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 OTM Capital scam or not?, Opinion?

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TSVaderPeep
post Dec 17 2017, 02:38 PM, updated 8y ago

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Hi, I just got introduced to an investment scheme OTM Capital. They were claiming a 100% return guarantee depending on the initial investment.

https://imgur.com/a/YJ4A9

Upon a deeper research, I've noticed there's a warning being issued by Danish Financial Supervisory Authority and apparently, the address written on their website otmcapital.com was fake.

https://finanstilsynet.dk/en/Tilsyn/Advarsl...ed/Advarsel-OTM

I was about to join in but at this point, it raised a huge red flag for me. Not to mention, when asked how did they manage to make all these profits for distribution... I got the answer it was from a hotel booking site that I never heard before, and wasn't even functioning properly.

otmhotels.com

Anyone who is an investor now can share the experience? I might be wrong.




TSVaderPeep
post Mar 9 2018, 05:40 PM

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QUOTE(InvestorGuy @ Jan 30 2018, 10:54 PM)
kindly refer to the following link:

http://www.military-technologies.net/2018/...-since-2016-q4/
The information that you have gotten is totally misleading.
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Anyway just realized OTM Capital was listed as scam alert in this post: https://forum.lowyat.net/topic/3774126

the link you provided is a press release website which anyone can submit an article for USD9.90. That's just bad PR
TSVaderPeep
post Jun 11 2018, 02:12 PM

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QUOTE(Xithyl @ Jun 8 2018, 12:01 AM)
not only that... see what i found. looks like someone actually do report to Securities Commission of Malaysia

https://www.sc.com.my/list-of-unauthorised-...-individuals/#o
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Wow... looks like they are not going to last very long

 

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