uFun Club @ BehindMLM

After touting free airfares and publicly inviting members of the Thai media to attend a uFun Club press-conference today, “abruptly” the event has now been cancelled. The event, to be held in Kuala Lumper with Daniel Tay (aka Tay Kim Leng) speaking, was supposed to be an opportunity for uFun Club management to prove that uFun Club wasn’t [Continue reading…]

More bad news for the uFun Club faithful, with Thai police at a press-conference today estimating that a staggering $1.17 billion USD has been lost in the scheme. Some of that money will have been withdrawn by early investors, $7.7 million has been seized by Thai police but the rest of the funds remain unaccounted [Continue reading…]

These days it’s getting more and more difficult to relaunch scams once your name is out there. What with the speed with which news travels these days and just the sheer volume of information available to anyone with an internet connection, serial scamsters have to go to increasingly sophisticated lengths to launch their schemes. Take for [Continue reading…]

Much nonsense has come out of the uFun Club camp these past few days, with claims on social media alluding to the dropping of the investigation currently taking place. The claims, largely made on social media, primarily attempt to plant the seed that the Department of Special Investigation (DSI) are going to drop the uFun [Continue reading…]

Whereas most uFun Club investors are still living in denial or worried that the company will terminate their accounts if they speak up, nearly 50 investors in Thailand have now filed complaints with police. At the time of publication, over 80 uFun Club investors have come forward to report combined losses of nearly $700,000 USD.

Whereas uFun Club was initially thought to have been a $307 million dollar Ponzi scheme, new estimates have raised that figure to a staggering $618 million. And that figure is expected to rise as authorities continue to investigate the scam.

Following a warrant issued for the arrest of retired General Athiwat Soonpan and his wife, news today that another uFun Club executive has been arrested. The latest executive of UFun Store arrested today was Ms Namanaphan Tarabundit. She was arrested in Nong Khai while trying to flee into Vientiane. Vientiane is the capital city of [Continue reading…]

Following the arrest of four uFun Club insiders last Friday, three Malaysian nationals and one Thai national remain at large. They, along with other uFun Club insiders are believed to be currently hiding out in Malaysia. Arrest warrants have been issued for the three Malaysians, Tae Kim Leng, a shareholder and director, Lee Kuan Ming, [Continue reading…]

The uFun Club saga continues, with arrest warrants issued for Athiwat Soonpan and his wife. Soonpan was a familiar figure on the uFun Club promotional circuit, with his image frequently used to create the illusion of legitimacy. With ties to the military, the implication was that through Soonpan, uFun Club had the approval of the Thai [Continue reading…]

Following the arrest of several key uFun Club insiders last Friday, we’ve been tracking a flurry of social media activity across the internet. After the standard Ponzi calls of calm and quiet subsided, we then began to see disturbing misinformation flood uFun Club investor haunts.