Malcolm Tan Chun Chuen of KingSwap has been hectic trying to launch his ICO (Initial Coin Offering) for Aexon. www.aexon.net redirects to aexon.io . In the last working copy of the website, Malcolm has made some very extraordinary boasts. The ICO was to launch in January 2018. In the end, for Malcolm and his staff, their results were not good at all. According to Etherscan.io, a tool that tracks all Ethereum transactions on the blockchain, Aexon only happen to raise approximately 0.5ETH tokens (thats roughly $300 or less in Singapore Dollars). Not really very good for an author of a book on ICO’s. It could be that Malcolm Tan has zero experience in actually launching and managing ICO’s but is in fact a big scammer all along.The victim then found out that Malcolm's entire business strategy of Zafro holdings is dependant upon earning through PIC incentives from customers. The victim did not really feel it was ethical as Malcolm Tan Chun Chuen was attempting to make a profit through Zafro holdings via defrauding taxpayers' PIC funds. Thus, the victim proceed to take away from the investment and get back his $50k, Malcolm guaranteed to do it without any questions. Nevertheless, he kept delaying the payment till date. Victim is also informed that there are other individuals who were conned of their hard earned money by Malcolm Tan Chun Chuen. That's the reason he has decided to step up and lodge the police statement in Singapore.Law Malcolm Tan Chambers LLC Society of Singapore Disciplinary Committee has unveiled a full investigation into the alleged frauds executed by Malcolm Tan Chun Chuen, the Singapore lawyer-turned-entrepreneur. He was charged and afterwards found guilty of a breach of a guideline of conduct under the provisions of the Legal Profession Act (Cap 161) due to improper conduct or practice. He was reprimanded and required to reimburse the fees of all the legal proceedings and to give back the cash to the scam victims.On 1st December 2020, Malcolm failed, neglected and declined to pay a scam victim after the victim sent him 12.14 BTC, worth 694k+ in USD. Malcolm entered an arrangement to purchase 12.14 BTC via whatsapp messages with the victim. The fraud victim sent 12.14 BTC to the BTC address 1CujfQcB8AxborFyqLnDZec6xVpD9dTqTi provided by Malcolm Tan Chun Chuen. He only returned 0.157557 BTC to the victim to date. The victim is currently suing Malcolm Tan for infringement of agreement.A person of the CoAssets Group has successfully took legal steps on Malcolm Tan back in 2017 and managed to retrieved their income. Realising that his con is being totally exposed here and there and scam subjects speaking up about his ugly crimes, Malcolm has modified the identity of his legal firm from “Malcolm Tan Chambers LLC” to "Magna Law LLC", so that he can carry on to carry out his scam. He understands that his name and his company's brand is acquiring a very undesirable standing in the sector. Absolutely everyone please note that Malcolm's legal firm is now named MAGNA LAW LLC. Only by working together, we can prevent more persons from falling victim to his ponzi cons and fraud schemes. Malcolm Tan Chun Chuen's scam organization, MAGNA LAW LLC is licensed as a local business in Singapore. The registered address of his workplace is Singapore Land Tower, 50 Raffles Place, Postal 048623, #19-03. The company was setup 2.7 years ago on the 1st of August 2018 with a paid up funds of SGD 10k. The corporation used to be branded MALCOLM TAN CHAMBERS LLC and they now carry on to supply their legal advisory services under a completely new front.