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Monday, January 25, 2010













你的爸爸 梁繼璋


Friday, January 22, 2010

30 Most Commonly Used Tricks by MLM & Investment Scams

It is normal nowadays to have a "long time no see" or "long time never show up" friend or relative call and ask are you free or not. Then the next thing happen is he/she sitting at hawker centre/coffee shop/*buck/your house and he/she start to share 1001 success stories of the people that they work with (They are not there yet la...... so still working on it......). All of these are supposedly bring you more income/money lo...... but where got free lunch in this world one.

Some nice people at Low Yat forum put up a list of trick used by MLM and Investment scam. Refer to the original posting at Low Yat forum. Please forward this post to everyone so that less people kena con.

Here is the list:

1) "Denial" trick - They will claim "we are not mlm". Knowing that many people don't support a mlm or direct sales products. Some companies will keep denying they are MLM and used other terms like "franchisee" business, eg. Lampe Berger, STG, IRC; or "investment schemes" eg. Sunshine Empire, GRI, etc;

2) "Get-A-Job" trick - Example Easypha-max.

3) "Future Plan" trick - This has been most common in the past. They will tell you a lot of rosy future plans like setting up factory in Malaysia; or going public listed soon and you will be given free shares or priority to buy cheaper chares; or whatever you purchase now be worth much more in the future.

4) "Secret Formula" trick - on both plan and product. When they cannot explain how the product or their marketing plan works(obviously not if it is a scam) they will tell you "this is Company secret, tell all will means allowing competitors to follow us". Fixed return on investments(ROI) scams that take monies from the new victims to pay the old ones always use this statement.

5) "Other Industry" trick" - This trick started by Sunshine Empire is most commonly used by those investment scams that promised fixed return. This is the most common trick now. After the failure of investment scams like Sunshine, Mobilwallet, STG, etc many people already know that it's impossible for products selling or food business to gain such profits margin for unlimited members. So they use other industries like a certain plant or tree cultivation, seaweed, fish, fuel, IT-related development and the latest is "turning waste oil into crude oil" with office at Mont Kiara. Others out soon(being planned now) are church-related, shipping industry, space industry, etc

6) "Long History" trick - You probably heard many times on this. Those MLM Companies that have longer history will use this trick to "bully" the newer companies but what has that got to do with their products or whether it is a good business ? They will tell you their Company is stable because of a longer history (don't they have their beginning too ?) or used products supplier's history which do not belong to them.

7) "Testimonials" tricks on both products(esp healthcare products) and on the business opportunity. Nearly every healthcare products MLM used it. Sunrider, Morinda, SNE, BioYoung and many others, where have they all gone now if their products are so good ? Most of the time, the effects are placebo(see no. 13 below) or exaggerated. Testimonials are commonly used for the income opportunity too. They will always tell you so and so in their company earned a lot but NEVER caution you that over 99% of those who joined earlier have left or lost some money.

8) "Moneyback gurantee" trick - Is this a trick too ? Certainly ! This trick works well because people fill safe in paying for it BUT when you try to claim your money back; here are the common senario: your introducer or seller is hard to locate now, there is a 10% "certain fee" not brought to your attention earlier, certain offer items are not returnable; or your upline will beg you not to return because commissions they and you earned need to be refunded.

9) "International" trick - They will tell you their organisation has reached many countries, so what ? What has that got to do with you and your money which you are going to pay ? In some cases, foreign based MLM Companies are actually Malaysian-created with a virtual office addressed overseas. Some US claimed companies don't even do much business in US. Past examples are Enrich, Xango, etc

10) "Professionals" trick - most commonly used are doctors and lawyers. Doctors and Lawyers who speak for any business have poor code of ethics and comnpanies who used such tricks are worse.

11) "Doctors Endorsement" trick - Can we trust doctors who breach their own code of ethics ?

12) "Legal Agreement" trick - This one is most common now in investment scams. You think legal documents will protect you? They are used to earn your confidence or take away your rights, more later. In most of their agreements, they have a clause included that the Company can change any conditions in future leaving the members no rights to take actions against them. Past examples of this trick are MobilWallet and STG. Their bosses, offices and restaurants are still around but members cannot do anything legally.

13) "Placebo-effect" trick - Used widely by Fusion Exel and those energy pendant sellers. Placebo effects are more significant and effective from "energy" products like those made from magnets, ceramic or lava soils. When the users(normally MLM members) believe and have greater faith in them, a certain inner energy can be produced that may be good enough to cure some illness or symtoms. After the enthusiasm is over, you will find the product no longer effective. This is one of the reason why MOST of those MLMs selling health products are gone. I am sure we have all experience with doctors too. If you lack confidence with a certain doctor or medicine, it may not work for you because your inner energy from your own placebo effect is working against it.

14) "Chemical Reaction" trick - Remember the footpatch that cheated so many people ?

15) "Give you downlines" trick - This is a fishing trick used most commonly in those called binary plan. Some Management can even create new accounts for you to be placed somewhere on top; or they will tell you "I will give you a very strong line from Indonesia or Thailand, all you need is just build one leg"

16) "Free Body Checkup" trick - They will use a gadget or some machines to do for you a free check and later recommend you to buy their product and claim it will work for your problem. Some of them do not even tell you their purpose when they invite you for the "free" checkup. After you entered their office and did the check-up, you are trapped !!

17) "Only-we-have-products" trick - Mostly OEM products that no one knows or trusts. This is traditional in every MLM business. Everyone will claim that ONLY their Company has the product. Of course, because they simply contract a manufacturer to manuafcture for them. In most cases, the products are much more overpriced compared to similar products of another brand available over the counter. Such products are usually not value-for-money and only in the beginning because they are bought up by the distributors or the members of the company. Past examples are Forever Living, Sunrider, Bio-young, XKL, Morinda(Noni juice), Nu-skin, For-Life, Reliv, Xango, SNE etc. They all started with a hype and great volume during the 1st one or 2 years and quiet down later when even their hig-ranking members will no longer buy them.

18) "Brainwashing" trick - wow, this is going to be long.......

19) "Training" tricks - They only tell you "not to quit" but not why and how you will fail. While training is good for one's personal development, it can be harmful if you are trained in a misleading way by any particular Company. Take Amway for example, I am sure everyone of you has a friend or 2 who swear that they will NEVER leave or quit the Company 5 or 10 yeras ago(all due to their great trainings, brainwashings and motivations) but disappeared now due to embarrassment. My advice is "since 99%(statistics don't lie) of all MLMs or pyramid schemes business members will not be successful or make it to richness, NEVER close your back door by swearing you will never quit." Another such example is QuestNEt that started with that no-value gold-plated coin that ask for over RM1000 each. Their members(mostly youngsters) are all trained to approach at least 100 prospects before they should quit. It will only lead to more victims and when they eventually quit, they will be so disillusioned that they will never want to get back into any form of business.

Remember this example if you are ever trained or brainwashed not to quit a business:

A fly inside a closed room saw a big heap of delicious rubbish outside through the closed window. The fly has the motivation, aim, goal, an action plan(everything ever needed and trained for achievement) to knock down the window and get out for the rubbish. With a "Never Quit" attitude, the fly will knock the window until it gets killed. So much on trainings and brainwashings.

20) "Tee Up" trick

21) "Good People" trick - announcing they are of a certain religion or vegetarians

22) "Chicken & Duck Talk & Physcology" trick - This is also very common now and used by nearly every MLM or scam with a good training department eg: When you question them on the business module and suspect a scam or when you have cornered them, they will give you answers like:

"In any business, you need to work for your income, there is no guaranteed income",

" I am afraid you have been misled by others or heard too much negative things from those who are not even how members, so how could they know better than us ?",

"Failures always find excuses not to work, successful people always find ways to succeed"

"Birds of the same feathers always flock together - Only failures listen to failures(we listen and learn from our successful leader in our company"

"Those who failed or left are jealous, so they condemn us"

"No one force them or point a gun on their head to make them join"

I am sure you have heard much more, maybe help to contribute ?

23) "All are Pyramids" trick

24) "Confusing" Plan trick

25) "Company Background" trick - They are big in China or U.S. - What has that got to do with the products?

26) "Treat You" trick - Let's come out for yum cha and there is a free makan !! Greedy people will get this one.

27) "Gadgets-Testing" trick

28) "High Repeat Sales" trick

29) "Impressive" trick - Normally on their office or website

30) "Figures" trick

Wednesday, January 20, 2010

TV can kill!

Hi parent out there, TV can kill! SO please be careful with your electronics/electrical.

KwongWah news paper (Chinese):
The Star nwes paper (English):

Please don't take things for granted, be safe!

Friday, January 15, 2010





Thursday, January 14, 2010

How rich you are?

Usually normal people like me complaint once in a while that money not enough. But since you are looking at your laptop/computer, you should be once of the richest people in this world! Check out this web!


p/s: if you don't find your currency, try to covert your currency to US$ or the listed currency in the globalrichlist website. http://www.xe.com/ucc

Wednesday, January 06, 2010

Forex trading leh......

People beware Forex scam.

Bank Negara Malaysia issued a statement regarding Forex trading in Malaysia:

The article:

Ref No: 01/10/01

Embargo: For immediate release

Beware of Illegal Foreign Currency Trading Schemes

Bank Negara Malaysia would like to caution members of the public not to participate in any illegal investment or training programme on foreign currency trading offered by individuals or companies both domestic and foreign.

Members of the public are usually enticed to attend such investment or training programmes with promises of quick and good returns. The modus operandi of such programmes have included:

  • Offering free training, seminars or workshops to lure investors, prior to inviting investors to set-up an online foreign currency trading account with a principal company (purported to have valid licence to trade foreign currency overseas);
  • Providing convenient access to the principal company's website and trading facilities to facilitate online foreign currency trading by investors;
  • Recruitment of fresh graduates as marketing executives and encouraging them to get their family and friends to trade foreign currency; and
  • Requiring investors to deposit an amount of money into a bank account to begin trading foreign currency, and subsequently, requesting for a top up on their initial investment ("margin call") to avoid losing their capital.

Under the Exchange Control Act 1953 (ECA), it is an offence for a person in Malaysia to buy or sell foreign currency or do any act which involves, is in association with, or is preparatory to, buying or selling of foreign currency with any person, other than an authorised dealer. It is also an offence for a person to aid or abet another person to buy or sell foreign currency with any person, unless the person is an authorised dealer.

The list of authorised dealers and financial institutions permitted by the Controller of Foreign Exchange to buy or sell foreign currency can be obtained from Bank Negara Malaysia's website (http://www.bnm.gov.my).

For further enquiries, members of the public can contact Bank Negara Malaysia at:

BNMTELELINK (Customer Service Call Centre)
1-300-88-5465 or
E-mail: bnmtelelink@bnm.gov.my

Bank Negara Malaysia
4 January 2010

The list of authorised dealers in Malaysia:
  1. Affin Bank Berhad

  2. Affin Investment Bank Berhad

  3. Affin Islamic Bank Berhad

  4. Al Rajhi Banking & Investment Corporation (Malaysia) Berhad

  5. Alliance Bank Malaysia Berhad

  6. Alliance Investment Bank Berhad

  7. Alliance Islamic Bank Berhad

  8. AmBank (M) Berhad

  9. AmInvestment Bank Berhad

  10. AmIslamic Bank Berhad

  11. Asian Finance Bank Berhad

  12. Bangkok Bank Berhad

  13. Bank Islam Malaysia Berhad

  14. Bank Muamalat Malaysia Berhad

  15. Bank of America Malaysia Berhad

  16. Bank of China (Malaysia) Berhad

  17. Bank of Tokyo-Mitsubishi UFJ (Malaysia) Berhad

  18. CIMB Bank Berhad

  19. CIMB Investment Bank Berhad

  20. CIMB Islamic Bank Berhad

  21. Citibank Berhad

  22. Deutsche Bank (Malaysia) Berhad

  23. ECM Libra Investment Bank

  24. EON Bank Berhad

  25. EONCAP Islamic Bank Berhad

  26. Hong Leong Bank Berhad

  27. Hong Leong Investment Bank Berhad

  28. Hong Leong Islamic Bank Berhad

  29. HSBC Amanah Malaysia Berhad

  30. HSBC Bank Malaysia Berhad

  31. Hwang-DBS Investment Bank Berhad

  32. J.P. Morgan Chase Bank Berhad

  33. KAF Investment Bank Berhad

  34. Kenanga Investment Bank Berhad

  35. Kuwait Finance House (Malaysia) Berhad

  36. Malayan Banking Berhad

  37. Maybank Investment Bank Berhad

  38. Maybank Islamic Berhad

  39. MIMB Investment Bank Berhad

  40. OCBC Bank (Malaysia) Berhad

  41. OSK Investment Bank Berhad

  42. Public Bank Berhad

  43. Public Investment Bank Berhad

  44. Public Islamic Bank Berhad

  45. RHB Bank Berhad

  46. RHB Investment Bank Berhad

  47. RHB Islamic Bank Berhad

  48. Standard Chartered Bank Malaysia Berhad

  49. Standard Chartered Saadiq Berhad

  50. The Bank of Nova Scotia Berhad

  51. The Royal Bank of Scotland Berhad

  52. United Overseas Bank (Malaysia)

So the Forex you doing right now might be skim cepat kaya for the people that setting it up, beware, hehehehehehe.

I just chui sui only la.