If that is the case, I wonder why no people reported it quickly previously?
Tfxi was only listed by SC in 2020 and by BNM list in 2023 while tfxi had sold funds since 2013.

i wonder why no people report to authorities for scam investigation?

Perhaps those people realised the potential possible outcome which were posted in post 7119, page 356.

Most importantly I think there is no physical office for the authorities to start an investigation

last time all still making money ma, lose money liao baru make noise usually, greed haiz

Kena listed by SC in 2020, 2 yrs before investors started to lose money in Dec22.
Then I guess BNM knew about that DEC22 tokenisation issue and also list it in 2023 perhaps try to tell the investors to be alert and avoid going for the new CCT coins investment by TFXI

Legalized rug pull operation by forcefully convert investor USD to Token then create a scenario that reduce the value to 0.1% then walked away with all the U.

wished i have read this earlier,,i did not lose much less than rm900 but could have save my friends money....
now i m posting the other investment scam using legit company name Pantheon Ventures to scam local to download their app to invest on oversea share

Sorry for your friend lost, much research to do on checking a company and whether it and the apps downloaded is related. But if you want to opted for a saver one. Just go Moomoo, at least it's regulated in Malaysia. Still curious how TFXI scheme can survive, i wonder if we can check if there's even any new member.

Wow, their latest WEG coin launched on 1 AUG has 24 millions sold.
That is equivalent to about > 1 million sold per day on average

This post has been edited by MUM: Aug 20 2024, 11:19 AM


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such high demand, good hamster business.

24million imaginary coins..😂
Time to scam more water 🐟.

may be the figure has been adjusted?

I think most probably the company will not do that as the investors had been getting what the company had displayed....like the weekly PS data had shown.

Maybe they may adjust it behind the screen but I believes not after they had it displayed.

For that sales of WEG, I think .....
.....the investors would like to buy WEG CCT coins so that they can have immediate paper gain of 150% of ALL their TFX holdings.
Current TFX price is 0.01
After ALL that 30 millions of WEG coins are fully sold out, those would had bought WEG can have ALL their TFX coins transformed into ZCD coins.
Each ZCD coin is now price at 0.16. That is 150% paper gain.
AND
......the company would also like to see ALL that 30 millions of WEG coins sold out bcos only then the company can lock ALL the TFX that the investors had that transformed into ZCD coins for at least 12 months

Thus both investors and the company would really liked to see that 30 millions of WEG sold out

This post has been edited by MUM: Aug 20 2024, 04:26 PM


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I've recently joined a investment group 2 months ago, the group is similar to the one mentioned below:

First, you will be invited to an investment group, a teacher and an assistant will approach you to give free lessons. They will share some stock trading tips which would make you gain profit if you followed. They will also register you to join the 1 hour online trading class every Sunday to Monday for free.

The members of the whatsapp group are very active, they will share their daily life photos and do a lot of discussions of trading. Their profile pictures are visible and some are not, just like normal whatsapp group. Some group members will pm you personally to make friends with you, they will act like they are newbie and they have bad experiences in stock trading, they also scare to be scammed, comforting you that you're not the only new guy. They will even form a small group and invite you in, to protect each other.


I am cautious and thinking that I might be involved in a scam group. They are using a reputable institutional fund as their name but i believe they are not the actual person running the reputable fund. What do you all think?

Try read this while you wait for other responses by some other forummers

https://www.rhbgroup.com/others/fraud-aware...scam/index.html

This post has been edited by MUM: Aug 20 2024, 06:31 PM

You could read the article below.

https://timesofindia.indiatimes.com/busines...w/109168659.cms

Can invite me join so i can spy them c which stocks they suggest

I am not sure if they have license to trade, they could have impersonate a financial expert/ institutional fund and operate in whatsapp group. They even asked people to download an app and deposit funds inside to trade, doing buy calls for stocks, IPO subscription etc.

One of the members even mentioned that they had video call with CEO. the daily night classes was taught by CEO.

My thought is that which CEO is so free to do all these?

I am thinking they are waiting for people to enter more and more funds until a point that its fat enough. They will then exit.

Downloads any "Apps" is already consider a flag, and if the Apps is through APK or any link then can it will be directly a Red Flag.
These CEOs doing this as a living sure they have their time to nourish members.

Do take note that one person can also be the CEO, the Leader, and the Members of the group. You can tell almost immediately when your number got invited to random whatsapp group and you see people started to ask "How to earn money?" , "I'm interested" , "how?" then they said they receive the money and post picture. These are most likely the same person or same group with the scammer, they need to mix into the audience to get feedback and how to improve their next scam.

This post has been edited by Lon3Rang3r00: Aug 21 2024, 02:40 PM

what's the latest update on this? my upline ask me to transfer all the points to her account. I don't quite get what she's saying