Malaysian company fraudulently obtained $7.33 billion in South Korea

Recently, a huge fraud incident occurred in South Korea. The incident was a Malaysian company called MBI who defrauded in South Korea and invested in the social software Mface operated by the company to obtain advertising rights and virtual currency GRC; investors can use advertising rights and virtual currency GRC to get huge returns. And the company's personnel said that the GRC price will increase by 2 times a year, and the GRC can be used as a legal currency in Malaysia. The company’s investment in fraud was about $1.73 billion.