Repost: Sunshine Empire
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Clones are lame.Originally posted by junkieyuri:so what is your opinion about clones? -
its like Kim Jong Il saying dictators are brutal
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yes, i get what you are trying to say. excellent point!!!Originally posted by laurence82:its like Kim Jong Il saying dictators are brutal -
why would i want to be scarastic to you? did you piss me off or you did something wrong? you think too much.Originally posted by emcom:LOL... It doesnt matter. I know u just trying to be sarcastic on ur earlier question. -
LOL.. whatever.Originally posted by junkieyuri:why would i want to be scarastic to you? did you piss me off or you did something wrong? you think too much. -
hahahaha, freaking childish leh. i wonder if all merchants are like you.Originally posted by emcom:LOL.. whatever. -
Please lo.. u are the childish person playing this kind of games. Go over and shake ur good friend's hand lau.Originally posted by junkieyuri:hahahaha, freaking childish leh. i wonder if all merchants are like you. -
You keep telling people to proof what they say. Now pls prove what you dsay. We're a bunch of very curious peeps.Originally posted by emcom:Give me a reason why should I proof it to you? -
Another one! dun just come out n bark.Originally posted by redstone:You keep telling people to proof what they say. Now pls prove what you dsay. We're a bunch of very curious peeps.
What part do u want me to proof what i said? -
Originally posted by emcom:I decide where my own money goes where bec its mine. N i decide whats is better use.
Of cos they deserve help but not only from me. if everyone can donate just $1 for them every month, they might be about to survive. As urself, did u donate to them b4 asking others to do so..
Originally posted by kokov:Yes, a thousand more times to your suggested amount every month.
You tell people to prove what they say.Originally posted by emcom:Then proof what u said.
Why don't you prove what you say? I'm not asking you for income statement of what, just asking for an answer to the question of how much you had made from SE?
Or is the sun finally setting down on the scamming empire?
Sunshine Empire sounds so damn.... nvm... -
It seems the independent distributors are being blamed for the listing . . . for misrepresentation. They are not supposed to sell the GP etcs as investments but as MLM products. But what products have they to show physically, besides the plans in Malacca for example?Originally posted by junkieyuri:When i asked all the SE people that have been bugging me to get a GP about them making the Investor Alert List of MAS, they will just laught it off & say of course they are on the list. This is because they are not doing investments. Well, NTUC Fairprice is also not doing investments but their name is not on the list, so are all the other MLM companies that I know of, like Amway, Nuskin, Herbalife, VE, EY, DW, etc. So how come SE is so special?
If SE is not doing investments, then what exactly is the core business of SE? Can people like "Emcom" answer my question? -
Dun be a kuku la.Originally posted by redstone:You tell people to prove what they say.
Why don't you prove what you say? I'm not asking you for income statement of what, just asking for an answer to the question of how much you had made from SE?
Or is the sun finally setting down on the scamming empire?
Sunshine Empire sounds so damn.... nvm...Originally posted by emcom:Okie.. Since u are just asking, I dun earn much, my earning from there range from 3-5k a month.Originally posted by emcom:ic. okie thats good enough. If you wish to scan and show it to other u can just go ahead.
Btw you can proof u did donate somthing but it doesnt mean I have to proof my income.
But I dun mind proof it, but I can tell you i dun have income tax to proof. If you believe in bank statement screenshot, im can post it for you too. If not treat it as I cant proof it.
Im not trying to make you guys believe in SE. Its up to individual. Its works for me and im hapi with it. -
News
CM works to solve land dispute
http://www.thestar.com.my/news/story.asp?file=/2007/9/16/nation/18904068&sec=nation
No application for Klebang theme park
http://thestar.com.my/news/story.asp?file=/2007/9/15/nation/18895403&sec=nation
Controversy over reclaimed land in Klebang
http://thestar.com.my/news/story.asp?file=/2007/9/14/nation/18883623&sec=nation -
Dear Friends,
This message is to create a warning on Empire Alliance Group (EGA). The company has a subsidiary, Sunshine Empire (SE), which mainly functions as Multi-Level Marketing Company. It is selling e-points which can be used to purchase products on their website. The scheme started 2006, August. Prior this project, EGA (or rather J*mes Ph*ang) has another project called New-Trend International (NTI) & Magic Kingdom (which claims to invest in Indonesia property) in Singapore which also functions somewhat similar, and it is now diminished in Singapore.
Sunshine Empire is on MAS consumers alert list (http://www.moneysense.gov.sg/check_our_list/Consumer_Portal_IAL.html). If you ask any of the SE members, they?ll tell you it?s not an investment company, but their proposal & key attraction work in that nature, using the word ?partnership?. Using wordings to find legal loopholes does not indicate legitimacy.
SE?s scam revealed in China: http://www.pincom.cn/action/eliteview?elite_id=1000000000225351
SE is located in Singapore, HDB Hub, Biz 3, BLK 490 Toa Payoh Lorong 6 hub, #07-10, s310490.
Anyone passing by TPY, would probably heard of Emcom or Sunshine Empire. The customers of the company is overwhelming people are literally queuing up to purchase (Gold Partnership) GP, currently costing at $11,520, to enjoy Customer Rebate Privileges (CRP) & Customer Loyalty Privileges (CLP) which is the main attraction of this scheme.
All of the people I know bought a few, some even ten, twenty, or more GP. The company claims they have more than 30,000 members each holding 1 or more GP which translate to at least $345.6 million SGD used to purchase GP. And their numbers are indeed convincing for anyone who stepped in their office before.
The money from GP is said to invest in a wireless project in Taiwan, Emcom. I highly suspect that the company is using the word ?rebate? & ?products? to cover meaning of dividends or investment returns or ponzi scheme. A Ponzi scheme usually offers abnormally high short-term returns in order to entice new investors. The high returns that a Ponzi scheme advertises (and pays) require an ever-increasing flow of money from investors in order to keep the scheme going (http://en.wikipedia.org/wiki/Ponzi_scheme#Overview).
As far as I know, the key activity in Singapore is financing, so is their function other countries establishment.
The proponent:
1) Basic membership (SM) cost $1,240 SGD
2) Customer Alpha purchases 1 Gold Partnership (GP) at $11,520 SGD.
3) Alpha will get $2,500++ SGD the following month,
4) Alpha gets $1,300++ SGD every following month till total rebate of $19,200 SGD in about 15 months, guaranteed.
5) The company is able to payout such high returns from their ?other sources of income?
6) Sunshine Empire payout is based on how many people purchases GP every month (Multi-Level Marketing). SE uses new GP to pay existing GP > contravenes MULTI-LEVEL MARKETING AND PYRAMID SELLING (PROHIBITION) ACT (CHAPTER 190)
7) Once Emcom project launch in Taiwan, they?ll take 50% of the profit to share with each GP, till a total return of another $96,000 SGD. Expected to be over 5 ~8 years.
All ?partners? are encouraged to bring in more friends & relatives to purchase GP.
The contract, as attached with this mail, does not mention about the returns, any guarantees, or cash returns, which does not match their verbal presentation. All clauses seem to cover up for the company. Even if the project did exist and profits, the company is not obligated to pay the ?partners? anything.
He will get $ from ponzi schemes; All/Most Ponzi Scams WILL payout as promised as long as new members/investment are enrolled into the program, until the members/investment can no longer sustain the payout. It is designed to make people believe, & sign without reading the contract. If SE is sincere of their promise (for long term), the contract will not be written in such?
Even if he did made $ from ponzi schemes (by joining early & stop reinvesting early), it is unethical & unlawful money as it is cheated from his ?downlines?.
To summarize:
1) SE is promoting Multi-Level Marketing, using new GP to payout existing GP. > contravenes MULTI-LEVEL MARKETING AND PYRAMID SELLING (PROHIBITION) ACT (CHAPTER 190) http://statutes.agc.gov.sg/
Someone told me about MLM exclusion: http://app.mti.gov.sg/data/pages/81/doc/frm_LEG_MLMOrder_Act.pdf But maybe he can?t read & understand SE?s GP costs $11,500 already fails to meet any standard in the exclusion.
2) Such ?rebate income? is unregistered source of income and partners in SE mentioned some money launderers chose to buy GP. Verbal guaranteed rebate of 166% of initial purchase price, suspecting using of wording ?rebate? to cover meaning of ?income?.
3) The proposal is promoted as mainly investment, but not registered with MAS, however, product e-points are being sold, but not the focus of the scheme.
4) SE as MLM, not direct-selling, nor registered under Direct Selling Association of Singapore.
5) Verbal agreement does not match of written agreement, the written agreement differs from verbal as,
a. There is no mentioning any form of cash returns.
b. There is no mentioning money used to purchase GP goes into Emcom or any other projects.
c. There is no mentioning a promised percentage of EGA?s or SE?s or Emcom?s profit will be used to rebate the customers.
d. There is no mentioning guaranteed returns
e. There is no mentioning principle protected.
f. The written agreement is designed as a normal purchase agreement, whereas the verbal presentation & agreement is promoted as a high yielding, returns guaranteed investment.
6) Suspect of a ponzi /confidence scam, a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme. Usually over 90% of the people who get involved in pyramid/ponzi schemes never recoup their initial investment. (http://en.wikipedia.org/wiki/Pyramid_scheme).
I have filed a report to CAD on Feb 2007 but still awaiting action. According to his statement, CAD is eager to carry out investigation on Sunshine Empire and filed to regulator MAS, however MAS haven?t pass an order for investigation on SE.
SE can probably push everything to individual?s presentation fault to avoid prosecution (that?s why the contract is different from verbal agreement, to make use of "distributors"), however since all members of SE learns and presents the same, there should be a mastermind; either way, the activity, if illegitimate, got to stop. Hope authorities can gather proof to prosecute the real masterminds instead of fishing ikan-bilis due to legal loopholes, if illegitimate.
Ponzi scams has existed more than a century, today's schemes are often considerably more sophisticated than Ponzi's, although the underlying formula is quite similar and the principle behind every Ponzi scheme is to exploit lapses in judgment arising from an investor's lack of information.
People cheated by thousands of scams around the world are not fools, many of them are graduates from universities & successful businessmen; swindlers tell stories like those you heard, & some believes. Swindlers (at least some, rest simply copy & modify) are clever, good mathematicians, good at penetrating legal loopholes (if I can understand so much, pro conmen can do better), and of course, lying.
The scheme has already affected more than 30,000 Singaporeans and multiplying by the day, it may soon reach market saturation in Singapore and may collapse, affecting the maximum population, and usually over 90% of the people who get involved in pyramid/ponzi schemes never recoup their initial investment.
No surprise we?ll know some people in SE, most people on the ground are innocent (despite annoyingly high), please do not be angry with them, although by participating & promoting they already liable to charges. Tell them about ponzi scams & JP history & senses, nicely.
Please forward this message to people you care about to warn about such schemes, and if you will, write in your concern to:
Monetary Authority of Singapore
10 Shenton Way MAS Building
Singapore 079117
[email protected] email address is being protected from spam bots, you need Javascript enabled to view it
Tel: (65)-6225-5577
Fax: (65)-6229-9491
Commercial Affairs Department
Address : 391 New Bridge Road #06-701
Police Cantonment Complex Block D
Singapore 088762
Tel : 1800 325 0000
Fax : 6223 3171
[email protected] email address is being protected from spam bots, you need Javascript enabled to view it
..or relevant authorities to encourage their investigation.
No matter you are SE members or not, do encourage the investigation. So if SE is legitimate from legal audits, opposes cease; if not, we learn experience & move on. Or that day new investors are unable to sustain pyramid model, we can all learn from experience too.
Best Regards,
C S Ng
?What if five robbers were robbing for you, and they each recruit five robbers to rob for you??
Attachment:
http://scams.myphotoalbum.com/view_photo.php?set_albumName=album01&id=ea_contract_f -
As long as there is money to be made, no matter how unethical, the greed of humans will still prevail.
Well hope the authorities can something about this soon. -
My friend have just committed social suicide by joining MLM ... The moment my other friends see him , they shun him because his hard-sell tactics is so repulsive
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WOOOOOHOOOOOO...... Look whos talking?????Originally posted by emcom:Seriously, the above worth less than 2 cents. Another LFI... n also like to put a disclamer.. LOL.. lame!
I am worth less than 2cents???? Hmmmmm........
Yes yes i may be LFI but before i am in it i knew this EMCOM thingy already....
Maybe i will put my money in ...... i got a friend keep telling me... really matb should try....dunno 20k can fetch wat hor....?????Rates better now?? can anyone enlighten me??? i might join LFI but does not mean i restrict myself to more opportunities rite..... -
i was at long john silver at far east.. sat bside this 2 person.. the guy was dono tokin about wad ( probably mlm ) to the lady. Heard him say wad investment thing d.. he was drawing some stuff on his paper ..saying wad put in how much money into the account..then next time want buy flat or buy wad can take out and use. izzit mlm or am i just anyhow say.
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I'm only inactive for 4 weeks and certainly there's still progress made in this thread, but from the way it's progressing, it's the direction which I've expected.Originally posted by brokenluv:i was at long john silver at far east.. sat bside this 2 person.. the guy was dono tokin about wad ( probably mlm ) to the lady. Heard him say wad investment thing d.. he was drawing some stuff on his paper ..saying wad put in how much money into the account..then next time want buy flat or buy wad can take out and use. izzit mlm or am i just anyhow say.
Back to the Quote:
For your Information: There are a lot Scam Companies Outside in the whole of Singapore.
It is just that some Scam Companies choose to keep low profile so they can remain un-interrupted during their operation and only when they cease all operations than will they light be shine on them due to complaints.
This is just 1 very common sign which I observed from Newspapers, Internet and by going to Different Companies.
As for Big Scam Companies, I believe without me saying anything more, with those which I've posted in the past giving warnings (via sharing advices accordingly to the situation depending on the situation based on Sunshine Empire's Actions) to the public way before all these news surfaced, those who heed the advice, that's good.
Those who choose to ignore, I can only wish them "Luck" (Fingers Crossed; You people better prey hard that The Latest Malaysia Acquisition Is Corruption Free.
Disclaimer: This Word which I use as Corruption is PURELY BASED on what my analysis together with some history of being together with them PLUS constant Regular Updates from different Independent Distributors and Those Collective News Published over the Net, Radio, Newspapers.
This is purely a sharing session summarized in short layman terms.
I will not be held responsible for whatever I said (Mainly to prevent myself from being engaged in Lawsuit etc) But I am More Than Willing To Share What I know (Documents and Past to Present Progress to what I know of) with people who are keen.
Piece of Advice: You can Ignore a Few People's Complaints, but Complaints made to MAS and board cast over the Radio & Published in the Newspaper can't be taken Lightly since they are regulated and watched by GOVT Related Agencies thus whatever is being highlighted in those channels of distribution of news can't be ignored
Just upon less than 2yrs of operation of Emcom together with their Super Far and Unrealistic Plans, there's so many Issues being Surfaced, thus if they say it's a Long-Term Dividends for their Loyal Consumers "I would replace it with Loyal Innocent/Ignorant/Greedy Victims" Think Again. Are your Cash Placed in a Save & Sound Place?
Disclaimer: Again this is purely my own observation but rather actually its generally knowledge which everybody knows. Anybody/Any Company which has being Blacklisted Can't Last Long Enough. But just to caution you readers, be prepared not even to get a single cent back in the event shld something happen to this company. -
Originally posted by the_fallen:
Just wondering why LFI networker just dare not be responsible of what they said. If you dare to post something, then be responsible to it, stop placing a disclaimer clause, and trying to get away if info posted are incorrect.
I'm only inactive for 4 weeks and certainly there's still progress made in this thread, but from the way it's progressing, it's the direction which I've expected.
Back to the Quote:
For your Information: There are a lot Scam Companies Outside in the whole of Singapore.
It is just that some Scam Companies choose to keep low profile so they can remain un-interrupted during their operation and only when they cease all operations than will they light be shine on them due to complaints.
This is just 1 very common sign which I observed from Newspapers, Internet and by going to Different Companies.
As for Big Scam Companies, I believe without me saying anything more, with those which I've posted in the past giving warnings (via sharing advices accordingly to the situation depending on the situation based on Sunshine Empire's Actions) to the public way before all these news surfaced, those who heed the advice, that's good.
Those who choose to ignore, I can only wish them "Luck" (Fingers Crossed; You people better prey hard that The Latest Malaysia Acquisition Is Corruption Free.
[b]Disclaimer: This Word which I use as Corruption is PURELY BASED on what my analysis together with some history of being together with them PLUS constant Regular Updates from different Independent Distributors and Those Collective News Published over the Net, Radio, Newspapers.
This is purely a sharing session summarized in short layman terms.
I will not be held responsible for whatever I said (Mainly to prevent myself from being engaged in Lawsuit etc) But I am More Than Willing To Share What I know (Documents and Past to Present Progress to what I know of) with people who are keen.
Piece of Advice: You can Ignore a Few People's Complaints, but Complaints made to MAS and board cast over the Radio & Published in the Newspaper can't be taken Lightly since they are regulated and watched by GOVT Related Agencies thus whatever is being highlighted in those channels of distribution of news can't be ignored
Just upon less than 2yrs of operation of Emcom together with their Super Far and Unrealistic Plans, there's so many Issues being Surfaced, thus if they say it's a Long-Term Dividends for their Loyal Consumers "I would replace it with Loyal Innocent/Ignorant/Greedy Victims" Think Again. Are your Cash Placed in a Save & Sound Place?
Disclaimer: Again this is purely my own observation but rather actually its generally knowledge which everybody knows. Anybody/Any Company which has being Blacklisted Can't Last Long Enough. But just to caution you readers, be prepared not even to get a single cent back in the event shld something happen to this company.[/b] -
better than agents from a company who couldnt decide whether they are promoting MLM schemes, investment products or just pure products services, and end up getting exposed by MAS
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U are the worst of all btw. No experience as networker and just roam ard here duno for another than looking for quarrel with networkers.Originally posted by laurence82:better than agents from a company who couldnt decide whether they are promoting MLM schemes, investment products or just pure products services, and end up getting exposed by MAS -
i cant beat you
cant answer to the points yet resorting to twisting facts -
as usual, making a fool again.. twisting fact? U are number 1 lo.Originally posted by laurence82:i cant beat you
cant answer to the points yet resorting to twisting facts -
nuthing to say
the silence by the SE agents to disprove all the points are deafening