for their operations. Or some governments are behind this.
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Famous quotes containing the word criticism:
“I consider criticism merely a preliminary excitement, a statement of things a writer has to clear up in his own head sometime or other, probably antecedent to writing; of no value unless it come to fruit in the created work later.”
—Ezra Pound (1885–1972)
“The greater the decrease in the social significance of an art form, the sharper the distinction between criticism and enjoyment by the public. The conventional is uncritically enjoyed, and the truly new is criticized with aversion.”
—Walter Benjamin (1892–1940)
“People try so hard to believe in leaders now, pitifully hard. But we no sooner get a popular reformer or politician or soldier or writer or philosopher—a Roosevelt, a Tolstoy, a Wood, a Shaw, a Nietzsche, than the cross-currents of criticism wash him away. My Lord, no man can stand prominence these days. It’s the surest path to obscurity. People get sick of hearing the same name over and over.”
—F. Scott Fitzgerald (1896–1940)