Maxim Trader Members Arrested In Singapore

Maxim Trader ReviewAll around the internet, Maxim Trader has been getting lots of buzz.

It would not surprise me if you told me you’ve heard of it, or someone has pitched it to you.

It’s also really popular on social media.

This first thing you should know is that I am NOT an affiliate or distributer for Maxim Trader.

Is Maxim Trader truly a scam?

Can you build a solid business with Maxim Trader?

I have gathered all the details about Maxim Trader so you can make an informed decision.

I’ll tell you everything you need to know in my Review Of Maxim Trader.

Let’s get started.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

What The Heck Is Maxim Trader?

The MLM underbelly is one that adapts and changes at a rapid speed, and right now, the current rage is with those that pretend to operate in the space of cryptocurrency.

This current trend is still going strong, and a few years back, one of the most popular ones was that of forex schemes.

Maxim Trader was one of the last big forex opportunities to launch, and it’s big draw was a monthly ROI you could earn up to 8% by simply investing between $5000 and $10,000 into the company.

In addition to this ROI, affiliates for the company were told that they could earn commissions by recruiting other people into the opportunity to do the same thing.

The main area of operation for Maxim Trader appeared to be the of Malaysia, but there were also ties to it for shell companies that existed in New Zealand and Seychelles.

Maxim Trader first launched all the way backing the middle of 2013, but a couple years later in 2015, the company collapsed.

During this time, it was estimated that over $5 billion USD had been lost among 50,000 different investors across Australia, Hong Kong, Japan, Malaysia, Singapore, South Korea, and Taiwan.

Maxim Trader Scam

After some further investigation, it was discovered that Maxim Trader was being run by three individuals from Singapore — Andrew Lim Ann Hoe, Goh Seow Mooi, and Chin Ming Kam.

Thankfully, some justice was finally served.

On Tuesday, January 9, 2018, all three of these individuals were met with legal charges:

“On Tuesday, the court heard that Lim is also accused of causing Maxim Capital Limited to carry on a business of fund management without holding a capital markets services license granted by the Monetary Authority of Singapore.

He intends to plead guilty to his offenses and will be back in court on Jan 24.

Chin and Goh allegedly carried on a business of leveraged foreign exchange trading without holding the same license. Their cases have been adjourned to Jan 23.”

A conviction has yet to go through, but if it does, Lim, Chin, and Goh will all be faced with a fine of $200,000 and prison sentence up to as much as five years.

Unfortunately, it’s unclear where in the world that $5 billion has gone. Shortly after the collapse of Maxim Trader in 2015, it was said that this money was just “gone.”

I find it hard to believe that $5 billion just up and leaves like that, but it’s uncertain if we’ll ever get closure about this.

In any case, at least the folks responsible for all this are finally paying the price they deserve.

 

So, Is There A Maxim Trader Scam Going On?

Have you heard that Maxim Trader is a scam?

It’s hard to tell if this is true or not, because a lot of people are just trying to sell you something.

So, from reading this, is Maxim Trader a scam or is it legit?

I would say not exactly, but there are a few things to watch out for, find out what in the conclusion.

Learning about these things will make you successful – and see below for my FREE training on how to market yourself.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Finally, My Maxim Trader Review And Conclusion!

 

Did you find this Maxim Trader Review useful?

I wanted to gather all the details for you, because I have noticed other Maxim Trader reviews have been scant on details.

If you decide to proceed with Maxim Trader, I want you to be successful.

Get my free training that teaches you my methods.

 Name: Email: We respect your email privacyEmail Marketing by AWeber 

Speak Your Mind

*