Aug 3 2019, 03:42 PM
QUOTE(mini_me @ Aug 3 2019, 02:27 AM)
Exposing the Sure Lose Investment / Scam OTM Capital / Trust- Sharing my Story
1)What is this?
I’ve made a foolish ‘investment’ - OTM Capital. OTM Trust & I’m exposing this so that others will not do the same.
https://www.otmtrust.com/
https://partner.otmcapital.com/
https://www.facebook.com/OtmCapital.Malaysia2u/
2)How much did I lose?
Input: RM 23K in Nov 2017
Output: RM 8K as of July 2018. No more successful withdrawal after that
Loss: RM 15K + A Friend
3)What did I gain?
A slap in my pride! A hole in a pocket!
4)Why did I invest in the first place?
Greed, Foolishness
Trusting wrong person: Dr T***** is my uni mate, who introduced me to this investment. Like all of u, I do believe that he is the mastermind / ringleader behind this.
5)What did this investment promise?
Invest RM23K = USD 5k (accd to their exchange rate).
5% return per month (ROI)
18 months lockdown period. Full return of capital by 18 months
5% withdrawal fees each time
6)How everything went wrong?
Nov 2017: Sign up with RM 23K ie USD 5K
Dec 2017- July2018: ROI as promised. No problem with withdrawal of ROI
Nov 2018: ROI given is the system. But unable to withdraw USD 1K = RM4K
Nov 2018 - Apr 2019: I asked Dr T**** several times rgd the fail withdrawal, but I wasn’t too pushy, so things were delayed
May 2019: Told to convert my ROI + Capital (~USD 6.5k) from OTM Capital to OTM Trust. Previous investment agreement/ promise became void. No alternative offered. It is compulsory to use the fund to trust units, then to trade it off, before being able to cashout.
Bought USD 6.5k worth of units at the price of USD 0.1228/ unit.
Tried reselling the unit back at same price of USD 0.1228/unit - fail
June 2019: The selling rate by the company has appreciated 0.1243/unit. Suggest by Dr T**** to resell the units at lower price USD 0.088/unit (30% loss) - Done, but fail
August 2019: Unable to sell the units even at 30% loss, was suggested by Dr T**** to resell the units at USD 0.04/unit (70% loss)- I told him bullshit!
I am ready to expose as I have nothing more to lose - so I am planning for more things.
Disclaimer: Though Dr T**** has suggested for me to get family & friend to join, I have never once done so.
The Investment & Honeymood Period
[attachmentid=10295264] [attachmentid=10295266]
The Troubled Water
[attachmentid=10295266]
OTM Trust that has no value and cannot be liquefied even by cashing by 30% below the recommended price
[attachmentid=10295267] [attachmentid=10295268]
The team of Investment Con Artist
[attachmentid=10295269] [attachmentid=10295270] [attachmentid=10295271]
Hello.. just want to add my experience with OTM. They have been around for more than 5 years that I know of.. which is unreasonably long if it is a pure scam...1)What is this?
I’ve made a foolish ‘investment’ - OTM Capital. OTM Trust & I’m exposing this so that others will not do the same.
https://www.otmtrust.com/
https://partner.otmcapital.com/
https://www.facebook.com/OtmCapital.Malaysia2u/
2)How much did I lose?
Input: RM 23K in Nov 2017
Output: RM 8K as of July 2018. No more successful withdrawal after that
Loss: RM 15K + A Friend
3)What did I gain?
A slap in my pride! A hole in a pocket!
4)Why did I invest in the first place?
Greed, Foolishness
Trusting wrong person: Dr T***** is my uni mate, who introduced me to this investment. Like all of u, I do believe that he is the mastermind / ringleader behind this.
5)What did this investment promise?
Invest RM23K = USD 5k (accd to their exchange rate).
5% return per month (ROI)
18 months lockdown period. Full return of capital by 18 months
5% withdrawal fees each time
6)How everything went wrong?
Nov 2017: Sign up with RM 23K ie USD 5K
Dec 2017- July2018: ROI as promised. No problem with withdrawal of ROI
Nov 2018: ROI given is the system. But unable to withdraw USD 1K = RM4K
Nov 2018 - Apr 2019: I asked Dr T**** several times rgd the fail withdrawal, but I wasn’t too pushy, so things were delayed
May 2019: Told to convert my ROI + Capital (~USD 6.5k) from OTM Capital to OTM Trust. Previous investment agreement/ promise became void. No alternative offered. It is compulsory to use the fund to trust units, then to trade it off, before being able to cashout.
Bought USD 6.5k worth of units at the price of USD 0.1228/ unit.
Tried reselling the unit back at same price of USD 0.1228/unit - fail
June 2019: The selling rate by the company has appreciated 0.1243/unit. Suggest by Dr T**** to resell the units at lower price USD 0.088/unit (30% loss) - Done, but fail
August 2019: Unable to sell the units even at 30% loss, was suggested by Dr T**** to resell the units at USD 0.04/unit (70% loss)- I told him bullshit!
I am ready to expose as I have nothing more to lose - so I am planning for more things.
Disclaimer: Though Dr T**** has suggested for me to get family & friend to join, I have never once done so.
The Investment & Honeymood Period
[attachmentid=10295264] [attachmentid=10295266]
The Troubled Water
[attachmentid=10295266]
OTM Trust that has no value and cannot be liquefied even by cashing by 30% below the recommended price
[attachmentid=10295267] [attachmentid=10295268]
The team of Investment Con Artist
[attachmentid=10295269] [attachmentid=10295270] [attachmentid=10295271]
I was an early investor also put in around USD10,000 (yes I know haha)
In the beginning since the company is doing well, the units was sold quite fast (see attached), but lately company doing transition and different models so even though unit price increase but the number of people buying and selling units not as much as before. So the units can still be sold but the price might not be good.
My agent recommended I sell at lower since I want to use money urgently, so I sold at a low price and it was successful!
So I think in terms of any investment, even unit trust or traditional investments, have to take risk into account. There is no fast money = low risk + high return. Maybe high return, then wait longer lor...
I think if you wait a bit longer then the units would be sold successfully
Anyway, just my experience la.. DON'T SHOOT ME
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Now I still have some units left so my agent ask me to wait first, no rush to sell.. see how lor in next few months
.. but I thought medical license kena buang only for medical reasons no meh.. DT sure will say this one is outside his work one.. investment bukan under Medical Board .. impossible u work car engineer u invest this or become agent of this investment anything I make report police then u cannot have license to do car engineering anymore it’s not logic and doesn’t make sense .. 
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