Curious about what goes on behind such schemes, a Malaysian investment manager who only wanted to be identified as Chris set out to learn how these scammers operate.
The group’s administrator claimed to have vast experience in foreign stock exchanges and that he had supposedly paid out millions in profits. “Since the schemers have full access to the funds, it is just a matter of time they pull the plug and take off,” said Chris, who has worked in the finance sector for over 25 years and has access to real-time movement of equities in various stock exchanges worldwide.