Wahyu Kenzo, 36, was dubbed the 'Crazy Rich Surabayan', a name spun out from an Instagram feed buzzing with luxury, fast cars and handshakes with celebrities enchanted by his unlimited brilliance. Kenzo’s robot-trading platform – Auto Trade Gold (ATG) – collapsed, defrauding 25,000 people of a total of US$585m. |
Billed as the infallible artificial intelligence-powered tool scouring forex margins faster than humans, it was exposed as a lie. So were Kenzo's claims of 200% returns. Dum dums fell for a classic Ponzi scheme. |
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