Fnalysis.
Rent-a-CEO
Morgan DF Fintoch promised 1% daily returns and bragged about links to Morgan Stanley that never existed — the bank publicly denounced the unauthorized use of its name. Its "CEO," Bob Lambert, turned out to be a hired actor cast to front corporate videos. Singapore's regulator had already flagged the scheme before the project disappeared overnight with investors' money.
Using actors to play fictitious executives has become an increasingly common tactic among crypto Ponzi schemes, which rely on polished-looking corporate videos to build trust. The project's sudden disappearance, a so-called exit scam, left thousands of investors with no real way to get their money back.
Source: The Block →Perfect casting, a scam script.