Recently, users have exposed a platform to us, which is another pyramid scheme from the previously exposed Opix Chende Forex team. They have created quite a buzz, even hosting an event in Hong Kong called the Asia-Pacific Financial Wisdom Forum to boost their presence. They even bought a listed company to jointly release a PR announcement to help them exploit their scheme. Today’s subject is OAM Global.
What is OAM Global?
OAM Global claims to be a financial institution providing fund management services. It also claims to manage assets worth $210 million with over 2,000 clients from 24 countries. But amusingly, OAM Global’s website was only registered in September 2024, with monthly traffic of less than 100.
We also discovered that OAM Global claims to be a subsidiary of Opix Technology Ltd. Opix is an old acquaintance of ours, with many users having exposed this platform to us. TraderKnows has consistently exposed this platform to help investors avoid scams, so OAM Global is essentially the same old Opix scam in a new guise.
20-54% Annual Yield Rate: Exaggeration Beyond Belief
Below is OAM Global's expected earnings table:
OAM Global claims to provide an annual yield rate of 20-54%, with 3-8% monthly returns in the money market. How absurd is this? TraderKnows provides the following comparison:
- Stock Market (S&P 500) average annual yield rate: Around 10%
- Government Bonds average annual yield rate: 5-6%
- Money Market Funds: 1-5%
This means if you invest $100,000, you could earn at least $20,000 annually—at least. If this were true, who would still work? Everyone would line up to give money to OAM Global.
Who is Really Running OAM Global?
Browsing the websites of Opix Technology and OAM Global, we can see they claim that their Chief Technology Officer is Alex Rowayne. However, the reality is far from what we see.
In our previous articles, it has been pointed out that the Opix Technology team is from Malaysia. The foreign team presented on their homepage were merely actors hired by them. Why actors? Because they only appeared briefly on Opix Technology's social media and then collectively disappeared. Furthermore, apart from Alex Rowayne, no other member of the management team has a LinkedIn profile. Alex Rowayne’s LinkedIn also lacks activity, boasting only two followers.
There’s further evidence to prove these people are actors. At the Asia-Pacific Financial Wisdom Forum, a major event to hype up the financial scheme, the Chief Technology Officer did not attend, nor were any traceable members of the previous Opix Technology management team present. At the Qatar Money Expo, Opix Technology’s Chief Marketing Officer, James Rossi, suddenly transformed and participated in the award ceremony under the title of OAM Global Chief Marketing Officer.
However, there is one person who has been consistent from Opix to OAM, participating in many Opix and OAM events. Coincidentally, this person's accent strongly resembles that of a Malaysian. He is Raymond Wong, the Marketing Development Director of both OAM Global and Opix.
Interestingly, Raymond Wong and the entire team do not use their real names, opting instead for English names. This allows the team behind OAM Global to escape easily when their façade falls apart.
Currently known team members of OAM Global include KK, claimed to be the founder of the OAM Joint Fund (which is Grand Koala SPC, closely tied with OAM), the founding partner of Grand Koala SPC, Richard Tung, and the Marketing Director (later the Trust Fund Marketing Director) Jayden.
OAM Global Partners: A Carefully Inflated Bubble
Regardless of whether at the so-called Asia-Pacific Wisdom Financial Forum, or in their promotional materials, OAM Global has not stopped touting their partners. But do these partners actually enhance OAM Global's credibility and protect investors? Let TraderKnows dissect it for you one by one.
CityChamp Development Holdings (HKEX: 8268)
CityChamp Development Holdings is a construction company previously known as Deson Construction International Holdings. It claims to have signed a strategic cooperation memorandum with OAM Global on the development and implementation of AI-powered laboratories and intelligent assistant projects. TraderKnows was also puzzled by this PR piece. Why would a construction company be associating with a scheme like this? After some research, it turns out the company's stock is simply a penny stock with high volatility and low liquidity, on the verge of delisting. It’s more like a shell with no substantive value, suggesting OAM Global might have paid them to issue such a shallow PR piece without any actual cooperation.
Koala Financial Group (b)HKEX: 8226)
Koala Financial Group Limited, registered with the HKEX, encompasses Koala Capital Management Limited and Koala Securities Limited, primarily engaged in brokerage services, underwriting, and distribution. The company holds SFC's type 1, 4, and 9 licenses which correspond to securities dealing, advisory, and asset management.
Interestingly, at OAM Global’s buzz-generating meetings, a person named Leo Huang Jia Jun, claiming to be the CEO of Koala Financial Group, was present. However, neither prior earnings warnings from Koala Financial Group nor searches through Sina Finance reveal any board member by the name of Huang Jia Jun.
Partners Not Involved in Actual Operation
We won’t delve into other OAM Global’s partners here, as their cooperation style is similar to what was explained before. Most are likely only there in name, serving as peripheral legitimate entities to gain investor trust. Some of these institutions are likely unaware they are ‘partners’ with OAM Global. For instance, the Asia-Pacific Wisdom Financial Forum, which appeared to be a legitimate buzz-producing event, invited Mr. Qin Liang Liang from CLSA Capital Services (Asia) to attend as a guest. OAM Global then listed CLSA Securities Limited in its promotional materials as a partner.
In the business model outlined by OAM, none of these partners participate in the actual operation of OAM Global. So what does this partnership entail? The only two related entities are Sang Shing Trust Limited and GRAND KOALA SPC, which we will discuss below.
Sang Shing Trust: Can it Protect Investors' Funds?
Initially, when investigating the company profile of Sang Shing Trust Limited, TraderKnows was completely at a loss. This trustee institution seemed very legitimate, possessing a trust and company service provider (TCSP) license in Hong Kong and having a physical address. Initially, it seemed that this trust company could protect investors and provide security for their funds. But after a meticulous review, it became clear that this is a meticulously crafted misleading mirage by the team behind the scenes.
After reading the following articles:
Enhancing Hong Kong's professionalism: Regulating trust or company service providers
TCSP License In Hong Kong For Trust Company Service Providers: The Guide You Need
Insight into the responsibilities and obligations of TCSP licensed companies in Hong Kong
TraderKnows can responsibly tell you that Sang Shing Trust Limited cannot guarantee the safety of investors’ funds!!!
The crux is precisely that TCSP license. TCSP’s main duties are to provide administrative support, not asset management or protection. Common services include:
- Establishing a company or other legal entity.
- Serving or arranging for others to serve as a director, secretary, or partner.
- Providing a registered office, business address, or administrative address.
- Serving or arranging for others to act as a trustee or serve as a nominal shareholder (except for companies listed on a recognized stock market).
The key aspect of financial regulation is anti-money laundering. In Sang Shing Trust Limited’s role in the business model as an asset allocation and investment management entity, this delves into the realm of financial trusts. Such enterprises must hold an SFC type 9 license.
GRAND KOALA SPC: In Cahoots with OAM Global?
GRAND KOALA SPC, the name itself makes one suspicious. This company’s name closely resembles that of Koala Financial Group Limited, previously mentioned, possibly leading investors to believe they are associated with the listed company, although they are not. From OAM Global's mingled promotional activities and Richard Tung's frequent pyramid speechmaking in Telegram as the so-called co-founder of GRAND KOALA SPC and actual member of the OAM Global team, it's evident that these two groups are in cohort.
Considering GRAND KOALA SPC's website consists of half English and half Chinese, making it opaque to both exclusively English or Chinese speakers, along with the discrepancy between the website and event logos, not to mention its registration in 2020 but only beginning arrangements in 2025, TraderKnows has reasonable suspicion that this company was outrightly purchased by the pyramid scheme team for appearances' sake.
Does OAM Global Have Its Own Regulation?
With so much talk about OAM Global's partners, let's revert to OAM Global itself. Despite how grandly they market their partners’ compliance and regulation, are they themselves regulated?
Starting with its elder brother, Opix Technology, it claims to be registered in Seychelles, but no company registration information can be found on Seychelles business registry. Without even a registered entity, financial regulation is even further from the point—none exists.
By now, it’s no surprise to anyone that OAM Global overhypes its partners as a sleight of hand—displaying false labels while selling a completely different product.
Currently, TraderKnows can only trace an entity named OAM GLOBAL TRADING LTD from Companies House UK. But this means little since registering a company there is incredibly simple, costing only a few hundred to at most a couple of thousand pounds. It can be completed online without needing a physical office or financial licenses in the UK, and the name and registration number are immediately available upon registration.
In OAM Global's gallery, there is a section on Hong Kong site visits. The gallery reveals the photos were taken at MG Tower in Hong Kong, also known as MG Tower. However, we have found no public information connecting this address to OAM Global. Given such a prestigious office address, overlooking Victoria Harbour in Hong Kong, it's unlikely they would not flaunt it. Looking at the gallery's details, three entire pages were dedicated to photos, with the setting always frozen in a small room with a few OAM Global display lights. It looks more like a temporary "photo studio".
PS: Currently, companies identified as operating in MG Tower include:
Bandai Namco Asia Co., Ltd. (Bandai Namco): 28/F MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong
Hong Kong Interbank Clearing Limited: Unit B, 25/F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong
ESi: Unit F, 22/F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon, Hong Kong
Saito & Co., Ltd.: FLATH MG TOWER 133 HOI BUN RD KWUN TONG KOWLOON HK
Heep Hong Society: Units J-L, 10/F, MG Tower, 133 Hoi Bun Road, Kwun Tong, Kowloon
Furthermore, no registration information can be found for OAM Global on the Hong Kong Government's one-stop website, nor any regulatory information from the Securities and Futures Commission of Hong Kong (SFC).
In conclusion, OAM Global is nothing but a fox borrowing the lion’s power, leveraging the compliance and regulation of other companies to create a façade, misleading investors into believing it is a compliant entity. In reality, it is nearly devoid of any regulation and compliance—a scam operation.
OAM Global’s Award Claims: Are These Awards Real?
On OAM Global's homepage are claims of recognition from top industry authorities, listing a number of awards. Do these awards truly attest to OAM Global's strength?
After meticulously verifying these awards, we can confirm these accolades actually belong to OAM Global's senior partner, Opix Technology. Earlier in the article, we mentioned what kind of company Opix Technology is. Moreover, the WikiFX page purportedly listing Opix Technology’s awards has disappeared, replaced with negative exposure detailing withdrawal issues.
TraderKnows would like to remind everyone that these so-called awards lack any selection process. These entities did not disclose any concrete selection criteria. It’s a simple pay-for-promotion deal. For example, Exness and Vantage both participated as Titanium sponsors at Money Expo Mexico 2025 and received awards. Winning these awards does not imply any regulatory declarations regarding a broker; they’re merely for show. Opix Technology simply paid financial media or exhibitions to receive awards, and then packaged itself as a compliant platform for pyramid scheme exploitation.
Conclusion
The essence of pyramid schemes like OAM Global is the same: using money from later investors to compensate earlier ones. This scheme is still ongoing, and it's uncertain how much longer it can be maintained. It could suddenly collapse without warning.
TraderKnows has witnessed many such entities masquerading under the guise of intelligent algorithms and trading strategies while actually engaging in pyramid schemes. We also welcome users to contribute to TraderKnows, as we continue to expose scams and the tactics of fraudsters.
