Comparing unit trust companies which did not perform well due to bad market conditions with scam Ponzi schemes is like highlighting a company's losses due to an unforseen debtor defaulting versus a Ponzi company who claims to have XX, XXX,XXX assets of landed property, machinery, receivables due etc. Have the hamsters even seen or understand a Unit trusts audited annual report? Will the hamsters demand to see an annual report? What's to prevent TFX from stating in which banks are the investors funds being held so that they can at least call those Banks about whether there's any daily limit withdrawal cap so that they can verify the basis of TFX using this reason to so called move the investors funds to Coins? As far as you can Google a bank account can be frozen on the basis of a) your bank suspects the account has been hacked b) suspicious activity in your bank account eg related to money laundering or terrorist financing c) ordered by a court when creditors go to court to recover their receivables. So basically there's no cap on a company being able to withdraw their funds from their Bank. Investors petitioning TFX regarding the method of withdrawal or Coin price maintenance Hahaha that's got to be the joke of the century. Many of the contributors to this thread have already stated the futility and utter ridiculousness of this action. So far TFX have just given a lame reply and continue to post videos of Risk mitigation, safe Forex trading as if that doesn't rub salt into the investors wounds.

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Yes you are right on this. Freezing your account is just the start of an investigation process. If you're actually convicted of money laundering - Different crimes under AMLATFA have different maximum penalties. The maximum penalty for a money laundering offense under section 4 of the AMLATFA is 15 years imprisonment and a fine of not less than five times the offense's value.17 Dec 2020. Members of the public are advised not to deal with or conduct any money changing or remittance transaction with illegal money services business operators and their agents.

Any person who conducts transactions with an illegal money services business operator does so at their own risk, and appropriate legal actions can be taken against them by the relevant authorities. Members of the public should conduct their transactions only with licensed money services business operators which are listed on BNM's website.

I'm not a hamster investor of TFX so I'm not sure how the deposits were 'remitted' but from reading Comments it seems like transfers involving 3rd party accounts were used. It's actually quite easy for government agencies to trace the money trail for example if funds were transferred to car repair or some other business entity without actual goods or services were performed then all those involved have to prove the legitimacy. In money laundering there is something called smurfing. A smurf is a colloquial term for a money launderer who seeks to evade scrutiny from government agencies by breaking up large transactions into a set of smaller transactions that are each below the reporting threshold. Smurfing is an illegal activity that can have serious consequences.

Current bank regulations require banks or other financial institutions to report cash transactions exceeding $10,000—or any others they deem suspicious—on a suspicious activity report (SAR)

So those so called leaders of Ponzi schemes will likely have large numbers of unexplainable transfer transactions. The issue is whether any hamsters are willing to lodge a report. This is another tactic used by scammers to hide in plain sight - cheh like Transformers Optimus Prime i. E. The embarrassment of hamsters being scammed as well as the illegality of the whole thing and the very very low chance of funds recovery. But if there's a report and serious investigations are conducted and Leaders in this Ponzi Scheme should be concerned.

Hmm I just go into Telegram and type Triumphmfx and can view this small group with around 170 members postings. One person did pose the question whether it's a scam but otherwise it's generally quiet. An interesting post on 19Jan2023 as follows :

Brief Summary of Recent Dialogue with an Experienced and Wise TFXi Leader.

1.TFXi continues to focus on the development of the TFXi ecosystem by generating REAL demand for the TFX coin rather than an emotional push for the TFX coin.

2. The allocation of Coin for settlement was confirmed to be random, rather than a "first come, first served" basis; this was part of the broker's response after listening to the feedback of general investors.

3. TEX 2.0 is expected to launch in Feb 2023 along with introducing new features that allow the Broker to generate more USDT income (Trading Commission, Margin Trade, and Spot Market) to facilitate higher withdrawal allowances for investors.

4. The Broker urges Investors to accept the 10m daily banking limitation as a FACT and work together to transform TFXi into a new business model with cryptocurrency TRX Coin to facilitate more and faster withdrawals.

5. 10m withdrawal limit is not Fixed Forever. In Actual Fact, the Coin Settlement/buyback amount increased from previous 10m to 10.4m to 10.7m.

6. Previous TFXi's business model relied heavily on FIAT banking limitations, the withdrawal issue will become more severe as the fund and its investors base grow. With the new business model on cryptocurrency TFX Coin, more fund managers participating will generate more demand, as investors and IBs will put in their funds to build their networks under the new fund, and supply is still limited to minted coins during profit sharing.

7. This is not the first time TFXi has experienced prolonged withdrawals; there were panic withdrawals in 2015 and 2017 as a result of the collapse of some of the Money Game, such as JJPTR and others. However, TFXi continues to exist and accepts withdrawals to this day. The withdrawal panic was manageable between 2015 and 2017 because the investor base was small. Over the past two years, TFXi has grown at an exponential rate. As a result, transformation is required for brokers and investors to continue to grow.

8. It is not a good idea to keep creating petitions and circulating them to the investor community because it will cause more problems and fear. It will not help to resolve the current situation; instead, it will slow the transition of TFXi's new business model.

9. Only old TOP 300 investors and accounts suspected of dumping will be temporarily frozen; NEW BUILDERS will not be affected.

10. According to observations, MIBs appear to be working together to introduce various approaches to generate demand in order to boost the market. For e.g. Takami MIB introduced Mining Algorithm Fund, Cloud MIB introduced Spring Summers and etc.

11. Many Chinese leaders still have faith in TFXi and want to return because TFXi never abandons them like other brokers when the Rajesh Fund and AMLA issues hit. Several China Big Teams have begun to recruit and register investors.

12. Champions Fund is ready to go and will serve as a STABLELISER as new Chinese investors arrive.

13. According to observations, many crypto players are beginning to enter TFXi as they recognise its future growth potential.

14. The current TFXi business transformation environment has presented an opportunity for Small FISH to become Whales..

What to say ah? Can conclude that hamsters can live with feelings of fear / disappointment / hope over and over again.

Hahaha no doubt their Telegram group cannot screenshot but we can still go in and view without even needing to Join that group. So in one of the groups there's a link to a new petition //www.petitions.net/consenttbuybacktfx#form - regarding separating the TEX coin process into:

Consent tick box during buyback transactions, allowing for automatic buyback with USDT to TFX at market rate. Those who choose to tick this option will receive priority allocation.

This mechanism has the potential to immediately improve market rates significantly and create a positive impact on the overall market sentiments.

We understand the legal barriers that prevent brokers from directly buying back with investors' funds. However, if investors are given the opportunity to provide their consent, the process would be legalized.
The mechanism can be there until TFXi arrive 0.8.

The allocation formula can be adjusted to best serve the market and promote positivity.

For example, with a total of 10 million USDT allocation, 6 million could be designated for actual withdrawal during coin settlement, and the remaining 4 million for priority allocation for automatic buyback at market rate.

Investors are eager to be part of the solution and to contribute to a more prosperous market. The time has come for public investors to have a meaningful impact on the Company's success. We are not only seeking to save the Company, but also to secure our own investments.

The market is currently experiencing low sentiments, and a positive boost is desperately needed.

By witnessing a rise in TFX price, confidence will be restored, and more builders will start to work & begin investing. This is the essence of pull marketing - to create an upward trend that attracts investors and drives growth.

In conclusion, we believe that this proposal will not only save the company, but also benefit all parties involved. It is time for public investors to take action and be part of this movement.

Thank you for your time and consideration.

On Behalf of The Concerned Introducing Brokers Team


2023 年 2 月 9 日

尊敬的TriumphFx经纪商：

我们恳请考虑我们的提案，在回购交易中包括一个同意权复选框，允许以市场价格将 USDT 自动回购为 TFX。选择此选项的人将获得优先分配权。

该机制有立即显著提高TFX市场价格的可能，并对整体市场情绪产生积极影响。

我们理解阻止经纪人直接用投资者资金回购的法律障碍。然而，如果投资者有机会提供同意权，该过程将会是合法的。

该机制可以在TFX到达0.8之前一直存在。

分配公式可以最好地服务于市场，促进积极性做相当的调整，

例如，总共1000万USDT的分配，600万可以指定在硬币结算时实际提取，其余400万优先分配，按市场价格自动回购。

投资者渴望成为解决方案的一部分，并为更繁荣的市场做出贡献。现在是公众投资者对公司的成功产生有意义的影响的时候了。我们不仅在寻求拯救公司的方案，也在寻求保护自己的投资。

目前，市场正经历着低迷的情绪，亟需积极的提振。

通过见证TFX价格的上涨，信心将得到恢复，更多代理建设者 （IB）将开始工作并开始投资。这就是拉动式营销的本质--创造一个吸引投资者和推动增长的上升趋势。

总之，我们相信这个提案不仅可以拯救公司，而且能使所有相关方受益。是时候让公众投资者采取行动，并成为这相应运动的一部分的时候了。

谢谢您的时间和考虑。

对市场关注的介绍经纪团队敬上。


The Concerned Introducing Broker Team Contact the author of the petition

Hahaha I thought since the Hamsters are so hardy that they can stand their funds unable to withdraw for months already and still hoping for the Coin price to go up I salute them by a Queen tribute - We will rock you :

🐇, you're a boy, make a big noise
Playing in the investment game, gonna be a big retiree someday

You got stuck in the coin, you big douche bag

Switching your bucks for coins to lock you in, singin'
We will, we will block you
We will, we will scam you

Buddy, you're a naive man, fool man
Shouting in the street, gonna buy the world someday
You got blood on your hands, you big disgrace
Waving your IB all over the place
We will, we will block you, sing it!

Yes, if this is the way it was operated authorities should investigate. Illegal deposit taking / money laundering. Those who took the deposits and don't have a legitimate business transaction to back it up are guilty except those cash transactions are hard to prove. The investors are really greedy / stupid because even JPJ / Government hospital etc have already switched to NIL Cash transactions to close these avenues for corruption.

Haha this warning is in the website of a Roboforex com -

Recently, certain persons in Malaysia were identified as impersonators of RoboForex Ltd. The scammers use our logo and brand name, while guaranteeing a 100% return on investment. Please, be aware that RoboForex is in no way associated with these scammers. Before committing to any transactions, always check that you're on our website:
http s://roboforex com

RoboForex employees will never guarantee you income, ask you to deposit funds, enter transactions or communicate via channels that are not stated on the official website.

Stay safe!

Malaysians oh Malaysia

I can't post links but you can Google for this news article today in The Star with the title 'man in SG linked to phishing scams involving OCBC customers admits to role in money laundering'

It describes how persons involved in letting their bank accounts being used to receive and transfer out funds have been charged under the Singapore Organised Crime Act.

For Malaysia those involved with receiving depositors funds and remitting the funds to the Ponzee company could be committing offences under Money Laundering Act.

Gentlemen some interesting news but no mention of the name of the company. This news is in Sinar Harian today :

UK national mastermind investment scammer.

KUALA LUMPUR - The Malaysian Anti-Corruption Commission (MACC) uncovered an investment fraud syndicate masterminded by citizens of the United Kingdom (UK) in raids around the capital and Penang on Tuesday.

MACC Chief Commissioner Tan Sri Azam Baki said that Op Tropicana was carried out in collaboration with the Malaysian Immigration Department (JIM), the Malaysian Communications and Multimedia Commission, Cyber ​​Security Malaysia, Telekom Malaysia, the Malaysian Companies Commission, Tenaga Nasional Berhad and the Inland Revenue Board.


According to Azam, 24 raids have been carried out including three call centers or 'boiler rooms', companies and the homes of syndicate members.

"The raid was carried out with the intelligence method 'imlntelligence base investigation', financial investigation, covert operative, undercover and several investigation methods were used.

Advertising

......... So forth

Hahaha they've been called Hamsters but I guess they can't or don't want to acknowledge it but something Hotter and current might make them feel not so foolish and feel heroic even - Squid Gamers 😜🤣. Yes to participate in the once in a lifetime opportunity to have big houses and holiday lifestyle let's participate in this Ponziees scheme. Join early and don't give a damn about the latecomers, already have withdrawal issues for 4 months also promote it via Champion fund, USD300 price prop up campaign, Price Firewall etc haha the Ponziees Master just need to post on Facebook & Instagram and ignore accusations of misappropriation and let the Hamsters / Gamers do the fire fighting 😜🤣😂. Yes our Bolih land Hamsters / Gamers should have our version - Sotong Game and Don, Song, APEK, Subang Famous Doctor etc and Top IBs can star in the series with guests from the tens of thousands of amateur Gamers haha 🌟®️😉😂

In case you haven't a clue what Squid Game is :

Squid Game (Korean: 오징어 게임; RR: Ojing-eo Geim) is a South Korean survival drama television series created by Hwang Dong-hyuk for Netflix. Its cast includes Lee Jung-jae, Park Hae-soo, Wi Ha-joon, HoYeon Jung, O Yeong-su, Heo Sung-tae, Anupam Tripathi, and Kim Joo-ryoung.

The series revolves around a secret contest where 456 players, all of whom are in deep financial hardship, risk their lives to play a series of deadly children's games for the chance to win a ₩45.6 billion (US$35 million, €33 million, or £29 million as of broadcast) prize. The title of the series draws from a similarly named Korean children's game. Hwang had conceived of the idea based on his own economic struggles early in life, as well as the class disparity in South Korea and capitalism. Though he had initially written it in 2009, he was unable to find a production company to fund the idea until Netflix took an interest around 2019 as part of their drive to expand their foreign programming offerings.

Squid Game was released worldwide on September 17, 2021, to critical acclaim and international attention. It is Netflix's most-watched series, becoming the top-viewed program in 94 countries and attracting more than 142 million member households and amassing 1.65 billion viewing hours during its first four weeks from launch, surpassing Bridgerton for the title of most watched show. The series has also received numerous accolades, including the Golden Globe Award for Best Supporting Actor – Series, Miniseries or Television Film for O Yeong-su and the Screen Actors Guild Award for Outstanding Performance by a Male Actor in a Drama Series and Outstanding Performance by a Female Actor in a Drama Series for Lee Jung-jae and HoYeon Jung, respectively, with all three making history as the first Korean actors to win in those categories. The first series received fourteen Primetime Emmy Award nominations, including for Best Drama, making it the first non-English language work to be nominated in this category; Jung-jae won the Outstanding Lead Actor in a Drama series, making the first time an Asian actor had won this award for a non-English work.

In June 2022, the series was renewed for a second season, which is slated to be broadcast by late 2023 or early 2024. Netflix is also developing a reality competition program based on Squid Game, featuring 456 players competing for a large cash prize.

You're right as we have been saying all this time. Any interaction with them on Facebook and Instagram is usually met with zombie brain replies eg you're not an investor no right to comment, we're spreading FUD and Ponziees Masters are laughing that their victims are defending their own torturers, still so many Hamsters pointing out the shortfalls of the Coin auction system and appealing to Ponziees Masters to make corrections to the balloting system. Hopeless la, can you imagine thousands of hamsters still don't understand that their USD should not have been converted to Coins in the first place - repeat a lie enough times and it became the truth for more 'Efficient' withdrawal LOL 😝. Then there's the secondary scammers coming in to offer recovery services - if have to pay a fee upfront means another Scam lo

Meanwhile at least Scam syndicate is being taken action on :

An investment and cryptocurrency scam syndicate was smashed following a raid by graft-busters at its hub of operations in an office building along Jalan Raja Chulan here.

The Malaysian Anti-Corruption Commission (MACC) Anti-Money Laundering (AML) task force conducted the raid at about 12.15pm Tuesday (Feb 28) following the success of Ops Tropicana last week, which was led by MACC deputy commissioner Datuk Mohamad Zamri Zainul Abidin.

http s://www.thestar.com.my/news/nation/2023/02/28/macc-busts-scam-syndicate-with-raid-on-kl-operations-hub

May I know if famous doctor in Subang is one of them - Don, Song & Apek?

Nice summary. Apparently the hamsters don't understand the saying repeat a lie till it becomes the truth because - they are repeating it themselves to fight FUD 😂🙄🤣

I feel you Bro. I also engaged some of the hamsters but they're really like brainwashed cultists who will either reply angrily according to what the IBs fooled them or some don't reply at all. They can believe and quote everyone don't sell below 1.00 then it will rise. Might as say don't sell below 2.00 then everyone double their money straight away, they're really too lazy to think and because of this they deserve their money to be 💸💸💸💸

The standards are really dropping fast Hahaha 🤣, of course the standards to begin with are 🙅🧠 eg JAN 2023 Petition to increase the price, Anti FUD Comments on their Facebook & Instagram, then Price Stabilisation Anti-whale 🐳 action USD300, Champion Fund, TEX 2.0 🤖. Next is SOHAI 3.0 🤡

Thanks for highlighting this Telegram channel. My goodness, it reminds me of rats on a sinking ship trying to save themselves from drowning. 😱

Yes Gashout. Imagine a Bank Manager tells Head Office.... Uhhh I didn't report the loss because we still have 5 percent balance. When we're down to 1 percent then we'll press the Alarm button 🤣. But Hamsters Saviours Telegram groups want to block us because at 0.06 Coin price they're still afraid of our 'FUD' when Hamsters should be questioning their Uplines and reporting them LOL.