How can people be that stupid when it comes to money?
‘Police officials on Wednesday said that they had arrested four Taiwanese fraud suspects for allegedly promising high returns on property investments in Malaysia.’
'… adding that about 300 people invested a combined NT$1 billion (US$32.36 million).’
'The suspects had brochures and online information presenting themselves as “ANB & M101 Group,” while Lee said that he had a good relationship with M101 Group founder and chief executive officer Datuk Seth Yap Ting Hau, Chang said.
ANB advertising and brochures promoted investment in M101 Group projects for new four-star hotels, tourism properties and residential towers, Chang said, adding that they claimed to be able to gain annual returns of 348 percent.’