SwissCash

last SG · 2006-08-13T01:29:15+00:00

I already explained -> ponzi scheme use investors money to pay investors, let words of mouth spread, in the end earn millions and disappear.

Ange|Boy SG

Hi, anyone heard about swisscash? It is an investment package where you can get an average of 20% of your investments per year. I have just join the investments and have just starting to make money. Any one out there that have join as well?

Laughing

browniebaobao SG

got so good meh?

if i invest $10k, i can earn $2000 a yr? Rolling Eyes

mhcampboy SG

http://www.swisscash.biz/

found the webbie on the net. it seems that its just another investment company but doing something like networking as well. but it seems to me...u must have lots of cash to really see your returns.... hmm...correct me if im wrong though...

Ange|Boy SG

Well, the investments start from 1000 USD and payout is every 30 days. I joined since last december and so far the money have been deposited into my ebank account every 30 days and I have draw the money to POSB.

As far as I am concern, it is quite safe and it is really shiok when you receive the sms from them telling you that the money is in...

Ange|Boy SG

Brother, based on swisscash return. if you invest $10k USD you will get

first 3, 30 days - 1k USD (10%) each
second 3 30days - 1.5kUSD(15%) each
third 3, 30 days - 2k USD (20%) each
fourth 3, 30days - 2.5k USD(25%) each
last 3, 30 days - 3k USD (30%) each

Total : 300%(Including principal)

Hope that it answer your question.

Swiss Embassy SG

Warning about misleading publicity

It has come to the attention of the Embassy, that there is a very aggressive selling taking place in Malaysia to promote an investment fund scheme called

Swiss Cash
or

Swiss Mutual Fund 1948

Every serious Internet User is aware of the fact, that anything can be said, promised and advertised on the Internet completely uncontrolled. There is a tremendous amount of good and useful information, but unfortunately the Internet is also a breeding place of a lot of misleading sometimes even fraudulent information. It is therefore always wise to do some research.

The Swiss Mutual Fund (1948 ) and or Swiss Cash are not registered companies in Switzerland. Until proof of the contrary, the Embassy doubts that the remarks about these funds and their historic links to Switzerland as outlined on their original website are genuine. The original website is indeed registered in the USA and the contact telephone number is from New Jersey (USA).

It is obvious that this company uses the denomination Swiss in an illegal and fraudulent way to attract customers.

Moreover, the promotion of the fund seems to work via agents on a MLM system which appears to be close to a Pyramid scheme. Pyramid schemes are illegal in Switzerland.

The Embassy does therefore not recommend these funds as an investment opportunity.

http://www.swisscash.biz/

http://www.eda.admin.ch/kualalumpur_emb/e/home.html

Eikei SG

Beware of SwissCash, they are operated by some people who used to be high up in NTI but left NTI to participate in SwissCash. As stated in the above post, there is nothing Swiss about SwissCash and they use almost all forms of MLM, from pyramid to binary to attract inflow of money.

If the above poster is indeed from the Swiss Embassy, please take some action against this company for misrepresentation and for fraudulent claims persuant to the MLM Act (Admendment Yr. 2000). The name of your country's position as a financial centre is being tarnished by this potentially illegal company.

mhcampboy SG

my gawd!!... such nice website and looks so professional. end up... a scam!!

if the embassy have voiced out their concern...then confirm something is wrong la. aiyoh!...bann the thread starter!! Twisted Evil

JulianW SG

FYI, it isn't a scam.

You've got to dance with fire to really know it burns.

20% Average monthly return.
300% profit on your principle amount.

Put simply, 1000 becomes 3000 in 15 months.

And, NTI does not run it. Wonder where that fabrication came from. But it's possible that key leaders in NTI have invested in this.

take some time and surf the url here.

and to find out more about what the parent co does, look here.

Eikei SG

Dancing with fire is exactly the kind of hazardous and stupid activity nobody should do ‘cos it will not only burn you but burn all your cash too. Go eat some SwissRolls and be happy. Swiss cash ain’t half as sweet as swiss rolls.

laurence82 SG

ok, people, go look at the SwissEmbassy's post

even got an advisory against SC from the Swiss Embassy in KL

sigh

Eikei SG

More information on why it is a scam are available from the following websites:

Firstly, an advisory from the Swiss Embassy in Malaysia asking people NOT to invest in Swisscash, labelling them a fraud.

http://www.eda.admin.ch/kualalumpur_emb/e/home.p.html

Next website I'd like you all to see is by some guy who went to investigate the company, call them up and check their address. Their findings are indeed amusing.

http://www.hyip-expert.com/tools/blogger/index/blog_id/83/

Address belonging to a travel agency/virtual office, phone number is a redirect line to a cellphone number, wrong picture of Michael Mansfield, investment team with wrong labelling and number of people, South African english, registered in a poverty stricken country.

The Commonwealth of Dominica, popularly known as Dominica, is an island nation in the Caribbean Sea. It should not be confused with the Dominican Republic, another Caribbean nation. The Dominican economy has high poverty (30%), high unemployment (23%), and a low per capita GDP (US$5,400). Dominica also recently entered the offshore financial services market.

I suspect it is a Money Mule scam as Dominica has just entered the financial markets and its a convenient place for money laundering. For more info regarding Money Mule scams, refer to BankSafeOnline at

http://www.banksafeonline.org.uk/moneymule_explained.html

Have fun discovering SwissCash.

^tamago^ SG

this forum is so amusing, it benefits to come here and read and never give out any money or participate! Laughing

orange88 SG

it has been declared as illegal, was posted before in Malaysia’s newspapers and reports about it being done

KitKen SG

MLM is declared illegal in China, why Singapore and most of the countries in the world still doing MLM?

KitKen SG

Just for your info, this is a forum for MLM. If u want to talk about investment, u can go and visit the www.moneymakergroup.com . Thanks.

SWISSSCAM SG

Help!!!!

All my silly frens are all throwing their hard-earned $$$ into this SCAM!!!!
and it's not like all these small amounts by the other companies. It's all ranging from 50k-200k and it's all borrowed from relatives...

Please supply me with concrete stuff to STOP them...

How come ppl anyhow claim they are swiss financial planner without MAS authorisation???? Where can we enqiure and complain?

Eikei SG

Read the stuff above. If they claim to be financial advisors, find some evidence to document it and lodge a police report. You can PM me and I’ll help you with the police procedures.

MLM Victim SG

Call the police!!! Stop them!!!

fattyasshole SG

Come on how are you going to get your money back ??? Dont you know tat they have already used the money to buy their cars ...
They keep telling pple tat ur money is growing but in fact its GONE . Typical case of FAKE IT TILL YOU MAKE IT . I regretted putting in money too can onli regret tat i was too greedy ..
I am still thinking of ways to return money to my frens whom i ask to invest . And F**K the fat asshole who cheated me