so On Wednesday it was actually confirmed that a man who is 52-years old was arrested in singapore,the man is named "Fok Fook",the man was actually arrested after he was confirmed to be found guilty of been inviolved in a multi-level marketing scam which was a scam that was linked to "onecoin" which is a Ponzi scheme...........
the crypto scam done by onecoin was a very large scam that scammed investors and stole more than four billion dollars from the investors...
one of the major local news outlet Channel which is present in singapore and named "News Asia" confirmed the report that the scammer named "fok fook" have been convicted after he has been found guilty of promoting the MLM scheme by ONECOIN and that all the scam was done between 2016-2017....he has been actually fined $72000......,
during investigation it was discovered that the scammer was able to successfully promote the MLM scheme via various online seminars which he conducted via various social media channels including facebook..... this made him to be able to attract so many investors who were defrauded......
i am happy that he was successfully arrested,i think this could be a way of passing message to other scammers that one day they will get caught soon.....
Posted Using LeoFinance