World Affairs - 世界形势 - 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: World Affairs - 世界形势
Forum Description: Learn what's going on in the world. - 了解天下大势，掌握时事动态。
URL: http://www.forum.ol.sg/forum_posts.asp?TID=9240
Printed Date: 16 May 2024 at 8:14pm
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Topic: The Guo farm is a financial scam

Posted By: Poison
Subject: The Guo farm is a financial scam
Date Posted: 13 Mar 2024 at 3:48pm

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.