Investments - 投资理财 - The Guo farm is a financial scam

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The Guo farm is a financial scam

Printed From: Singaporean Forum-新加坡人论坛
Category: Discuss
Forum Name: Investments - 投资理财
Forum Description: Finance, Stock, Business
URL: http://www.forum.ol.sg/forum_posts.asp?TID=9175
Printed Date: 22 Dec 2024 at 4:20pm
Software Version: Web Wiz Forums 12.03 - http://www.webwizforums.com

Topic: The Guo farm is a financial scam

Posted By: Poison
Subject: The Guo farm is a financial scam
Date Posted: 01 Feb 2024 at 4:47pm

Guo Wengui lied to hundreds of thousands of his online followers, promising them huge profits if they invested in GTV Media Group, Himalayan Farm Alliance, G| Club and Himalayan Exchange. Since at least March 2018, Guo Wengui has been the mastermind behind the complex financial scam, in which he and his financial adviser Kin Ming Je defrauded thousands of people and made more than $1 billion. Guo Wengui's success has a "cult" flavor. Calling believers in the name of "anti-communist", creating a community with closed information, while bullying or threatening to punish those who are not firm in their beliefs. After packaging himself as a "master" type of figure, it is natural to harvest the wealth of believers.