Sunshine Empire

last SG · 2008-01-21T16:04:32+00:00

He's Wilson. A low-intelligence musclehead who's slightly plump. hmmm... wat have he done to u..

aHGer^83 SG

those who so called made it are ppl who go from 1 MLM to another.. but how many actually made it b4 they lose all their frens, relatives, close ones??

abductboy SG

Nice one, kyoshirou77.

Surprising, in http://www.emcomgroup.net.tw/companyinfo/news1-2.htm, the phases of EMCOM Wireless are still blinking....

But the truth is already out on who are actually wiring up Taiwan, Taipei, Taiching or what have you....

The news (http://www.taipeitimes.com/News/front/archives/2007/07/27/2003371427) and http://www.asiamedia.ucla.edu/article-eastasia.asp?parentid=74163).

The offical wimax website: http://www.mtaiwan.org.tw/mp.asp?mp=3

I scanned thru the whole website... no EMCOM..

kyoshirou77 SG

Finally, you already admit it that SE can span the payout of 19.2k till 1000 years later as long as SE paying out then it is not a SCAM.

Unlike so many SEA who posted in forums saying 1k/month, guaranteed "return".

Unlike most investment firm, your basic invested sum is guaranteed to return but what you might not get is the interest or so called "CRP" if the invested area doesn't goes too well.

But SE situation is, is SE flung...the basic 10k is gone too. Therefore a higher ROI is needed to lure in the big fish ~

in that case, unless SE ROI is back to 1k/month else is not worth it anymore right?

Since previous payout is 1.4k amount.....where within 10months+, you will recover and started to rip profits.....sweet 7.2k Very Happy

Now....from 1.4k drop until 200+, 12000/200 = 60 months

5 year to take back what your invested not "profits".....the profits only start after you get back your 12k. *Unless 4 years call-back service is a form of interest*

which means..it will take SE another few years to pay back whatever they promised you ~

Must as well place your money in Hoong Leong, OCBC or Citibank....or even a FD within this 5 years you will get more $$$ than SE. You will still get back your basic amount just how much ROI nia.

Unless you have faith SE is gonna last through first 5 years while they holding your 12k and then till the 6th year onward....then you will get 1.4k per/year....which is consider a very high ROI.

do JP have a coy that lasted so long before? 6 years old coy?

Ever wonder why some SLS shops change name after 1 year and yet same people same location? Bcoz they wanted to void all the guarantee they promised before hand.

There are cases of people who invested in NTI (Pre-SE)were not given back their refund, but bring over to SE and converted as Emall Points.

So your 12k might be JP another new company Emall Point, No cash out.....but exchange of goods only.

D-TEG SG

OK. I see your point. So they suffered a great deal and lost alot before they made it. But i am wondering if they made won't he win back all his friends and loved ones?

aHGer^83 SG

no and nv....

D-TEG SG

Hm. Thats a point that i should take note. May i ask if in the company i never sell then will i be fired? Because i take it as a class to attned for some learning experience.

abductboy SG

Straits Times Home > Latest News > Singapore
Jan 22, 2008

Online cheating scams kept in check

ONLINE cheating scams have been kept in check in the last three years - thanks to Singapore's robust legal system, close cooperation between the police and financial institutions, and public education.

Mr Wong urged the public to remain vigilant in tackling the online scourge. -- PHOTO: ST FILE

Home Affairs Minister Wong Kan Seng said the number of online cheating cases over the past three years has remained about the same: 61 cases in 2005, 61 in 2006 and 57 in 2007.

In his written response to a question from Sembawang GRC MP Ellen Lee Geck Hoon on Monday, he said the most common trick from scammers is putting a false advertisement of a product or service on the Internet to induce victims to place orders online and make electronic payment.

The victim only realises that he has been cheated when the goods fail to arrive. Other online cheating scams involve fraudulent High Yield Investment Programs (HYIP), credit card frauds, lottery scams and advance fee scams.

Mr Wong said the number of cases solved in 2005, 2006 and 2007 was 29, 28 and 12 respectively, or about 40 per cent of the reported cases.

The number of culprits arrested over the three was 22, 9 and 15 respectively.

On the three key thrusts to combat online cheating, the minister said firstly, the police works closely with the Monetary Authority of Singapore, financial institutions, and foreign law enforcement agencies including Interpol to share fraud-related intelligence and best practices.

A framework is in place for local financial institutions to detect, monitor and report suspicious transactions.

Under Section 39 of the Corruption, Drug Trafficking and other Serious Crimes Act (CDSA), it is mandatory for a person to make a Suspicious Transaction Report (STR) if he has reason to suspect that any property is connected to criminal conduct, and if such suspicion arose in the course of his trade, profession, business or employment.

The second thrust is public education. Police actively engages industry stakeholders, including the media, financial institutions and remittance companies, online merchants and grassroots organisations to apprise them of common online scam scenarios and educate them on crime prevention methods. Police also puts out crime prevention advice on common scams through the media, using SMS messages and through websites of the Commercial Affairs Department (http://www.cad.gov.sg) and Moneysense websites (http://www.moneysense.gov.sg).

Crimewatch has also alerted Singaporeans not to be fooled by these scams, said Mr Wong.

Thirdly, Singapore has put in place a robust legal framework to punish online scammers and deter other like-minded persons.

Online scams constitute cheating offences and are punishable under the Penal Code with imprisonment terms of up to three or seven years.

An individual who knowingly facilitates online scams by allowing syndicates to use his bank account to receive proceeds of criminal conduct is also guilty of an offence under the Corruption, Drug Trafficking and other Serious Crimes Act (CDSA).

Mr Wong urged the public to remain vigilant in tackling the online scourge.

'They should not let their desire for quick gain get the better of them. Please do not fall prey to online cheating scams as their promises of riches or easy money are illusory,' he said.

' The public should also not allow their bank accounts or personal details to be used by online scammers. Any attempt by such scammers to elicit money or to use your bank accounts should be reported to the police.'

Related links to this thread:-

http://www.moneysense.gov.sg/check_our_list/Consumer_Portal_IAL.html

http://www.spf.gov.sg/mic/2007/071113_sunshine_empire.htm

http://www.cad.gov.sg/topNav/new/pre/Sunshine+Empire+Pte+Ltd.htm

D-TEG SG

Media Slapping Sunshine Face again. Wow! When are they going to pack up and leave the shores? And leaving heaps of rubbish where people will need to pick up the pieces and move on.

fire & ice SG

err... D_TEG, I think your uncle just burnt right? I don't suppose you really want to learn about MLM right now? Do you?

Actually, you could learn by getting your uncle to bring you to SE. You could convince your uncle that if he hides up, he won't be able to do anything for himself and his downlines in the face of the current situation.

Instead, you guys together with his downlines could hang out at SE daily. Make observations loudly whenever there are potential customers about to sign up new GPs. Hopefully the SE management cannot tahan your observations and quickly refund your uncle and his downlines' monies...

that will be lesson number one: handling refund with unscrupulous companies.

abductboy SG

This is the link: http://www.straitstimes.com/Latest%2BNews/Singapore/STIStory_198824.html

The 3 links to SE is inserted by me and not part of the Straits Times report, just in case it gets mistaken. But clearly, SE is in the 'warning lists' as announced in ST.

D-TEG SG

Thank you for your suggestions. But honestly i need to work and i cannot afford the time. The downlines won't want to do such things also because they don't even care. Its true that i want to learn about MLM but Sunshine Empire was everything but MLM let alone Network. So i believe there are some better ones out there. I really just want to visit them and see and maybe if i am convinced by the business model i might join them to see if i stand a chance, else i might just walk pass an opportunity without realizing it.

christopher_rf SG

and in what way did i pwn myself, i think you should see a shrink. go read properly la dumbo, you and ah ger are just wasting the bandwidth of this forum, please post sensibly, i see so many page i also lazy to provide the answers, so many lame shlt to read.

thanks

christopher_rf SG

Yes i understand, Example, COLA company make a lot of money from the consumers.

COLA boss decide to invest the money (up to him and he doesn't need to disclose, its his private matter) as all the money are his profits.

invest in properties or whatsoever.

makes a lot of money, gives rebates from 10% of turnover of cola and maybe other investments to pioneer consumers. for their trust in him when he had no credibility

christopher_rf SG

Those who guarrentee are guarrentee from their own pocket, SE does not do any guarrentee at all.

SE is a MLM company, not an Investment company

fudgester SG

So..... how does SE make money then? Laughing

christopher_rf SG

The make money from people who buy their in house products, sign up for merchant plans, and the Prime plans

if you would like i can explan what the prime plan is too, but i gtg for now, probably tonight or tmr

Very Happy

aHGer^83 SG

Laughing

D-TEG SG

But the investments are not transacted under COLA its transacted under GRAPES. So if GRAPES make money they are not obligated to give dividends to COLA because its 2 different entity. Now then what will happen to COLA buyers? If suddenly they close down the brand because the brand don't sell, but funds raised from selling COLA in bulk has beed passed to GRAPE to do investments and say if lucky GRAPES make a fortune and don't need COLA to raise funds anymore. What will happen? Did you see that coming? Even BANKS transact under their names and brands. Your company has so many entity. I start to believe the projects are true and will be built but no dividends will be paid out if GRAPES had enough of fundings. COLA will shut and no one will have anything against James Phang because, according to the website and official memos, Empire Group Property or Alliance or Whatever has nothing to do with Sunshine Empire. Investors--SE(Money Mill)NO OFFICIAL CONNECTIONS--EGA(HQ)--Investments. Its a Eco chart but there is a loophole. Project true or not already not important to SE members, even there are projects it belongs to James Phang ONLY and EXCLUSIVELY. I hope i analyzed something useful from my layman point of view. Sorry if i offended anyone.

kyoshirou77 SG

you're the 4th person who had pointed this again Very Happy

yea, its something like a partnership programs......if COLA closed shop, all those partner can't sue each others or whoever leading the firm, as all who invested only sign a 1-way form. 100% benefits SE, 100% against them self.

You can't do anything if SE closed shop due to fund mis-used on luxurious items for "tee-up*, its a "Honest Mistake"

D-TEG SG

Then its really fishy business Singaporeans are looking at now.

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