Asianface director reportedly involved in business fraud in Cambodia
Investors in an allegedly fraudulent scheme offered by the Asian Face company are increasingly concerned after the involvement of its operator in similar activities in his home country were revealed. Currently in police custody in Laos over his Asian Face Company Ltd’s alleged illegal capital raising and related activities, Cambodian businessman Mr Huot Sovann has also been reported to have been involved in a similar case in Cambodia that remains unresolved two years later. Registered in Laos in June 2015 as a consultancy firm, the Asianface company instead illegally encouraged people to deposit their money in return for shares in the company, lured by promises of an extraordinarily high rate of monthly interest of some nine percent per month.
