THE BEGINNING OF THE SCAM

GCG Asia Scam was not an overnight idea. The Money Laundering Syndicate has carefully plotted and selected Darren Yaw. Darren Yaw was happy to be selected as he see this as a salvation for his need to live a  luxurious life.

GCG Asia Dato Sri 丘富豪真的在监牢里做富豪,看他一身造型就知道日子过得很好。当初全世界包括你,都知道我们是老千,是Money Game.。

Penipuan GCG Asia

WE ARE COMING FOR YOU. LET’S SEE HOW MANY OF US CAN YOU SILENT.

 

DATO SRI DARREN YAW

THE BEGINNING – 2008 – 2009

Darren Yaw saw Forex as a quick way for quick money. His quest to make money regardless started as early as 2009. Fortunately for us, he left behind a huge digital footprint for us to track, and it was not difficult to find out about his involvement with Forex trading.

Unfortunately, Darren Yaw never had and was unable to develop any winning attributes and traits of a successful trader. He does not have the intellect nor characteristics of a forex trader.

We have located some of the reviews he had from his earlier days. His earlier brush was selling indicators, trading EA (Expert Advisors). We have no access to what EA he was selling, but given EA reselling in 2008 to 2009, he probably bought some cheap EA online and resold it at RM3,000. His tactics of over promising, with no knowledge of the product can be seen as early as in Star Forex Days.

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DATO SRI DARREN YAW

STAR FOREX ENTERPRISE

Besides marketing a Forex EA without knowledge on how the EA was written, Darren Yaw was hoping to set up a consultation firm, specializing in forex education and consultation. We found a request of his posting, seeking for freelancers to develop a website for his company.

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DATO SRI DARREN YAW

STAR FOREX ENTERPRISE 2010

We were unable to find any positive reviews about Star Forex Enterprise. It probably did not take off much at all, hence lacking digital footprints. But we did find Darren Yaw’s personal posting.

One very interesting fact about the personality of Dato Darren Yaw is this. He has the capability of convincing himself that he is an angel, a true financial advisor, and anyone who is up against him, he will try to win them over by humiliating them. Reason for doing so, he has been humiliated all his life and this is the only thing he knows how to do.

You can see this reoccurrence in April 2019, where a group of investors, took their unhappiness and boycotted in Jarkata. He immediately hired a lawyer and held a press conference, and came up with a new story of how GCG is obtaining the necessary permits.

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DATO SRI DARREN YAW

MERCXYZ ONE FOREX

Darren Yaw was also involved with Mercxyz One Forex Scam. We are really not sure how did this scum, managed to be recruited from forex scam to forex scam without being caught.

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DATO SRI DARREN YAW

GSM FINANCIAL GROUP 2014

After struggling for a few years, not heading to anywhere and some other failed businesses,  Darren Yaw was enticed into the lucrative bigger scams. Welcome to the world of Forex Scam. Fake trading, Ponzi, multilevel investors scams.

GSM Financial Group, was estimated to have scammed no less than US 6 billion dollars all over the world.

GSM Financial Group markets itself as a foreign exchange agency licensed by the Australian Securities and Investments Commission, with offices around the world.

It appears to be a typical pyramid scheme. Investors—with a minimum investment of $2,000—are guaranteed a monthly return of 8% in 18 months, and another 8% commission from the “downlines” they develop, reported the Guangzhou-based paper Yangcheng Evening News in April (link in Chinese).

GSM has bilked an estimated 40 billion yuan ($6.2 billion) from investors across the country since it began appearing at financial expos in April 2014. The police launched an investigation into GSM a year later. The operation cannot be found at the Shenzhen address it used to register with the State Administration for Industry and Commerce (link in Chinese).

https://qz.com/576389/a-banner-year-financial-scams-in-china-nabbed-at-least-24-billion-in-2015/

The images are lifted from Darren Yaw’s personal Facebook. He realized that angry investors are lifting photos and evidence of his past from his private Facebook and he has changed his privacy settings. But these images were lifted from his website before he noticed we were already watching him.

Interesting enough, GSM Financial Group’s tactics of using lavish gifts to motivate uplines or leaders, to scam more, was also later seen in GCG Asia tactics. This surfaced at about September 2019.

GCG Asia was giving out Rolex, BMW cars and houses for leaders that are able to reach their “sales quota” of scam victims.

There is actually a lot of similarities in terms of tactics and scam methods used.

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THE BIRTH OF A NEW SCAM

GCG ASIA 2018 / 2019

When GSM Financial Group was apprehended by legal law enforcers, the syndicate needed a new face, a new scam, and a new name. GCG Asia, also known as Guardian Capital AG, become the new scam.

Very interestingly, there are few fixed protocols of scamming syndicates. Firstly, choose a name that can be easily mixed up with a proper company. This will cause confusion when new investors try to read up about it.

Guardian Capital AG is the scam. There is also another company, which is a listed company known as Guardian Capital Group. Guardian Capital Group is headquartered in Toronto, Ontario, Canada, and became publicly listed on the Toronto Stock Exchange in 1969.

Any new investors, when they Googled Guardian Capital between the period of Jan to April of 2019, only information of Guardian Capital Group will be presented to them. This is before websites condemning GCG Asia was born. Darren and his money-laundering syndicate knew they had a good head start in this game.

With his bought titled of Dato Sri (D.I.M.P) in 2013, and all his fake education credentials, he knew he had a higher chance to use his social status as leverage.

Fake certifications, fake awards of GCG Asia as a broker were brought into a temporary office for GCG Asia. He needed a front and a good front to start the scam.

FAKING AWARDS AND TROPHIES

A naked office with no credentials and trophies is boring. Investors need to have a wow factor when they step into the office. Darren Yaw is well aware of this. After trying to be a scammer for more than a decade, he knew and understood what was required to charm investors. He understood the basic logic, birds with the same feathers flocks together.

In order to make charm investors, you have to show them your riches, your winning credentials, you are a safe company to invest in. That is scamming 101.

However, it is also a flaw in Darren Yaw, that he is not a man of fine details. He does not pay attention to what we do.

Any awards or trophies issued by any regulatory body for Forex and Financial institutions, regardless of agencies, will have their logo or company name on the awards they issue. After all, these regulatory bodies or websites that give the awards, wants to be recognized too. What is interesting about his award is this. It had no credentials at all. No issuing logo. 

Who issued these awards? Or did Darren Yaw made up this award? How could GCG Asia has won awards for 2017 and 2018, if it was only founded late 2018?

This is the first lie and first fake GCG Asia had.

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THE BIRTH OF A NEW SCAM

GCG ASIA 2018 / 2019

When GSM Financial Group was apprehended by legal law enforcers, the syndicate needed a new face, a new scam, and a new name. GCG Asia, also known as Guardian Capital AG, become the new scam.

Very interestingly, there are few fixed protocols of scamming syndicates. Firstly, choose a name that can be easily mixed up with a proper company. This will cause confusion when new investors try to read up about it.

Guardian Capital AG is the scam. There is also another company, which is a listed company known as Guardian Capital Group. Guardian Capital Group is headquartered in Toronto, Ontario, Canada, and became publicly listed on the Toronto Stock Exchange in 1969.

Any new investors, when they Googled Guardian Capital between the period of Jan to April of 2019, only information of Guardian Capital Group will be presented to them. This is before websites condemning GCG Asia was born. Darren and his money-laundering syndicate knew they had a good head start in this game.

With his bought titled of Dato Sri (D.I.M.P) in 2013, and all his fake education credentials, he knew he had a higher chance to use his social status as leverage.

Fake certifications, fake awards of GCG Asia as a broker were brought into a temporary office for GCG Asia. He needed a front and a good front to start the scam.

FAKING AWARDS AND TROPHIES

A naked office with no credentials and trophies is boring. Investors need to have a wow factor when they step into the office. Darren Yaw is well aware of this. After trying to be a scammer for more than a decade, he knew and understood what was required to charm investors. He understood the basic logic, birds with the same feathers flocks together.

In order to make charm investors, you have to show them your riches, your winning credentials, you are a safe company to invest in. That is scamming 101.

However, it is also a flaw in Darren Yaw, that he is not a man of fine details. He does not pay attention to what we do.

Any awards or trophies issued by any regulatory body for Forex and Financial institutions, regardless of agencies, will have their logo or company name on the awards they issue. After all, these regulatory bodies or websites that give the awards, wants to be recognized too. What is interesting about his award is this. It had no credentials at all. No issuing logo. 

Who issued these awards? Or did Darren Yaw made up this award? How could GCG Asia has won awards for 2017 and 2018, if it was only founded late 2018?

This is the first lie and first fake GCG Asia had.

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FAKING A LICENSE

GCG ASIA VS DUKASCOPY

Beside registering themselves with ASIC Australia, they needed something more convincing. A big bank that will endorse them. Getting such an endorsement will not be easy. But paying money, to fake it, would be an easier way.

LET’S START FAKING DUKASCOPY LICENSE

If a picture can tell a thousand words, imagine what a promotional video can do? The first digital footprint left deliberately, was done by Elvin Tey, supposedly the CEO of MJ Health Malaysia. He posted on his private Instagram, that he was flying to Geneva to show proof GCG Asia was flying to Geneva for an official signing ceremony with Dukascopy. And following his first post, he had a second post, showing a photo of himself with someone, and tagged as Dukascopy CEO.

And of course, they ended the trip and paid for a promotional video that was done by professionals.

So starting from Elvin Tey’s Instagram, we started tracing.

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FAKING A LICENSE

GCG ASIA DUKASCOPY PROMO TOUR

Both Dato Sri Darren Yaw and Datin Dion Chow, and Elvin Tey (CEO of MJ Health Malaysia), and with some other investors, flew to Geneva, for what is supposed to be an official event of signing a partnership agreement between GCG Asia and Dukascopy. However, in the video, there is an identified man, who is supposed to be the CEO of Duskacopy at that point of time.

However, that unidentified man is not Dukascopy CEO, Mr. Andre Duka. Who is he? There are certain part of the video was filmed in Geneva, with some standard stock videos added. However, there are a few scenes in the video that has raised some eyebrow.

  • The hall that was used for signing of the agreement
  • The presentation hall with a video wall.
  • The reporters caught on camera, they were no in the appropriate exposure wear for the temperature of Geneva at that moment of time.

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FAKING A LICENSE

GCG ASIA DUKASCOPY PROMO TOUR

Both Dato Sri Darren Yaw and Datin Dion Chow, and Elvin Tey (CEO of MJ Health Malaysia), and with some other investors, flew to Geneva, for what is supposed to be an official event of signing a partnership agreement between GCG Asia and Dukascopy. However, in the video, there is an identified man, who is supposed to be the CEO of Duskacopy at that point of time.

However, that unidentified man is not Dukascopy CEO, Mr. Andre Duka. Who is he? There are certain part of the video was filmed in Geneva, with some standard stock videos added. However, there are a few scenes in the video that has raised some eyebrow.

  • The hall that was used for signing of the agreement
  • The presentation hall with a video wall.
  • The reporters caught on camera, they were no in the appropriate exposure wear for the temperature of Geneva at that moment of time.

At a later date when Dukascopy found out about the inappropriate name on GCG Asia’s marketing material, Dukascopy made an official announcement on their website.

27th Feb 2019 – First Announcement by Dukascopy
14th May 2019 – Second Announcement by Dukascopy

A faked Certification of Authenticity was also made. The strange thing about the certification is this. Both the CEO and COO names were wrong. This was a rather bad mistake they made.

 

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FAKING A LICENSE

FAKING THE FINMA LICENSE

Dato Sri (D.I.M.P) Darren Yaw needed a fake certification to be used in all his materials.   This was a dead giveaway. As FINMA is a reputable forex regulatory, and not an easy license to get, he decided to fake it. However, it was so badly faked, that an investor found a way to prove it.

Strangely, this FINMA license was quite poorly made, compared to other fake promos and licenses GCG Asia has made in the past. This FINMA license was edited in powerpoint and not done professionally with Photoshop.

This has allowed the author of the Youtube Video, using just Adobe Acrobat Professional, to decipher and how easily he can modify the certification and replace the logos on the certification.

FINMA Official Warning Notice.

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