Abstract:On May 10, 2023, GMG claimed on his social media group that all withdrawal orders would be processed, and the investors would get their money soon.
About Graphene Manufacturing Group (GMG)
Graphene Manufacturing Group (GMG) was an investment company that claimed to specialize in the production and sale of graphene, a material with high conductivity and strength, as well as various other applications. The main market for this platform lies in Africa. Just like a money-making machine, GMG aimed to double investors funds whenever they put in money.
Recently, we talked about the issue that the Ponzi scheme GMG crashed. You can check this link for detail in case you miss it.
GMG claimed it will process all withdrawal orders one by one today
On May 10, 2023, GMG claimed on his social media group that all withdrawal orders would be processed and the investors would get their money soon. All withdrawal orders will be processed and the investors will get their money soon. “the platform has accumulated a large amount of orders, processing takes time, delays are normal.”
As far as we know, some Ponzi schemes like to use running time, audit time, and other reasons to calm the victims. They are using these excuses to buy time to transfer the money they defraud.
The response from the investors
Many investors were confused and skeptical about GMG's announcement. There are some investors who are excited that GMG is back. At the same time, there are many users who are still extremely unhappy with GMG because they haven't received their money yet.
Conclusion
WikiFX warns that no matter how good GMG's claims are, they should be taken with a grain of salt. Because the problem can only be solved if GMG actually returns the money to the victims.
Protecting the legitimate rights and interests of forex traders are always the primary concern of WikiFX. All traders should be vigilant when investing in a broker.
WikiFX is actively reaching out to the victims and other traders hoping to find more evidence. Please stay tuned for more information.
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