Of course 🤦‍♀️

Even the greatest hedge fund in the world last year just broke the record at 38.1% hence how possible this ABS can generate such returns as it confirms scam from the so called documents and talks 🤦‍♀️

Same MO hence to bait the fools in for the greed 🤦‍♀️

Agree, its pretty much similar as Triumph FX. The profit generated even for weekends too. So far for a week, I've got $10. But the profit can be withdraw at every $50.

So one year locking period is for the capital? Profit can be withdrawn every time it reaches $50?

Yes, you are right. One year locking period for the capital. Min. $50 for profit withdrawal.

It does sound interesting, isnt it. I am just trying out. It has been in the market for about 2 years.

I dunno bro. The locking period is a deal breaker for me.
The only place I am comfortable with my funds being locked in is the banks

Like many mentioned before, SSM is just the Companies Commission of Malaysia. They only do statutory recordings, filings, etc, they don't look at scheme. Any scheme can only be solely looked into by the SC and only can be approved by the SC.

the term "backed by SSM" is more of a gimmick to catch unsuspecting investors who may not be as savvy.

guaranteed return is lagi a taboo word which is not found in any of the SC approved investments/scheme, let alone at such an unbelievable rate.

anyway, good luck to those who invested.

doesn't matter what flowery promise or what kind of picture they paint for you/the investors, those above redflags are good enough to put "most" people off.

Even the banks have no right to lock you so what do you think this scam investment will do 🤦‍♀️

Don’t bother too much as let them learn a lesson 👏

Only happy when can withdraw 50 when the actual 50000 is gone with the wind 🤦‍♀️

https://www.nst.com.my/business/2022/01/763...-through-trusts

saw this, but not sure reliable or not

If my guesstimation are right, ...different product and different company than what TS mentioned, ...especially the mentioned "Daily profit about 0.10-0.15%."


This post has been edited by MUM: Feb 6 2023, 01:14 PM


Attached thumbnail(s)

Can have a look on this?

here's the explanation of abs, but it's in Chinese, assume it's the same way how abs earn here
http://xhslink.com/eLo89m

But I doubt it can earn that much...

i try to search Asset Backed Solution keyword on FB, and there's few coming out.
If anyone know how to read please advice, I got no idea what's that

https://www.facebook.com/100063773313108/po...mibextid=cr9u03
Can find some other info on this FB page

Seems like related to Yong Thai Berhad?
and only those invest big amount "can backup" by a property? I don't know

Then I look into their website:
https://ytbcap.com/program-structure
Not sure how it works lol

Seems like different ABS under different company? But then they seems like related
confused haha

This post has been edited by rae0724: Feb 6 2023, 01:43 PM

My guess is they are operating like the previously (last year) hotly pushed "cash trust" finds....until they stopped promoting it after the scheme was exposed in the press.

To me, it is the same modus operandi...just under different name and packages

I see, need to do research a bit
back that I was not into investment yet
just trying to start recently, and looking for the one suitable for me
stock is too hard, and this uhmm..
guess... only FD left hahahaha

Luckily you posted this now, if you had posted this 6 months earlier, some may suggest you a company that had been operating since 2009, has a 2.2 million memberships and has a 10 billion AUM..
Put in 1k usd, get back that 1k usd 1 year later.
Let the balance ride n roll over for another 10 years, ....you will get 1 million usd then. No need to put in anymore money, no need to do anything.

But now, they dare not suggest that company already....

Is it the Trumph FX or something similar? I forgot the name
Haha, all the "looks good" one seems scary for me

You can use robo advisor instead if stocks too hard

Or buy ETFs directly and hold 🤦‍♀️

Do any of you interested to join in the investment talk? Perhaps you can understand better.

i believe some would be interested to know more by themselves before PM you for more details about that investment talk.
they may prefer to "research" more about it without being subjected to "pressure sales" while at the investment talk, or go there unprepared in advance as of what to ask.
thus i believes it would be beneficial for them if you could details more about your company in the open here.

i think,
if you are NOT soliciting for money, i believes it should be ok with the moderator
as you are just sharing some "investment" vehicle
if it is offered for free and without cost for those info, why not. The world needs more free things.

so far, some of the info given by you are ......

potentially interested parties do take note of this "its backed by SSM"

potentially interested parties do take note of this
if 0.10% daily = 0.10 x 365 days = 36.5% pa
if 0.15% daily = 0.15 x 365 days = 54.75% pa
potentially interested parties do take note of this "its pretty much similar as Triumph FX"

potentially interested parties do take note of this "One year locking period for the capital. Min. $50 for profit withdrawal"
Post 67, he confirmed, even if you are willing to pay penalty, you cannot withdraw during lock in period,

potentially interested parties do take note of this ...."about 2 years in the market"

potentially interested parties do take note of this "Min 1k USD"

This post has been edited by MUM: Feb 9 2023, 07:53 AM

He is directly soliciting and earning referral fees at that same time 🤦‍♀️

Not possible with that amount of profit as even greatest hedge fund can’t achieve that amount 🤦‍♀️

Yup, understand on your end. I am not the agent btw, for me, i just invest some small fund to let it run for a year. I am attracted by the profit, well, thats greed in me! Haha. Having that said, i am ready to lose that amount of small fund.