‼️Major Scam
Kingston has taken millions from 100+ people for motorbikes but not delivered it. Now they’re telling customers they actually placed pre-order with another company called New Traders but couldn’t pay them.
@AlhanFahmy’s brother Azban Fahmy is the sleeping partner of Kingston. So, what happened was, Kingston paid millions of MVR (the money customers paid to Kingston for motorbikes) to Azban Fahmy, hoping to get millions in profit but they didn’t get anything.
They thought they could make a quick profit through Alham Fahmy’s Ponzi Scheme and then pay New Traders within a few days. But no, it didn’t happen.
All money is lost.
So now they don’t have any money to pay New Traders and due that New Traders is refusing to give any motorbike related documents to Kingston. Motorbikes have already been imported to Male’, Customs clearance also done.
New Traders imported the vehicles to Maldives on credit terms, vehicles to be released when Kingston pays them. But now Kingston can’t pay them cause they lost all money to Alhan Fahmy’s Ponzi Scheme.
This has been reported to @PoliceMvCP but Shujau is unable to do anything. This has been happening for quite a while now. This is really worrying. @min_mohst@PoliceMv