Showing posts with label News. Show all posts
Showing posts with label News. Show all posts

2009-06-12

Top Scams in Malaysia

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.
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…..
  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.
  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.
  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.
    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.)
  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.)
  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".
  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.)
  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?)
  11. Numerogy & Fortune Telling
A Company named Visiber 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.
  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.
  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.
  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.
  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.
  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.
    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.

2009-04-15

Black is In

 "Black is in!"


 The most powerful politician in the world is Black.

The head of the Republican
National Committee is Black.

The best known media mogul on earth is Black.

The greatest golfer in the world is Black.

The top female tennis
players in the world are Black.

The highest grossing actor worldwide is Black.

The fastest racing driver in the world is Black.

The brightest Astrophysicist under the sun is Black.

The Superbowl-winning Head
Coach is Black.

The most successful brain surgeon in the world is Black.

The fastest human on the planet is Black.

 
.. Michael Jackson must be kicking himself.

2009-04-14

巴菲特看中国

写这篇博文,是因为发现一个奇怪的现象,就是在海外的人士基本上对中国看好,而在国内的一些人确对中国看差。所以这里把俺的一位小兄弟和巴大爷的私人对话,贴出来和大家分享一下。

俺这位小老弟,算是投资界的后起之秀,对巴大爷的投资方针非常推崇,而且还是他介绍了比亚迪给巴大爷。小老弟非常有志气,希望能够好好学透巴菲特的九阳真经,将来成为中国的巴菲特,并希望比巴菲特做得更好。

如果读过俺的博文,应该知道俺对私募基金的行为是不耻的,把它和投资银行,对冲基金,通常为金融界的三大流氓。私募基金的问题,在于用极其少量的资金,以银行贷款为依托,吃下人家资金有些困难的企业,然后就不顾商业和社会利益,关停并转,大量裁员,把社会责任扔给社会,然后就把分撤的义务,重新打包保证一下,换个华丽面孔,到股市上骗一笔钱就走,而让被忽悠了的股民们接手。而这样的公司,大部分后来都是倒闭和破产的下场。

而巴菲特大爷对私募基金的厌恶比俺还要厉害,直接将它们称为"色情店铺"。他认为自己的投资原则是让一个被买了的公司好好发展,对国家,对社会,对公司的股东,对公司的员工,当然还有自己的投资,都是一个正面的作用。而不是这些色情店铺,利用人性的弱点,让被买的公司自伤,来满足他们暴敛的目的。

巴大爷的这种投资思想显然是对一个社会的发展有益处的,这也是为啥俺在博文里说过,中国要出巴菲特,不要出索罗斯。

那么巴菲特对中国的看法如何呢?

巴大爷私下说,如果他晚出生半个世纪,他希望自己是中国人,因为许多伟大的公司将会在中国诞生。

巴大爷认为西方不能在享受中国为他们提供了生活必需品后,又反过来指责中国面临的环境问题。美国人均笑话石油是中国人均的12倍。因此在面对世界的环境问题,应该大家共同努力和面对,指责中国是不道德和不公平的。

巴大爷认为一个国家的政治风险很重要。他曾经同时考虑过投资中国的中海油和俄国的尤科斯,但最后决定投资中国,因为中国政治稳定和政府行为一贯。他和尤科斯老板一起吃过饭,但后来这位老板就进了局子里了。

关于中国在美国的投资和贸易,巴大爷认为,以货易货,不要收美国人的不值钱的废纸(美元),要收等值的货品。

关于中国在苏丹的投资,巴大爷认为,中国需要石油,但是美国基本上在全世界堵住了中国的路。对西方对中国在苏丹上的指责,巴菲特举例子说,当年美国在 1960年时候,还有三分之二的人不能投票。如果那时候,比如说英国跑过来,嚷嚷人权问题,美国就会回到,你给我滚一边去!中国对自己的国家利益也应该这个态度。

巴菲特这个老人,身上没有通常的那种大亨的烂脾气,性格温和而谦卑,待人和气。和俺的小兄弟照相时,也不顾寒风不穿大衣,对后辈的问题也非常有耐心,不愧为投资界的圣人。

当然他的投资不是完美无缺,当时显然有几个投资,俺是不以为然,不过他在2005年买下MidAmerica公司,和他对比亚迪的投资,都是俺支持和鼓掌的。

source: http://blog.wenxuecity.com/blogview.php?date=200903&postID=7519

2009-04-06

Raccoon bites off man's penis



A RAGING raccoon has bitten off a pervert's penis as he tried to rape the animal.

Alexander Kirilov, 44, was on a drunken weekend with friends when he leapt on the terrified animal.

"When I saw the raccoon I thought I'd have some fun," he told stunned casualty surgeons in Moscow. 


Now Russian plastic surgeons are trying to restore his mangled manhood. 

"He's been told they can get things working again but they can't sew back on what the raccoon bit off," said a pal. 

"That's gone forever so there isn't going to be much for them to work with."

2009-03-30

Nothing is impossible...

Nothing is impossible in life.... see below

21 yrs back in his grandma's place..


From one of the poorest family's chair to the most powerful chair in the world. ....!!!


Attitude leads person to any destiny….keep on moving….

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