skim cepat kaya, mlm , and etc..
KUALA LUMPUR, Oct 21 — Police are investigating a restaurant franchise chain after 10 investors, including a Singaporean, lodged a report claiming one of its directors had absconded with more than RM9 million. The investors are part of a group of more than 3,000 people, mostly Malaysians, who bought shares in the franchise known as Island Red Cafe. About 200 Singaporeans are said to have invested in the company, which claimed a monthly turnover of about RM2 million. Each lot of shares was sold for about RM6,000. The first Island Red Cafe opened in Kuala Lumpur in 2007. The cafe is known for its range of local and Western food and has 15 outlets throughout Malaysia. The 10 investors lodged their police report at the Nusa Bestari police station in Johor Baru on Sunday. The MCA Youth’s consumer affairs bureau, which promotes and enforces consumer rights, is working with the police to deal with complaints. The Singaporean who lodged the report, Ng Ee Siong, 50, said he was lured into investing in the business by its concept. Ng, who works in a multi-level marketing business in Singapore, said that in return for a lot of shares that he bought some time last year, he was given a voucher worth RM100 to spend at any Island Red Cafe and RM300 in cash on a monthly basis.
He said: “I could easily have made back my principal sum in two years that way and earned a profit too.”
He said he bought a second lot of shares late last year and also introduced five Singaporean friends as investors.
But Ng claimed that he stopped receiving the vouchers and cash payouts earlier this year, adding that he had not been able to contact any of the company’s four directors — including the one who is said to have absconded.
this was an article in one of our daily newspaper, which i have read 2 months back, but decided that it is ok for me to post it now as it is officially over..haha.
i mean, non of my frens who is active in this so called IRC..
when would one ever learn their lesson? ever heard that history do repeat?
ok enough of IRC..
so what is the new mlm company making its name today?
this is the new brand in the market..dreambabylon.. can check out their website..forget wats the link d...
a fren of mine ask me to join. from wat i noe is, i join pay 100 bucks, and if my MAXIS pakej is dunno wat package, i can get a free nokia colour phone..wat model is depending on the pakej of ur MAxis bill..
and also can choose one nite stay in langkawi or penang..
so i told my fren, all this are scam... but she told me that her cousin recommended this to her..do u think my cousin will cheat me into this? tats what she told me...
no use arguing with her,if that what she believe than thats fine..and so i ask her help me register, but my idea is very simple, u get me the phone and i pay u the 100 bucks..if it is not a scam, no harm u paying that 100 bucks for me first rite??
but till today., i still din get to see my phone..
ok, reason of she saying not a scam.. because a few big players is involve.. etiqa for example..
her point was, if it was a scam, why would etiqa be in it?
but hello,!>!>! did u noe that when IRC first occur, it even made it into Bernama tv?
and fyi when Bernama tv interviewed them, it was for free..
and in this case, when etiqa is involve, u are actualling using their services. so wat is so big deal about etiqa being part of it??
and another reason is, i am not saying ur cousin will cheat u into this scam eventhough he noe it is a scam ( some mlm ppl do understand the concept but still insist in aksing ppl to join just to earn more money )
maybe is ur cousin dont understand the concept..he is cheated by the person who ask him to join and he innocently ask u to join and this scenario go on and on....
and MARK MY WORDS, give urself 2 years, if in 2 years time that company is still going good, a meal is my treat to u :)
p/s is just plain tired of such mlm concept..
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