Hi there, I have only just recently come across your website and find it very interesting, and amazed at what has been going
on.
My wife and I are investors in Totara and DNZ.
Not huge amounts, thank god, but annoying just the same as our local investor Lawrence Rohan recommended these products.
I won’t go on about DNZ but we invested $10K with Totara in April 2008 only for a year as we were saving to visit our daughter
in the UK.
Imagine our surprise when we received a letter from Totara the very next month saying the fund was suspended.
I wrote a letter to Totara complaining that it seems strange you can take investments so close to suspension.
Basically their reply was tough titty read the fine print.
But what I found really galling was our advisor was still getting commisions from the fund.
We also haven’t heard from them since August 2009.
Keep up the good fight.
Cheers
Chris McDonald
Hi there, I have only just recently come across your website and find it very interesting, and amazed at what has been going
on.
My wife and I are investors in Totara and DNZ.
Not huge amounts, thank god, but annoying just the same as our local investor Lawrence Rohan recommended these products.
I won’t go on about DNZ but we invested $10K with Totara in April 2008 only for a year as we were saving to visit our daughter
in the UK.
Imagine our surprise when we received a letter from Totara the very next month saying the fund was suspended.
I wrote a letter to Totara complaining that it seems strange you can take investments so close to suspension.
Basically their reply was tough titty read the fine print.
But what I found really galling was our advisor was still getting commisions from the fund.
We also haven’t heard from them since August 2009.
Keep up the good fight.
Cheers
Chris McDonald