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I was driving to work this morning when I heard something about a police crackdown on AB Fund (www.abfund.us), and I was like, hey, that’s a familiar name!

A colleague had introduced it to me; it was apparently an investment scheme which you put money into, and they would take the money and invest it in O&G companies. You’re supposed to get back a daily rate of 2-3% for 100 days or something like that.

Curious, I got to school, and I immediately ran on online news search and found the links:

http://www.smh.com.au/news/Technology/Malaysia-cracks-down-on-Internet-investment-scams/2007/06/13/1181414327700.html

http://www.bernama.com.my/bernama/v3/news_lite.php?id=266989

I didn’t sign up for this scheme. Fortunately neither did my colleague herself.

I feel sorry for the people who lost their money.