Anyone has invested to I-Serve online mall or anything to I-serve branding kind of investment?

Not sure this I-serve is to the I-serve that provide "online solution" to Air asia, simm card solution...
https://i-serve.com.my/

As to the news today.
BNM, SC, Police and other regulators has raid their operation....and seized RM 118 Million.
https://www.thestar.com.my/business/busines...mall-affiliates
https://www.bharian.com.my/berita/nasional/...sita-rm118-juta


If investors need to invest and doubt whether they are legitimate.
Just ask to SC and don't simply trust any company said they are regulated by SC.
Even they are not in the alert list don't not mean they are legitimate...
https://www.sc.com.my/investor-empowerment/...ated-complaints

Or alternatively, you may contact BNM
https://www.bnm.gov.my/contact-us

Forgot to mention.
I was approached by someone to the investment scheme.

That time i could not fork out the money as i have other commitment.
I were doubt also that time whether they can really pay 2-3 % monthly return (Note: compare to yearly FD rates in bank)
may be i am lucky now....

Usually, the big potato in the company would not be die and they can "settle" as you can see what happen to the Nicky gang....
But those acting agent or intermediaries would be impacted....
more and more victims would be turned up in next few months when they can't get back the "promise" of monthly return.

These brainless acting agents were the one keep hardsell promoting it to their clients, closed friend, immediate families and relative
this is why when thing burst, the whole kampung people will die first.
This is how the MLM ponzi game work.... story repeat and repeat

This post has been edited by Shining star: Nov 17 2021, 12:14 PM

i'm also curious to know if this is the https://i-serve.com.my/ they're talking about.

I think they are legitimate
Main business should be money lending

Are you sure?
If not regulators (SC, BNM, Police and etc) would not be so high profiles to visit them...and seized 118 Million.
The key is these 118 Million will be go to govn pocket.... very likely not return to victims

I think the "mobile solution" may be legitimate on that point of time.
But the collecting money and fund from public and money lending without approval is not legitimate...

When thing burst as of now.
I don't think Air asia will continue the service/contract due to trust and compliance measure.

Frozen fund until proven innocent.
Not seized.

This kind of p2p lending is very popular in china last time. Same scheme. High payout because basically investors are putting money for big ear hole. They have ewallet licence so they can collect money legally.

I think those airasia, ewallet, mobile are all as front only.

The star and berita harian has mentioned the name already ma.....

But under the I-serve group, many related companies...
I heard Trillion Gove also one of them as few years information back. when i was hard sell the investment scheme...


Just like MBI online mall....they have many related companies even with property development.
Now? you can see what happened to MBI...

Haha... i like your word "big ear hole"..

Okay, may be not "seize" but raid....
ANd usually, big fish and big potato didn't die.... only investors die.......

But i a bit confused when i read the news...
These company charged not by the ewallet, but charged and suspected under AMLT activities, collecting fund from public without approval.
I am not financial expect and lawyer in technical criminal term. I guess the fund collected not through "e" or "e-wallet" but other means.


I wonder the big boss why don't like Serbak Dinamik..issued press statement to defend, sue back buarsa saham or SSM as they are berhad/Sdn Bhd.
But i think they not dare to sue SC, BNM, Police ..... because simply they are not "Ip man", one can fight with 10 opponents.

"Die Chicken fight with the lid", this is to compose your previous word of " big ear hole".

The recruiter is your friend? or someone you know?

Because in order to increase the success chance and rate,, these brainless agents will start gorek from relative, close friend circle first.
Just like direct sales and MLM..

Because i don't believe a cool call or a stranger knock your door and promote this investment will get deal.

Really Cibai people to target and abuse the trust that people know you.

https://forum.lowyat.net/index.php?showtopic=5215870

related?

Yes... same case...

Trillion Cove

Hehe.

I found another picture to enlarge the ear hole. As someone may not able to get the joke..

Air Asia has made media annouchment to clear the doubt of public
regarding recent I-serve online mall or kiosk services

https://docs.publicnow.com/viewDoc?hash_pri...99F3F23364850FA

Ready to get surprise when you are big name in the industry and get quoted for projects/collaboration that they are not aware of with these people.

In reality it might just a yamcha session between company managers. Period.

This post has been edited by Chisinlouz: Nov 17 2021, 05:33 PM

isnt 2-3% kinda low and risk is higher than FD?

Per month
So x12 is 24%per year compounding

That why....
Anyway, AA also very responsive.
Already made press statement to cut the relationship or partnership....


In conjunction, the same agent that approached me to invest still never give up.
She keep telling even Mr. DIY bosses also invested their plan...
But didn't show the fact nor transaction from the Mr. DIY Boss. Keep telling SC has approached the scheme but still no supporting data.
I believe she just blow water to con people.

JUst a simple mathematic
Mr. DIY been listed to main board with market capitalization of RM 10 Billion.
The owner (two brother) sure hold majority public share. at least they are billionaire.
Do you think their bosses will invest ? if have money and time, they more focus to open more DIY store for self benefit.

If this I-serve so keng and powerful, why not made official proposal to Mr. DIY or those top ten listed company??
when during signing ceremony, they will gain more publicity.
Example: in case if these public listed company deposit RM 1 Billion, i-serve can turn RM 240 million for you in a year.
Why they don't do it?
Rather they spend the time to chase those individual investor though the agent network and chase the investment bit by bit??
Very illogical and inefficient.

The truth (i guess), all these listed companies has group of lawyer, accountant, consultant, auditors etc.
I serve can't logically break the discussion to convince them.....

SOS 1
SOS 2

You already got an answer. No need to doubt yourself. It's a she, i know it's hard; reject and block nia.