In the past few months our hopes have been up and down in every sense of the word. UFUN has abandoned us members in Thailand and left us with shattered dreams or is all of this just folly?
Some months ago, we joined a company call UFUN located in Kuala Lumpur, Malaysia. It was a company that was promoting a new digital currency called Utoken, something like Bitcoin but different!
The company provided training to all members and prospective members on a daily, weekly basis throughout Thailand. We often had representatives from the home office to come and elaborate on the prosperity of UFUN. This also became evident as the numbers of members grew to 400,000+ world wide in 71 countries in just 18 months time. I also posted on my blog site (http://pv70pages.com),how successful UFUN had become. But, that was then and now is now!
UFUN promoted itself as an M2M (Member get Member) company with some products, bonus payments were made to those that were able to find new members and many members joined for this reason, they believed that they could make money and improve the lives of their families, also if you wanted to invest in Utokens, you could with a passive income investment mode meaning you did not need to recruit new members to make money, and this was all very good. Utokens were bought and sold on the Utokenkms.com platform, and the premise was that utoken never lost value and that was true. For months we made money in a passive investment as utokens continued to increase in value, this also applied to the members that made small investments. So, all active members prospered!
In all cases as the Utoken increased in value, our Utoken Reserve retained its intrinsic value, and our Utoken value was equated to our profits, and this differential created our Tradeable Utokens, which could be sold and the moneys withdrawn at 70% as 22% was used to buy additional Upoints or Utokens on the trading platform, and the remaining 5% was collected by UFUN the company.
UFUN was a money making company in the following ways; (1.) when you purchased one of their packages they always took a percentage of the investment and purchased Mineral Water which they claimed to donate to various charities, and this was very well publicized. (2.) When you bought or sold Utokens they would take 5% when they transferred the funds to you as mentioned above. To be noted they only allowed funds to be transferred 2 times in a month, always taking 21 days to reach your Bank (3.) There was also a charge when you wanted to transfer your Utokens, Investment points, or other points to another member (4.) lastly, we are not allowed to withdraw our total investment funds from UFUN or close out our accounts.
In April of this year the Thailand Police raided UFUN Thailand, and many stories have evolved and this case is on-going, of which I will not elaborate!
Resulting from the above Thailand Police Investigation, all UFUN activities in Thailand have frozen, we have members that have spent months in jail, and our up-line members have vanished from the scene, leaving us members in an anxious state of mind, wondering what has happened to our investments. For those members that were attempting to improve their financial worth, they were chastised by the police and accused of running a ponzi scheme, yet 99% of the members had no idea what a ponzi scheme is! And I suppose in Thailand where under the New Government which promotes “Thai Happiness” they do not realize that they shattered the dreams of over 100,000 Thai Members.
No matter what we do to contact the company, it is virtually impossible, we have even been told not to cause any waves due to the Police investigation, and what we are doing is bad for the members! What could be worse?
UFUN Company in Malaysia have now re-branded itself and now it is called UNASCOS, and once again they have started with a new platform, trading points, selling packages and promoting great profits for the new investors, yet, they provide us (existing members) with no updates of any value, especially concerning our UFUN Investments, and the investments I am talking about are in the Millions of USD$.
The CEO of UFUN/UNASCOS continues to promise all will be well, he promises that no member will loose any money, yet he does not allow for us to withdraw our investments, and this is the cause for grave concern! Further, the UNASCOS is telling us that the company is going into an investment IPO with a certain Nickle Mining operation in Indonesia and they are scheduled to be listed on the Australian Stock Exchange later this year! All of which sounds good, but not realistic! The Motto is “JUST WAIT, WE WILL ALL MAKE MONEY”
When I see this happening to us, and now it is starting again, where the new members in UNASCOS are making money and the original UFUN members are not included, yet they are holding our money, this leads me to believe that we have arrived at Shattered Dreams with UFUN!