uFun Club @ BehindMLM

Amid mounting evidence that he was heavily involved in uFun Club, yesterday saw the Prime Minister of Malaysia’s son deny any involvement in the uFun Club Ponzi scheme. In a post published Wednesday afternoon, Mohd Nazifuddin (right) wrote It has come to my attention that my name has been linked to UFunStore Co. Ltd since the [Continue reading…]

Run a $1.17 billion dollar Ponzi scheme under the nose of Malaysian regulators… nothing happens. Uncover that the Prime Minister of Malaysia’s son is tied to the scheme, and watch a volcano of controversy erupt. Recently Thai news outlet Now26 covered a BehindMLM report linking Mohd Nazifuddin, son of current Malaysian Prime Minister Mohammad Najib Abdul Razak, to [Continue reading…]

Ponzi scheme funds are dirty money. Logically it follows that when invested in otherwise legitimate process, sooner or later the law is going to catch up and “claw back” the funds. After much fanfare and posturing of legitimacy, this is exactly what we’ve seen go down with uFun Club’s investment in Bina Puri condos. uFun [Continue reading…]

Following the revelation today that the Malaysian CEO of uFun Club has been apprehended in China, news today out of Thailand detailing an additional three arrests.

As part of an ongoing investigation that began back in September 2014, news out of China today that ten uFun Club suspects have been arrested. In addition to the arrests, Chinese regulators are also claiming to have seized bank cards, laptops and other electronic equipment, along with $4.1 million USD.

When uFun Club accountant Namonpan Thara-bundit was caught attempting to flee Thailand for Laos, she told police that she tried to quit the business after noticing alleged irregularities in UFUN Thailand and claimed she told UFUN Thailand members in her team of her suspicions. “UFUN Thailand management then got angry. My account at UFUN Thailand has [Continue reading…]

We’d heard rumblings of a meeting between Thai and Malaysian police supposedly taking place either earlier today or yesterday, but as of yet no further news had materialized. Speaking to Thai media from the Malaysian embassy in Bangkok, Counselor Fauzi Khan Ismail has announced that Malaysia is finally set to begin investigating uFun Club. About bloody time!

Everyone has to pay taxes… even Ponzi schemes. Yet despite telling their investors they were setting aside funds to do so, turns out uFun Club failed to pay a cent to Thailand’s Revenue Department.

News today that Thai police have made an eighth arrest as they continue to investigate uFun Club, an estimated $1.17 billion dollar Ponzi scheme. The 8th suspect arrested is Chotipat Wutthihpanpokin, who went into hiding following his attendance of the recent Gateway Klang signing event in Malaysia. Chotipat Wutthihpanpokin travelled to Malaysia on April 25 to [Continue reading…]

In response to the ongoing criminal investigation taking place in Thailand, top uFun Club investors in the US held a webinar to reassure their downlines that nothing is amiss. [6:15] Some of the stuff that’s been happening over in Thailand has had its ups and downs. I’m going to be very real here, starting out, [Continue reading…]