I just went attend for the talk yesterday.
I have deposited some amount and gonna see how can they generate the income for me. In other words, "test water".
According to them, its backed by SSM and the profit will be generated on weekly basis.
They have a guaranteed fixed investment return, but i did not take up that investment.

Mind elaborating what is "backed by SSM" means?
Is SSM gonna fulfill what that company failed in its promises to you?

What is the locking period of your money?
Are there any penalty if you need to withdraw suddenly next 2 months?

Good luck to your money as it is good as gone 🤦‍♀️

Basically already tell tale signs as as no assets other than cash generate such liquidity especially on a weekly basis

Even share options will take settlement of a few business days before profit can be generated

Another Ponzi scheme in the making signs

And no such thing as SSM backed as they are only registrar of companies which only manages company being registered and listed in the companies directories not a regulator 🤦‍♀️

Anything is not SC licensed is basically a Ponzi scheme

that is different scheme. check with your introducer la..dont mix it

I believes,
Whatever the scheme it is, they are not backed by SSM.
SSM does not back any scheme.

ofcox. what they interpret is they are agent for one of the SSM approved interest scheme only.

i have attended the talk too.

they make it so exclusive padahal all queue in to be slaughtered live earning slowly nicely

This post has been edited by Jenn77: Jan 17 2023, 09:28 AM

Is it,
Something like the previous "Cash trust funds" that got into the limelight ... last year.

cash trust funds without assets backed .. ABS by itself mean for asset backed solution ..LOL

I got this from the net, ....
Reported to be from the trust company...

It did mention " investment to be safeguarded with asset of equal value and accumulatively, ....."

This post has been edited by MUM: Jan 17 2023, 10:16 AM


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any trust deposit certificate?

I think that was a contract of agreement or something like that between the company and the person putting in the money.

under which trust company?

Did not specific in the copies that I got from the net...thus unable to confirm with trust company.

Good luck as SSM doesn’t approved any investment scheme only SC is allowed to approved to it🤦‍♀️

Money is good as gone now

1 year locking period. Daily profit about 0.10-0.15%.

if 0.10% daily = 0.10 x 365 days = 36.5% pa


if 0.15% daily = 0.15 x 365 days = 54.75% pa


wow if compounded daily = lagi MORE

https://www.thecalculatorsite.com/finance/c...nd-interest.php



This post has been edited by MUM: Jan 23 2023, 04:03 PM


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Good luck getting back the money in a year 🤦‍♀️

If they are that good in making that profit there shouldn’t not be a lock in period

Not possible with those rates as even weekend also able to generate the % 🤦‍♀️ plus no way with that % has beaten the best of the best in investment market 🤦‍♀️

What a fool.

This really look similar to how Triumph FX, macam still at early stage where they promise 4%-ish monthly returns. When they promise 7%-10% returns with newer funds then start to run road ya...