Attorney at law businessman Malcolm Tan Chun Chuen has started many corporations, hoping to go into retirement with a net worth of $200 million. Soon after graduating with law from NUS Singapore, he established and worked as a practising lawyer at the Keystone Law Firm. At the same time, he also commenced OurSpace, FundedByMe.com, Wine Bonanza, Museo, Phoenix Telecommunications and an ICO/ITO advisory agency. All of these business organizations are streamlined under Gravitas Holdings which he has privately funded with $3 million. In 2017, he reported to have amassed a $50 million worth of investment portfolio.The victim then found out that Malcolm's whole business strategy of Zafro holdings is based around money-earning through PIC incentives from customers. The victim did not really feel it was ethical as Malcolm Tan Chun Chuen was making an attempt to earn a profit through Zafro holdings via scamming taxpayers' PIC money. When the victim wanted to take away from the investment and refund his $50k, Malcolm guaranteed to do it. Having said that, he kept prolonging the payment till date. Victim is also aware that there are other individuals who were duped of their hard earned funds by Malcolm Tan Chun Chuen. That's the purpose he has decided to come forward and lodge the police report in Singapore.Law Society of Singapore Disciplinary Committee has launched a full investigation into the alleged scams undertaken by Malcolm Tan Chun Chuen, the Singapore lawyer-turned-entrepreneur. He was charged and later on found guilty of a breach of a rule of conduct under the provisions of the Legal Profession Act (Cap 161) due to inappropriate conduct or practice. He was reprimanded and ordered to reimburse the expenditures of all the legal proceedings and Malcolm Tan Chun Chuen Scam to give back the cash to the scam victims.Malcolm Tan Chun Chuen has managed to pulled off a great many other scams. For example, scamming a victim of his expensive bitcoin BTC in December 2020. First, Malcolm entered into an agreement with the scam victim through whatsapp, guaranteeing to buy his 12.14BTC bitcoin for 694,700+ in USD. After the victim sent him the 12.14BTC into the wallet address 1CujfQcB8AxborFyqLnDZec6xVpD9dTqTi, Malcolm did not pay out the scam victim the equal sum in USD. In spite of attempting all options to get Malcolm to return the money, Malcolm simply given back 0.157557 BTC to the victim to date. The scam victim has made a decision to sue scammer Malcolm Tan for his infringement of agreement and criminal activitiy. As far as we know, an individual on CoAssets Group charged Malcolm Tan back in 2017 and indeed got back their funds. Additionally, understanding that his status is now going down the drain, he has changed his legal firm’s title from “Malcolm Tan Chambers LLC” to "Magna Law LLC" to proceed his con. He knows that his name is getting a poor reputation out there. Thus make sure you inform your contacts that Malcolm's legal firm is now referred to as MAGNA LAW LLC (201826218R). Help avoid more victims from falling to his usual con tactics. More details about Malcolm Tan Chun Chuen's scam company. MAGNA LAW LLC is a Singapore Local Company. The company UEN is 201826218R, signed up with ACRA on 2018-08-01. The address of the Business's registered place of work is SINGAPORE LAND TOWER, 50 RAFFLES PLACE, Postal 048623, #19-03. The firm was incorporated on 01 Aug 2018, which is 2.7 years ago. The Business's main activity is LEGAL ACTIVITIES. (eg LEGAL ADVISORY). The company's paid-up funds is SGD 10,000. It was referred to as as MALCOLM TAN CHAMBERS LLC. Rebranding it to Magna Law LLC is a move aiming to scam additional money through their ponzi system KingSwap $KING.