A young man by the name Gurvin Singh is accused swindling millions dollars from 1,250 people after convincing his following that he and his team ‘affiliate marketers’ known as GS3 Trades would use their investment funds in a foreign exchange trading scheme.

Evidence gathered by Metro, states that Singh utilized the trading platform Infinox in order to gather the funds thousands investors hoping to generate some extra income. The Plymouth, England-resident convinced the hopeful investors that their funds would be kept in a secure electronic UK-based fund safe and where they would have access to withdraw their money at any given time. 

Initially, participants saw an increase in their investments but from the months Aug. 2019 through Dec. 2019, Singh’s clientele base lost an insane total £3,865,000 (more than $5 million). On Christmas 2019, the investment group was informed that the fund would be closed until March due to ‘Brexit-related headwinds.’ None the participants in Singh’s trading scheme have heard from the alleged scammer since then.

The 20-year-old originally made headlines last year when he revealed on social media that he had supposedly (£)200 British pounds (approximately $261) into £100,000 (approximately $130,000). After flexing his luxury car collection and material items on his Instagram account, Singh gained the online moniker ‘Rich Kid Instagram.’ The boisterous youngster eventually garnered a following more than 170,000 people on IG and he began to receive messages from patrons around the globe in search  investment tips.

According to Metro, the money ended up in the possession a broker in the Carribean in an unrecoverable account. Singh’s social media accounts affiliated with his marketing team have been forcibly removed as a part a blossoming investigation. British authorities are currently looking into the case what might take the cake for scam the year thus far. Is Gurvin Singh’s investment scam better than the notorious  yesteryear? Check out Gurvin Singh flex is gold-wrapped Maserati and statement on how he hopes to become a doctor in the future in the video provided below.