I'm a bit shocked. That car YouTuber Chester Car was recently exposed for promoting a highly suspicious investment scheme, offering 2% monthly dividends, 24% annually, and guaranteed principal. Many people are calling it a Ponzi scam.

I looked into his background, and this guy is quite connected. His real name is Yang Zhenglun. In 2017, he was the sole survivor of the Zhongli shooting incident, where a gunman opened fire at an underground sports betting company, killing three people. He somehow survived. Later, he was also linked to a sports betting website. He claims he was just there chatting, but online users keep accusing him of scams.

What’s even crazier is that in an interview, he said he made a fortune from cryptocurrencies. He first got scammed out of hundreds of thousands in a Ponzi scheme in 2016, then made 60 to 70 million from mining rigs, and also earned a lot from investing in Ethereum. Now he’s turning around and recommending investment schemes himself. No wonder netizens suspect Chester Car might be involved in a scam.

Someone asked if this violates banking laws. According to regulations, accepting investment funds without a license and offering extremely high returns could indeed be illegal, with the worst case being over 10 years in prison. But no one has come forward claiming they were scammed, and the police haven’t taken action, so it’s hard to say for sure. Still, I think these kinds of investment schemes are really risky—sounds like a typical high-reward trap.

What do you think? Would anyone actually invest?