Ok ,as for the pros and cons of whether to inform the
police.
a) Can you assure me the police is that good? Look, if you look at
the Commercial Affairs Department website, it lists the procedure
of reporting such scams. It is damn leceh, and you need certain
evidence to back you up. Your friend wrote you the binary plan on a
piece of blank paper, which you did not keep. The company website
did not show the recruitment plan, only the "sales" plan. Scheming
arent them? Even for CASE. The procedures is enough to kill you,
less the investigation part.
I read in an article, that seven case were reported to CAD last
year. So far, nothing to substantiate the claims, even after
investigations.
How good is the CAD? Look, comparing US police and SG police, we
are far behind. In US, the police has been streetwise from young.
They discern from own experience, instead of just reading past
cases. True they are educated, but they clamp down more on scams
than us. Not forgetting US scams are a lot and cleverer. In US each
month, each state police are grabbing a handfull of scams.
In SG, I was disgusted of the low rate of capture of scams. I seen
pyramid scams up and running for long time, and they exist in many
places. Commodities are back, with vengeance. All the newspaper did
was just a small report few months ago on laws on commodities. In
US, they clamp down on binary a lot. According to an experienced
networker in SG, the reason why police is not clamping down yet is
because binary has yet to cause a furore. Remember, binary is a
double edged sword. In US, more than half of the binaries companies
have been clamped down. Not because binary is illegal (well it
isnt), just that it is easily used as basics of pyramid.
It takes a thief to catch a thief. I admit, Ntiparis is f***king
sophiscated, compared to usual scams. But scammers are very clever
people. Each time, scams are getting more sophiscated and difficult
to catch. Most DSA or mlm watchdogs would prefer you to just leave
cases to police, coz nowadays, only experienced networker can see
thru most sophiscated ones. Actually, those esperienced are mostly
of our parents age or been out there for many years. Unless our
police is confirmed that good, or they have paid informants and
other tools to help them, police may not catch the. Primary rule
number one - You must outsmart scammers. And scammers move
fast.
I will explain the sophiscation of scams nowadays later, and why it
is not easy, and why you cant see even if they stare at you right
in the face.
All hopes lost? Well, you can go and report to police, but dont
have high hopes. Nothing may come up.
But if the police is successful? Minimal punishment for
participants of scam (your friends) can be just warning letters.
Max? $30,000 to $200,000 fine, or jail for five years or both. NSFs
and Regulars beware. Five years in civilian jail may also equal to
five years in DB, plus other charges SAF might put up. For the
organisers of such scams, the penalty might be higher. All in all,
your friends are at risk of jail or heavy fines.
Well, a glimmer of hope here. Go read up on S888.com. Coz of it,
MLM is legalised ,as well as regulated under DSAS, CASE and MTI.
Funnily, most of us teenagers hardly join these companies that are
under DSAS or large recognised companies. Many I know joins
dubious, small, shady ones. You must know the perils of shady young
business.If you read up on S888.com, it was caught not because it
physically flouts the laws on pyramid, but because it runs in the
spirit of one. Thats why police caught them.
These are the pros and cons of calling police. What happened if you
sit back and do nothing?
