Goodness. MAS (Monetary Authority of Singapore) have replied that neither JNM Capital Holdings Pte Ltd or Aleph Trading Group Pte Ltd are both not licensed by or registered with MAS to provide financial Services in Singapore. This is a big no no even for paper securities. Which needs to be license.
Both Aleph Trading Group Pte Ltd and JNM Capital Holdings Pte Ltd is also both deemed by MAS as fraudulent for operating fraudulent and deceptive business here in Singapore.
Even if James & Maria do have license to operate as so call “financiers” in Chile. It doesn’t mean that they can do the same here as they still need a separate license to operate here.
Sources call this a “schoolboy error”