The CEO of Oli Capital denied absconding with the money, claiming he would pay off the debt.

About Oli Capital

Established in 2018, Oli Capital is an Australian-based financial service company. According to the website of Oli Capital, the company invests in a number of stocks, gold, and hydrogen energy concept projects. The founder, Qi Luo, has been actively involved in hundreds of import and export trade between China and Australia and large real estate development projects in Australia since 2000.

The Statement Written in Chinese

Recently, The founder of Oli Capital, Qi Luo, released a public statement called “ A letter to all Oli Capital investors”, stating that he had escaped to Southeast Asia to live a good life with his girlfriend squandering investors' funds. In the statement, He proudly admitted that he had absconded with the money and was “not in a country with an extradition treaty”, telling investors to “stop doing nothing”. He also admitted that the company's past projects “have been complete Ponzi schemes” and that investors' money “has been laundered by my professional team.”

(Qi Luo, the CEO of Oli Capital)

If you would like to know about this open letter, you can check the article via this link.

https://www.wikifx.com/en/newsdetail/202302094554660504.html？source=emily

This is one of the most shameless letters we have ever seen, and it even smacks of defiance.

However, it is too wired to be real.

Until now, we can not confirm that this letter was made by Qi Luo himself. Many investors got irritated by this statement. But some investors questioned the authenticity of the statement.

However, what we are pretty sure is Oli Capital is not updating its dynamics. Even worse, the website of Oli Capital is not available.

Recently, Qi Luo denied that the previous statements published to the public were his, saying they were a deliberate attempt by his opponents to discredit him. 。On YouTube, Qi Luo claimed that the statement was released by someone living in Thailand. However, he showed the pictures to prove he was in his hometown with a temperature of -15 degrees.

He also claimed that he will continue to update the videos after he recovers from the illness. “ Anyone who has IQ will never believe that statement.” He said.

On February 10, the Tiktok account Qiluo _Oli posted an image with the caption, “Although I was liquidated, I insist on paying off my debts for the rest of my life. The redemption of conscience.” He will tell everyone on this account about the ins and outs of the issue, and the strategy and progress of debt repayment in the future, he plans to first pay back the elderly investors and investors who have been supporting it.

Whether or not this statement is true, Qi Luo has already been liquidated. WikiFX urged caution when choosing a trader. As for his claim that he would “spend the rest of his life paying off debt”, it did not compensate investors.