Malaysian Police dismiss Mohd Nazifuddin’s uFun links
Far be it from me to be an expert on the inner workings of a police force, but the following seems comically negligent.
When asked by Malaysian media about Mohd Nazifuddin’s involvement in uFun Club, Inspector-General of Police Tan Sri Khalid Abu Bakar simply dismissed the issue.
Not because Malaysian police had thoroughly investigated Nazifuddin’s involvement in Sagajuta and the fact that he’s a major shareholder with money likely been transferred between uFun Club and Sagajuta over the past two years, but because
Thai police never mentioned PM’s son (Mohd Nazifuddin Najib).
…
…WHAT?!?
I’m really at a loss for words here. Is there some Malaysian law that prohibits authorities from investigating scams themselves? Or does a neighboring state have to formally file charges and request assistance before anything happens?
Is there no word for initiative in Malaysian?!
If anyone’s got any explanations I’m all ears, but as it stands I have no idea how to explain why Nazifuddin’s blatant involvement with uFun Club is being ignored, simply because Thai police didn’t mention him.
Wake up guys, this is a billion dollar Ponzi operating out of Malaysia, with Thai police doing the best they can to hold those accountable.
Through real-estate links with Sagajuta, uFun Club has been scamming people through Ponzi fraud in Malaysia since at least 2013.
uFun Club has also been recently linked to members of the Malaysian royal family.
Bugger passing everything off to their Thai counterparts, where the hell is the Malaysian uFun Club investigation?!
Federal Commercial Crime Investigation Department director Datuk Mortadza Nazarene meanwhile said they were not aware of any Malaysian victims as so far no reports had been lodged against UFun in the country.
“So far no reports were lodged. We have checked,” he said.
He said Malaysian commercial police were assisting their Thai counterparts to locate some of the Malaysians who were believed to be involved in the Ponzi scheme.
“We are helping them to trace these people,” said Mortadza.
Malaysian police were formally contacted through Interpol on April 16th, yet those running uFun Club from within Malaysia remain at large.
Clearing the Malaysian Prime Minister’s son without a formal investigation though? That took less than forty-eight hours…
As I’m understanding Malaysian Ponzi law, you can start one up there and, so long as the country your passport belongs to doesn’t investigate and bend over backwards to appease Malaysian police… it’s lol all the way to the bank.
amazing!
the press, the police, the corporate house sagajuta, and EVEN the accused ponzi scammers, are FALLING over each other to save the beloved PM’s son nazifuddin razak.
this is a shocking shameless brown nosing performance, in full view of the world.
even a child can see through this ‘little act’ which has obviously been synchronized by ‘political power’.
this makes nazifuddin look as guilty as hell.
will the malaysian govt also step in and give their ‘not guilty’ vote, next?
aaand what? the malaysian police cannot trace danial tay seated behind his pyramids in the UBTmall office? c’mon malaysia, give the world a bloody break!
It’s almost as if Malaysian police investigating a crime in Malaysia involving a Malaysian… know more about the case than a random Internet blogger!
What investigating?
*ring ring*
“Hello, Thai police.”
“Yo, you guys know who Mohd Nazifuddin is?”
“Never heard of him.”
*click*
“Good news everybody! Nazifuddin has nothing to do with uFun Club!”
UFUN not a Ponzi scheme. They have genuine business. The crackdown in Thailand is a scam.
uFun take newly invested funds and use it to pay off existing investors. Of course it’s a Ponzi scheme.
Who told you UFUN have genuine business?
UFUN, of course.
Did UFUN said they have cooperation with Buna Puri?
Yes. But Buna Puri said UFUN lied. Said so several times.
So why do you believe UFUN? Do you believe marble quarry worth that much? Do you believe they really have nickel mine? If so, why do you not believe Buna Puri, Malaysia National Bank black list, Thai Police, and so on?
Do you only believe things you WANT to believe, rather than things that are true?
Wow, Oz, you even have a transcript. Care to post where you got it from?
Sure, as you soon as you produce evidence that Malaysian police are doing anything other than covering up a $1.17 billion dollar Ponzi scheme with ties to Malaysian politicians and royalty.
since is question time, may i also ask a question?
how do you explain nafizuddins presence at a ufun event, happily chatting up top ufun execs?
answer answer answer
hey, ain’t UFUN got 30%share in Klang Gateway??
Oh! I forgot UFUN has no business relationship at all with Sagajuta.
Who said?? Your UFUN Danial Tay say so….
Then why got UFUN members promoting UFUN got the 30% shares Klang Gateway??
Oh, UFUN lied of course; not Sagajuta.
Who Cares!
ufun now owns a Nickel Mine!! all attention is to be focused on the Nickel Mine now!
because mining is a serious business and because the management of ufun wants to keep it’s members informed, they have released an ahem, ‘quarterly report’ on their Nickel Mine [yeah that rusty shed].
there are some pages of numbers, and some percentages of nickel and ferrous, there are some pages about the nickel mining industry in general, and this mish mash of ‘information’ serves as the ‘quarterly report’.
but um, some pages of this report has the name of a company called “SINAR JAYA SULTRA UTAMA, PT’in a corner, which is an established mining company. it’s obvious ufun’s ‘quarterly report’ has just bummed some pages from an existing company’s report off the net, which has nothing to do with ufun.
in the face of all their lies being caught out, Why Would Ufun Do This?
you may take a look at this ‘report’ here, BUT remember not to use it as a marketing tool, wokay??? 🙂
ufuninc.com/funmedia/preliminary-report-of-nickel-mine-in-indonesia/
Oz,i quite confused. With Sagajuta and Najib’s son wash their hand on UFUN, the Malaysia Police should have acted and investigate UFUN.
But it seems like there is another power (political) behind UFUN.
@kreak
You’re not the only one. Malaysia seems either unwilling or incapable of investigating uFun Club.
after lynn summers, its now casey tans turn to soothe the seething masses.
his message is toooo long to copy here but the crux of the blabber is:
1] UFUN is moving to a long term sustainable business model and board meetings with China Pride Group and Gateway Klang, 2 Multi Billion conglomerates for the past few months.
2]Every government already has their own currency,…..they see UFUN as a threat. UFUN grew too big too fast and some governments are starting to take notice Utoken potential threats to the establishment.
3] For a digital currency to be successful, Utoken needs to be circulated across the public through M2M or O2O which was the original concept of Utoken
4] However in UFUN we found that UFUN members are the only one holding the Utoken and most just kept it for investment purposes, hoping that Utoken will rise in price and split and made a killing from the price increase..Utoken became a close society product of which people outside of UFUN are not interested in
5]UFUN recognized this trait months ago and had been in talks with China Pride Group to set up Utoken Exchange and 10,000 Ustores Chain throughout China, all accepting Utoken. In June, next month we will be in Chengdu, China to witness the Grand opening of the first Ustore Chain.
6] Regarding Pre IPO shares, UFUN will be converting all of our Utoken to Pre IPO shares and some membersmight not be happy about this scenario. I think UFUN wants to transform, the main reason being able to provide all members a long term sustainable business model where we can transfer our funds directly to the issuer of these Pre IPO shares
7] After our Utoken are converted to Sulawesi Nickel Mine pre IPO shares, there will be many more billion dollar projects pre IPO shares in the pipeline….the mother of all these projects will be a new township being developed in a Third World Country…
I cannot revealed the country for now but we have invested $100,000 to produced video of this Gigantic project…we will be there at the MOA of this project and will be rubbing shoulders with the Prime Minister and Generals on stage…
aaand saving the best for last, finally this:
Attack Of The Crazies!! translated it just means everybody’s utokens just became worthless junk, and no payments will be forthcoming.
and hey where have i read that phrase “Ponzi Pimp” before? 🙂
facebook.com/UtokenLatestNews/posts/1620802938136121
I can think of 2 explanation.
1. This UFUN is connected to much more serious case of money laundering. If the Malaysia Police is to investigate, the whole country will be at stake.
2. If the Malaysia Police is to investigate UFUN, which mean they will also need to investigate UMartin which as you posted before has connection with the Royalties.
1. China has made over 10 uFun arrests. Nothing is being developed by uFun Club is China.
2. Nobody except uFun Club affiliates will ever use uTokens. The world at large isn’t interested in Ponzi schemes.
3. If uFun Club was legitimate to begin with, they wouldn’t need to be addressing these “problems”.
4. Pre-IPO shares are just Ponzi points. uToken was nothing more than Ponzi points so not much is changing.
5. I’m gunna go with Vanuatu because the bank connection. If not Vanuatu then another poor pacific nation uFun Club can buy access in.
Mind you no village is being set up, all they’ll do is use the nation to launder funds through (small nation = don’t ask, don’t tell policy).
6. Men of integrity don’t flee and then hide out in basements making YouTube videos. Men of integrity clear their names.
7. But but but Sagajuta just publicly denounced uFun Club the other day.
And the second China Pride Group (no idea who they even are) gets mentioned in the media, they’ll do the same.
boss, that talk of 020 [online to offline] marketing makes me think it will be umatrin going to china. i’m not sure, but i think, umatrin has been planned to takeover when ufun petered out.
lets see who, if at all, turns up in chengdu, china next month.
They are doing it under the table. The big guys have to find an angle to spin it so they remain clear of the splash zone.
Nazimuddin had done so, even found an old police complaint (makes you wonder if it’s backdated?) but the circle is getting bigger and now involved other Malay royals.
IMHO, they’re still treading on eggshells, unlike Thai police who’s basically grab them all and sort them out later.
Latest from JusticeAlwaysLate: UDBP Bank is not a bank, and some even claimed to be an “investment institute” (?!) and definitely NOT licensed to operate in Thailand.
Two high level officials Kevin Lai (Malaysian citizen) and Yang Yuan Zhao (Chinese citizen) were arrested and put on 12 day custody hold for interrogation.
Others in UDBP were arrested and at least three Chinese citizens were found to not possessing work permits and are held for immigration charges.
According to latest news, Deputy Commander of Thai National Police Chakthip Chaijinda has formed a special taskforce comprised of computer experts, forensic accountants, and diplomatic personnel to get to the bottom of this, as they have enough from UBDP’s computers to show that victims of UFUN was spread around the world including Thailand, Malaysia, Vietnam, Vanuatu, and China.
And the Prime Minister is asking for daily updates, and had swore to support the police to track down all culprits, and “not to worry about your operation being interfered with by any one in power, just get to the bottom of this case”.
Is it too early for me to say that a “prince of thailand” also was spotted with other scammers ?
Just in case if the Malaysian royalties want to pay back to the Thai royalties 😉
realscam.com/f8/dream-one-investment-hyip-ponzi-scam-2736/#post63847
That’s the problem when you have royalties… They are just people like any one else, some will be good, others, not so good.
I’m wondering if this parliament guy is being sarcastic, as he suggested that Malaysian government do a more formal protest against the Thai Now26 program that linked Nazifuddin to UFUN
mykampung.sinchew.com.my/node/360733 (In Chinese)
New uFun article will be up shortly. Got a bit to go through and research. Standby…
edit: And we’re live – https://behindmlm.com/mlm/regulation/ufun-club-financial-fraud-uncovered-daniel-tay-flees/
great. now thai police can build their multi national case to crank things up and get interpol involved.
1. UFun blacklisted by Malaysia Central Bank, search bnm.com.my
2. Vanuatu bank not governed under AMLA nor recognized internationally BUT collecting US Dollar which is strictly governed under AMLA. Why don’t play with Thai Bhat, MYR or RMB ?
3. The Bible disapproved work of evil ~ greed !
4. Everybody will become millionaire Ponzi, there’s no guarantee and as it bursts will kill millions too !
5. Where is the billion dollar audited account, why no publish (same system as unit trust investment)?
6. Which body regulated this system?
7. What is the qualification entry of these Ponzi men in Asia trying to dominate the world by using USD?
8. Why the INTERNATIONAL POSTER BOY GENERAL OF THAILAND UFUN DISAPPEARED instead of facing the truth to confront/sue Thai authority?
9. IF HEAD OFFICE ALREADY CRACKED DOWN, network across the world still functional to allow the up lines to recruit/recover their investment by killing new investors???
Wake up time, darling !