Got mention tfxi or Triumphfx name?

Then why not directly name it?
Why dare not publicly name it if it was a confirmed scam??
Protect the scammers?
Not enough evidence?
Without directly naming it, how to expect the police to start anything?
Without naming the platform, the existing scammers will lives on to scam again.

Afraid of What lawsuit if it is a confirmed scam?
Unless there is no real evidence of support actions to be taken in accordance to all those penal codes 420, 409, etc etc mentioned in the press conference.

This post has been edited by MUM: Feb 24 2025, 11:29 PM

Many influences or celebrities had also been promoting forex trading too.
So are those promoting forex investing in forex investment expos.

I think they can promotes as long as they did not lie or to deceives or gives out promises that cannot be fulfilled or withhold info or provides half truth info or coerce investor to join.

If scared of defamation suits, that means don't hv enough strong evidence, then, bye bye all the effort spend on going to the press conference calling the police to take action against them using those many mentioned penal codes.
.....unless it is just another actions to help promotes MHO and perhaps helps TRXI / ZCD promoters with some new materials to enticed new people or pacify their existing downlines by saying, ..."See, we are not a scam, even after the MHO press conference, there is no evidence of scam for the police to take action against us, your money is just temporarily locked until 2026. Not outright "gone" ". Ha ha ha

This post has been edited by MUM: Feb 25 2025, 05:36 AM

Alive? YES., as it has not gone 404.
Active? NO, just temporarily stopped all activities due to locked asset till 2026.

The platform that holds their accounts

Technically and legally, NO, not yet as they announced it openly as "locked" to help stabilise the price and protect the value of investors assets
If it released the accounts, many sellers will crash the price causing devaluation of investors assets.
Ha ha ha.
But all already know excepts them believers

How much is needed to pay in advance in order to qualify to join the group that will seek to get the "scammed" money back?
How to make them refund the money?
Wondering who is going to do the refund payment?
Whom of these entities will fork out the money? Triumphfx, the broker, the FM, the MIB, the uplines or the fairies or the still at large mysterious figures?
Wondering what the pay out ratio too?
Every 1 usdt in the account before Dec22, get back 0.01 cent?

Waiting for more info from those that will be attending the Google meeting.

This post has been edited by MUM: Mar 9 2025, 06:51 PM

MHO just came out with this video message in FB.
https://www.facebook.com/share/v/1A4bqTFzvh/

Telling hv to go to Seychelles if want to do civil case against the company.
And then continued to say, Tfxi Seychelles is no more, no more assets in there.
Thus even if "can win" and "did win" the civil suit, the court can only do a judgement summary, as no assets to distribute back to investors.

Perhaps now wanting to do "local" "do it here" method?

Xxxxxxxxxx
Wow, that is 1 quick way to lose more money.

Bukit Aman warns scam victims to be wary of ‘debt collector’ NGOs, high fees no guarantee for recovered money
https://www.malaymail.com/amp/news/malaysia...ed-money/114756

Xxxxxxxxx
Even IF, can recovers money from investment scam operators, ...
Money can be forfeited from the victims instead of returning it.
Ha ha ha .

https://www.thestar.com.my/news/nation/2024...cheme-investors








Attached thumbnail(s)

Another story from victim of Tfxi just came out in Thestar

Very common trait or story line.

"He was an accountant who managed his finances wisely, rarely splurging unnecessarily.

So due to his cautious nature, he was sceptical when a friend told him in 2022 about an investment scheme that not only paid out unusual returns but allowed flexible withdrawal of funds,
The accountant, identified only as Lim, was not convinced even after he carried out some research and found out about its consistently good payouts.

But Lim, 58, caved in after a chat with a relative who swore she had been receiving monthly returns of between 5% and 7% each month over the past seven years.
.........
Dreams dashed in crypto ‘rug pull’
https://www.thestar.com.my/news/nation/2025...crypto-rug-pull

Transaction among members does not meant that elements of cheating or fraud had occurred while doing those transactions.
If by just refering to the available of transaction records as a mean of prosecutions of fraud, then, i believes, there would hv already tens of thousands of of scammers being jailed for it.

Every weeks can see news reports of people being scammed in investment scams

This post has been edited by MUM: Mar 10 2025, 07:24 AM

Read post 7362.

Without strong evidence of any element of deceits,. ( cheating/ fraud/ making promises without fulfiling it, etc etc) that makes you hand away your money..nothing stick in penal code section 420

https://themalaysianreserve.com/2022/03/22/...google_vignette

This Quinpay is a product from a business registered with SSM, has local operating address.
TRIUMPHFX is not registered, does not hv a local business address, and had already been warned by both SC and BNM.

You think you can get back your money?

Even if there are assets seized by the police, the court can still forfeit the assets instead of giving it back to the victims
Read this court judgement
https://www.thestar.com.my/news/nation/2024...cheme-investors

This post has been edited by MUM: Mar 10 2025, 01:20 PM


Attached thumbnail(s)

You are right to Hahaha.

Really funny idea. Hopefully there will be believers paying some money for this comedy charades.

Enjoy the show

Pay money and more money for them to want to do their hunt.
After hunting, pay more and more money to hv a court date.
After that, pay more and more for them to do the legal proceedings.
After that day more and more only to see no worthy results.
Ha ha

Yar lor spend money go buy iPhone better.

They ( your mentioned loyar) Already said not civil, not criminal.
Go mediation route, ...ha ha ha, if the scammers don't want to bother, ...how? Since already said, no civil, no criminal.
Ha ha
Call in loan shark to harass??

5th Mar already reported in the press.

"Five individuals, believed to be mule account owners, have been arrested in connection with the Commercial Crime Investigation Department's probe into the TriumphFX foreign exchange investment scam.

Bukit Aman CCID director Datuk Seri Ramli Mohamed Yoosuf said the five, who are in their 30s, were arrested late last year and earlier this year.

"Our team of investigators are currently tracking down the mastermind behind this syndicate," he told reporters today."

"There shouldn't be any issue raised that the police are not investigating this syndicate. On our end, the investigation paper is being completed and action has been taken," he told reporters today.

He said that to date, the police have received 80 reports involving losses of RM24,813,086.47.

https://www.google.com/amp/s/www.nst.com.my...ment-scam-probe

This post has been edited by MUM: Mar 12 2025, 01:24 PM

Then this story line of, ...

"I met many people who “invested” say “i already got my money/investment back so it is OK” ....

Does not seem "OK" lor

Yar lor, can earn money while doing the "trying". Why not as long as there are people paying for those "try".