After the FrancSwiss scam, another investment program is in the news after its principal went missing. Performance Investment Products Corp has reportedly duped investors of as much as $250M. It’s owner, Michael H,K, Liew, is now in hiding and is being sought after by the police.

The investment scheme involves the trading of sophisticated financial products called “futures derivatives.” The minimum placement is $40,000.

Another company, Performance Foreign Exchange Corp has come up with advertisement differentiating and distancing itself from Performance Investment Products Corp. Interestingly, Performance Foreign Exchange was a split company who came from the same founder, Michael H.K. Liew. Performance Foreign Exchange is into forex trading and is agressive in acquiring clients.