QUOTE(Poksilap @ Apr 16 2022, 08:43 PM)
OK. My follow-up question: If these "leaders" who set up companies (or whatever legal entity it registered as) are actually just clueless victims and not part of the scammers, could they still be legally be held responsible and thrown into jail once the whole thing collapse? After all, they put up their name on it. Just take the example of "Goldenaire" that you just shared, once Triumphfx collapses, could the owners and employees of this "Goldenaire" be arrested and charged even if they themselves are true believers and never aware that it is a scam?
Hi Poksilap,
After TriumphFX directors were jailed in Singapore in 2018, they learned to keep everything offshore. There will be no local companies, thus it is out of Malaysia jurisdiction. In short, Malaysia authorities are not able to do anything if there is no solid evidences. For examples, where did victims sent their money, who are the receivers, proof of payment to a local firm or local individual.
The owners or employees of Goldenaires will definitely pretend themselves as the victims as well since they are only a marketing firm who get paid by commission. TriumphFX offshore is still the one collecting the fund. However, we learned that their leaders/investors allow to do 3rd party transfer which non of the legit brokers able to do that. This is illegal.
End of the day, victims responsible for their own foreign investment that is out of Malaysia jurisdiction. The only way Malaysia authorities will take action if there are many victims filed cases with proof of payments. After all, Malaysia is scams heaven.