Wow 100,000 Malaysians invested in this so called Spore company. So it's a Ponzi scheme paying 5% interest every month. Anybody want to call these mudlanders stupid and greedy like what people call sinkies for investing in such Ponzi scheme?
http://www.stomp.com.sg/singapore-s...pore-after-allegedly-losing-135000#xtor=CS1-2
"One of the investors, a 36-year-old used car salesperson, told Shin Min that more than 100,000 Malaysians had made investments with the commpany, and may have suffered losses amounting to US$20 million.
She told reporters that most of the people in the group had started investing their money with the company in August 2014.
"At the start, everything seemed normal, and we could go online to check the returns on our investments every day. Initially it seemed like a profitable business, as we seemed to see profits almost every day and could earn interest of about 5 per cent in a month," she said.
It was not until April or May last year when problems started to arise."