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Blacklist - most dangerous company in Malaysia In addition to the recent highlight by the mass media, here is somegood compilation of suspicious business scams. 1. The Cafe Scams - Island Red Cafe & Stevens Corner (strange, both in Pandan Indah) - Island Red Cafe collectsmembers RM6,000 each and promised 5% return every monthand even give you a name in the ROC as a shareholder butwhat's the point when they run away? Stevens Corner, thefamous Indian coffee shop follows due to drop of businesssince their renovation. They collect RM3,000 per member andpromise return of RM150 monthly and plans to open nicefanchisee cafe called StevensTeaGarden. Someone mentionedthey will make you sign an agreement that give them therights NOT to pay you anything in future. If you really wish to join, ask for a copy of their agreement and consult your lawyerBEFORE paying them. Bet you will NOT get a copy. Both collectmonies from new members with MLM recruitment schemesand pay the old members like Sunshine Empire. You neverknow when they will run away. 2. Sunshine Empire <No longer in operation sincebusted by BNM> This licensed and legal Company has an impressive office atthe ground level of KUB building along Jalan Yap Kwan Seng,near Menara Public Bank and AmBank Building . They alsohave a showroom office at the ground level in the nextbuilding. 3 or 4 months ago, Singapore's Straits Times andThe Paper published big news reminding their people to becareful and NOT to believe in them. Hope someone can put upthe link or google for it.(As expected, they STOPPED payingback members now and all investors LOST their money).Someone below has put a link to the Singapore news. In factthere are more to it. Although Singapore is investigating them,they did not stop their business as the business is legal and sofar, no Singaporean has failed to receive their commissions aspromised. Thus, the government cannot stop them yet. Thenews published that the founder, director and group presidentis someone named James Phang but he is NOT the owner. Isn'tthis quite strange ? At the end of the game, James Phang can just disappear from the Company easily and claimed that hewas just employed . Such trick always happened in scambusinesses. Now, the Company has STOPPED payingcommissions and interests to members with the excuse thatthe Singapore government has freezed their bank accountwhile under investigation. Do you think their boss will be sostupid to keep much monies in the bank to be freezed? Theyare all transfered away. It's just an excuses not to pay back tomembers and members are only paid e-bonus-points whichis cashless. If they wish to convert to cash, they have torecruit new members to pay them cash and the recruiter lessout trom the amount. So victims act like Vampires and forced to victimise other victims if they wish to get theirmonies back. And their victims will later transform to vampiresand 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 last2 years. Claimed that they tied up with Telekoms, Utility Boardpayment like Water & Electricity bills, even Maybank got fooledby them. Advertisement Billboards everywhere. They STOPPEDpaying back their members few months ago and the memberscannot do anything because they are made to sign anagreement unaware that they have to claims if the companystopped 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 orequipment that claimed the trick.One of the better known Company that sold oxygen water isSITO (supposed to stand for Selangor International TradingOrganiszation and claimed Selangor State Government ownedsome share in it). The key person and founder is a DatoRobert Ong from Rawang but his name is no longer in thebusiness now. Their products are sold for RM2 to RM3 for a350ml bottle and now concentrating mostly in the Indianmarket. Their Chinese and Malays market are long gone sincea year or 2 ago. Their customers are made to believe thattheir water has more oxygen and able to give miraculouseffects for the body. Water is H2O, how to put more O into it ? Anyone knows how much oxygen do we breathe into our bodyeveryday at FOC? Latest news is that this SITO Company isgoing to create new label to market under a new Companysince the SITO name has already gone bad. Someoneinformed that this Company is owing a lot of money (due torefunds) to ex-stockists but just refuse to pay them. (Latestnews, SITO shifted to another place and their MLM businesshas closed but planning to start again with a different name,beware!!) Alkaline Products - Can anyone explain how it can work for thebody? 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 thefootpatch TAKARA, later the cock-ring and energy-cardlaunched the patrol-saving pills last year. Got so hot that evengrocery shops are selling for them. Recently many of thesecars that used the pills are rushing to the workshops to cleanthe residual. Few months ago, another MLM Companylaunched a fuel booster gadget, claimed that saves up to 20%fuel that is attached to the cigarette lighter. Started off wellusing binary plan but business begin to fade now and mostusers find it NOT effective. 6. Perfumery Products (e.g. Lampe Berger & Bel Air) (more details later). LampeBerger is not so hot now in the neighboring countries butthere are still new victims every month in Malaysia . Mustthanks to those who have contributed and kept the threadalive here in Kopitiam. Bel-Air has closed in Malaysia. LB isalmost zero in Singapore. This perfumery product from Francewith over 100 years’ history is just bottles and fragrance(check the factory's website) but the Company marketingthem in Asia claimed aromatheraphy products. Hong KongTVB aired a program that exposed their scam but theirmembers claimed that HK's TVB already apologized to them.Note that the biggest strength in a MLM Scam is theirmembers will go all way out to lie in order to defend for theirCompany. The reason is simple; these members fear that theywill not be able to make their money back if the Company collapsed. Knowing that the Lampe Berger products aremoving slow, they add a line of skincare products namedEstebel also claimed to have over 100 years history in France.(Hardly anymore Chinese newcomers, they are now tappingthe Malays in Malaysia.) 7. Energy Products (e.g. stone pendants, bracelets, mattress and pillows). Theyuse all sorts of gimmicks and demonstration to make you intobelieving them. They will do some tricks and demo to provethat these products really produce energy BUT is there anytricks in their demo? So what if there really produce energy; isit good or strong enough to help the body? The effect isactually 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 dollarsof research involved, e.g. Bio-Young and XKL few years ago.Most of these will claimed a professor behind them (even withname and picture of a person) or used words like U.S.A.formula , German Technology or Nanotechnology and nofurther details (more details later). If you ask for more detailslike the professor or factory's address, the answer will be trade secrets . 9. Investment Schemes <No longer in operation sincebusted by BNM> SWISSCASH is the King of all. Swisscash is nearly over nowbut 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 somenon-value gold-plated coins that are sold for over RM2,000have several names and changed products several times.QuestVacation, QuestNet, etc. They have several offices inAmcorp Mall, PJ and their key person (in fact, the owner), aMalaysian Indian was arrested last year in Indonesia forhaving involved in a very big Philippines scam. Most of theiroverseas offices are closed or inactive but their Malaysia
