Malaysian police contacted about uFun Club on April 16th?!
Despite being put on the Central Bank of Malaysia’s blacklist last June, uFun Club has continued to flourish in Malaysia.
Local regulators and authorities have yet to take any action against the company, with officials as late as last Friday claiming they were yet to receive information from their Thai counterparts.
Police are still waiting for their Thai counterparts to contact them on investigations into a Malaysian businessman over alleged cheating cases involving more than 100,000 victims worldwide.
Bukit Aman Commercial Crime Investigations Department deputy director (intelligence and operations) Senior Asst Comm Datuk Jalil Hassan said Thai police had yet to contact his department for assistance in the case.
Now a leaked email has emerged, suggesting that Malaysian authorities were infact first contacted back on April 16th.
The email in question was published on the Facebook group 原来是这样, who go by the name “Justice Always Late” in English (not a literal translation), on the 21st of April.
How Justice Always Late obtained a copy of the communication is unclear.
In any event, the email is headed “VERY URGENT” and appears to be a communication between NCB_Bangkok and NCB_KualaLumpur. These are the respective Interpol National Center Bureaus of Thailand and Malaysia respectively.
As per the Interpol website;
At the heart of every INTERPOL member country is a National Central Bureau (NCB), linking national police with our global network. It is typically a division of the national police agency or investigation service and serves as the contact point for all INTERPOL activities in the field.
Staffed by highly trained police officers, NCBs are the lifeblood of INTERPOL, contributing to our criminal databases and cooperating together on cross-border investigations, operations and arrests.
The email purportedly sent by NCB Thailand to NCB Malaysia on April 16th reads:
Subject: Tracing whereabouts 4 Malaysian suspect who are involved uFun Pyramid Selling Company
1. Please be informed that the Royal Thai Police is investigating the case of UFUN Pyramid Scheme Selling Company and found that 4 Malaysian suspects involved with founding and run this company in Thailand then fled to Malaysia at last couple months. (sic)
2. According to Thai laws … (the) accused 4 suspects committed by fraud with expressing a false statement and/or deception to the public for their own advantages which maximum imprison more than 3 years with the prescription (maximum?) of 15 years.
The investigation team found that 1 of the 4 suspects imposter Thai citizen by using Thai name and identity as Mr. Arthit Pankaew.
(We are) still investigating (his) true Malaysian identity.
3. We seek your kind assistance to trace whereabouts 3 suspects detail as follows:
- Mr. Tay Kim Leng, Passport Number: (removed)
- Mr. Lee Kuan Ming, Passport Number: (removed)
- Mr. Wan Sing Hua, Passport Number: (removed)
4. All information that you provide will be the initiative investigation which will not be brought to the court.
In any further MLAT and diplomatic channel will contact directly through Office of the Attorney General.
5. Thank you for your kind attention. Your prompt reply will be greatly appreciated and please acknowledge receipt of this message.
Our best cooperation will be succeeded as cracking down Yun Shu Moa Ltd (YSLM) in Thailand.
Ten days after the above email was allegedly sent, Malaysian authorities are still playing dumb.
One possible reason is that the son of Malaysian Prime Minister Mohammad Najib Abdul Razak is directly involved in uFun Club.
Worse still, if Rodney Burton is to be believed, Prime Minster Najib himself might make an appearance at another uFun Club gala scheduled to take place at 4:30pm local Malaysian time.
Burton is part of “uFun Club Dominators”, the largest group of US-based uFun Club investors.
Needless to say the appearance of Prime Minister Najib at a uFun Club event would raise serious concern.
With unconfirmed reports that Malaysian police officers appear in early uFun Club investment promotions, once has to wonder just how far up the chain of command this $1.17 billion dollar Ponzi scheme goes.
The Malaysian police force, the government… where does it end?
As to the suspects NCB_Bangkok requested cooperation with, they remain at large.
Last night, Daniel Tay (Tay Kim Leung) was heralded as a VIP at a uFun Club Ponzi party in Kuala Lumpur:
Tay spoke on stage and posed for photographs with numerous uFun Club investors. Despite queries running through Interpol and arrest warrants issued, life is apparently pretty good for Ponzi scammers in Malaysia.
Meanwhile whether or not Interpol’s NCB_KualaLumpur and Malaysian authorities get around to actually doing their jobs, remains to be seen.
Stay tuned for updates from the uFun Club Gateway Project event taking place tonight…
Update 26th April 2014 – A Thai news report has aired in the last few hours, during which Thai police can be seen holding up the leaked Interpol email.
The second image is a closeup of the letter, which when compared to the Justice Always Late email appears to be identical.
I’m now officially treating the leaked Interpol email as legitimate.
Why Malaysian police have been lying about now having been contacted by Thai authorities, along with why they have not even begun to investigate uFun Club remains unanswered.
The email point no.5 seems weird. Last part, Why does it say “cracking down Yun shu moa ltd (YSLM)” but not UFUN? Zhang Jian was running YSLM but was arrested. I think the email can’t be trusted.
I believe the last point refers to past cooperation between NCB_Bangkok and NCB_KualaLumpur.
thailand should complain to the regional interpol headquarters at singapore, about how malaysia is blatantly protecting cybercrime fraud criminals.
the interpol asia conference just got finished on april 17th, with member asian countries agreeing:
guess malaysia lied their way through that meeting about supporting efforts of member countries.
Any prove that email is real? Where they get it from?
The news is in mandarin, but it stated that ufun did not hold 30% of gateway klang, and the so call moa signing ceremony is not between the developer and ufun, but the MM2H project by malaysian government, ufun merely bring their supporters to go there buy house only.
news.sinchew.com.my/node/420647?tid=1
it looks real.
it’s been leaked from somewhere in the thai police, probably. after all, if your neighbor keeps telling the press they have not been contacted by you, documents proving otherwise may just reveal themselves through ‘unknown sources’.
the letter is marked ‘confidential’ so it naturally cannot be ‘shared officially’.
when a whole country [malaysia] is playing dumb/sly, they have to be dealt with, by some ‘stealth response’ i suppose 🙂
“If Rodney Burton is to be believed”. 🙂
MM2H or Malaysia My Second Home, is a full on malaysian govt project under the aegis of malaysian tourism and culture ministry, and support of the malaysian foreign affairs ministry.
so, the malaysian govt is being roped in, to assist with ponzi money. in full view of the World.
just yesterday , we found that the new CEO of utoken, dato haji ahmad kamal, is a director of amanah raya capital, which is a subsidiary of amanah raya berhad, a malaysian govt trust.
the malaysian govt is now publicly neck deep in the ufun ponzi scam. there’s no denying it.
other countries should get pissed off by this blatant national ponzi cuddling, and take down ufun in their countries, as a strong message, that such stealing from their citizens, by a malaysian political family will not be tolerated.
can anyone really believe This Is Happening!!?? in 2015, in the world of internet, and public awareness, and instant information sharing !!
This article is clearer on the Gateway uFun Club lies:
ch.therakyatpost.com/%E5%9B%BD%E5%86%85%E7%84%A6%E7%82%B9/2015/04/26/%E9%80%9A%E7%BC%89%E4%B8%AD%E7%9A%84%E9%AB%98%E8%B0%83%EF%BC%81ufun%E9%83%91%E6%86%AC%E9%9A%86%E9%A3%8E%E5%85%89%E7%8E%B0%E9%A6%96%E9%83%BD/
oz, i think condos in the klang project fall under the MM2H project of the malaysian govt where:
at least we know that utokens cannot be used, it is just a lie being told to affiliates.
so, ufun is just acting as a property dealer/agent, which runs a ponzi on the side, and attracts property investors from its top ponzi earners.
now, lets see if rodney burton was lying about the prime minister turning up for the dance.
here’s rodney burton reporting from gateway klang , which according to him is a ‘1.2 billion dollar project’, which is really a ‘big part of malaysia’, and which ufun/utoken are ‘involved with’.
what exactly is that ‘involvement’ rodney? are you all ufunners involved in putting some more money down with ufun/sagajuta and helping them sell their property?
when ufun collapses, what will happen to the investments ufun members have made in that property? i’m sure they must be making part payments now, and have to cough up the full amount before they have full ownership of that property.
where will you get the money to pay off the whole amounts? how will you retrieve the amounts you have invested into the property, when ufun crashes? rodney is an old ponzi player He Knows Ponzi’s Crash.
whats the point of showing off the 1.2 billion dollar project? it does not belong to ufun/utoken.
people are just getting excited because everybody else is excited, they don’t have a real logical reason to be excited.
watch rodney burton act as though that 1.2 billion dollar project, is going to come back with him in his suitcase!
facebook.com/SirRodneyBurton/videos/vb.100000502973278/1091921480834607/?type=2&theater
the three banks that ufun displayed at public events, and did a lot of handshaking with, have all Dropped Ufun Like a Hot Brick.
i guess prime minister najib and his son will have to collar a malaysian bank to step up to the task? because, if sidey banks like UDBP, BDG and Nico will not hold ufun’s hand, which bank will?
whaat?? i thought officials from the french stock exchange were Personally coming down next month to malaysia, to sign unispace up to the french stock exchange. looks like that’s getting postponed!
are the french stock exchange officials too busy to provide homeservice to unispace? aw.
a news clip from ‘spring news’ yesterday, shows songmetta and other police officials, holding up some letters and saying something about ‘malaysia’.
springnews.co.th/program/news/springnewsphenomenon/205179
Banks don’t just develop problems with “international deposits”.
When it comes to Ponzi schemes, international money laundering filters are triggered and bank accounts are shut down.
Update: Email is confirmed to be legit. Thai police have appeared on television holding the leaked Interpol email.
very smart move by asst police chief songmetta. well played!
my question is with no bank in their hand currently, and their payment gateway [payment processor?] still not set up, how is ufun paying it’s members? the payment gateway was supposed to be up and running last week but it seems to be delayed further:
everybody is partying so hard, do they know How they are going to be paid and When?
uFun hasn’t paid anyone for a few weeks. It’s just numbers on a screen and uFun investors playing it up.
“ZOMG I MADE ELEVENTY BILLION MONOPOLY DOLLARS TODAY!” etc. The “sell your uTokens back to uFun” function has been disabled for some time.
Instead affiliates are making money by signing people up, getting them to hand over real money and then transferring them uTokens via the backoffice.
So Tay in the Klang gateway ceremony?? Anyone can verify that?
so, maybe some shady chinese payment processor will employed now? and then the ufun ‘card’ will have to be mailed to 400,000 members across the world, to enable them to withdraw money? [i’m not sure how this works].
i mean, i will be surprised if even a career ponzi processor like solid trust pay, will touch ufun with a barge pole at this point?
why doesn’t rodney burton et all, talk about this. why do they keep pointing at 1.2 billion worth projects ‘which have nothing to do with ufun’, and spin everybody into dizziness.
tay attended the WMA program yesterday, so it’s pretty certain that he will be at the gateway klang event today.
what we want to know is whether the malaysian PM or his son, is at the event, because rodney burton was show offing about it on FB.
these guys are just too busy partying to report. i didn’t see any press cameras in whatever footage was available of the event. so we have to depend on dear ol’ rodney and his ilk.
Did the Gateway Klang ceremony take place in an oversized tent? 😀
Confirmed – Tay attended the event:
Not sure on PM. Might have been a poor joke on Burton’s behalf?
yes. and with lotsa food and booze, and not a single ufun/utoken logo in view.
i mean, its about signing a deal between ufun and gateway klang right? but no ufun logo’s are to be seen. and no press, as far as i can see.
yet, the spin is so mindless, that this is what poor innocent investors have to say:
yeah, a project in malaysia which ufun has no partnership in, will make 400,000 people rich, in a blink of an eye!
oops! the utoken logo did show up after all!
No idea what is being said here, but it’s Tay again:
(Ozedit: Phony video removed)
oz, this^^ is an old video which has tay crapping on into a Unispace [ufun] mike. there’s no other media talking to him.
it is a carefully constructed video which tries to imply association with the gateway klang project
Some guys chopped up footage to put it together? Boo!
Your right, he’s wearing completely different clothes.
every time i’m right, i get to present you with a song.
this is how ponzi players pursue the ponzi dream and end up looking quite silly for it!
youtube.com/watch?v=2I3NgxDAiqE
when malaysia can be downright silly, why cant we??
Another top uFun investor busted in Thailand:
Still nothing but silence from Malaysian authorities…
nationmultimedia.com/national/Police-seize-luxury-home-and-car-from-UFUN-woman-30258822.html
The video is just a sale and purchase signing ceremony meaning payment only base construction progress.
Actually this s&p signing can be done at the office but Ufun prefer to do it in style! A con job & a waste of members money! For now there no cash involved as construction progress still at 0%.
Wonder if Ufun is still around by middle of 2015!
At the rate this is going, I suspect Malaysian Police will get a secret memo and start mass arrests soon, and government will throw UFUN “under the bus”, and the top leaders will claim Sagajuta is legitimate and they’ve been deceived by UFUN and was shocked by the betrayal of trust on how their good name was abused.
correct, it’s just a signing up for SALE of property. it’s not an Investment Partnership.
ufun is lying and lying, their banks have dumped them, they do not have any payment gateway in place, according to top affiliates, recruitment is cold, what these guys are celebrating about in KL, malaysia, is just an UNKNOWN at this point.
free alcohol, may play a part in it all.
In the Facebook post, JusticeAlwaysLate explained that he sent an inquiry to the agency in question after reading in the news that Malaysian police claimed they had not received request to help from Thai Police. And he got a reply back, presumably copy of the email in question.
Although he used the term “civilian agency” rather than law enforcement agency.
AFAIK, National Central Bureaus are staffed by LEOs not civilians, and is usually a branch within national police headquarters, which in Malaysia is Bhukit Aman
too late. sagajutas involvement shows up, from earliest members FB reportings.
It was reported in Chinese news
ch.therakyatpost.com/%E5%9B%BD%E5%86%85%E7%84%A6%E7%82%B9/2015/04/26/%E9%80%9A%E7%BC%89%E4%B8%AD%E7%9A%84%E9%AB%98%E8%B0%83%EF%BC%81ufun%E9%83%91%E6%86%AC%E9%9A%86%E9%A3%8E%E5%85%89%E7%8E%B0%E9%A6%96%E9%83%BD/
You can Google Translate that, quite a few pictures.
Now that UFUN’s reputation has been hugely damaged due to which an incredibly low amount of UTokens are being purchased daily, 1+ million vs 15+ million before the April 10th raids and assets being frozen and seized, I don’t see how they can survive.
Even if the Malaysian authorities don’t take action, the Ponzi will collapse on itself due to lack of new investor funds coming in.
Currently the Thai police is only asking for information, not for any action taken against the suspects.
In the April 24 Now26 news video, the former journalist from The Star (Soon Chen Kang) identified it as the Malaysian police sees it = “we haven’t received any information we can act on yet, we have only received some basic information”.
From the interview:
So it’s currently only on a “watch list”, a “this company can be risky, so don’t invest in it” list.
“It will probably be investigated locally in Malaysia based on those 4 complaints”.
More from the interview (what Soon Chen Kang got from her former colleagues):
SOURCES:
List of newest news videos:
NOLINK://www.now26.tv/program/lists/92/%E0%B8%82%E0%B9%88%E0%B8%B2%E0%B8%A7%E0%B8%A0%E0%B8%B2%E0%B8%84%E0%B8%A0%E0%B8%B2%E0%B8%A9%E0%B8%B2%E0%B8%AD%E0%B8%B1%E0%B8%87%E0%B8%81%E0%B8%A4%E0%B8%A9
The April 24 video:
NOLINK://www.now26.tv/view/42300/MALAY-INITIATES-INVESTIGATION-INTO-ALLEGED-UFUN-PONZI-SCHEME.html
Any one speaks Thai? We have footage of various investigative reports from BecTero Channel 3.
I am going by JusticeAlwaysLate’s Chinese summary, which states that Thai police has already determined that Sagajuta (Sabah) is laundering money with UFUN.
UFUN had been raising funds illegally (i.e. taking money for investment) before UTOKEN existed using “pre-IPO shares”. UTOKEN is a layer on top of that fraud.
NOLINK://www.youtube.com/watch?v=B-Ih32pja7o
Translating from the Chinese version:
Here’s a full translation of that link provided by URUN earlier:
NOLINK://news.sinchew.com.my/node/420647?tid=1
The remaining short paragraph is about alleged link of UFUN to ZhangJian’s YuShuMao scam, basically: other than that one allegation by Thai police, there is no documented link or new news.
There seems to be some doubt whether Tay is actually a Dato. Apparently the leader of the province where Tay got the Dato from (which must be awarded by a member of that province’s royal family) don’t know about Tay getting one.
When questioned, the leader of the province (very long name), who is a Dato’ Sri, said he doesn’t know any background about Tay, only heard about the incident, and he will need to investigate this further.
Photo provided by JusticeAlwaysLate, citing Chinese paper in Malaysia.
NOLINK://www.facebook.com/JusticeAlwaysLate/photos/a.419929838185892.1073741828.419828431529366/430065603838982/?type=1
so, gateway klang is convinced ufun is a legitimate business, but they wont accept utokens as payment?
these senseless double speak statements coming out of malaysia are deceitful at a whole new level. this is corporate malaysia working with the govt port authority, to build a huge project, and they can give such statements to the press!
aren’t the klang port authority officials watching this ponzi drama at their doorstep?
the MM2H project of the malayasian govt, is to encourage expat malaysians and others to invest in property in malaysia and in return get a long stay visa of 10 years along with other tax benefits etc.
for a foreigner to purchase property under this project, they have to make a fixed deposit of MYR 300,000 [84000$] in a malaysian bank, and separate payments for the property.
why would ponzi players from the UK, france, germany, poland, US, be interested in this?? i mean WHY ??
yesterday at the gateway klang sales event, some 30 buyers were named. i didn’t hear rodney burtons name? did good sense finally prevail rodney?
all the ufun members who have been dancing around the gateway klang sales event, as if it were a holy fire, should calculate how much brokerage ufun will earn from the approx 30 sales they registered yesterday. is it enough to pay all your ROI’s?
@Anjali — it’s social proof, i.e. this guy is not afraid! He’s our leader! All hail the Great Leader! Blah blah blah.
In one of the photos where Tay was giving a speech, in the background is Chinese words that essentially says: Winners Lead
You can read that as you’re being lead by winners… Or only the leaders will be winners. 😉
Since the raids in Thailand, operating licenses revoked, bank account freezed, properties confiscated & perpetrators behind bar, there sign of cracks in the pyramid structure.
With the structural cracks getting wider & unbale to support the weight look like the pyramid will collapse must earlier than expected.
But still there is like somewhat support from a/some shady organization. If not, Tay will not be so bold to show his face.
It comes as no surprises if they also help others in laundering money.
strange silence from ufun members after the grand kuala lumpur party. are they hungover, or they don’t really have any material information to share?
imagine flying in from all over the world on your own money, to witness ‘your company’ sign a partnership agreement with a 1.2 billion dollar project, only to find out, that it is just a sales drive for sagajuta condos and ‘will you please buy one too and make malaysia your second home’. disappointing to say the least.
granted, danial tay is a hero and all, but for how long can you ogle at him? hmm?
so, today ufun has made ‘new announcements’ about ‘new events’ next month, to prevent largescale ‘troop sag and deflation’.
this time around they say, unispace [their net tv thingie] has been approved as a business model for euronext stock exchange listing by a ‘Marechal & Associes’,and the grand contract signing will take place on may 9th, 2015.
ufun members will probably read and advertise this as though unispace IS getting listed on euronext. all that is being done is that a financial advisory company ‘Marechal & Associes’, which is a euronet sponsor, is being signed on.
so, just like gateway klang is not a partnership venture for ufun, similarly unispace is not getting listed on euronext, but merely a ‘stock listing intermediary advisory firm’ is being hired.
how is that a great contract signing of any sort, which requires people to fly in from all around the world to witness this grand ‘event’?
and!! the mednspa ‘contract signing’ is also scheduled for may 9th. i hope tay will let ufun members know, that the shares he has purchased in mednspa, are in his ‘own personal name’ and Not in the name of ufun or any ufun subsidiary.
why should people fly in to see danial tay sign something for his ‘personal ownership in mednspa’?
these guys at ufun, interweave a few halftruths with Big Lies so expertly, that they have evolved it into an art form.
poor ufun members, it’s easy to see how this masterful deception can confuse them.
facebook.com/photo.php?fbid=925548424157832&set=a.150765604969455.32591.100001080484201&type=1&theater
Published a few hours ago on a uFun Facebook page:
chang had found the mednspa/tay agreement and posted it on another thread. i will repost it here for ufun members who may have missed it.
do note, that mednspa shares have been purchased by ‘tay kim leng’, which is the real name of danial tay. the shares of mednspa have not been purchased by ufun or any subsidiary.
when you meet tay in may, 2015, remember to ask him to clarify this :
bursamarketplace.com/index.php?ch=ch_content&pg=pg_cont_news&ac=16998
i lived in Thailand, and here are some facts about the garbage comp (Ufun) in Thailand.
1) Ufun tried to convince Thai members that the company will be listed (Euronext) within this year and very popular in Malaysia.
2) Ufun invested in Gateway Klang, holding 30% share
3) Ufun disguised itself as MLM type company, however this company never sold such a register product (juice).
When cops investigated the factory that was referred to as Ufun supplier,the truth is “this factory never ever deal anything with Ufun”
4) Ufun manipulated financial statement to show net loss in the first year, nevertheless it still not submit any statement in the last year.
5) and many more
If you can go ahead and link to Thai news reports (if they are not online, scan or photo of article and put it on IMGUR.com) would be very helpful. We need verifiable news reports.
As for Gateway Klang… it was denied by its leader that UFUN holds 30% share. So that is not fact.
Minor update regarding that Gateway event… Lots of singers from Asia, sang almost all in Chinese, but there are some locals.
No mention of UFUN trouble by Tay, no speech to UTokians either (that’s the term used to describe the UToken/UFun believers over at RealScam) so I guess this is what passes as low-key. 😀
NOLINK://ch.therakyatpost.com/%E5%9B%BD%E5%86%85%E7%84%A6%E7%82%B9/2015/04/27/ufun%E9%83%91%E6%86%AC%E9%9A%86%E6%97%A0%E6%83%A7%E9%80%9A%E7%BC%89-%E5%B7%B4%E7%94%9F%E6%8B%9B%E5%AE%A2%E4%B9%B0%E5%B1%8B/
JusticeAlwaysLate, who seems to read this site a lot, is reporting that Tay has a May 10th event where he’s inviting some VIPs to attend his ceremony where he’s celebrating his buyout of Ultraspa / MedNSpa.
Of course, it was him that bought Ultraspa, not UFUN, but anything for UTokians, right?
As for listing on Euronext… apparently the invitation itself disproved it.
UFUN is apparently going into some sort of strategic alliance with “Marshal & Associates” in Europe, and it’s Marshal that’s getting listed on Euronext. You can read JAL’s website for details.
Well the two big promoters in the Philippines C J Carlo and Jonel Javellana urged all their followers to get in on this special deal:
Guess they believe if you just ignore all the arrests, freezing of assets, and all the other information in the news, it isn’t happening.
K Chang
i don’t know how to display picture in this site, so here are the links (Thai version, you can use google translator):
isranews.org/isranews-scoop/item/37985-report04_37985.html
seems like the ole member-to-member transfer so the scammers get their money back.
after effects of the grand kuala lumpur klang party!!? vote of confidence in danial tay and ufun!!? 🙂
Nice article. I don’t read Thai and Google translate keep translating UFUN as “the Teeth”, but it gives a clarity that wasn’t quite covered in other news.
In a way, this is very reminiscent of WCM777 Ponzi in the US.
Ming Xu also created a lot of companies to obfuscate the paper trail and put his money into a lot of things, and funneled much to relatives and friends.
There’s also “memo of understanding” with alleged real estate deals (in the US). He also got photos with celebrities such as Steve Wozniak (co-founder of Apple) and claimed connections with more, as well as false claim of cooperation with Siemens.
a follow up article today, in ‘the nation’, thailand, discloses that the thai finance ministry had submitted a report about ufun to the DSI late last year.
previous articles in the thai press have also disclosed that asst police commissioner suwira songmetta has been investigating ufun for some time before the raids on april 10th, 2015.
this rubbishes ufun member claims, that the thai police’s ufun investigation is just a knee jerk reaction to a few complaints. it appears the investigation has been uncover and underway for a substantial period of time, culminating and becoming publicly visible with the april 10th raids and arrests.
highlights of the article today:
nationmultimedia.com/national/Investor-notes-the-sheer-glamour-of-UFUN-trading-30258882.html
another link about Ufun:
thairath.co.th/content/495624
Ufun = “ยูฟัน” in Thai language
if “ยูฟัน” is translated by google, you will see “the teeth”, hope this helps.
Can we get an accurate translation of the last paragraph of that article (and anything else that might be relevant?).
Auto-translate is producing:
Is it saying the US and China are now confirmed to be involved in the investigation?
The Rakyat Post put out a new article in English but it’s the old news of Bina Puri denying any interest in the scheme.
Bina Puri has made an official statement today. It seems like a full frontal attack against UFUN.
It has made it official and all the news firm (almost all) are citing its non-involvement with UFUN.
binapuri.com.my/CMS/Images/UploadedDocument/DOC000000750.pdf
Bina Puri issued a statement some time ago clarifying all of this. Seems odd they’d release another statement.
Maybe the other statement was too low-key and they were still getting people calling them up about it.
Anyway, I’m treating this as old news. Can’t wait till the Gateway development firm publish a similar letter once they realize getting into bed with global Ponzi schemes isn’t a good idea.
Dunno whether got connection with UFUN, but you will find this thread below quite interesting, titled ” Arrest warrant issued for Bina Puri director, case witness””
thesundaily.my/news/1377092
Well no wonder Bina Puri were were all “show me the money!” when uFun initially approached them.
Anyone who thinks the exact same thing isn’t going on with this Gateway Klang mob is delusional…
Dato Dan rocks up in his kung-fu shirt, ‘Yo Gateway Klang, I got ninety-nine problems in Thailand but $1.17 billion dollars isn’t one of ’em. You in?”
The new statement contains many more details. Most of them were already known, but the statement added some new details, e.g. I didn’t know anything about the press releases in 2014.
Announcement made by Bina Puri Bhd The parent company of Bina Puri Ltd (Thailand).
Read more here: mrem.bernama.com/viewsm.php?idm=24331
ha. it just shows that corruption is rampant in malaysia, with ministers and their political secretaries hand and glove with the builder lobby in all kinds of shady deals.
we can see how the stalled gateway klang project, was given to a subsidiary of sagajuta for completion. a lot of political pressure must have prevailed there too.
how much of ufun ponzi money is being used to build the gateway klang project?
The plot thickens…..
And in the end, that is how the cookie crumbles………
JLA on FB has an article up, that didn’t cite any sources, but seem to indicate that Thai Police’s deadline for the wanted people to turn themselves in is 5/31 1 minute before midnight, or else they will enter formal prosecution case including formal request of extradition through Interpol for everybody on the run, including Gen. Soonpon, Tay, and the two that already left Malaysia.
JLA on FB claimed that the Bina Puri guy now wanted by the court for never showing up to subpoena may have been involved in a previous corruption / money laundering type operation.
I haven’t had a chance to read through the multiple links he provided, may be a mention in there. Bina Puri stock is taking a hit on repeated mention of their name.
tay is in a continuous party mood, with malaysia playing a doting host. even today he is attending a public event.
malaysia seems totally cut off from world media, and like gandhi’s three bundars [monkeys] they can ‘ see nothing, hear nothing and speak nothing’
there’s no way malaysia is extraditing the henchmen of their prime minister’s son.
the only way forward, is for a few more countries to publicly take ufun down.
meanwhile taking a cue from malaysia’s staredown, this is how top ufun recruiters are responding to media reports:
a person representing gateway klang management made the clarification about ufun partnership and the acceptance of utokens. that is being ‘ignored’ as ‘rubbish’.
so, tay has time to party every night, but cannot make any clarifications about thailand or binapuri or klang? jus’ pardy pardy pardy?
Well, the band kept playing on the Titanic, as the cliche goes…
He’s talking about post #40 in this thread, or about the short summary I posted in the review thread (the first uFun article here). He might have used other sources than behindmlm, but at least he’s talking about the same original source.
I specified exactly those two points when I reposted it (in post #200). I also mentioned “Chinese source”.
NOLINK://behindmlm.com/mlm-reviews/ufunclub-review-utoken-digital-currency-investment/#comment-336914
The Facebook dialogue continues with one additional post.
People in denial say the darndest things. Zeek will reopen in Europe, SEC had no case, US court will validate TelexFree… hahahahaha.