uFun Club investors have received promotional material, circulated via private messaging applications, outlining plans for a new Unascos office in Melbourne, Australia. An opening ceremony for this new venture is slated for August 1st. This scheduled event coincides directly with the scheme's announcement of a new nickel mining project in Australia, planned for the following day, August 2nd.
These expansion efforts in Australia unfold as Thai police, the United States Federal Bureau of Investigation (FBI), and Australian authorities actively investigate uFun Club for alleged fraudulent activities. Earlier this month, Thai police confirmed this international cooperation in probing the scheme's operations. An Australian office, even operating under the Unascos brand, will likely face intense scrutiny from law enforcement agencies already aware of the ongoing investigation.
Unascos, also referred to by the name "Multi Nasco," represents a strategic rebranding initiative by uFun Club. The organization recently introduced Unascos as part of a broader campaign designed to obscure its foundational connections to Ponzi scheme operations. Under this new guise, uFun Club affiliates are currently being urged to invest additional funds into the scheme, with promises of being paid at one rank higher than the level they initially commit to.
A thorough search of the Australian Securities & Investments Commission (ASIC) database currently yields no public results for any entity named "Unascos." However, a registration for "uFun Club (Australia) PTY LTD" does exist, bearing the Australian Business Number (ABN) 60 605 196 843. This company was officially registered in Doncaster, Victoria, on April 9th, and is classified as an "Australian Proprietary Company." The specific individuals or corporate entities operating this Australian company, and its direct connection to the newly announced Unascos office in Melbourne, remain subjects of ongoing inquiry.
In related legal developments, Thai police anticipate submitting their comprehensive criminal case report against uFun Club to Public Prosecutors this coming Monday. This critical filing has experienced delays over several weeks, primarily because new information and additional suspects continue to emerge within the complex, multi-jurisdictional investigation.
Assistant National Police Chief Suwira Songmetta publicly confirmed the report's imminent submission. Following Thailand's initial crackdown on uFun Club in April, several key executives of the scheme quickly fled the country, many reportedly relocating to Malaysia. A Malaysian embassy official previously informed Thai police that Malaysia stands ready to investigate and execute arrests of uFun Club executives upon receiving a formal extradition request. That official request is now expected to be dispatched once Thai prosecutors officially receive the criminal case report.
As the report's filing date approaches, reports indicate that Daniel Tay, a prominent uFun Club executive, has reportedly fled to Russia. Undated photographs surfaced overnight, appearing to depict Tay in an undisclosed Russian location. Tay, widely believed to be a central figure in the company's daily operations, publicly acknowledged uFun Club as an illegal Ponzi scheme just last month, a significant admission that fueled further legal action.
Tay also made an appearance in a uFun Club promotional video for a separate investor event held in Chengdu, China, yesterday. However, he did not physically attend the event. Instead, uFun Club's marketing team spliced pre-recorded footage of him into clips purportedly taken at the Chengdu venue. The precise geographical location where Tay's footage was originally shot, whether Russia or Malaysia, remains unconfirmed. Lyn Summers, identified as a prominent Australian uFun Club investor, was notably present at the Chengdu event. Her direct involvement may provide a crucial link to the planned Melbourne Unascos office announcement.
Thai Assistant National Police Chief Suwira Songmetta confirmed the detailed case report would be submitted to public prosecutors this coming Monday.