Wednesday, November 9, 2011

Most dangerous companies

The Cafe Scams – Island Red Cafe & Stevens Corner
 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? Both collect monies from new members with MLM recruitment schemes and pay the old members like 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 .
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. It’s just an excuses not to  pay back to members and members are only paid “e-bonus-points” which is cashless.
So victims act like Vampires and “forced” to victimise other victims if they wish to get their monies back.
This Company owned by 2 young men, Stanley & Rey Gan, office in Queens Avenue Park has collect multi-millions the last 2 years. 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.
Water Business – Oxygenated and Alkaline Water Products
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).  Business now. Their products are sold for RM2 to RM3 for a 350ml bottle and now concentrating mostly in the Indian market.   (Latest news, SITO shifted to another place and their MLM business has closed but planning to start again with a different name, beware!!)
 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. 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.
Perfumery Products
Bel-Air have closed in 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.
 Energy Products
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.   Investment Schemes<No longer in operation since busted by BNM>
(Now, it’s closed or stopped paying back members.)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.
A Company named Visible (new office at Auto City Prai) is using MLM to sell fortune telling classes using your birthday based on numerology fortune telling.
12. MJ – Life
New members are told to pay a sum of money (up to RM1000) and you get NOTHING for it. Most members who paid the money ended up with nothing.
Seaweed Venture Scams. such Company is located in Taman Maluri, Cheras.
MXM (Previously MGM) 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
.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 .
 Arowana Fish Breeding
Oora from Germany , Biofuel (Kompleks Maluri) etc – These are some newer scams.  Only doctors and papers claim that I will never trust.

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