In a world where access to capital remains a lifeline for growing businesses and ambitious projects, a seemingly credible document from a company named Foundation Asset Management (HK) Limited has come under the radar for raising multiple red flags—potentially misleading borrowers and investors with promises of billion-dollar loans and misleading professional credentials.

⚠️ The Pitch That Looks Too Good to Be True

The company claims to offer project financing up to USD 1 Billion with 100% loan-to-value based solely on the provision of a surety bond—eliminating the need for traditional collateral. They offer interest rates as low as 4% annually, a grace period on repayments, and no penalty for early closure.

Sounds ideal, right? Here’s where the warning signs begin.

🕵️ AB Media Investigation Reveals the Following:

✅ What They Claim

  • Founded in 2006, regulated by the Securities and Futures Commission (SFC) Hong Kong.
  • Listed on the Hong Kong Stock Exchange (HKEX).
  • Acts as an asset manager for global investors, including ties to UBS and Credit Suisse.
  • Offers “profit-sharing” and “fixed-interest” debt financing.

⚠️ The Reality

  • No verifiable SFC license or HKEX listing has been found during our independent checks.
  • The company demands 1–2% of the loan amount upfront as a “surety bond premium”—a common hallmark of advance fee loan scams.
  • The website listed (famfundgroup.com) lacks HTTPS security, team details, investor information, or company registration data.
  • No public disclosure of executives, company registration numbers, or real audit records.

🚨 How This Scam Model Typically Works

  1. Professional-Looking Proposal: Documents are well-formatted, using financial jargon to gain trust.
  2. Promises of Huge Loans: Often claim to offer $1M–$1B loans for real estate, infrastructure, or corporate projects.
  3. Upfront Payment: Victims are asked to pay a “surety bond” fee before funds are disbursed.
  4. Disappearing Act: Once payment is made, the loan never materializes, and communication ceases or becomes evasive.

🛡️ How to Protect Yourself

  • Always verify lender licenses on official sites like the SFC and HKEX.
  • Avoid paying upfront fees for loans unless the lender is a well-known, regulated entity.
  • Research beyond documents—look for leadership, reviews, company history, legal disclaimers, and audit records.
  • Use secure communication—beware of companies using unsecured websites or free email addresses.

🗣️ A Word from AB Media

“While the need for alternative financing is growing across sectors, especially in MSMEs and startups, people must remain vigilant. If something looks too good to be true, it probably is.”

AB Media urges entrepreneurs, CFOs, and consultants to report such entities to financial regulators and police authorities if they encounter suspicious demands or unverified claims.

📞 Report a Scam

If you’ve encountered this or a similar scheme, report it to:

  • Hong Kong Police Force (Commercial Crime Bureau)
  • Securities and Futures Commission (SFC), Hong Kong
  • Your national cybercrime or financial fraud reporting portal

Stay informed. Stay protected. AB Media will continue to expose financial frauds and keep India’s business community safe.

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For tips, complaints, or further inquiries, reach out to our investigations team at: [email protected]