Originally Syndicated on June 17, 2023 @ 12:03 pm
The motivational nudist movement member Brendon Yong Weng Siang has been charged with orchestrating a Forex scam. Let’s have a deeper look at the article ahead.
About Brendon Yong Weng
Businessman and forex specialist Dato Dr. Brendon Yong Weng Siang is the founder and CEO of BigBrainBank Malaysia, the top platform for online trading. The world’s leading authority on foreign exchange, according to Brendon Yong Weng Siang.
Brendon Yong Weng Siangdon’s company convinces people to invest in his business by portraying it as a method to make a ton of money right away through the use of a fictitious distant trade expo.
As a result, there are daily exchanges of financial assets between several traders on this market. Dato Dr. Brendon Yong Weng Siang has likewise achieved success as a self-made tycoon by utilizing this truth. He asserts that he is currently one of the most compelling individuals in this cutthroat industry.
BigBrainBank
The evil Dato Dr. Brendon Yong Weng Siang is to blame for BigBrainBank’s global success. Dato Dr. Brendon Yong Weng Siang promotes himself as an independent billionaire and professes to be an expert in the financial markets, as I already indicated.
He asserts that he has a thorough understanding of the benefits of becoming a forex trader today due to his extensive expertise in the modern trade business.
To make it simpler and easier for everyone to become a dealer in the foreign exchange market, Dato Dr. Brendon Yong Weng Siang has developed a series of courses to improve the students’ trading knowledge and skills.
But the main query is whether these slot machines actually help traders or if their purpose is only to rob them of their money.
Brendon Yong Weng Siang’s BigBrainBank makes the case that it is the most trustworthy platform for AI Forex Trading. This platform is deserved its reputation as the most reliable because it offers you individualized support through an AI advisor.
By providing you with evaluations of all kinds, it enables you to make precise selections that ensure you make money the majority of the time.
Brendon Yong Weng- Involvement in a Forex scam
Dato Dr. Brendon Yong Weng Siang and his trading company deceive individuals in order to get them to invest money in their trading company. I’d also like to let you know that his company is not allowed to operate in the trade industry.
Numerous analyses have debunked the false impression of Dato Dr. Brendon Yong Weng Siang and his trading company. Here are some testimonials I’m sharing with you all to assist you in evaluating Dato Dr. Brendon Yong Weng Siang’s personality and business acumen.
In the paragraph that follows, the reviewer admits that the trading firm run by Dato Dr. Brendon Yong Weng Siang is dishonest.
He has seen that overnight interest rates can spike by more than $300 USD. The important thing to remember was that the customer only used 0.01% of the batch. This struck him at Tradesto at the beginning of 2020. He asked the broker to transfer ownership to the bank. How did overnight interest on a 0.01 lot grow to more than $300 USD?
Because this broker was primarily active in Malaysian institutions and first sought after undergraduates, it needed to be treated carefully. They use the businesses CK Limited and the Big Brain Bank of Dato Dr. Brendon Yong Weng Siang as hooks to draw customers to Tradesto, their cooperative broker. The Big Brain Bank of Dato Dr. Brendon Yong Weng Siang, CK Limited, and Tradesto were among the entities this source advised us to avoid.
The comment was delivered on Friday, according to current press reports and video, by Comm Datuk Mohd Kamarudin Md Din, deputy director of the Federal Commercial Crime Investigation Department (CCID). He also mentioned that during a series of operations in the Klang Valley on Tuesday, Jan. 5, police detained 22 Malaysians and two foreigners.
The police also seized a Toyota Vellfire, a Ferrari F430, a McLaren exotic car, three Mercedes Benz, a McLaren exotic car, 22 mobile phones, one tablet, ten laptops, one computer, one hard drive, 14 books on forex investments, 1,000 fake $100 bills, 10 real $100 bills, 15 ATM cards, nine luxury watches, seven gold bars suspected of being fake, and eleven branded handbags and jewelry.
Investigations, according to Mohd Kamarudin, showed that the ring had been operating for more than two years and had been tricking people by peddling software that allegedly analyzed the state of the FX market.
The question at hand is if Dato Dr. Brendon Yong Weng Siang might also be a part of the network that is connected to other fictitious figures. everything do you think of Dato Dr. Brendon Yong Weng Siang now that we have reached this point and you are aware of everything I have previously told you about him? Let’s move on to his more accusations.
Some other allegations made about Brendon Yong Weng
According to reports, Dato Dr.Brendon Yong Weng Siang attended the Nude Motivational Camp.
Four participants in a motivational camp program, including a woman, entered a not guilty plea in the Bentong Magistrates Court today in response to allegations that they encouraged pornographic behavior at a resort in Bukit Tinggi, close to Bentong, in January.
As soon as the accusation was read before Magistrate Khairuddin Anhar Mahmud, all the accused—Brendon Yong Weng Siang, 25, Yong Kar Men, 25, Chin King Hon, 25, and Gan Wee Hon, 26—made the confession.
The charge sheet states that every defendant was accused of encouraging lewd behavior on the playing field at Selesa Hillhomes Resort in Bukit Tinggi at 5.30 p.m. on January 21.
The 59-year-old Rozzana Chung Abdullah, the chairman of the local resident’s committee, is said to have been irritated by the act and worried about how it would affect the neighborhood’s women and children.
All defendants are charged in accordance with Sections 294(a) and 109 of the Penal Code, which, if found guilty, carries a maximum punishment of three months in jail, a fine, or both.
On the same day, time, and location, two additional motivational camp participants, Cheong Zhe Hou, 23, and Zoey Chai Yuen Fei, 21, entered not guilty pleas to identical allegations in different proceedings.
All of the defendants were given permission by the court to post bail for RM2,000 each with one guarantor and turn up their passports until the conclusion of the trial.
The court scheduled a case recount for this coming June 30.
All of the defendants paid bail after being represented by attorneys Vivek Sukumaran and Jhaimal Singh Korotana. Nor Asyikin Nor Azhar, a deputy public prosecutor, was in charge of the prosecution.
After pleading guilty to being naked and aiding the act, 28 participants at the motivational camp were each given a fine of RM1,500 on May 17.
After pleading guilty to charges of aiding the conduct, five further organizers, including a coach, were each fined RM3,000 and sentenced to a month in jail beginning on the day of their detention on January 22.
Brendon Yong Weng Siang: Is he displaying his Fake Personality?
Well, after learning more about his business and social circle, I do believe that he is indeed using fake PR to repair his damaged reputation. Brendon Yong Weng Siang is utilizing his expertise to defraud others who are unaware of him and his entrepreneurial ventures. I can provide you with a number of links where he is attempting to advertise his Forex trading company, BigBrainBank while also attempting to establish himself as the greatest Forex exchange specialist.
https://www.newsinheadlines.com/dato-dr-Brendon Yong Weng Siangdon-yong-weng-siang/
https://www.newssamachar.com/Brendon Yong Weng Siangdon-yong-weng-siang/
https://www.tumblr.com/bigbrainbank?redirect_to=%2Fbigbrainbank&source=blog_view_login_wall
What is a sexual Assault.
Sexual assault is defined as the purposeful performance of a sexual act on another person without that person’s consent or the physical or verbal coercion of someone into performing a sexual act against their will. It is a type of sexual violence that encompasses rape (forced sexual penetration, no matter how little), child sexual abuse, groping, drug-assisted sexual assault, and sexually torturing someone.
Wrapping Up with some of the information on the Legal Actions to be taken against some of the Crimes in Malaysia
- Cheating
According to Section 415 of the Penal Code, cheating is defined as tricking, fraudulently, or dishonestly persuading another person to deliver any property to any person or to allow any person shall keep any property. Scamming any person falls under this definition.
Whether or not such deceit was the only or primary inducement, in this case, is unimportant for establishing an offense. A deception in the sense of this section is a dishonest concealment of facts. In addition, a contract breach alone does not establish an initial fraudulent purpose.
The penalty for cheating is either a fine or a term of up to five years in prison.
- Cheating and dishonestly inducing delivery of property
The Penal Code’s Section 420 addresses cheating and dishonestly procuring the delivery of property in more detail. Anyone discovered in violation of the aforementioned Section shall be subject to a fine, a term of imprisonment of not less than one year nor more than ten years, and a whipping.
