Hi folks, good day to all. The notorious Nanning Pyramid scam that generated much media interest recently is actually quite prevalent in Singapore for at least 8-10 years already. So I was surprised our local media only got wind of it now. I have neighbours in my estate area that have on various occasion, asked me to fly down with them to take a look at the "business opportunity" there in Nanning. The neighbours will be very mysterious and you will not be able to find out much information until you are at Southern China itself. All they tell you is this is something that the China Government is offering overseas Chinese opportunities to get rich by investing in the development of Nanning. Something like an incentive to pull back overseas Chinese back into China and to reward those who are willing to pump in money for the development of China. This is actually nothing but a Ponzi scheme....there is no actual development asset or products being invested. The S$30K to S$50K special investment club membership is used to line the pockets of all the uplines. For you to make money, you will need to go around bringing in more fresh meat into the club.
1. Why So Many People Got Scammed?
The main problem is that many respectable and smart people are already in it and marketing it vigorously. For example, one of my neighbours is an astute businessman and another one I recalled is an ex-police force officer. They kept showing off on the luxurious hotels they get to stay while in Southern China as well as the exorbitant delicious breakfast, lunch and dinner offered to them daily. So if, many of these smart folks are already in it, you would think that this investment scheme is legitimate.
2. Why Hard For Our Local Authorities To Stop It?
I guess the main problem is that this investment scheme actually happened only when you fly over to Southern China where the local head office scammers will start their pressurised sales pitch to influence you to sign it. This thus does not take place in Singapore.
Additionally, the neighbours or friends who sold you the product are also victims themselves (just that they do not know it) and they really did receive commission by bringing in people to the investment club hence they will state that they thought this "investment" is working well.
Parting Thoughts
I cannot be bothered to fly down to Southern China to enjoy the sumptuous meals and luxurious hotel stay albeit the persistent marketing by my neighbours. Where got free lunch in this world and also China rewarding overseas Chinese of foreign countries with business opportunities? So Folks, please be very careful when your neighbours and best friends approached you to fly down to Nanning or other Chinese Cities to take part in special investment schemes curated by China authorities to help overseas Chinese. This is really BS.....you might just get arrested and thrown into prison by the Chinese Police like what happened to the 52 Singaporeans in Guangxi Province being arrested and now languishing in Chinese prison since July 2026.
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