Welcome to the Three Arrows Capital (3AC) scam!
3AC is a venture capital firm that has recently been accused of scamming new investors of $25 million. The firm was founded by former Goldman Sachs executive Su Zhu and raised $25 million from investors by offering them a share of the profits from their investments.
However, the firm never actually invested the funds and instead used the money to pay themselves and their partners.
The scam was discovered when investors began to question where their money had gone. 3AC has since been shut down and Zhu and his partners have been charged with fraud.
If you or someone you know has been a victim of this scam, it is important to contact the authorities and file a complaint. Investing in any venture capital firm should always be done with caution and research. Don’t let yourself become a victim of a scam like this.