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Message: <blockquote data-quote="okow" data-source="post: 232869" data-attributes="member: 14">Here's your answer. To those who invested, made their money and got out in time, congrats to you on being lucky. SC gets order to recover funds The Star 28th Oct 2007 KUALA LUMPUR: The Securities Commission (SC) obtained a court order yesterday to retrieve RM35mil in SwissCash money held in 14 overseas banks and have it sent back here. After the money is transferred to Malaysia, it would be frozen pending the outcome of a civil suit brought by the SC against Amir Hassan, Albert Lee Kee Sien, Kelvin Choo Mun Hoe, Dynamic Revolution Sdn Bhd, Swiss Mutal Fund (1948) S.A. SMF International Limited and SMF (1948) International Limited, the SC said in a statement. Swisscash is a worldwide online investment scheme that promises high returns. It is illegal in Malaysia and the SC has described it as a scam. The High Court ordered Amir to transfer the money, held in six banks in Hong Kong and eight banks in Singapore, back to Malaysia within seven days. “This is to ensure the Swisscash money is held safely and within the jurisdiction of the Malaysian courts should any order be made in the proceedings,” the statement said. In June, the SC obtained a worldwide Mareva injunction against the three people and the four companies for their alleged involvement in the Swisscash investment scheme to prevent them from disposing their assets. The SC and Bank Negara say SwissCash has no licence to collect such funds and, as such, it is illegal. The SC is working with seven other countries to curb the illegal activities.</blockquote>

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