Fair Compensation

Dear Mr. Tan,

What is a fair amount of compensation that the distributing financial institution can offer to the investor? Can we expect them to compensate us fully for our loss of hard earned savings?

REPLY
If this matter goes to Court, either on an action taken by the Government or by the investors, the decision will be made by the judge.

However, the parties may agree to make a settlement on their own, without asking the judge to decide. In that case, each investor should decide on the amount that they are willing to compromise.

If you are offered compensation at 50% of your loss, will you accept? I am sure that the investor will like to have the loss fully compensated, but it is unlikely that the distributing financial institution will agree.

Can you send an email to me at tkl@tankinlian.com. State your name, telephone number, amount invested and the amount that you will accept as a fair compensation (i.e. that you will be willing to fight in court, if you are not offered. Remember, legal expenses can be quite costly).

Do not send email on any other matter to tkl@tankinlian.com as I shall NOT be replying to emails from this account.