Not sure how it starts, but there will be a WhatsApp group teaching people how to invest, and they recommend using this app call nicshare. Looks like a regular investment app with statistics from the stock market. The leader of the group, Brad Goh, uses some pre-market trading, and will teach people how and when to put in money, and when to take out. So, people will put in some money, a little bit, and will get a good profit. Then, they will let you redeem the profit, but I suspect they won't let you take out the capital (I only saw the receipts for money entering, didn't see how much taken out).

Then there's this investment competition (not sure at what stage it happened) with Brad Goh as a contestant against a few big names from other countries. Looks very comprehensive. Rereading the chats, apparently they engineer a situation where Brad Goh is right at the precipice of qualifying to the next round. As in, if only top 3 can go next round, Brad Goh will be between 3rd and 4th. And in one round, he actually missed out, but there was suspicions the first place cheated or something, and the organisers sent out a notice saying he's disqualified. So Brad Goh won. I'm not sure how the competition works, but some rounds are voting, some rounds are the contestant collecting investments. This round is where I think most people put in most of their money. Note that this is what I suspect, it's not confirmed. I gets very hard to ask an elderly for details when they are shaken up.

The above is recounting what my family member went through. But browsing through the chats, there's talk about upgrading to different groups, and amongst the many qualifying criteria, one is depending on how much money you've invested in. This, I suspect is where people are persuaded to put in more to go up another level or something.

Anyway, next is when people want to take out their money. Suddenly, because of the enormous returns, the funds are suspected of fraud or something, so victims need to pay tax (a percentage of total money in account) to unfreeze it. Throughout this experience, the group will have many people chatting, making noise, with a few private chatting you as a friend. Some will be enraged at this, and be suspicious. Then these few will then change their tune, stating they paid the tax and got all their earnings back. But obviously, they won't. They will just keep asking for more, and the rest of the "participants" and friends will advocate for each other, saying they unfroze their accounts and feel relieved. So, these people prey on emotions, as in, how can it be that so many people are involved in scamming one person, and they seem genuine. And by the end, it's more sunken cost fallacy. And throughout the whole process, there'll be a group administrator (Brad Goh staff), a nicshare app customer support, and a couple of "close friends" contacting you. The customer support is the one telling you where to transfer the money to.

This is all I can recount on the fly. Anything more, I would have to dig back the transcripts again which is quite tedious. Please understand my reluctance to type out this much, as I'm not sure how or who it can help, and perhaps all it does is give people chance to make sarcastic remarks and feel like their superior.