got from my rep just 3 days before the shout down withdraws. Trying to get me to put my money back into a “new product” within a separate legal entity?
Might be similar to banks ring fencing account from investment accounts . Two things changed, a co ordinated campaign leading to a run on deposits . The CPI number which front ran the crash in prices
Where this comes from?
Myself and a friend both had different hnw account reps. Both of us were assured during the entire process that there were no liquidity issues and no risk to client assets. And that it was all FUD. Right up to the Friday before the Monday they shut off withdraws. They were obviously all following a script as our emails were basically the same. And the script was a lie.
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