https://www.malaysiakini.com/news/683483

"Investors seek legal action against businessperson"

A total of 15 individuals are suing businessperson Goh Hwan Hua and four companies over alleged failure to pay monthly redemption value sums from the plaintiffs’ invested amount of over RM8 million.

However, Goh and the four companies have a pending application to strike out the individuals’ writ of summons on grounds that it is purportedly scandalous, frivolous, vexatious, and an abuse of court process...

I-Serve is just another JJPTR

Eh, I think should also sue the agent whom brought them into I Serve.
Because Allan goh can said didn't know them and have direct integration.

Nope.

Similar for the Ponzi scheme.

But I serve impact is bigger and collected more fund.
If not how they could settle the penalty? As BNM fined them RM 50 mil in last Sept.

Sorry wrong thread

This post has been edited by cablesguy: Oct 20 2023, 10:40 AM

Dont forget last time MBI, you need to pay Usd 10k minimum to enter

Chinese main stream paper also reported this case.
https://www.enanyang.my/%E8%A6%81%E9%97%BB/...%84%95%E5%8D%8E
Do take note what Allan statement (Pending app pending application to strike out )
the individuals’ writ of summons on grounds that it is purportedly scandalous, frivolous, vexatious, and an abuse of the court process.

In layman term, it mean he didn't have any contractual binding / obligation with these 15 individuals.
Because the fact that the contracts were signed between the agents and each individual. It seem that have preplan an exit plan.....

I a bit curios apart the respondants of I-Serve Online Mall私人有限公司（ISOM）、Bright Moon Venture PLT（BMV）、QA Smart Partnership PLT（QAS）和Trillion Cove Holdings Berhad（TCH.

How about ANTS ? i think some victims were capped by them.
http://ants.com.my/
May be next few days, when more victims lodge police report, we would see more news....

Join hands to discuss with all investors/victims (of Alan Goh's schemes TCH, i-Server, i Serve Mall, MYAirlines etc. and strategize and take action to try to get the money back.. join over whatsapp group..

Ideally only investors or their relatives, not other people.. https://chat.whatsapp.com/Gihb8YCaeaaLSJqAMfOc4W

https://www.malaymail.com/news/malaysia/202...ing-probe/97858

Allan goh extended reman ended today Monday.
But another man in his 40 stayed in Bangsar been lokap by Police... more and more related people would be lokap....

KUALA LUMPUR, Oct 23 — A Malaysian man in his 40s has been arrested in relation to ongoing investigations against low-cost carrier MYAirline co-founder Datuk Allan Goh Hwan Hua and his family who are suspected of involvement in money laundering offences.

Bukit Aman Commercial Crimes Investigation Department director Datuk Seri Ramli Mohamed Yoosuf said the latest arrest was made at the suspect’s home in Bangsar here earlier this morning.

“The suspect will be taken to the centralised Jinjang lock-up to be remanded.

“Investigations are ongoing pertaining to the review of important documents related to i-Serve’s business transactions,” he said in a statement to the media.

i-Serve or its full name, i-Serve Online Mall Sdn Bhd, is an e-commerce company where Goh is a shareholder.

Bank Negara Malaysia had fined i-Serve and six other companies affiliated with it RM50 million in October last year for illegal deposit-taking and money laundering.

Goh, his 55-year-old wife and 26-year-old son were arrested at their home in Shah Alam, Selangor on October 17 for investigations under the Anti-Money Laundering, Anti-Terrorism Financing, and Proceeds of Unlawful Activities Act 2001.

Police obtained a four-day remand order against them on October 18 but Goh’s wife and son were released last Saturday.

Ramli said Goh will be released on police bail as his remand ends today.

The senior policeman also gave an update on investigations, saying several assets have been seized; among them 12 vehicles from two suspects, six luxury watches, eight luxury handbags, two laptops, a CPU and 10 pieces of jewellery.

Police began investigating MYAirlines after it abruptly announced a suspension of operations at 5.30am on October 12, citing financial problems.

The sudden move stranded thousands of passengers on domestic and regional flights.

On October 16, the budget carrier said refunds to passengers could reach up to an estimated RM22 million, adding that it could only begin reimbursement after it secures new investors.

https://www.thestar.com.my/news/nation/2023...-investigations

CCID Bukit Aman has urge victims and investors go to lodge police report in the nearest police station.
Bring all the transations records, discussion with agent that lure you into the investment. Contracts and etc.
For those preference share holder, you should have your name in SSM. If not... Then is an issue.

The earlier you lodge the report, you have some hope to recover the investment.

padan muka scam company go do airline for money laundering in the end trigger the government

67 Investors in i-Serve 'Money Game' file police reports alleging losses of RM81.6 mil

https://www.scoop.my/news/investors-in-i-se...-of-rm81-6-mil/

It been soared to 73 reports already....
Expecting more and more to come.

https://www.msn.com/en-my/news/national/rep...a186ece3a&ei=15

At the same time.. The mentioned woman suspect worked in an insurance company
https://www.nst.com.my/news/crime-courts/20...erve-investment

We had analyzed before, those heartless "agents" to lure victims into the scam were mainly from Insurance, banker, property agent and etc.
They knew how wealthier of the target, this was the main reason why Iserve offered them and paid them high commission.
Now is the time these agents to be jailed and penalized. This world has Karma.

Conspiracy articles now spread by i-serve agents via their whatsapp group

https://www.husseinhamid.com/post/the-iserv...a-fact-fiction1

reminds me of genneva gold, last time they have fb group saying gov hidden hand try to steal chinese business.

all agents now living in denial. i-serve profit margin is so good, it even beats warren buffet profit margin. allan goh is better than warren. epf should all in and all malaysian can retire.

Sharing another ponzi/ money laundering scam where they still have over 20 mil usd with them in tron wallets and cexes.

Money game ia huge. Each person put 100k, only need 1000 victims to get fished to get 100 mil. This one surely has more than 20k victims, that would put the scam above 2 bil. Commission system lure many people. Make them work hard to scam more people.



This post has been edited by gashout: Nov 12 2023, 03:12 AM

https://www.nst.com.my/amp/news/crime-court...ports-involving

today news, 115 victims have lodged report for the lost of RM 118 mil.

https://www.malaysiakini.com/news/689930

MYAirline founder fails to strike out 15 investors’ lawsuit

what happen to this case now?

https://www.nst.com.my/business/corporate/2...-pull-plug-cash

I wondering whether such investor really exist?
Or just a way to keep drag action debtors, water firsh investors that they have good news and revamp back

But you sure investor to pump in RM 50 million just to clear your debt? Then why not set up another new airlines?

Your name already busuk, no more brand value.

I bet next few months occasionally they will release some good news that some potential investor from India, China, US, Europe etc....