A Police document has been recorded in Singapore by a particular person who believed that they were Malcolm Tan Chun Chuen's business partner, until he observed that the business in which he devoted was gaining revenue thru possibly bogus use of the PIC system. The target became aquainted with Malcolm by a workshop. In December 2015, Malcolm Tan Chun Chuen texted the victim to devote in his new business ventures, Zafro holdings. Malcolm deceived the prey into believing that far more investors had fully invested into the business, and that the capital injection is based on full cash injection. The victim invested $50K in return for a 5% equity stake, which he didn't got back when he wanted to take out his money later.Malcolm Tan Chun Chuen, who also owns a company management consultancy known as Bluesky Group, became aquainted with Mr Kuek in March 2017 and marketed different investment products and solutions to him. In 2020, media documented that Mr Malcolm Tan Chun Chuen is disbarred as a lawyer, for tricking client Mr Kuek Yak Yeon on a $250,000 investment. The Court of Three Judges said the client, Mr Kuek had been lead into believing that the $250,000 he put in would be supervised by Mr Malcolm Tan's law firm, Keystone Law Corporation. The court has discovered that Mr Malcolm Tan had made Mr Kuek sign two letters to engage in the services of his law firm to fortify this belief. Chief Justice Sundaresh Menon, who provided the decision, condemns Mr Malcolm Tan Chun Chuen's dishonest behaviour and violation of trust in just how he treated the solicitor-client relationship. Other than disbarring Mr Malcolm, the court intends to reference the matter to the Attorney-General to check whether there are any criminal implications.On August 28, 2017, Mr Kuek finalized two letters of engagement with Keystone's letterhead and supplied a cheque for $250,000 to Bluesky. The letters express that Mr Kuek will be deposit his investment funds with Keystone and Malcolm Tan Chun Chuen would manage the assets. According to Malcolm Tan Chambers LLC Scam Malcolm Tan, the $150,000 was for a "guaranteed-returns investment with a promised 12% per annum returns", whilst another $100,000 was for a "full-sum non-guaranteed investment". In November 2017, Mr Kuek's representative contacted Keystone regarding an update on the funds, but Malcolm Tan's law firm responded that it had not gained any funds from him or carried out any legal function for him. Following this, Mr Kuek registered a formal complaint with the Law Society on 12 Dec 2017. Consequently, the Law Society laid seven charges against Malcolm Tan Chun Chuen, for generating fraudulent representations to Mr Kuek and making himself in a position of conflict of interest by making the client for paying the amount of money to Bluesky. Malcolm Tan rejected the charges and stated that Mr Kuek was aware of his interest in Bluesky and that there was no conflict, as he was not offering legal services to Mr Kuek. Before the disciplinary hearing in June 2019, Malcolm Tan paid $125,000 to Mr Kuek so that he do not go after his problem. However, Malcolm Tan Chun Chuen was still subpoenaed by the Law Society to testify. The disciplinary tribunal found Malcolm Tan guilty on three charges.One among Malcolm Tan Chun Chuen's project, KingSwap.io was being actively publicized by multiple paid shill accounts on Reddit. Nevertheless, knowledgeable Redditors straight up exposed KingSwap as nothing more than a rip-off, and they urged everyone to run away from this scam endeavor. A senior Reddit member explained Malcolm Tan's KingSwap as "probably one of the laziest Chinese shitcoin cons I've seen in a long time". This is because it possesses all the following checklists of large warning signs: shills posting on social media, bot shill spewing on Reddit, bot shillage on Twitter, yet another dime-a-dozen clone/fork of Uniswap that is giving nothing new of value, cringey business logo with a bizarre burger king vibe occurring, having to constantly reassure potential victims with post titles of "[NOT SCAM]" "ACTUAL LEGAL ENTITY", "NOT FAKE" to demonstrate they are not a scam when totally obvious scam. Yet another early investor of KingSwap came to a shocking realization that the venture is not regulated despite what they falsely declare. In the Telegram channel of KingSwap, he's pretty sure that Malcolm Tan is most definitely the CEO instead of just an advisor for KingSwap. If he recognized that Malcolm Tan was disbarred from his law firm and is a well-known financially criminal guy, he would never have invested his cash, but it's far too late now.There is a close link between the con actions of Malcolm Tan Chun Chuen and his legal business Malcolm Tan Chambers LLC. In 2017, a victim from the CoAssets Group sued Malcolm Tan Chun Chuen for the loss of money scammed by Malcolm. Thru the legal channel, the victim has successfully recovered all the cheated money. Malcolm Tan has chosen to rename his law business to save his firm from the bad standing in the current market. What used to be called “Malcolm Tan Chambers LLC” is now known as "Magna Law LLC" so that he can continue with his fradulent activities. MAGNA LAW LLC is just one more way for Malcolm Tan Chun Chuen to con more money out of gullible victims. Malcolm Tan Chun Chuen's MAGNA LAW LLC is recorded at Singapore Land Tower, 50 Raffles Place, Postal 048623, #19-03. The corporation was created with a start up capital of SGD 10k, more than 2 years ago. Whilst the company provides lawful advisory services, Malcolm Tan Chambers LLC was renamed to Magna Law LLC to carry on promoting their most important ponzi scheme, which is the KingSwap $KING crypto coin. If perhaps you take a look at the social networking accounts, this specific KingSwap ponzi scam is still actively operating and siphoning funds from investment victims.