SwissCash
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Marketed through the Internet, the SwissCash website claims that investors can achieve a total of 300 per cent returns in 15 months, or average returns of 25 to 45 per cent per month, through investments in commodities, for exchange and equities.
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The firm, Swiss Mutual Fund, is an offshore investment company headquartered in the Commonwealth of Dominica, according to its website www.swissmutualfund.biz. -
They do not have an office..Originally posted by the_fallen:is there anyone who is still involved in this swiss cash?
although it's a publicly listed scam already, but i'm kind of curious of it.
can anyone bring me to their office to take a look?
or do they don't have office?
Offshore investment 1... -
I am in Swiss cash.. I have been in swisscash for quite some time le.
been getting back my cash all this while.
well.
there are time where by i cannot logged in,
webbie down for maintenence .. etc..
but still all in all..
money come still transfer to my bank. -
Ignore Rapport_Lad.
The only money u probly get out of this MLM bullshit is hell notes
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like we've probably stated before... we do not disagree that the money will be deposited back to a participant.Originally posted by spycampers:I am in Swiss cash.. I have been in swisscash for quite some time le.
been getting back my cash all this while.
well.
there are time where by i cannot logged in,
webbie down for maintenence .. etc..
but still all in all..
money come still transfer to my bank.
the case in point is that swisscash does not deal with any product -- but purely using new "investors' " $ to payback existing "investors" -- & also go around telling people they are "network marketing".
swisscash is just like the ladder-matrix money-games that still go on to this day on snail mail, e-mail combined with snail-mail, & recently e-mail combined with Paypal!
(y'know, the "send $5 to 5 people" scheme.)
no product = illegal.
what's more amazing is... so-called "educated" Singaporeans joining in swisscash, or some of the other money-games without giving it serious academic thought.
then this same "educated" lot deem everything a scam (pulling in legitimate product/service network marketing companies into the picture with their illogical assumptions) when their "investments" were actually lost when the money-games ran out of new investors, or these companies just decided that they've got enough capital in the pool and wanna run off with the loot.
[ on a separate note: NTI / Sunshine Empire / Emcom sounds more & more like an evolved version of Swisscash with a "wireless project" front. ]
also for swisscash:
why are their websites constantly down. why are paybacks done in e-format which only is released when minimum sums are met.
WHY the need to "use" the name Swiss???
sounds like an unstable infrastructure that can't be trusted right from the beginning!
with true network marketing... even if one doesn't participate in the payback / rebate / commission / income scheme... at least he/she is a user of true blue products
(sometimes "magical" in jewels / magnetics, & sometimes immediately beneficial & visible in services / cosmetics / supplements!
even legal services & real estate are sold mlm style in developed economies!
of course, most would logically support the latter more as its easily proven.) -
serious anot?Originally posted by spycampers:I am in Swiss cash.. I have been in swisscash for quite some time le.
been getting back my cash all this while.
well.
there are time where by i cannot logged in,
webbie down for maintenence .. etc..
but still all in all..
money come still transfer to my bank.
you have a office?
i've seen a swisscash agents name card before with some address on it..
can show me your office if there's any.. -
Serious.Originally posted by the_fallen:serious anot?
you have a office?
i've seen a swisscash agents name card before with some address on it..
can show me your office if there's any..
and office.. name card.
well..
the swisscash things..
well..
mostly SC is investing the money on share .. futures.. etc..
SC office is in USA. -
whoa, like that no physical address in singapore you also join?Originally posted by spycampers:Serious.
and office.. name card.
well..
the swisscash things..
well..
mostly SC is investing the money on share .. futures.. etc..
SC office is in USA.
what's their website?
why join when it's so fake? (since i know there's no free lunch - learnt it the hard way - sigh..) -
www.swisscash.bizOriginally posted by the_fallen:whoa, like that no physical address in singapore you also join?
what's their website?
why join when it's so fake? (since i know there's no free lunch - learnt it the hard way - sigh..)
well...
for me..
i invested not much..
so it kind of like gamble to me.
with risk and money i affordable.
so far , for the past 7 months i have recieve my income.
so it okie for me -
ok lar, can receive money back good liao
xie tian xie di -
I would say the mastermind who started this SwissCash MLM must be quite a genius. Sadly, a genius who uses his brain to prey on the greedy and desperate. It would be interesting to know how the whole operation work, how he gets the money, how much he made, how he pays off back to investors, who created and manage the website? The saga is probably at it's end stage for this fictitious company but I doubt very much about the police's or interpol ability to catch the mastermind.
I reported this SwissCash to CAD since abt 5-6 mths ago and it easy to see that even our CAD are quite loss at how even to check if this thing was fake. Our CAD officers and probably also our Malaysian police are also less bothered about making a more thorough investigations as I believe then there were still few victims or even none who have yet to report it.
With some monitoring, I observed the mastermind was constantly covering up his loopholes. At first, his website was only looking real. Swisscash website was hosted under fictitious names and contacts. There was also no feedback system. Then it changed. Website was revamped and a feedback system was created to make it more believable for the victims. Then he started putting in more realistic site registration names and contacts but which actually led to nowhere or anything related to this company. I guess it was an effort to put away the suspicious techies like me.
I also believe the mastermind is using largely the internet forums in each the country that he is targeting to advertise this Swisscash. He is probably among the many forumers who promote the scheme and at the same time puts in some "convincing theories" to rebut the truth. At the same time, he educates his investor on how to convince and draw other investors.
Fellow Singaporeans, MLM/ponzie schemes are almost all totally fake. Don't be a fool and also make others a fool.
Just my two cents -
It would be interesting to know how the whole operation work, how he gets the money, how much he made, how he pays off back to investors, who created and manage the website?
haha. isn't it easy to figure out?? its all over their website!
its a joke that us "educated" singaporeans have their "business plan" right in front of our eyes, but fail to recognise the fraudulent nature of it.
(perhaps this only proves that a multi-level marketing scheme does make business sense. except that us "educated" farts are so f-ing lazy that we'd rather be a part of a product-less "mlm" which promises something for nothing. hahahahah. dooohhhh!!!)
true product network marketing is business marketing at its best.
they deal with real products and services.
yet transferring the margins back to the product/service promoter/consumer.
are you going to denounce The Body Shop (yes it's the same one your lady friends shop at!!), financial services (e.g. primerica, subsidiary of Citigroup!!), (decades old) insurance, legal services, real estate & telcommunications??
Harvard University educated Professor (Dr) Charles King has already explained it in laymen's terms.
Those who need him to explain it to you in-your-face on the same monitor you are right now hiding behind reading this forum, drop me a PM with your email, and i'll send you the video.
when you deal with a product-less business.
its just money in, money out.
what swisscash, xthreem, esuissefund, etc does are require you to invest a certain "minimum sum".
they gain your confidence by "guaranteeing" your money-back if you choose to "back out".
but do you realise that when you demand for your refund, they deduct the paybacks that you have received -- in the end you only receive your original sum.
that means 0% interest on your hard-earned $.
which also means this lump sum of $$ ka-ching $$ (from thousands of investors, including some who put in 6-figures USD!!) gets put in the mastermind's account for his/her own (ironically) legitimate private investments to gain a better % returns.
in the end if you demand a refund (big if here especially for those who have been convinced & have invested), you either get a delay on it, an excuse, a lock-down, or just a refund less your "income" received.
ZERO percent interest!
as for those who got in early and broke even, the mastermind is banking on the fact that, more likely than not, one will be greedy enough to continue "parking" his/her sum invested to continue "growing" his/her cash. and even going to the extent of "promoting" this "investment" to friends & family & co-workers!
their favorite terms in these companies -- RE-INVESTMENT.
utter BULL-CRAP.
and this scheme survives just because more & more people will get to learn of it and join in.
there is more $ coming in, than going out.
don't forget the "re-investments " keeping the $$ within the swisscash "pool of money".
something for nothing is plain B.S.
if you want to gain from network marketing.
you need to get to work with a legal product-based system -- part-time / full-time / whatever.
just get marketing. (& hopefully not with the dirty-tactics-employing singapore setups)
(btw, work does not include committing your startup purchase of products and kicking back waiting for the $$ to flow into your lap like how swisscash & their peers are promoting.)
the only question remains of the mastermind is "how he gets away with creating such a web-based operation" and gets off with it in this modern day of IP address logging, cyber-policing, etcetc.
come on CAD, CASE, MTI, DSAS, wtf are you guys doing?! -
hmm..Originally posted by nwm:come on CAD, CASE, MTI, DSAS, wtf are you guys doing?!
actually i will like to know is.
what u want the CAD to do?
who u want to catch?
base on what charges u want to charges the person?
one of the strange things is..
the one created this SC .. is not in singapore..
so u find singapore authority.. got use ma??
secondly .. is..
if the SC still continue to pay out money..
how u charged SC??
firstly SC can said .. this system is working..
and have proof that ppl still receiving money.
so u can catch him for what??
cheating money when he still paying out to ppl??
U can only charged him if he DIDN'T pay out any $$.
Do u get what i am trying to said?? -
hi spycamp,Originally posted by spycampers:hmm..
actually i will like to know is.
what u want the CAD to do?
who u want to catch?
base on what charges u want to charges the person?
one of the strange things is..
the one created this SC .. is not in singapore..
so u find singapore authority.. got use ma??
secondly .. is..
if the SC still continue to pay out money..
how u charged SC??
firstly SC can said .. this system is working..
and have proof that ppl still receiving money.
so u can catch him for what??
cheating money when he still paying out to ppl??
U can only charged him if he DIDN'T pay out any $$.
Do u get what i am trying to said??
i gets what you ares trying to said.
you are still quite young it seems(??).
if you do not know the law yet, check it out here.
we already stated that we do not disagree swisscash will payout to its early members... using new members hard-earned money.
dooohhh!!!
you speak as if you know who the mastermind is. are you him??
i'm sure many want to charges the mastermind according to the law.
even if he is not physically in tiny Sg, he has broken the law and can be extradicted to be charged. have you heard of interpol??
i think not.
anyway all this boils down to what CAD wants to do when presented the facts/evidence.
hence "CAD, wtf are you guys doing??" -
I too understanding about the marketing and sales aspect of the Swisscash operation but in these modern days, I especially found this guy very clever in working his financial portion of his operation.
I would think there are 2 avenues to zoom into the mastermind. One is through his internet activity and the other is through his banking activity. And the mastermind is probably well versed in these 2 areas and understands the loopholes that make it difficult to trace him.
While he has his website hosted in US, he can't be stationed there as it seems that Malaysia and Singapore are his main investors.
We'll just have to wait and see if either the CAD or the Malaysian police does manage to catch him or he flies off fast enough! -
Originally posted by nwm:
the law u said i understand..
hi spycamp,
i gets what you ares trying to said.
you are still quite young it seems(??).
if you do not know the law yet, check it out here.
we [b]already stated that we do not disagree swisscash will payout to its early members... using new members hard-earned money.
dooohhh!!!
you speak as if you know who the mastermind is. are you him??
i'm sure many want to charges the mastermind according to the law.
even if he is not physically in tiny Sg, he has broken the law and can be extradicted to be charged. have you heard of interpol??
i think not.
anyway all this boils down to what CAD wants to do when presented the facts/evidence.
hence "CAD, wtf are you guys doing??"[/b]
the interpol u mention i also know.
as for the master mind of SC.
me isn't and i dun know him.
as for the laws u mention.
it for singaporean only.
but MLM is not illegal in some other countrys.
If this SC guy is using a server whereby it LEGAL for that country.
U seriously still think interpol can do anything??
anyway.. Singapore got a lot of MLM companies.
and most have been around in singapore le.
U seriously think that CID .. CASe.. all this...
they dun know anything and
they NOT doing anything?
now here come the tricky part.
why they didn't take action.
how about u answer this Qns?? -
personal view..Originally posted by apples:I too understanding about the marketing and sales aspect of the Swisscash operation but in these modern days, I especially found this guy very clever in working his financial portion of his operation.
I would think there are 2 avenues to zoom into the mastermind. One is through his internet activity and the other is through his banking activity. And the mastermind is probably well versed in these 2 areas and understands the loopholes that make it difficult to trace him.
While he has his website hosted in US, he can't be stationed there as it seems that Malaysia and Singapore are his main investors.
We'll just have to wait and see if either the CAD or the Malaysian police does manage to catch him or he flies off fast enough!
this guy can be anywhere.
the SC calling number is
+1 212 386 5570
which is a USA number (+1)
and when i transfer money from SC to my POSB acc.
the draft statement also USA.
as for main investors.. i dun dare to said only singapore and malaysia only.. -
Yes... he can be anywhere. But I am just guessing where he stays around the most.Originally posted by spycampers:personal view..
this guy can be anywhere.
the SC calling number is
+1 212 386 5570 386
which is a USA number (+1)
and when i transfer money from SC to my POSB acc.
the draft statement also USA.
as for main investors.. i dun dare to said only singapore and malaysia only..
Try calling the number and tell me the story again and where this number is suppose to be.
I'll tell u more after that. -
Latest News from malaysia!!!!
Swisscash belongs to the one-eye, CON man, Mr James Phang!!!!!!!!
Another project to CON people!!!!!!!!!!! -
Its not surprising, considering there were reports of Malaysians setting up similar websites claiming to be Australian schemes some time agoOriginally posted by MLM Victim:Latest News from malaysia!!!!
Swisscash belongs to the one-eye, CON man, Mr James Phang!!!!!!!!
Another project to CON people!!!!!!!!!!!
Question is, do you the article or anything that says its JP's? -
wow!!!
this is a very interesting twist!!
what say you, the_fallen? -
sure or not?Originally posted by MLM Victim:Latest News from malaysia!!!!
Swisscash belongs to the one-eye, CON man, Mr James Phang!!!!!!!!
Another project to CON people!!!!!!!!!!!
he got so smart to think of this super obvious scam meh?
the current project he's doing is already one.
anyone interested in details of why i say so, can feel free to approach me, we meet, and i'll show you what the tricks of his from govt searches.
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what's up with SwissCash??
http://www.swisscash.net
http://www.swisscash.biz
a new BelAir - Lampe Berger rivalry going on??We are glad to announce you that we have started a new project of SwissCash. Unfortunately Michael Mansfield left our team and working on his own at swisscash.net
anyway if it's so difficult to pin these masterminds down... then who the heck are these individuals?
We are not responsible for investments to this company But we are still working with VIP investors from old SwissCash project and they are successfully transfered to a new one. If you didnt get a email regarding this transfer than you keep working with old project but you can withdraw your funds and we`re happy to accept it to SwissCash.biz Our new goal is to build a new investing opportunities supported by a professionals. We have a great expirience working with previous project so now we can offer a better service for you.Chief Financial Officer
Michael Mansfield
Risk Management Team Leader
Kurt Sandelman
Investment Team Leader
Rupert Benedict da Vinco
International Banking Team Leader
Julia Rodriguez
Marketing & International Affairs
Hector Willem Sidberg
Customer Service Team Leader
Fernando Munoz -
Swisscash has been in the news lately in Berita Minggu. One was front page news.
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don't have berita minggu wo.Originally posted by Guile:Swisscash has been in the news lately in Berita Minggu. One was front page news.
what does it said??
anyway..
just want to said.
SC haven't dead yet.
as i still get money