17 scammer in malaysia...beware

*Beware - 17 SCAMS in Malaysia 9 ( Pass Around ) Your Hard Earned Cash
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*Beware!!! **
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*17 SCAMS in Malaysia*

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Beware of these scams in the market. Don't invest blindly and lose all your
hard earned money.Anything that is too easy to make money is usually a scam.
Read the following interesting collections and be forewarned.
Attached is a good compilation of suspicious business scams.**

1. **The Cafe Scams - Island Red Cafe & Stevens Corner*

(strange, both in Pandan Indah) - Island Red Cafe collects members RM6,000
each and promised 5% return every month and even give you a name in the ROC
as a shareholder but what’s the point when they run away? Stevens Corner,
the famous indian coffee shop follows due to drop of business since their
renovation. They collect RM3,000 per member and promise return of RM150
monthly and plans to open nice fanchisee cafe called
StevensTeaGarden. Someone mentioned they will make you sign an agreement
that give them the rights NOT to pay you anything in future. If you really
wish to join, ask for a copy of their agreement and consult your lawyer
BEFORE paying them. Bet you will NOT get a copy. Both collect monies from
new members with MLM recruitment schemes and pay the old members like
Sunshine Empire. You never know when they will run away.
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2. **Sunshine Empire*
This licensed and legal Company has an impressive office at the ground level
of KUB building along Jalan Yap Kwan Seng, near Menara Public Bank and
AmBank Building . They also have a showroom office at the ground level in
the next building. 3 or 4 months ago, Singapore’s Straits Times and The
Paper published big news reminding their people to be careful and NOT to
believe in them. Hope someone can put up the link or
> google for it.(As expected, they STOPPED paying back members now and all
investors LOST their money).

Someone below has put a link to the Singapore news. In fact there are more
to it. Although Singapore is investigating them, they did not stop their
business as the business is legal and so far, no Singaporean have failed to
receive their commissions as promised. Thus, the government cannot stop them
yet. The news published that the founder, director and group president is
someone named James Phang but
he is NOT the owner. Isn’t this quite strange ? At the end of the game,
James Phang can just disappear from the Company easily and claimed that he
was just “employed”. Such trick always happened in scam businesses. Now, the
Company has STOPPED paying commissions and interests to members with the
excuse that the Singapore government has freezed their bank account while
under investigation. Do you think their boss will be so stupid to keep much
monies in the bank to be freezed? They are all transfered away. It’s just an
excuses not to
> pay back to members and members are only paid “e-bonus-points” which is
cashless. If they wish to
> convert to cash, they have to recruit new members to pay them cash and the
recruiter less out trom the amount. So victims act like Vampires and
“forced” to victimise other victims if they wish to get their monies back.
And their victims will later transform to vampires and the scam carries
on…..
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3. **MobilWallet*
This Company owned by 2 young men, Stanley & Rey Gan, office in Queens
Avenue Park has collect multi-millions the last 2 years. Claimed that they
tied up with Telekoms, Utility Board payment like Water & Electricity bills,
even Maybank got fooled by them. Advertisement Billboards everywhere. They
STOPPED paying back their members few months ago and the members cannot do
anything because they are made to sign an agreement unaware that they have
to claims if the company
stopped paying them by CHANGING terms and policies.
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4. **Water Business - Oxygenated and Alkaline Water Products*
Some of these are bottled water and some are filters or equipment that
claimed the trick..
One of the better known Company that sold “oxygen” water is SITO (supposed
to stand for Selangor International Trading Organiszation and claimed
Selangor State Government owned some share in it). The key person and
founder is a Dato Robert Ong from Rawang but his name is no longer in the
business
now. Their products are sold for RM2 to RM3 for a 350ml bottle and now
concentrating mostly in the Indian market. Their Chinese and Malays market
are long gone since a year or 2 ago. Their customers are made to believe
that their water has more oxygen and able to give miraculous effects for the
body. Water is H2O, how to put more O into it ? Anyone knows how much oxygen
do we breathe into our body everyday at FOC ? Latest news is that this SITO
Company is going to create new label to market under a new Company since the
SITO name has already gone bad. Someone informed that this Company is owing
alot of money(due to refunds) to ex-stockists but just refuse to pay them.
(Latest news, SITO shifted to another place and their MLM business has
closed but planning to start again with a different name, beware!!)

Alkaline Products - Can anyone explain how
it can work for the body ? The stomach’s gastric liquid is so acidic that
water of any pH that goes through it will not make any difference.
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5. **Car Fuel Booster - K-Link*
K-Link, the famous scam MLM Company that sold the footpatch TAKARA, later
the “cock-ring” and energy-card launched the patrol-saving pills last year.
Got so hot that even grocery shops are selling for them. Recently many of
these cars that used the pills are rushing to the workshops to clean the
residual. Few months ago, another
MLM Company launched a fuel booster gadget, claimed that saves up to 20%
fuel, that is attached to the cigarette lighter. Started off well using
binary plan but businese begin to fade now and most users find it NOT
effective.

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6. **Perfumery Products*
(eg. Lampe Berger & Bel Air)(more details later). Lampe Berger is not so hot
now in the neighbouring countries but there are still new victims every
month in Malaysia . Must thanks to those who have contributed and kept the
thread alive here in
Kopitiam. Bel-Air have closed in Malaysia . LB is almost zero in Singapore .
This perfumery product from France with over 100 years history is just
bottles and fragrance (check the factory’s website) but the Company
marketing them in Asia claimed “aromatheraphy” products. Hong Kong TVB aired
a program that exposed their scam but their members claimed that HK’s TVB
already apologised to them.. Note that the biggest strenght in a MLM Scam is
their members will go all way out to lie in order to defend for their
Company. The reason is simple; these members fear that they will not be able
to make their money back if the Company collapsed. Knowing that the Lampe
Berger products are moving slow, they add a line of skincare products named
Estebel, also claime to have over 100 years history in France. (Hardly
anymore Chinese newcomers, they are now tapping the Malays in Malaysia.)
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7. **Energy Products*
(eg. stone pendants, bracelets, mattress and pillows). They use all sorts of
gimmicks and demonstration to make you into believing them. They will do
some tricks and demo to prove that these products really produce energy BUT
is there any tricks in their demo? So what if there really produce energy;
is it good or strong enough to help the body? The effect is actually PLACEBO
which I will elaborate in a new thread soon. (More details later.)

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8. **Hi-Tech Products*
Names like bio-tech, nano-tech that claimed millions of dollars of research
involved, eg Bio-Young and XKL few years ago.. Most of these will claimed a
professor behind them (even with name and picture of a person) or used words
like “U.S.A. formula”, “German Technology” or “Nanotechnology” and no
further details (more details later). If you ask for more details like the
professor or factory’s address, the answer will be “trade secrets”.

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9. **Investment Schemes*
SWISSCASH is the King of all. Swisscash is nearly over now but there are
many similar and smaller ones that are still on. (Now, it’s closed or
stopped paying back members.)

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10. **GoldQuest*
This Company that claimed to be HK-based started with some non-value
gold-plated coins that are sold for over RM2,000 have several names and
changed products several times. QuestVacation, QuestNet, etc. They have
several offices in Amcorp Mall, PJ and their key person (in fact, the
owner), a Malaysian Indian was arrested last year in Indonesia for having
involved in a very big Phillipines scam. Most of their overseas offices are
closed or inactive but their Malaysia business is still hot, with some
“energy” products. (Can someone please provide a link which showed the news
that their boss was involved in a big scam in Philippines and was arrested
in last year?)

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11. **Numerogy & Fortune Telling*
A Company named Visible is using MLM to sell fortune telling classes using
your birthday based on numerology fortune telling. Prpspects will be told
that they need to buy a certain “number” between 1 to 9 in the form of
pendants or bracelets made of stainless steel and sold from RM600 to
RM20,000. Customers, or rather victims are mostly females from rural areas.
Very hot in Penang now and a number of spin-off Companies have started.

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12. **MJ - Life*
MJ-Life - This Company boost of a very big background with many many years
of history which is NOT true. Their people or associates may be long in
business but nothing to do with their MLM launched recently. Why do I
consider it a scam or bad? New members are told to pay a sum of money (up to
RM1000) and you get NOTHING for it. You only get a membership can entitle
you to enjoy all sorts of special price and discounts when you have medical
check-ups in their centres.. They will claim all those check-ups cost more
if done elsewhere. It’s not true. Only the naive and those new to medical
check-ups will fall victims to them. Most members who paid the money
ended up with nothing.

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13. **Seaweed Venture Scams*
1 such Company is located in Taman Maluri, Cheras. They will ask you to
invest a few thousands ringgits for their venture of growing seaweeds in
East Malaysia and you are guaranteed returns. To gain your confidence
further, they will tell you your investment money is secured by “insurance”
or “unit trusts” & “trustees”. When you ask for further documents to prove,
they will give all sorts of excuses or just ignore you because they know
they
cannot get you. These Seaweed scam is one of the hottest now, warn all your
friends about it before they are victimised.

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14. **MXM (Previously MGM)*
This is a master scam among the younger group, very successful 2 or 3 years
ago but since there moved to their big 10-storey office at Phileo Damansara
and changed name to MXM, their business dropped.. They collect members
RM3,000 to RM4,000 with credit card monthly easy payment and in return you
get a hospital benefits insurance from Pacific Insurance worth only
a few hundred RMs together with some you-don’t-need medical check-ups from
their associate Company Pathlab. Also talk about fitness, lifestyles
bullshit that is all worthless.

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15. **Gano Excel *
This company from the north, a copycat of DXN selling Lingzhi capsules
created a new Company called Gano iTouch to cash-in on the internet like
e-Cosway after their Company went down the drain since the last 2 years,
selling Linzhi and some no-value energy pendants and alkaline water gadgets.
They provide free
transport every weekend from KL to visit their Alor Star office...

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16. **NuLife (HK)*
This Company started by some HK people has been in Malaysia for more than 10
years but they have flopped in HK and Malaysia due to bad management and a
product scam making use of a prosecuted American named Dr Jeffrey Bland,
found guilty of false products claim. Since this case in the US leaked out
and many Malaysians found out that the real boss in HK is a Steven Tang (he
cheated many Malaysians in another scheme about 20
years ago) their business went down all the way. Now they claim Malaysian
partners cheated them and start a new Company in Malaysia . Watch out, this
new Company will come out with some investment scheme idea that will get
many to lose their money.

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17. **Arowana Fish Breeding* *
Oora* from Germany , *Biofuel* (Kompleks Maluri) etc - These are
some newer scams. Arowana fish venture ask you to invest some money and give
you fixed return. Biofuel will tell you their Indonesia connections (just
like Sunshine Empire before using Taiwan) & Oora from Germany(I never trust
those cruel Germans) that market some bio-chips and a gadget that claims to
give energy and therapeutic effects of accupunture, tai-chi, yoga, etc
depending how you set the toy-like gadget, wear it on your body and you get
the effect later.
They could not explain or provide any demonstration to prove their
effectiveness. Only doctors and papers claim that I will never trust. The
health effect is actually PLACEBO, which I will elaborate in a different
thread.


SOURCE......credit to lily