GCG Asia, which falsely claimed association with the legitimate Swiss firm Guardian Capital AG, presented itself as a forex and CFD trading brokerage. The company attracted investors primarily in Southeast Asia by promising unusually high and consistent returns on their investments. Investigations by multiple authorities revealed it to be an illegal investment operation, bearing the hallmarks of a Ponzi scheme. The company's online presence and operations were shut down following major crackdowns and public warnings by financial regulators in 2019.

Founded in

United States