Phnom Penh (FN), May 17 – Cambodian National Police Commissariat confirmed Friday that GCG Asia Co., LTD is an international corporate fraud, conducting business in a dishonest and illegal manner.
National police commissioner Neth Saveoun confirmed that GCG Asia Co., LTD is not legally registered to the National Bank of Cambodia and that the company was blacklisted by the Malaysian and Indonesian governments. He added that so far only Chinese were scammed.
GCG Asia Co., LTD office in Phnom Penh’s Daun Penh district was temporarily shut down earlier today for illegally using Cambodian Prime Minister's name and photo on its website, a senior police official told Fresh News earlier Friday.
A Malaysian couple, owners of the company, was arrested for interrogation following the Premier’s announcement on emergency national security information.
"GCG Asia Co., LTD took my photo and name for the propaganda on its website, claiming that I would attend the company's launching ceremony on 20 May 2019. In addition, the company has listed the National Bank of Cambodia (NBC) and the Bank of China as responsible partners in the Crypto Currency trading business," Cambodian Prime Minister Hun Sen wrote on Facebook on Thursday.
Prime Minister Hun Sen denounced the information posted on the company's website. He urged Cambodian citizens and business people local and broad to be highly cautious in financial trade, and avoid any transactions without government's authorization.
GCG Asia Co., LTD wrote on it website www.gcgasiacoin.com that: "GCG Asia is supported by Hun Sen the Prime Minister of Cambodia. He will be the Honor Ambassador for GCG Asia open ceremony in Cambodia."