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Credit Agricole SA (PK) CRARF

Alternate Symbol(s):  CRARY

Crédit Agricole S.A. provides retail and corporate banking, insurance, and investment banking products and services in France, Italy, rest of the European Union, rest of Europe, North America, Central and South America, Africa, the Middle East, the Asia Pacific, and Japan. It operates in five segments: Asset Gathering, Large Customers, Specialized Financial Services, French Retail Banking – LCL, and International Retail Banking. The company offers savings/retirement, death and disability/creditor/group, and property and casualty insurance products; asset management; investment solutions; banking products and services, savings, wealth management, payment, cash flow management, and online banking services; personal finance and mobility; and specialized financial services. It also provides investment banking, structured finance, international trade finance, commercial banking, capital market, and syndication services; leasing, factoring, and energy and territorial financing; and asset ...


PINL:CRARF - Post by User

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  • babubhattX
Post by babubhatton Aug 18, 2018 11:18pm
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Post# 28483157

The Lying Game – How Can We Ever Trust Our Bankers?!

The Lying Game – How Can We Ever Trust Our Bankers?!
Where have the days gone when we could have trusted our bank and bankers to safeguard our hard-earned savings with integrity, transparency, and professionalism? These days most of us find ourselves in a constant 24/7 sleepless worry as we stress out over anything from unjustified bank fees or penalties, funds mysteriously missing from our account, or the more prevalent these days, Ponzi schemes, account hackings, and identity theft. However, nothing instills more fear and distrust of banks and bankers into us than reading news about the massive fraud cases happening around the world. Fraud perpetrated by the likes of Bernard Madoff, Allen Stanford, Kazutsugi Nami, and many others, where billions in hard-earned wealth were completely wiped out with thousands of innocent lives destroyed and left helplessly destitute as a result. One only need to Google search "cheating bankers" or, “lying bankers” or, “bank fraud,” etc. on the internet to find hundreds (if not thousands) of articles on the subject. It's truly frightening!
 
Unfortunately for me, what began in 2005 as an exciting and potentially life-changing turning point in my life, instead turned into a long and horrible nightmare in 2010 after my entire account was virtually wiped out in the hands my former private bankers at Credit Agricole (Suisse) SA – Singapore. A lengthy, complicated, and hard-fought lawsuit subsequently ensued, which took place in Singapore from 2011 to 2016. However, we are still not quite done yet as we are awaiting our appeal of the defense lawyer’s exorbitantly high legal costs bill.
 
I have now reached the point where I am ready to move on with my life. But before any semblance of closure can be achieved, I felt I needed to share my harrowing experience with the worldwide public, to inform everyone of the clear and present danger in our midst, and to encourage everyone out there to be more vigilant and not to take it for granted that our banks and bankers are always acting in our best interest.


(cont.)  karmabelieverblog.blogspot.com
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