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.

LOL. ktard mostly pandai. wont fall to such pity scam

Fortunately that time hv commitments

If not, today I am the victim.

So even your close friend, relative hard sell to you. Just reject if not you are the victim

buy the dip

last time my company use it,
but long time already cancel the use...
but until now still got email keep pestering & promo...

Oh.... I reject all sort of sale. I get what i need. Basically hard to do my biz. So there is no clash of interest at all among people i personally known of which involves money.

May be your case is different as they knew your character No one kacau you.

But most of the agents will start from their friend and relative circle etc. so they bombared the misleading/ misrepresented information and convince victim to trust them and invest, which the tragedy started.

So hv to be cruel to reject all agent (even they are your relative or friend) if you not comfortable with the scheme.

Cruel to them or to yourself. Some people got to accept the hard way as they chooses it.

Being cruel sometimes is not that bad.

This post has been edited by Chisinlouz: Nov 17 2021, 10:49 PM

Lol Maybank earn billions every Q Cant pay thst much You Expect this bangang company to pay 24% per annum? Hahaha

Don’t know who might be the I serve brainless agent or it’s affiliated to report this post to lowyat as spam.

What wrong that I forward the news that regulators had raid I-serve online mall?

This post was reported
Report ID 475455
Reported on Yesterday, 11:27 PM
Type Spam

so did any 1 died?

thx to lamp berger teach me a lesson...guess i am inmune liao to all

the big boss all dem shy one. cant even find that fella Allan Goh Hwan Hua pic, Allan Goh Teong Huat got lah





why both fella got same front name?

TrollneT boss, both fella memang same name or what?

Diff person yo. GHH is the right fella.

edited

This post has been edited by JimbeamofNRT: Nov 18 2021, 09:33 AM

and then this Goh Teong Huat ?

https://www.bharian.com.my/bhplus-old/2015/...auman-allan-goh

same face





brothers issit?

This post has been edited by JimbeamofNRT: Nov 18 2021, 09:28 AM

As posted. Only the nose shape same.
But look different person.

I think two different person.

Those who got con through this kind of modus operandi, the only thing i can say greed will lead you towards downfall. haih.. 2021 yet so many got con by this kind of kucing kurap organization.

I think diff person. I met AG in person once. Looks taller compared to another AG from Lowyat haha

You may be true from the statement.

But apart from greed, there are some trust issue.
1) As said and analyzed before, this scheme use high commission to motivate the agent.
2) In order to get higher success rate and easily deal, these agents usually start from their friend/relative/partner/family and etc
3) Due to trust, most the targeted investors would invest.
Just like if your hubby/wife or kid ask u to buy something, will you reject and talk much?

The agent abuse the trust of those people believe in them.
When thing burst, they would said they were victim also as they also purchase/invested.

Are they innocent?
Suddenly i remember a word from Putin when i am eating Pudin before go to Mydin.
"whether forget/forgive you is god/allah issue, i just send you to them"


This post has been edited by Shining star: Nov 18 2021, 10:43 AM

i'll middle finger them and ask them to fark off regardless they are my kid, wife or parents.

Again it's not so much about trust. it has more to do with greed. Family members if they didn't fell into their own greed they would have politely rejected.

Allan Goh is just the face of the operation...the real ones working in the shadows not show up yet

Wah, how you know?
you hv any insider info?

Yes, noted their recent action.
https://www.theedgemarkets.com/article/iser...nt-joint-action

what they do is seem like what SerBxk Dixxxxk to do like sue Bursa, KPMG, E&Y when thing burst out.
But the key question is how would be the winning chance if you want to fight, especially to many regulators (BNM, SC, Police, SSM, ... etc).
Everybodies can see their share price dropped like hell....


I just surprise when they didn't sue AA, because AA has put statement to clear the relationship with them.
AA should clarify with them first before put the press statement,
Or even sue those banks/financial institute when leaving them without proper contract termination once receive BNM and news
** I assume all bank would have the contract for the service.

Remember to keep your middle finger....
it may be useful....

Because i think these kind of Ponzi scheme never end.
When a name fall down, another one already setting up.

year to year we heard the same story....

just mere speculation, as you can see i-serve such a big company surely will have some bumi backing to fulfill some requirements to work with some companies

Similar to JJPTR

may be need to buy SSM then know.

But For Trillion cove. seem without bumi director
https://trillioncove.com/bod.html

This is why, someone keep saying government was racist against non-bumi...
government no money that why target them

But this is not true..... it will made tension....

Government surely need to do something to prosecute those was guilty.

yeah.. i middle finger and screw alot ppl liao including my mom, my sister. family already screw no need to mention those kawan2 la.. suddenly want to lan suk and ask you join.

I think their scale much bigger than JJPTR.
They almost operated 20 years.

I think they pay damn high commission package to these agents. That why these agents worked very aggressively.

Frankly speaking.
Just a simple theory of human nature, if someone can earn big money.
Do you think they want talk to you and teach you how to get big money together ?
They better form a company and get loan from Bank officially. They want 1 billion or 200 billion also no problem if their business model can be proven justified and legitimate.

nice finding! cepat AA deny allegation

If not mistaken, carried by AnTS marketing or ADV Which a subsidiary under Same group.

This AnTS is not the ANTs China owned by Jack ma.

Update what lar, forget it. move on, money is as good as gone.

Dato Goh shoplot at taipan? run down leh

Run down is not importance.
Now they are going to Air or space....

MYAirline Financial backer linked to i-Serve Online Mall [ Ponzi Scheme / Scam / Money Game / Pyramid ]

TheEdge updated their article to include the following text:

According to sources, Goh is believed to be the financial backer of the new airline venture. He is listed on SSM as the shareholder of both Zillion Wealth and Trillion Cove, bringing his stake in MYAirline to 98%.

Trillion Cove’s website also showed that Goh, who is the chief executive officer and director of the company, has a background in audit and corporate finance, and that he is an entrepreneur who has founded and built companies in the e-commerce, online business, e-ticketing, fintech, retail and tourism space.

Goh is also a 31.75% shareholder in i-Serve Online Mall Sdn Bhd, according to SSM filings.

It was reported on Nov 15 last year that 22 premises linked to i-Serve Online Mall and its related affiliates across Kuala Lumpur and Selangor were raided by the National Anti-Financial Crime Centre with Bank Negara Malaysia (BNM) as the lead agency, along with the Securities Commission Malaysia (SC), Companies Commission of Malaysia, Malaysian Anti-Corruption Commission (MACC), Royal Malaysia Police (RMP) and CyberSecurity Malaysia.

Following the joint enforcement action, 45 bank accounts in seven banks were frozen, while RM118.7 million in cash were seized by the authorities, according to a press release from BNM then. The central bank also said the action taken against i-Serve Online Mall were due to suspicion of committing various offences, including under the Financial Services Act 2013 (FSA) and the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA).

Mantaop The edge.....

white collar .senang diurus ke

This post has been edited by seikoho1: Jan 18 2022, 03:49 PM

https://www.theedgemarkets.com/article/iser...t-freeze-orders

Come on....
Serbak Dinamik also sued bursa...
Then what happen? they not even win and now Datuk K seem already dissapper with his satelite plan..
https://www.theedgemarkets.com/article/serb...ges-bursa-court

This I-serve want to confront all regulators? especially BNM and SC, PDRM????
I can't imagine whether they can wait until Myairline launch....


I think both also want to wayang wayang to cool down their investors...
But how many wining chance? this is the issue

I am blue collar... saya suka "diurut"....

https://pictr.com/images/2022/03/31/BTL5uZ.md.jpg

i-Serve Payment Gateway UPayMe system is no longer in use. ?Banned by banks.

Wow still has people update it.
I though no more issue? apart waiting court decision to unfreeze more accounts?

Because i heard I serve hire lawyer to "seek" clarification from BNM and preparing civil litigation against all the regulators.
They will be Ipman, one fight with 10....

Back to your issue, i think you can ask BNM and SC.
This Upayme might be one of the frozen accounts related to the list.

Dato always get away easily... kecian investors...

You got better luck investing in top 3 cryptos.

Not financial advise. AllDaBreast in recouping your losses in the company.

Is there any update to this investigation ?

JJPTR and Monspace still in on going investigation since 2017, these thing will take years.... even longer if the victims do not want to cooperate.

Tomorrow (18-Apr) is considered a BIG day for I serve agent.High Court will come out some decision.
https://www.theedgemarkets.com/article/agc-...ion-against-bnm

I already heard those agents suddenly active again and keep calling investor (or victim) to cool down.
They keep insisted they and Iserve didn’t nothing wrong…Justice will come.

If those Victims still get nothing,I think better to lodge police report and follow up with SC and BNM la.

I not sure what Justice those agent is expecting.
I already ordered popcorn and see what happens…

i-Serve Online Mall granted leave to challenge freezing of accounts by BNM in court

https://www.theedgemarkets.com/article/iser...ounts-bnm-court

wah, you are very updated ah...

This news talked about to let them defend in court, not unfreeze the account...If not mistaken.

Anyway, see the word...
So I serve need to prove why they are not a scam...
May be they need to unveil their "business model" how to gain every month 3 % ? from where? by how?
The whole supply chain (money in, money ouyt, G.Profit) will need to shown during court....

In making the decision to grant leave, the court said the challenge instituted by the companies and the three applicants is not against the purported criminal investigation per se, but the illegality of the freezing orders as it did not even state who the subject of the money laundering investigation was.

The court also ruled that the applicants would be entitled to damages if there was wrongful issuance of the freezing orders

I forgot about MBI, almost same tactic.
yes, now they have to show everything to the court.
They probably expect the court to tell BNM to unfreeze the account,
never expected the court to tell them to show proof and fight it out in court,
a nightmare scenario.

Liability of wrongly freezing of bank account could be substantial. Bnm or bank won't freeze lightly or irrelevantly. Aml/CFT act is like isa, one could challenge but few could succeed.

Bnm has access to all bank account transaction in the country, they have investigation teams like pulis, would have investigated before freezing.

Sorry, May be i am not sure…
The mentioned pulis? Is it Polis

This is a good opportunity for Regulators, enforcement body, law makers to learn how they blow and manage such high profit business. May be other money game boss will kill Iserve.
As they unveil many things…

After that if they really proven to be legitimate,I suggest I serve should register and claim patent in world Guinness record. Or Goh can be awarded the Nobel price.
As their business model is get higher return than Warrent buffet and isolated to any economic downturn like Covid…
But I doubt they can…..

https://trillioncovecapital.com.my/

This post has been edited by Salvador_Dali: Jun 26 2022, 10:18 PM

Wait, this Trillion Cove already long exist right?
Part of the 40 accounts seized by BNM, SC, PDRM was linked to this company..

I read in the news somewhere...

Because wondering where he can get money to finance to buy new company... Apart from Myairlines...

the domain name was registered on April 2021, BNM raided them on Nov 2021.
they've probably already allocated a portion of their money towards the airline co.
SKS Airline already started flying, myairline not yet, dont know why.
the only question is now that they've been raided, will new investor or victim invest in this airline?

Do you think BNM might lose the Anti-money laundering/ CFT case against i-Serve Online Mall/ i-Serve Group of Companies?

Is there any history of BNM losing in such cases?

aml/cft act is like isa, unless source of funds could be proven clean else is considered illegitimate.

Are you one of the investor? If so, how much have you invested? Can you please share your story, thanks.

Yes, i get what u mean.
VERY2 rare case it could be challenged and win.
Iserve is not Ipman. now they are fighting with group of authorities... and be aware that LHDN not yet involve as of this moment.


BNM charged AML/CLF and ask Iserve to defend why their collected fund is not a scam, what is the high return business model?
ANd this already big question mark for Iserve collecting these funds without license.
LHDN can anytimes step in to conduct field investigation on Iserve throughout the year, whether they pay tax based on the margin of business model they claim.

Back to the primitive, logical and core issue.
If I serve can give 3 % monthly to victim, that mean 36 % per annum.
WTF they don't finance from the bank? the interest is far lower than 36 %
Why want to get fund from Public one by one..
Many questions marks.......

Myairlines not sure when can fly.
But i doubt so soon in near future as most of their source of finance been raid. even want to rent a aeroplane also no money... unless a super investor come in.

Few years ago,
Suasana airlines (similar money game) was fined by MOT.
That time they don't have license and hardly see they are active now.
https://www.mot.gov.my/my/Berita%20Terkini/...%20berkuasa.pdf

They are going to fly, by hook or by crook they have to do it to find investor.

https://www.ch-aviation.com/portal/news/113...e-targets-a320s

WHO is Raja Petra? Is He still alive?
He spread many news that Malaysia is becoming a failed state…. I am sure he not stay in Subang as he hiding in some lubang.

He repeatedly said BNM did it to I serve was to save Air asia and MAS… BNM governor has some personal intention….
I want to laugh…..

Now Capital A also listed in PN17, MAS made some moderate profit. Now a don’t know where new rising competitor not even have an aeroplane can challenge these two existing operators?? Is it logical ?

BNM seize the account under AMLA was due to illegal fund collection, mean a not license public fund or company/individual to collect investment. I serve need to prove during the coming court hearing. And also prove how to pay victim 3 % monthly interest from their so called business model.
If I serve so legitimate then why didn’t they apply the license in the first place? And if pay out 3 % interest monthly to the victim mean 36 % annually.
What don’t they borrow formally from the bank? The interest might only be 7-10% (benchmark to House loan) ? Why need to pay 36 % instead of 7 % to lower the financial cost? Or their so called business model can’t be trusted?

Whatever fact they have, just prove in court la..

Don’t twisted the fact.

This post has been edited by Shining star: Apr 24 2022, 10:00 AM

Agent holding CFP or CMSRL doesn not mean that agent is not a affliated scammer, or brainwashed to indirectly scam the other into it unknowingly.. or maybe they are too deep into it for fast money until they cannot know what is right or wrong..

So can quote this agent is doctor , lawyer, auditor or whatever, but this kind of company is just a matter of time to kaboom

Bnm has access to all bank account transaction in this country, have conducted investigation before freezing these accounts. It remains for iserve to prove their source of funds is legitimate.

just look at it. if it is too good to be true

Yeah....
Agent that certified by CFP, CMSRL or any regulated association or certification bodies that not mean he/she didn't lie or cheat.
But the chances/rates to get cheat would be very low compare to those agent didn't get any certification.
It's might not be easier and need some requirement to renew the certificate, so a truely certified agent would be least chance to misconduct, misrepresent or mislead the investment.
In summary, they are regulated and monitored,

Example: Like you want to got for a surgery.
The surgery fee is about the same.
You will choose a Doctor that got certificate and experience? or a "Doctor" that got nothing?
in case of some dispute, how you or your next-kin think the winning chance to remediate your case?
Since the "Doctor" knew they are fake, in order to pull people come in, they NEED and MUST offer highest interest to lure people...

So the hospital is like a platform. KKM (MOH) is like MOF, SC and BNM are the regulated body to audit the market time to time.
Now SC and BNM, or PDRM are doing their job to stop the further damages in the market.

Illegal Funding in AMLF and led to seize of all their accounts are not so easy to be repudiated.
What I-serve can do now is to prepare all the evidence to prove why they are not scam? higher return from ROI really come from their business model.
Ask their business partners defend them... but i doubt they have any business partners (supplier, co-partner etc) that can give then 30 % return.

Cool down.... what so worry? This is a freedom country, the prosecuted is not guilty until they were proofed guilty and sentenced by court.
Let buy pop corn and see wayang la....

Previously also have Suasa air by moon space...
ANd Ryan air....
Where are they now?

Not easier to venture into Aviation industry with no capital, net working and experience.
How many airbus they could buy or hire? how many route they can flight and fight with Air Asia and MAS locally....
This not yet count other low cost carriers in the region like Cebu Phil, Malindo Indonesia, SMile Thai.......

Sorry, what is that?
i can't click the CTOS link, may be this is a jpeg file

I think MYairline only got one plane now.
I give them sometime to gather the plane to 5.
How to maximize the ridership and make profit to pay their "investors" ?
24-36 % per annum still possible?

If so easy, AA would not be in PN17 list....

Somebody shared about the name of parent company for Zillion Wealth.
Who in the world give such a name? Such a weird name.

https://www.thestar.com.my/lifestyle/living...9s-no-hope-left

This post has been edited by Salvador_Dali: Jun 26 2022, 10:17 PM

These victim always mistakenly think the boss can Kaodim. Worst to worst, they only settle their problem and escaped.
They leaved the mess to victims.
Only when victim can't get the income then they start make noise.

Eventually they never think F.Depoit can only pay merely 2 % per annum.
Why this ponzi can pay them 2-3% a month? was it legitimate in the first place?
Now don't pray any Miracle can come out la.

I heard some existing I serve agent was switched to become agent of Cash trust and global trust, as they blur customer will get some income.....
https://www.theedgemarkets.com/article/seve...e-ponzi-schemes
But news has been circulated and alarmed it....