This dude is the father of all fraud schemes. This is a lesson to us all, especially in an era where the world is so widely connected and people can literally set up so-called FinTechs anywhere in the worldand solicite customers from anywhere. The is especially rampant in a boom and slump era where people are flooded with liquidity and looking to grow their portfolio. Where’s there’s money there’s greed. 

There has been one too many cases recently. Owners just casually blame it on a rouge employee andsaid “Sorry, this guy made some bad trades and lost all your money and we cannot pay you back.” Who knows how true is that, who knows if the records are falsified, who knows whether this employee even exist. Such people should be heavily penalised once convicted, and shouldn’t be let off easily like due to grounds of technicality. They played with people’s life and should answer for it.