Disclaimer: I have been posting on potential trading app scams and got information on another app by a acquaintance. Please make your own investment decisions


Brief Description of Aureston Capital Trading Scheme

The team, led by investment gurus Elice and Thorian Chen, claims to be part of Aureston Capital, an investment company based in the USA. They first provide investment tips on WhatsApp and agree to cover 80% of your loss and allow you to trade on other apps like Moomoo. After some time, they will offer an incentive to join their "Aurst" App, which is available on Google and the App Store. They allow you to extract profit, and then if you subscribe to an IPO or FPO, they will confiscate your account. It seems Thorian Chen has profiles on some finance websites.



How did the person get scammed?

This guy had read the posts about scams on Lowyat and avoided subscribing to IPO. One day he subscribes to the daily trading, and suddenly IPO transactions show up in his logs. Elice replies by saying that since the timestamp is near the day trading activity, the user must have subscribed and they have to pay upfront for the subscription to get their account access back

Lead Investor is called Elice and Thorian Chen








Screenshots showing the person escalating















Screenshot of bank account






If anyone has come across this app please share experience

Looks like total scam

IPO through app, pay to weird company (not investment bank)

But why... INARI? This counter ady listed N years ago.
No matter its scam or technical error or wat, IPO for INARI already does not make sence
Or did i missed out somewhere?

Why do you have so many scams ya?

You should know that transaction logs can be amended such as added, dropped, or modified.

It's not hard. All you know is a few lines of SQL.

The company was flagged under BNM -

Potential clone entity – Aureston Capital Partners / AURST

i thought you have posted before?

why need a new thread again?

https://forum.lowyat.net/index.php?showtopic=5528917&hl=

https://forum.lowyat.net/index.php?showtopic=5530460&hl=

This post has been edited by GalaxyV: Jul 7 2025, 01:56 PM

Confirm scam la

similar case with a friend of mine, scammed by rm150k+, transfer willing to the scammer !!!!

I have been exploring these scam groups through facebook ads. They do give good stock tips. Will be doing some more insider work and posting to warn people.

Im posting to highlight different scam companies, hoping someone will Google before investing and not get scammed.

Inari is the day trade stock which they offer for daily investment. The two stocks on top are for IPO

also came across this . SEC posted on this company https://www.sc.com.my/resources/media/inves...t-as-at-2052025

Oh, I thought you kena scam

It seems these scammers are deliberately targeting new or inexperienced share investors — those still learning the ropes and more likely to fall for quick-profit promises.

Seasoned investors know better than to trust stock tips from social media or WhatsApp groups. But for greenhorns, the mix of unfamiliarity, urgency, and false credibility makes them easy prey.

In this game, experienced investors pay their tuition fees to the market.

The ignorant ones? they end up paying theirs… to the scammer.

Better you faster report police

If you wanna trust stock tips, you don’t need to use their app.

Just use your own bank or brokerage app.

At least if rugi, it’s because the investment went south, not because of scam.

cause he doesn't want to believe...

maybe need to get scammed first then believe...

I got scammed from a similar one some time ago and noticed that no one posts their experience as it's embarrassing. i am trying to help other people not get scammed or at least make a proper decision as there is no review for these scams in Malaysia

haha

which one you kena scammed? May be one thread for all will help!

Bro....INARI has been listed for years

ape lanjiao IPO? konfirm scam.

nobody would do business deal via whataspp account contact

TOPKEK

why people so lazy these days.....

lagi tahu marah customer if the customer who did the IPO

Mine was Moneyhunter Sdn Bhd back in early 2024. Didn't lose much thankfully. Creating a separate post so they show up in Google. If all in one, then the warning gets lost in comments and original post also has limitations.

Bro Inari was part of daily trading in which they give 7-8% return. They scammed on top two listing for Taiwan IPO

why you know so many scammer? invite me into groupchat i terus ciao n block hp

Search for investment tips on facebook. then start getting ads from Gurus on facebook. They will lead you a whatsapp chat where that person will add you to a whatsapp group with 100 people. Start clicking a few ads you will start seeing a lot. Uploading today's ad for reference. I have entered a few groups. Also to help you can investigate and then post review on their app page after you are sure they are scam. Only admins can add

100% scam, very easy. Now many victims because many scammer set up company name matching overseas investment firm name from SG or USA or other country, so when u deposit money to the company name or when u google it, it is legit but the truth is the overseas companies didnt have Malaysia bank account, therefore scammer took this chance to scam Malaysians XD

why people so free to be scammed?

RUN ROAD FASTER

theres a saying, if its too good to be true, it probably is.

Nothing new. They keep throwing free classes and free insights then ultimately trap you to deposit money via their app, which has very poor UI/UX.

Rule.no 1 never trust any fb ad that promises high returns & risk free. No such thing in this world.

The big red flag is scammer agree to cover 80% investment losses which no sane person will promise. Even the best trader will experience losses from time to time.

If one has to rely on stock tips from a very dubious whatsapp investment group. Then they shouldn't even be trading stocks in the first place as it means that they are too lazy to do their own research.

Want higher returns then be prepared to do your homework otherwise just stick to fd & epf.

Do not join this so called investment groups thinking I just buy base on the tips & use my own trading platform so they can't scam me.

This scammers are very good at manipulating people psychology & no matter how alert you are. All it takes is just one moment of weakness & then gone case.

Look at this guy, he thought he could beat the scammers at their own game by avoiding ipo's & just withdraw daily trading profit. Problem is once the fellow started using their app. The money is as good as gone as scammers can simply make up the rules as they.like.