I cannot believe the amount of traffic that this blog is receiving from a previous post I did on Concrete Equities. Over the past few weeks, I have seen an enormous amount of hits relating to this tragic investment firm, which makes me wonder how many people were actually invested in this scheme? ( I have had hits from Europe, South America, South Africa and over 30 different States in the USA.)
I took a look at their website, which is no longer functioning. There is a link to the receivers website, which has all of the public documents listed in PDF format. Interesting material.....if you are into that sort of thing! I am really curious to see how this saga will unfold and even more interested to see if there will be any criminal investigation into the matter?
I do not feel sorry for the CBC however! I believe that the should have done their homework on this company before having them as their main sponsor. Having Concrete Equities as the main sponsor of a prime time CBC show added unfounded credibility to this investment group, and I am sure that most people figured they were legit, based on the CBC's "'endorsement". Check out the CBC page here....(and the comments below...) how embarrassing!
I'll be keeping an eye on this story with great interest! If anyone has any good links/stories, let me know.