On Thursday (Nov. 7), police arrested 10 people involved in British company Financial.org Taiwanese branch.
As reported, police could not arrest all executives of Financial.org Taiwan branch, some fled the country and wanted by the police. According to our source, Financial.org is suspected in Ponzi scheme fraud, where investors who started earlier benefit from financial receipts of new coming investors.
Approximately 2,000 investors victimized by the British company in Taiwan only. According to our information investors’ losses start from $3000 up to $10 mln. Some investors admit they were tempted by high rates of interest, fancy gala-dinners and promotional events.