Let's Analyse!
The Truth About 8-FOLD King - Mack Chong
转帖 - forwarded post
Recently there is a very HIT post in Chinese investment forum (link below):
http://www.investalks.com/forum/forum.php?mod=viewthread&tid=36039&extra=&page=1
It recorded a total 16k views and 4.3k replies in short time!
(not everyone is able to read the post due to points restriction, so I will be an ‘ant’ to copy the threads here)
Hope you are vigilant and cautious about this guy who claimed he had very good return in 2015 by investing in stock warrants - this is his Facebook profile (pic 1):
How powerful is he? He claimed that he achieved 10-fold (which is 1024 times) increase in capital in 2014 - to attract people to pay in 2015 for his course to be held after 3 years (2018)! (Pic 2)
More than 50 students have paid him for the course in 2018. However, few students have tried to expose him and claimed back the course fee but they were blocked / kicked out from his facebook study group. More than 20 out of the remaining 40+ students have stood together demanding for refund of course fee. At the same time expose the truth to the public.
Futhermore, he concealed the truth from the facts in order to raise funds from other people for him to invest/manage. According to the source, he managed to raise more than RM 1mil (since 2015) from investors. For the past one year, more and more investors get to know his real ‘capability’ and the truth, thus demanding for return of capital. Latest development is that he used all sorts of excuses to delay returning capital to investors.
Everyone needs to know that illegal fund raising is illegal and violation of law - highest penalty is fine of RM 10mil or 10 years jail time or both.
Please help to spread this info to avoid people from falling into his trap.
I will continue to provide update based on information posted in the forum, so that we know the whole thing the ins and outs.
(link for chinese post: http://klse.i3investor.com/blogs/bukithot/114381.jsp )
More articles on Let's Analyse!
Part 3 - 8-FOLD King - Illegal Deposit Taking & Excuses to Refund
Created by bukithot | Jan 24, 2017
Discussions
Be the first to like this. Showing 34 of 34 comments
a lot of con man, just in the stock market a few years, can become gurus?
2017-01-22 00:12
Ya. Duit tak jatuh dari langit. Fikir betul betul sebelum invest. Ini serupa skim cepat kaya?
2017-01-22 14:30
malaysian is so innocent..that's why there are so many forex and money game schemes
2017-01-22 14:30
royal venture and ylh cheat many in penang,and yet those idiots dare not report to police
2017-01-22 21:42
unfortunately I think I know this guy. he did make some good profit last time trading call warrants and has been boasting about his results. I think his group he invited some famous sifus into his group for free and tricked other students into joining for a fee
2017-01-22 23:49
my friend invited me along for one of his free preview. fundamentals very shaky, some more got talk feng shui, I ching etc. that time I just assumed he was good in technical, but now seems like he was just lucky back then
2017-01-22 23:51
well.....no sifu will give definitive testable forecasts with proper time lines
They all boast about the past and final decision is yours.
2017-01-23 00:08
why so many of you bombard Calvin. I found his analysis very sound . Market is not easy to predict. You have to do your own homework , Timing is very important. Calvin. you are giving us very constructive suggetions. I salute you and do not be disheartened by those empty barrels...... haha ... Keep it up Calvin
2017-01-23 00:29
Posted by cnyang > Jan 23, 2017 12:29 AM | Report Abuse
why so many of you bombard Calvin. I found his analysis very sound . Market is not easy to predict. You have to do your own homework , Timing is very important. Calvin. you are giving us very constructive suggetions. I salute you and do not be disheartened by those empty barrels...... haha ... Keep it up Calvin
Thank you!!
The market is dominated by con man & syndicates!
80% of the people also love to gamble in the stock market.
So true investors are marginalized & slammed down & laughed at.
i3 forum must have true investors to defend for the truth.
Or else we will end up like investlah forum when all will be conned & the people drop off one by one after going bankrupt by works of conman leading sorchai to holland!!!
2017-01-23 00:45
Obviously John Lo you are the one low life here, degrading other people like that.
2017-01-23 02:32
Refund? Are you joking ? There is no refund declaration earlier.It's immoral as him to ask for refund!
2017-01-23 10:49
just buy JCY to recover your fees....don't waste your energy on harping historical mistake.
2017-01-23 10:52
I also want to learn from him but notice the program happen on year 2018.
I stop inquiry the program further.
2017-01-23 16:11
wait he feel his 良心 stiil in the place and maybe there is a chance for refund, hahaha
2017-01-23 18:34
Link to Part 1 (chinese) : http://klse.i3investor.com/blogs/bukithot/114400.jsp
Link to Part 1 (english) : http://klse.i3investor.com/blogs/bukithot/114384.jsp
Link to part 2 (chinese): http://klse.i3investor.com/blogs/bukithot/114381.jsp
Link to part 2 (english) : http://klse.i3investor.com/blogs/bukithot/114512.jsp
Link to part 3 (chinese) :http://klse.i3investor.com/blogs/bukithot/114513.jsp
Link to part 3 (english) : http://klse.i3investor.com/blogs/bukithot/114597.jsp
2017-01-24 22:25
Part 4 - 八番王的真面目: 几十万的亏损 http://klse.i3investor.com/blogs/bukithot/114602.jsp
2017-01-24 23:00
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BREAKING NEWS!!!
Tin kosong Flying Chicken Head talk nonsense holland no 1 sifu Calvin rank 151...how many ppl participate in 2017 stock pick? Is 170 ppl mean he is bottom 20....haha...shame like no tomorrow
151) calvintaneng +3.0% http://klse.i3investor.com/servlets/pfs/71329.jsp
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2017-01-21 23:36