PIPC head Michael Liew in Hong Kong?
August 12, 2007
ABS-CBN News reported that Michael Liew, founder and head of the forex trading program Performance Investment Products Corporation (PIPC), was spotted in Hong Kong last week.
The National Bureau of Investigation (NBI) said Singaporean national Michael Liew was sighted in Hong Kong, boosting chances for PIPC investors to recover their investments.
The NBI said it is closely working with the International Police (Interpol) branch in Hong Kong to have Liew arrested.
- Source: ABS-CBN News
As of Thursday, August 9, however, appointed PIPC liquidator Ferrier Hodgson told investors during a meeting that no contact has been established yet with Michael Liew.
A summary of the Ferrier Hodgson's PIPC investigation report is available here: Progress of Ferrier Hodgson’s investigation of PIPC
Click here to discuss PIPC: Performance Investments Products Corporation in the PMT Forum.
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