Meyer Asset Management - Richard Cayne - Meyer International - investment scam
Richard Cayne is a financial advisor who was in Tokyo, Japan until August 2010. After his company, Meyer Asset Management, was given a warning by the Japanese Securities and Exchange Surveillance Commission, he moved his operations to Bangkok, Thailand.
Richard Cayne has caused a lot of trouble for his clients. He aggressively marketed a fraudulent land-banking investment in Thailand called Royal Siam Trust. RST was sold under many false pretenses ($500 million in company assets, company history dating back to 1955, possible for investors to withdraw at any time). None of it was true. When investors inquire about their investment or ask for their money back, they get nothing but lies and stalling tactics from Richard Cayne.
I strongly advise anyone who is considering doing business with Richard Cayne, Meyer Asset Management, or Meyer International to stay away. In my opinion, he is not a reliable person and seems to have difficulty telling the truth.
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