Please do share if you guys have information about this....
I hardly can find real info on the web thanks
Boss Venture
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 Dec 28 2013, 02:02 PM, updated 12y ago
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#1
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Senior Member
819 posts Joined: Jun 2007 From: Moon's Dark Side 
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Any people got heard about this company named Boss venture??
Please do share if you guys have information about this.... I hardly can find real info on the web thanks |
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Dec 28 2013, 02:14 PM
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#2
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Junior Member
63 posts Joined: Nov 2005 
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Yup I went before the presentation at their hq. It's big in Indonesia and hk.
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Dec 28 2013, 04:15 PM
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#3
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Senior Member
819 posts Joined: Jun 2007 From: Moon's Dark Side
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QUOTE(FreedomX @ Dec 28 2013, 02:14 PM) Yup I went before the presentation at their hq. It's big in Indonesia and hk. what is it all about? my friend joined but he hardly can explain the detail |
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Dec 28 2013, 05:50 PM
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#4
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Junior Member
223 posts Joined: Nov 2013 From: Somewhere You Can't Go
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BossVenture is a business based on e-commerce platform.To put it in simple, this affiliate program is run through promoting/marketing products through the internet. You earn commission when someone buy product through you unique affiliate link.
Having said that, it's actually a MLM because is channel incentive to all the Licensee Re-seller if a sales is closed. Even though the company that runs and monitor BossVenture.com (Cash Deal Sdn Bhd) is register under Suruhanjaya Syarikat Malaysia (SSM) and acquired certification from MDeC as a MSC status company, and used BILL OF GUARANTEES. Under ' BILL OF GUARANTEES , the government will not implement INTERNET CENSORSHIP. So any company under the status MSC is allowed to accept, process, and send data without any disturbance. Bill of Guarantee No. 4: To give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally Interpretation 1)Flexibility to Source Capital and Funds Globally. Under this BoG, MSC Malaysia Status companies are free to source capital globally, unless otherwise stated in the Anti-Money Laundering and Anti-Terrorism Financing Act 2001, or from residents, authorities, agencies or entities of countries specified in the Exchange Control Act 1953. 2)Non-residents investing in MSC Malaysia Status companies are free to repatriate any amount of capital, divestment proceeds, profits and dividends arising from their investments. 3)MSC Malaysia Status companies are free to remit funds abroad, which are made in foreign currency and transacted through licensed onshore banks. 4)MSC Malaysia Status companies are also free to borrow from resident and nonresident lenders in Ringgit and in any foreign currency4 to finance their business operations. 5)MSC Malaysia Status companies can borrow in Ringgit: Any amount from licensed onshore banks and other residents. Any amount from their non-resident non-bank parent companies for purpose of financing activities in the real sector in Malaysia. Up to RM1 million in aggregate from other non-resident non-bank companies or non-resident individuals for use in Malaysia. This mean, any company with MSC status is actually and supposed to developed infrastructure and technology under the law of BoG. Instead, BossVenture.com (Cash Deal Sdn Bhd) had misconducted BoG to run a business under MLM scheme. Hope this made it clear for you. |
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Dec 28 2013, 06:18 PM
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#5
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All Stars
13,761 posts Joined: Jun 2011
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MLM again meh!!! Very sian wo.
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Dec 28 2013, 07:19 PM
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#6
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Junior Member
223 posts Joined: Nov 2013 From: Somewhere You Can't Go
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QUOTE(ManutdGiggs @ Dec 28 2013, 06:18 PM) MLM again meh!!! Very sian wo. Selling product/service using MLM platform is not an issue. The problem with this company is that they misused the status of MSC to run the business. It's just the matter of time for this company to shut down. |
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Dec 29 2013, 10:49 AM
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#7
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Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh 
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My friend ask me on this. I just said bcareful...
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Dec 29 2013, 03:06 PM
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#8
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Senior Member
819 posts Joined: Jun 2007 From: Moon's Dark Side
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QUOTE(colourfullife @ Dec 28 2013, 07:19 PM) Selling product/service using MLM platform is not an issue. The problem with this company is that they misused the status of MSC to run the business. It's just the matter of time for this company to shut down. according to my friend this boss venture not going to run for long at most until 2015 July/Aug |
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Dec 29 2013, 03:17 PM
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#9
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Junior Member
63 posts Joined: Nov 2005
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QUOTE(edison1437 @ Dec 29 2013, 03:06 PM) according to my friend this boss venture not going to run for long at most until 2015 July/Aug hI may i know why? i got friends who joined it. |
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Dec 29 2013, 03:50 PM
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Junior Member
223 posts Joined: Nov 2013 From: Somewhere You Can't Go
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QUOTE(FreedomX @ Dec 29 2013, 03:17 PM) hI may i know why? i got friends who joined it. Why? I'll tell you why. It's a stupid pyramid scheme.Imagine you have a company with a solid business that will earn profit, are you going to set a date to shut it down? I think you have the answer in your heart. |
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Dec 29 2013, 04:29 PM
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Senior Member
819 posts Joined: Jun 2007 From: Moon's Dark Side
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QUOTE(FreedomX @ Dec 29 2013, 03:17 PM) hI may i know why? i got friends who joined it. I dunno the actual reasonbut the friend of mine already dumped 5k USD to this boss venture i smell fishy but he sound very confident with the plan since he said he already earning interest from the money he paid, i ask him to prove me that he is able to withdraw the money. think if transaction success, will see the money latest Tuesday |
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Dec 29 2013, 04:33 PM
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Senior Member
3,158 posts Joined: Oct 2013
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If anything too good to be true, quickly run away fast fast and far far.
My rule of thumb, if business that can promise you earning more than FD interest without any risk is equal to scam, coz then all bank will go bankrupt. Join only if you can stomach the risk. Higher the return, higher the risk. |
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Dec 30 2013, 12:30 AM
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Senior Member
720 posts Joined: Apr 2010 From: Kajang Selangor
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i think MLM method is workable, but it depends on company .
Life Insurance based company also using this MLM method to Run. Regahome in Cheras also using this method, HLA also. Traditional, Amway . It’s method works, but depends on individual . But this Boss Venture, IMHO is the unproper ppl using the MLM method to make money. But make it CLEAR.! “MLM again ?” So what wrong? nothing wrong with MLM. This method is proven workable. Undeniable . Because of this method, many company misuses it. So come out a scenario whereby ppl judge based on “MLM” not the actual fact. THEY REJECT “MLM” . There is no short cut or easy way to do business. whether MLM or Traditional Business. Genuine MLM which you can think about is 1) How long does it operate? 2)Any NEW Research and Development? 3)How does it performs? Like it's stock exchange performance?? |
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Dec 30 2013, 03:11 AM
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Junior Member
223 posts Joined: Nov 2013 From: Somewhere You Can't Go
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QUOTE(kasey1314 @ Dec 30 2013, 12:30 AM) i think MLM method is workable, but it depends on company . Life Insurance based company also using this MLM method to Run. Regahome in Cheras also using this method, HLA also. Traditional, Amway . It’s method works, but depends on individual .  |
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Dec 30 2013, 03:22 AM
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Junior Member
78 posts Joined: Mar 2012
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not just big company use mlm for faster return
every seller also will be guide to follow mlm technique... on how to attract ppl.... all company.... |
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Dec 30 2013, 04:23 PM
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Senior Member
819 posts Joined: Jun 2007 From: Moon's Dark Side
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QUOTE(kasey1314 @ Dec 30 2013, 12:30 AM) i think MLM method is workable, but it depends on company . information i have is you need to pay at least RM825 for start up Life Insurance based company also using this MLM method to Run. Regahome in Cheras also using this method, HLA also. Traditional, Amway . It’s method works, but depends on individual . But this Boss Venture, IMHO is the unproper ppl using the MLM method to make money. But make it CLEAR.! “MLM again ?” So what wrong? nothing wrong with MLM. This method is proven workable. Undeniable . Because of this method, many company misuses it. So come out a scenario whereby ppl judge based on “MLM” not the actual fact. THEY REJECT “MLM” . There is no short cut or easy way to do business. whether MLM or Traditional Business. Genuine MLM which you can think about is 1) How long does it operate? 2)Any NEW Research and Development? 3)How does it performs? Like it's stock exchange performance?? either you choose "sleep mode" or "active mode" sleep mode you no need to find downline also can earn active mode you need to find downline to earn more i dont see any trading items here but money pretty similar to stock..... |
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Dec 30 2013, 05:30 PM
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Senior Member
720 posts Joined: Apr 2010 From: Kajang Selangor
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QUOTE(edison1437 @ Dec 30 2013, 04:23 PM) information i have is you need to pay at least RM825 for start up can i assume this is an MONEY GAME?either you choose "sleep mode" or "active mode" sleep mode you no need to find downline also can earn active mode you need to find downline to earn more i dont see any trading items here but money pretty similar to stock..... |
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Dec 30 2013, 05:43 PM
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Junior Member
223 posts Joined: Nov 2013 From: Somewhere You Can't Go
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QUOTE(kasey1314 @ Dec 30 2013, 05:30 PM) can i assume this is an MONEY GAME? No need to assume. It is money game. |
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Dec 30 2013, 05:47 PM
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Junior Member
467 posts Joined: Dec 2009 From: ~!!! in BolehLand !!!~ 
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QUOTE(colourfullife @ Dec 30 2013, 05:43 PM) No need to assume. It is money game. so the money game it like Piramid stuff, and MLM etc right???   |
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Dec 30 2013, 05:57 PM
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Junior Member
223 posts Joined: Nov 2013 From: Somewhere You Can't Go
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QUOTE(frey_zero @ Dec 30 2013, 05:47 PM) so the money game it like Piramid stuff, and MLM etc right??? Yes, money game is sort of like pyramid scheme. Once no money get pump in, the pyramid collapsed. Hence, not something you would want to put money in. Having said that, don't mixed up pyramid and mlm. MLM is just a proven marketing strategy. BV used MLM technique in order to get money pumped in to the pyramid. Without IBO finding new prospect to invest money nobody get paid. |
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Dec 30 2013, 06:28 PM
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Senior Member
819 posts Joined: Jun 2007 From: Moon's Dark Side
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QUOTE(kasey1314 @ Dec 30 2013, 05:30 PM) can i assume this is an MONEY GAME? QUOTE(colourfullife @ Dec 30 2013, 05:57 PM) Yes, money game is sort of like pyramid scheme. Once no money get pump in, the pyramid collapsed. Hence, not something you would want to put money in. i think you got the point upline absorb money from downline so on and so forth.....Having said that, don't mixed up pyramid and mlm. MLM is just a proven marketing strategy. BV used MLM technique in order to get money pumped in to the pyramid. Without IBO finding new prospect to invest money nobody get paid. the money will keep rolling if the downline keep on expending.... |
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Dec 30 2013, 06:54 PM
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Senior Member
720 posts Joined: Apr 2010 From: Kajang Selangor
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QUOTE(colourfullife @ Dec 30 2013, 05:43 PM) No need to assume. It is money game. But I still believe,many people is making money of it. But definitely not ME, Hakka people said “ Mao Miang Shui”. |
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Dec 30 2013, 06:55 PM
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Senior Member
720 posts Joined: Apr 2010 From: Kajang Selangor
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QUOTE(colourfullife @ Dec 30 2013, 05:57 PM) Yes, money game is sort of like pyramid scheme. Once no money get pump in, the pyramid collapsed. Hence, not something you would want to put money in. +1 likesHaving said that, don't mixed up pyramid and mlm. MLM is just a proven marketing strategy. BV used MLM technique in order to get money pumped in to the pyramid. Without IBO finding new prospect to invest money nobody get paid. |
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Dec 30 2013, 08:15 PM
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Junior Member
223 posts Joined: Nov 2013 From: Somewhere You Can't Go
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QUOTE(kasey1314 @ Dec 30 2013, 06:54 PM) But I still believe, Because you don't know how to con people, that's why can't earn a penny many people is making money of it. But definitely not ME, Hakka people said “ Mao Miang Shui”.  |
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Dec 31 2013, 08:13 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(edison1437 @ Dec 30 2013, 04:23 PM) information i have is you need to pay at least RM825 for start up Correction,either you choose "sleep mode" or "active mode" sleep mode you no need to find downline also can earn active mode you need to find downline to earn more i dont see any trading items here but money pretty similar to stock..... 1)Sleep Mode/Passive mode, you MIGHT earn if there is daily sales profit 2) There is quite alot of trading of products/items, and it is nothing like stock Im not too sure about why this was mentioned "This mean, any company with MSC status is actually and supposed to developed infrastructure and technology under the law of BoG. Instead, BossVenture.com (Cash Deal Sdn Bhd) had misconducted BoG to run a business under MLM scheme." Kindly do let us know why you think they are not developing infrastructured and technology ? QUOTE but the friend of mine already dumped 5k USD to this boss venture i smell fishy but he sound very confident with the plan since he said he already earning interest from the money he paid, i ask him to prove me that he is able to withdraw the money. think if transaction success, will see the money latest Tuesday It will be on Friday  |
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Dec 31 2013, 08:40 AM
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Senior Member
819 posts Joined: Jun 2007 From: Moon's Dark Side
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QUOTE(Azurika @ Dec 31 2013, 08:13 AM) Correction, seems like you also a part of it1)Sleep Mode/Passive mode, you MIGHT earn if there is daily sales profit 2) There is quite alot of trading of products/items, and it is nothing like stock Im not too sure about why this was mentioned "This mean, any company with MSC status is actually and supposed to developed infrastructure and technology under the law of BoG. Instead, BossVenture.com (Cash Deal Sdn Bhd) had misconducted BoG to run a business under MLM scheme." Kindly do let us know why you think they are not developing infrastructured and technology ? It will be on Friday any successful withdrawal transaction? |
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Dec 31 2013, 09:27 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(edison1437 @ Dec 31 2013, 08:40 AM) seems like you also a part of it Been with them awhile, yeah I am able to withdraw. You will receive it on Friday if your Maybank from "Cash Deals"any successful withdrawal transaction? |
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Dec 31 2013, 09:50 AM
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Senior Member
819 posts Joined: Jun 2007 From: Moon's Dark Side
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QUOTE(Azurika @ Dec 31 2013, 09:27 AM) Been with them awhile, yeah I am able to withdraw. You will receive it on Friday if your Maybank from "Cash Deals" as i know you able to get back your principle after like 4 months? |
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Dec 31 2013, 10:02 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(edison1437 @ Dec 31 2013, 09:50 AM) as i know you able to get back your principle after like 4 months? If your passive ? No .. Basic entry your return of investment fully withdrawal is roughly 7 months Top up USD30 upon entry and it would be 6 months. Both of this are based on the assumption everyday they pay out Max profit, it is not guaranteed, but they have been doing so for the last 15 months. |
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Dec 31 2013, 10:09 AM
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Senior Member
819 posts Joined: Jun 2007 From: Moon's Dark Side
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QUOTE(Azurika @ Dec 31 2013, 10:02 AM) If your passive ? No .. i dont understand the 1 highlightedBasic entry your return of investment fully withdrawal is roughly 7 months Top up USD30 upon entry and it would be 6 months. Both of this are based on the assumption everyday they pay out Max profit, it is not guaranteed, but they have been doing so for the last 15 months. RM825 is the entry amount. to have the principle back you need 7 month. unless you add another USD 30 for 6 months. Right? |
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Dec 31 2013, 10:25 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(edison1437 @ Dec 31 2013, 10:09 AM) i dont understand the 1 highlighted Yes RM825 is the basic entry amount. You may choose to top up additional USD30/RM99 monthly which is optional. If you top up USD30 for the first month and not subsequent month, your return of investment is shorter due to higher capital in the passive income pool.RM825 is the entry amount. to have the principle back you need 7 month. unless you add another USD 30 for 6 months. Right? |
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Dec 31 2013, 06:38 PM
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Senior Member
720 posts Joined: Apr 2010 From: Kajang Selangor
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Just like Genneva, top pyramid make big money.
Middle level make money, Bottom level......... Trust yourself .....like a forumer said. If you know how to con, no need wait ......direct pump GAO GAO inside... If you invest GAO GAO in early stage , sure make good returns.... Use your result to make the world shut up.... |
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Dec 31 2013, 06:50 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(kasey1314 @ Dec 31 2013, 06:38 PM) Just like Genneva, top pyramid make big money. Aint that the basic of most MLM Middle level make money, Bottom level......... Trust yourself .....like a forumer said. If you know how to con, no need wait ......direct pump GAO GAO inside... If you invest GAO GAO in early stage , sure make good returns.... Use your result to make the world shut up....  why is it only Genneva ?  |
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Jan 19 2014, 03:08 PM
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Senior Member
630 posts Joined: Oct 2010
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I just cannot understand how the company make money except getting money from new members. You got 100% discount - are you kidding? It means you buy without paying a penny. How the hell a e-commerce stall make money like that? Somemore boast got MSC status and have established all over Asia?
Why the authority taking action like Geneva? Really need to wait till is too late? |
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Jan 24 2014, 05:44 PM
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Newbie
1 posts Joined: Jan 2014
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QUOTE(edison1437 @ Dec 29 2013, 03:06 PM) according to my friend this boss venture not going to run for long at most until 2015 July/Aug may i ask where is this information from??? Son of the founder?  |
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Jan 24 2014, 09:14 PM
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Junior Member
36 posts Joined: Jan 2014
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QUOTE(OniDoro @ Jan 24 2014, 05:44 PM) may i ask where is this information from??? Son of the founder? |
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Jan 25 2014, 12:19 AM
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Senior Member
1,721 posts Joined: Oct 2009
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The safest bet you can predict that your 1.5% will drop is in 2021 when they start getting taxed. Personally I do not see it dieing anytime within 3-4 years yet.
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Jan 29 2014, 06:22 PM
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Junior Member
6 posts Joined: Jan 2014
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QUOTE(edison1437 @ Dec 31 2013, 10:09 AM) i dont understand the 1 highlighted I know this is too late to reply on the thread but I found this interesting.RM825 is the entry amount. to have the principle back you need 7 month. unless you add another USD 30 for 6 months. Right? The start up cost is RM825 or USD250 (250x 3.3). You are paying for the franchise fee to become the company Reseller Licensee not enrollment fee. How do you make money staying passive? From the USD250, USD100 is used to buy peek credits that will generate up to 1.5% daily payment known as Daily Sales Incentive. No sponsoring is necessary to earn from the business because of revenue sharing concept. The company allocates 20% of its global daily sales from peek credits and physical products from its e-Mall - BVMalls.Com to be shared by their resellers as Daily Sales Incentive. Now, if they can pay up to 1.5% daily from the 20% allocation, the global daily sales volume must be huge. What is peek credit? It is a discount value that can be used for shopping at the online mall. Why is it valuable? Because you cannot shop at the mall without buying peek credits. You use peek credits to buy things. Who says it is money game? Top up here means to buy peek credits so that your Daily Sales Incentive value will increase. Istead of getting USD1.50 daily, you will get more. The minimum top up is USD500 and max is USD10,000. Does get rich quick scheme have max amount? The USD30 top up is for a reseller to qualify for the earn 3% overriding incentives from their referrals Daily Sales Incentive earnings. Although the network marketing plan is based on binary system BUT they incorporate 5 x 5 matrix plan to prevent the build up of the so called pyramid system. That means you can only have a total of 3905 people in your network. And 5x5 matrix will give you a clear indication of your potential income. So, this is not a pyramid scheme. As for Cash Deal Sdn Bhd MSC status I don't think they misused the status at all because the company core activities as per MSC registration are Research, development and commercialization of Digital Neural Application (D.N.A) and e-Mall Solution. They helped developed BossVenture online mall BVMalls.Com, which is within their core activities. Will this be another Geneva, American Euro Index, Swiss Cash, Mirza? Well, for sure those mentioned above either does not have a license to take deposit from the public or not licensed to manage other people money. ONLY licensed commercial banks can take deposits from the public. And ONLY licensed investment company can invest people money. They need license from Bank Negara Malaysia and Security Commissions, which this case those companies DOES NOT have therefore deemed Get RICH Quick Scheme. That's WHY they are closed down! Ha ha ha.. This post has been edited by rymkk: Jan 29 2014, 07:57 PM |
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Feb 8 2014, 02:54 AM
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Newbie
1 posts Joined: Feb 2014
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QUOTE(rymkk @ Jan 29 2014, 06:22 PM) I know this is too late to reply on the thread but I found this interesting. The start up cost is RM825 or USD250 (250x 3.3). You are paying for the franchise fee to become the company Reseller Licensee not enrollment fee. How do you make money staying passive? From the USD250, USD100 is used to buy peek credits that will generate up to 1.5% daily payment known as Daily Sales Incentive. No sponsoring is necessary to earn from the business because of revenue sharing concept. The company allocates 20% of its global daily sales from peek credits and physical products from its e-Mall - BVMalls.Com to be shared by their resellers as Daily Sales Incentive. Now, if they can pay up to 1.5% daily from the 20% allocation, the global daily sales volume must be huge. What is peek credit? It is a discount value that can be used for shopping at the online mall. Why is it valuable? Because you cannot shop at the mall without buying peek credits. You use peek credits to buy things. Who says it is money game? Top up here means to buy peek credits so that your Daily Sales Incentive value will increase. Istead of getting USD1.50 daily, you will get more. The minimum top up is USD500 and max is USD10,000. Does get rich quick scheme have max amount? The USD30 top up is for a reseller to qualify for the earn 3% overriding incentives from their referrals Daily Sales Incentive earnings. Although the network marketing plan is based on binary system BUT they incorporate 5 x 5 matrix plan to prevent the build up of the so called pyramid system. That means you can only have a total of 3905 people in your network. And 5x5 matrix will give you a clear indication of your potential income. So, this is not a pyramid scheme. As for Cash Deal Sdn Bhd MSC status I don't think they misused the status at all because the company core activities as per MSC registration are Research, development and commercialization of Digital Neural Application (D.N.A) and e-Mall Solution. They helped developed BossVenture online mall BVMalls.Com, which is within their core activities. Will this be another Geneva, American Euro Index, Swiss Cash, Mirza? Well, for sure those mentioned above either does not have a license to take deposit from the public or not licensed to manage other people money. ONLY licensed commercial banks can take deposits from the public. And ONLY licensed investment company can invest people money. They need license from Bank Negara Malaysia and Security Commissions, which this case those companies DOES NOT have therefore deemed Get RICH Quick Scheme. That's WHY they are closed down! Ha ha ha..  [I][/I] |
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Feb 13 2014, 11:04 AM
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Newbie
3 posts Joined: Feb 2014
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Hope you all realize this isn't really a MLM, it is worst as is Ponzi scam
in any investment, when the return is too good to be true, is time to be cautious Ponzi is taking new investor's money (or old investor's own buyback) to pay back to old investors there are a lot of online video and materials on how to detect a Ponzi, everyone should be extra cautious even if you are old investors and are able to take the profit and run and probably even get to afford a brand new car, don't forget about karma as black heart money need to pay back eventually. Because once the Ponzi pyramid is "built" we all know somehow there will be people get burn at the end when it collapse .. the only one who win big is the scammer, old investors win small and most investors lose their hard earned savings |
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Feb 13 2014, 12:02 PM
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Junior Member
15 posts Joined: May 2010
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QUOTE(riin_mon @ Feb 13 2014, 11:04 AM) Hope you all realize this isn't really a MLM, it is worst as is Ponzi scam Newbie here. Do you mean it is a scam? But what I heard those people are really earning.in any investment, when the return is too good to be true, is time to be cautious Ponzi is taking new investor's money (or old investor's own buyback) to pay back to old investors there are a lot of online video and materials on how to detect a Ponzi, everyone should be extra cautious even if you are old investors and are able to take the profit and run and probably even get to afford a brand new car, don't forget about karma as black heart money need to pay back eventually. Because once the Ponzi pyramid is "built" we all know somehow there will be people get burn at the end when it collapse .. the only one who win big is the scammer, old investors win small and most investors lose their hard earned savings |
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Feb 13 2014, 12:27 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(rymkk @ Jan 29 2014, 06:22 PM) I know this is too late to reply on the thread but I found this interesting. Erm, I might have misunderstood your meaning, but how is this related to BossVenture where clearly stated they are not doing investments or taking deposits? Basically the users are trading their cash for peek credits which generates the passive income right ? If so, aint this more to "purchasing" rather then "deposits" ?The start up cost is RM825 or USD250 (250x 3.3). You are paying for the franchise fee to become the company Reseller Licensee not enrollment fee. How do you make money staying passive? From the USD250, USD100 is used to buy peek credits that will generate up to 1.5% daily payment known as Daily Sales Incentive. No sponsoring is necessary to earn from the business because of revenue sharing concept. The company allocates 20% of its global daily sales from peek credits and physical products from its e-Mall - BVMalls.Com to be shared by their resellers as Daily Sales Incentive. Now, if they can pay up to 1.5% daily from the 20% allocation, the global daily sales volume must be huge. What is peek credit? It is a discount value that can be used for shopping at the online mall. Why is it valuable? Because you cannot shop at the mall without buying peek credits. You use peek credits to buy things. Who says it is money game? Top up here means to buy peek credits so that your Daily Sales Incentive value will increase. Istead of getting USD1.50 daily, you will get more. The minimum top up is USD500 and max is USD10,000. Does get rich quick scheme have max amount? The USD30 top up is for a reseller to qualify for the earn 3% overriding incentives from their referrals Daily Sales Incentive earnings. Although the network marketing plan is based on binary system BUT they incorporate 5 x 5 matrix plan to prevent the build up of the so called pyramid system. That means you can only have a total of 3905 people in your network. And 5x5 matrix will give you a clear indication of your potential income. So, this is not a pyramid scheme. As for Cash Deal Sdn Bhd MSC status I don't think they misused the status at all because the company core activities as per MSC registration are Research, development and commercialization of Digital Neural Application (D.N.A) and e-Mall Solution. They helped developed BossVenture online mall BVMalls.Com, which is within their core activities. Will this be another Geneva, American Euro Index, Swiss Cash, Mirza? Well, for sure those mentioned above either does not have a license to take deposit from the public or not licensed to manage other people money. ONLY licensed commercial banks can take deposits from the public. And ONLY licensed investment company can invest people money. They need license from Bank Negara Malaysia and Security Commissions, which this case those companies DOES NOT have therefore deemed Get RICH Quick Scheme. That's WHY they are closed down! Ha ha ha.. |
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Feb 15 2014, 09:44 PM
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Junior Member
6 posts Joined: Jan 2014
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QUOTE(Azurika @ Feb 13 2014, 12:27 PM) Erm, I might have misunderstood your meaning, but how is this related to BossVenture where clearly stated they are not doing investments or taking deposits? Basically the users are trading their cash for peek credits which generates the passive income right ? If so, aint this more to "purchasing" rather then "deposits" ? Err.. You may have misunderstood those part you put in red as I was replying to the following ....QUOTE(escargo75 @ Jan 19 2014, 03:08 PM) I just cannot understand how the company make money except getting money from new members. You got 100% discount - are you kidding? It means you buy without paying a penny. How the hell a e-commerce stall make money like that? Somemore boast got MSC status and have established all over Asia? Will this be another Geneva, American Euro Index, Swiss Cash, Mirza? Why the authority taking action like Geneva? Really need to wait till is too late? Well, for sure those mentioned above either does not have a license to take deposit from the public or not licensed to manage other people money. ONLY licensed commercial banks can take deposits from the public. And ONLY licensed investment company can invest people money. They need license from Bank Negara Malaysia and Security Commissions, which this case those companies DOES NOT have therefore deemed Get RICH Quick Scheme. That's WHY they are closed down! Ha ha ha.. * |
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Feb 18 2014, 02:41 PM
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Newbie
3 posts Joined: Feb 2014
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Hi rymkk, yes It is eventually a scam.
Here are some general information regarding Ponzi scams 1) They could use any "vehicle" to run the scam, most use "investments" as vehicle, like forex trading, livestock like palm estate, gold or agar wood. Scammers could also use "business" to launch their Ponzi, bottom line, as long as the return is a "transfer of wealth" from new investors to old investors. It is a Ponzi, if the profit comes from below: a) new investors or b) reinvested money from old investors) 2) There are 2 big things to lookout to spot a Ponzi, a) They "always" successfully pay the "profit" to early investors without fail. They will make it look and seems believable to fish for more "buy in" investors. b) They "always" have a method for investors to "reinvest" their earnings and to get "more profit" via re-investment, and would always discourage cash out. most Ponzi can last to couple of years due to the above 2 points, as old investors keep pumping in their so called "profit" while looking for "new believers" hope this helps clear some doubts |
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Feb 18 2014, 03:03 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(riin_mon @ Feb 18 2014, 02:41 PM) Hi rymkk, yes It is eventually a scam. Well said Here are some general information regarding Ponzi scams 1) They could use any "vehicle" to run the scam, most use "investments" as vehicle, like forex trading, livestock like palm estate, gold or agar wood. Scammers could also use "business" to launch their Ponzi, bottom line, as long as the return is a "transfer of wealth" from new investors to old investors. It is a Ponzi, if the profit comes from below: a) new investors or b) reinvested money from old investors) 2) There are 2 big things to lookout to spot a Ponzi, a) They "always" successfully pay the "profit" to early investors without fail. They will make it look and seems believable to fish for more "buy in" investors. b) They "always" have a method for investors to "reinvest" their earnings and to get "more profit" via re-investment, and would always discourage cash out. most Ponzi can last to couple of years due to the above 2 points, as old investors keep pumping in their so called "profit" while looking for "new believers" hope this helps clear some doubts short and sweet tip for the many naive out there  Also, do take note that more often that none for many companies, it is the irresponsible leader's or distributors who over promise or falsify information and not the founders themself, hence turning a situation sour. |
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Feb 20 2014, 07:58 PM
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Junior Member
6 posts Joined: Jan 2014
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QUOTE(riin_mon @ Feb 18 2014, 02:41 PM) Hi rymkk, yes It is eventually a scam. Hi riin_mon,Here are some general information regarding Ponzi scams 1) They could use any "vehicle" to run the scam, most use "investments" as vehicle, like forex trading, livestock like palm estate, gold or agar wood. Scammers could also use "business" to launch their Ponzi, bottom line, as long as the return is a "transfer of wealth" from new investors to old investors. It is a Ponzi, if the profit comes from below: a) new investors or b) reinvested money from old investors) 2) There are 2 big things to lookout to spot a Ponzi, a) They "always" successfully pay the "profit" to early investors without fail. They will make it look and seems believable to fish for more "buy in" investors. b) They "always" have a method for investors to "reinvest" their earnings and to get "more profit" via re-investment, and would always discourage cash out. most Ponzi can last to couple of years due to the above 2 points, as old investors keep pumping in their so called "profit" while looking for "new believers" hope this helps clear some doubts Thanks for the input. Well, gosh. It seems everyone here have something interesting to say about this topic. Will bossventure eventually turn into scam? I have no idea. But they are celebrating the 3rd anniversary of the company's online mall BVMalls.Com on 22 February 2014. Personally, I don't fancy investment scheme. I'd rather trade FOREX myself than join investment scheme. I found Boss Venture different because they are just like a regular home business opportunity program like Melilea, Elken, e-Cosway, Amway, etc. But they are not direct sales company so they don't need AJL license. They don't sell their own products but operates an online mall with participating merchants, just like a shopping complex with many shops operators. The one thing that makes them unique is they employs revenue sharing concept that pays out up to 1.5% as daily sales incentive. And that I believe many of us immediately start to think they are one of those schemes. Imagine Lazada.Com starts their own reseller licensee referral program and share a portion of their daily sales volume to their affiliates. I wonder if they will also be called "ponzi" scheme? Anyway, just my 1 cents of thought. This post has been edited by rymkk: Feb 20 2014, 08:31 PM |
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Feb 20 2014, 09:16 PM
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Junior Member
506 posts Joined: Mar 2012
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Feb 21 2014, 05:25 AM
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Junior Member
6 posts Joined: Jan 2014
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QUOTE(yugimudo @ Feb 20 2014, 09:16 PM) Yeah, right. But what makes boss venture categorized under unlicensed activities? Cash Deal is registered with ssm and their msc core activities stated as Research, development and commercialization of Digital Neural Application (D.N.A) e-Mall Solution. Bill of Guarantee No. 4: To give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally. Interpretation Flexibility to Source Capital and Funds Globally Responsible Ministries / Agencies § The Central Bank of Malaysia (Bank Negara Malaysia). I believe before the MSC status given approval, BNM must gone through the necessary documents. Now as of February, they are saying the company is doing unlicensed activities? Oh my. No wonder BNM has once again approves car insurance rates hike. They just approve things blindly then later gives excuses. Buaya Nasional government is like that. Infested with corruption. |
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Feb 21 2014, 07:04 AM
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Junior Member
506 posts Joined: Mar 2012
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QUOTE(rymkk @ Feb 21 2014, 05:25 AM) Yeah, right. But what makes boss venture categorized under unlicensed activities? Biasalar, when shtf, must look like they are doing something. Or maybe when they present their business plan, they didnt reveal their true plan, hence the u turn.Cash Deal is registered with ssm and their msc core activities stated as Research, development and commercialization of Digital Neural Application (D.N.A) e-Mall Solution. Bill of Guarantee No. 4: To give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally. Interpretation Flexibility to Source Capital and Funds Globally Responsible Ministries / Agencies § The Central Bank of Malaysia (Bank Negara Malaysia). I believe before the MSC status given approval, BNM must gone through the necessary documents. Now as of February, they are saying the company is doing unlicensed activities? Oh my. No wonder BNM has once again approves car insurance rates hike. They just approve things blindly then later gives excuses. Buaya Nasional government is like that. Infested with corruption. |
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Feb 21 2014, 09:02 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(yugimudo @ Feb 21 2014, 07:04 AM) Biasalar, when shtf, must look like they are doing something. Or maybe when they present their business plan, they didnt reveal their true plan, hence the u turn. Its the same with most MLM or whatever business plan in the market.If company sustain, the non believers will butthurt If company shutdown, the believers will butthurt  Back to a rational question, trading RM825 --> RM2k within 1 year for this risk, can you afford to lose this sum of cash or not ? In all honestly, many of the people I mix with a diversified investment portfolio put in the minimum or do the monthly top up as it is a potential pioneership for them. What is RM<1k to these people ?? However, I do advice against the people who want to max in 10K cash within my network  And for those in financial crisis, Id always advice them against it too as it could be an amount they will lose the next day  Cheers ~ This post has been edited by Azurika: Feb 21 2014, 09:07 AM |
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Feb 21 2014, 09:09 AM
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Junior Member
6 posts Joined: Jan 2014
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QUOTE(Azurika @ Feb 21 2014, 09:02 AM) Its the same with most MLM or whatever business plan in the market. Hahaha... that's a good one.If company sustain, the non believers will butthurt If company shutdown, the believers will butthurt It seems in Malaysia, everything becomes illegal and scam when a company starts paying more than the banks, unit trust, insurance and takaful companies are paying annually. Why EPF is never scrutinized when only during the election time they declared 6.5% dividend from the billions of contributors’ monies when all this while it has been revolving around 4% to 4.5% per year? The real facts is those registered financial providers are only paying a fraction of the company’s daily profits to their investors and that portion is paid annually. Imagine a company earning RM1 Million daily profits but only pays RM40,000 of that daily profits as the company yearly dividend. That is the real scenario in Malaysia. Ha! Another one of my 1 cents thought. |
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Feb 21 2014, 09:30 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(rymkk @ Feb 21 2014, 09:09 AM) Hahaha... that's a good one. Simple broIt seems in Malaysia, everything becomes illegal and scam when a company starts paying more than the banks, unit trust, insurance and takaful companies are paying annually. Why EPF is never scrutinized when only during the election time they declared 6.5% dividend from the billions of contributors’ monies when all this while it has been revolving around 4% to 4.5% per year? The real facts is those registered financial providers are only paying a fraction of the company’s daily profits to their investors and that portion is paid annually. Imagine a company earning RM1 Million daily profits but only pays RM40,000 of that daily profits as the company yearly dividend. That is the real scenario in Malaysia. Ha! Another one of my 1 cents thought. Banks, Unit Trust, Insurance, EPF had a history of >10 years running - they pay lower, people feel save and assured with long established companies. New MLM < 3 years - they pay high at first to bring in the numbers, if they are legit and sustain , the payout will be revamped later on. if is a scam, butthurt everywhere ~ Who do you trust in sustainability ?  |
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Feb 21 2014, 12:04 PM
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Junior Member
6 posts Joined: Jan 2014
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QUOTE(Azurika @ Feb 21 2014, 09:30 AM) Simple bro Yup! You got a good point there. "Sustainability."Banks, Unit Trust, Insurance, EPF had a history of >10 years running - they pay lower, people feel save and assured with long established companies. New MLM < 3 years - they pay high at first to bring in the numbers, if they are legit and sustain , the payout will be revamped later on. if is a scam, butthurt everywhere ~ Who do you trust in sustainability ? I still say their annual returns could do better. But our financial markets are tightly control by the government. For what reason, only they know. Now the economy is slow. People are not earning as much and as fast as the increasing prices of goods and services. So, boss venture comes out with their revenue sharing program to recession proof their affiliate’s income. But the government sees this as a threat to their own existences. To cover up their own weakness in solving the country's ailing economy they came out with all sorts of nonsense. And one of them is latest BNM alert on Cash Deal Sdn Bhd. Being the Chairman of boss venture, I wonder what Hakim Hamidi will have to say about this? |
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Feb 21 2014, 12:12 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(rymkk @ Feb 21 2014, 12:04 PM) Yup! You got a good point there. "Sustainability." Thats why Cash Deals is owned by another company which is founded in Australia by Richard and Billy:P they purposely position it this way.I still say their annual returns could do better. But our financial markets are tightly control by the government. For what reason, only they know. Now the economy is slow. People are not earning as much and as fast as the increasing prices of goods and services. So, boss venture comes out with their revenue sharing program to recession proof their affiliate’s income. But the government sees this as a threat to their own existences. To cover up their own weakness in solving the country's ailing economy they came out with all sorts of nonsense. And one of them is latest BNM alert on Cash Deal Sdn Bhd. Being the Chairman of boss venture, I wonder what Hakim Hamidi will have to say about this? |
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Feb 25 2014, 08:04 AM
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All Stars
15,192 posts Joined: Oct 2004
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It looks to me that WorldVentures operates this way which uses "travel" as their vehicle.
This post has been edited by jack2: Feb 25 2014, 09:52 AM |
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Feb 25 2014, 12:59 PM
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Junior Member
442 posts Joined: Dec 2007
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QUOTE(yugimudo @ Feb 20 2014, 09:16 PM) QUOTE(rymkk @ Feb 21 2014, 05:25 AM) Yeah, right. But what makes boss venture categorized under unlicensed activities? Thats quite a long list. I wonder if all of those companies are really involved in "investment" activities.Cash Deal is registered with ssm and their msc core activities stated as Research, development and commercialization of Digital Neural Application (D.N.A) e-Mall Solution. Bill of Guarantee No. 4: To give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally. Interpretation Flexibility to Source Capital and Funds Globally Responsible Ministries / Agencies § The Central Bank of Malaysia (Bank Negara Malaysia). I believe before the MSC status given approval, BNM must gone through the necessary documents. Now as of February, they are saying the company is doing unlicensed activities? Oh my. No wonder BNM has once again approves car insurance rates hike. They just approve things blindly then later gives excuses. Buaya Nasional government is like that. Infested with corruption. |
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Feb 25 2014, 03:02 PM
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Senior Member
1,820 posts Joined: May 2010 From: Kuala Lumpur
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Let me get this straight - they are meant to have huge revenue from http://bvmalls.com/ , from which they pay out a percentage? Lol
Looking at the **** they sell I'd be suprised if they generate any sales through this "E-mall" at all. Looks like 99% overpriced rubbish and a website that was designed by a teenager. |
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Feb 25 2014, 03:57 PM
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Senior Member
4,830 posts Joined: Jan 2012
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How does BV actually make money. A company must be selling a tangible product or service in order to generate real money.
I define real money as profits made from selling of a product or service to people outside the company and not from capital from new investors. Also, what does the members of BV actually sell to external customers. What is their turnaround time. Merely selling so-called "Peak Credits" to members is in itself useless if the members themselves cannot dispose of the end-product. Such a scheme is as good as members just putting in capital in the company to pay themselves. |
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Feb 25 2014, 04:43 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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if already in BNM list, then u should be very2 careful with the company. BNM simply won't list any company in "unauthorized entities/ individual" just like that.
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Feb 25 2014, 04:56 PM
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Senior Member
1,820 posts Joined: May 2010 From: Kuala Lumpur
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QUOTE(cfa28 @ Feb 25 2014, 03:57 PM) How does BV actually make money. A company must be selling a tangible product or service in order to generate real money. They have huge revenues from their online shopI define real money as profits made from selling of a product or service to people outside the company and not from capital from new investors. Also, what does the members of BV actually sell to external customers. What is their turnaround time. Merely selling so-called "Peak Credits" to members is in itself useless if the members themselves cannot dispose of the end-product. Such a scheme is as good as members just putting in capital in the company to pay themselves. http://bvmalls.com/ Going to be the next Amazon  |
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Feb 25 2014, 05:16 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(rjb123 @ Feb 25 2014, 03:02 PM) Let me get this straight - they are meant to have huge revenue from http://bvmalls.com/ , from which they pay out a percentage? Lol I have to agree, the items are useless and over priced even to compare with Tesco Looking at the **** they sell I'd be suprised if they generate any sales through this "E-mall" at all. Looks like 99% overpriced rubbish and a website that was designed by a teenager.  However, seems like the Indonesia mall is generating about 600k daily sales thou. Also, their revenue to pay out also comes from networking, my line burn everyday , so Im quite sure there is at least 50 account sign up daily, cant say in total thou since they expended to so many countries d. QUOTE(davinz18 @ Feb 25 2014, 04:43 PM) if already in BNM list, then u should be very2 careful with the company. BNM simply won't list any company in "unauthorized entities/ individual" just like that. » Click to show Spoiler - click again to hide... « Quoted from a mail they shot out ~ Go figure  |
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Feb 25 2014, 05:29 PM
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Senior Member
1,820 posts Joined: May 2010 From: Kuala Lumpur
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QUOTE(Azurika @ Feb 25 2014, 05:16 PM) I have to agree, the items are useless and over priced even to compare with Tesco Indonesia mall (assuming it's the same link) isn't even complete, I'd be suprised if they had 600k Rupiah of daily sales However, seems like the Indonesia mall is generating about 600k daily sales thou. Also, their revenue to pay out also comes from networking, my line burn everyday , so Im quite sure there is at least 50 account sign up daily, cant say in total thou since they expended to so many countries d. |
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Feb 25 2014, 05:36 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(rjb123 @ Feb 25 2014, 05:29 PM) Indonesia mall (assuming it's the same link) isn't even complete, I'd be suprised if they had 600k Rupiah of daily sales Currently the mall is down ever since they "changed" the interface, since late January. Hence Daily sales is actually 0. We from Malaysia are unable to access Indo mall, you need to be connected to their telco to do so, tested on my phone when I was at Jakarta. They count everything in USD as standard, hence is 600K USD not Rupiah. Well, I have to agree that the Indo Mall does have a better variety of products offered, prices are still steep thou, however not sure how true is this, but my Indo friends told me they prefer this then Groupon if given the option For all I care, they pay me, I cash out, Im happy And I can say this, I dont know how long this company will sustain, but even if they do for the next 5 years or more, their 1.5% payout will not sustain when people start withdrawing so please be smart la for those In it d |
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Feb 25 2014, 05:59 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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QUOTE(Azurika @ Feb 25 2014, 05:16 PM) » Click to show Spoiler - click again to hide... « Quoted from a mail they shot out ~ Go figure |
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Feb 25 2014, 06:08 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(davinz18 @ Feb 25 2014, 05:59 PM) such a "cover-line" statement Yeah, the boss Richard presentation style is the same Everything sounds so good, but he covered all holes |
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Feb 25 2014, 07:10 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor 
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I'm the 1 of those ppl who join this bizz..and My wife went to the 3rd aniv dinner...know what ...she met 1malay girl...and this girl earn 20k/week ..and she is 21 ....and aunty who dunno IT earn 500k/month ....all the success boss..and I'm soo ' terbakar ' with That.....i wanna like then to....
And remember to all...this is Not investment or saving....we get profit from purchasing....please who advertise this...dun misunderstanding this fact...this kind of missunderstanding Make our bizz on BNM list... Psst: who want join juta PM me This post has been edited by bizer886: Feb 25 2014, 07:21 PM |
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Feb 26 2014, 06:40 PM
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Junior Member
15 posts Joined: May 2010
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So conclusion, BossVenture is trustable or not?
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 Feb 26 2014, 07:59 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(mickeywoi @ Feb 26 2014, 06:40 PM) So conclusion, BossVenture is trustable or not? this thing run since 2011 .. now its about 4 years ler... how can it be label as untrustable? mny pple success.... |
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Feb 26 2014, 08:16 PM
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All Stars
15,192 posts Joined: Oct 2004
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QUOTE(mickeywoi @ Feb 26 2014, 06:40 PM) So conclusion, BossVenture is trustable or not? Take Genneva as example. |
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Feb 26 2014, 11:31 PM
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Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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congratz scamventure.... just been listed down ranking no 19 under BNM watch list as running business without license
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Feb 27 2014, 08:57 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bizer886 @ Feb 26 2014, 07:59 PM) this thing run since 2011 .. now its about 4 years ler... how can it be label as untrustable? mny pple success.... 3 years + ... |
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Feb 27 2014, 09:04 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(max_cavalera @ Feb 26 2014, 11:31 PM) congratz scamventure.... just been listed down ranking no 19 under BNM watch list as running business without license Is true, they do not have License to run the business under an "Investment Scheme" ~ |
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Feb 27 2014, 10:53 AM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(Azurika @ Feb 27 2014, 08:57 AM) 3 years + ... same la ...hahahahaha what us important ..im very confident to this...and...with 1.5% daily...who want to glve thus....join me..or u all will rugi 1.5 hahahah This post has been edited by bizer886: Feb 27 2014, 10:56 AM |
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Feb 27 2014, 10:56 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bizer886 @ Feb 27 2014, 10:53 AM) same ka ...hahahahaha what us impirtant us..im very cinfident to this...and...with 1.5% daily...who want to guve thus....join me..or u all will rugi 1.5 hahahah Beware of your method of promotion, as it is not complying with company compliance. |
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Feb 27 2014, 11:49 AM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(Azurika @ Feb 27 2014, 10:56 AM) Beware of your method of promotion, as it is not complying with company compliance. Hahaha I'm aware of that ... as long we dont say it an investment or savings ....this is profit over purchasing around the world .....btw azurika U also boss venture reseller? |
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Feb 27 2014, 11:52 AM
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Junior Member
203 posts Joined: Nov 2012 From: Pahang
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from what I can understand from a friend of mine..
this basic 800+ plan will gives you - 100dollars (rm360 roughly) - get to withdraw your profit on 9th month of your investment but the catch is.. (this I assume this business is legal and safe) - donno where my balance 400++ go - on 3rd month you investment start to take some 'tax' or something $100 - after the 3rd month $100 'tax' ur investment will be taking a 'daily tax' but smaller then ur compound interest so u still make money - at the 9th month u can only withdraw 20% of ur investment - lastly, their $ to RM conversion is just rm2.7+/$ I ask about my friend why rm2.7/$, what this $100 'tax', what is this 'daily tax', and can I take out my investment before 3rd month.. all he cannot explain.. this is my softest way to tell him that im saying NO!.. |
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Feb 27 2014, 12:12 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(ELinawa @ Feb 27 2014, 11:52 AM) from what I can understand from a friend of mine.. that 400 is for 1time cyber license ..about the 100$ 'tax' a.it for rolling back the buzz...this basic 800+ plan will gives you - 100dollars (rm360 roughly) - get to withdraw your profit on 9th month of your investment but the catch is.. (this I assume this business is legal and safe) - donno where my balance 400++ go - on 3rd month you investment start to take some 'tax' or something $100 - after the 3rd month $100 'tax' ur investment will be taking a 'daily tax' but smaller then ur compound interest so u still make money - at the 9th month u can only withdraw 20% of ur investment - lastly, their $ to RM conversion is just rm2.7+/$ I ask about my friend why rm2.7/$, what this $100 'tax', what is this 'daily tax', and can I take out my investment before 3rd month.. all he cannot explain.. this is my softest way to tell him that im saying NO!.. -about the 20% withdrawal... that not true ....that 20%is the BEST setting to withdraw..u can set any% U want PM ME if U want more and the truth about it This post has been edited by bizer886: Feb 27 2014, 12:13 PM |
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Feb 27 2014, 12:35 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bizer886 @ Feb 27 2014, 11:49 AM) Hahaha I'm aware of that ... as long we dont say it an investment or savings ....this is profit over purchasing around the world .....btw azurika U also boss venture reseller? Your also stating 1.5% , not up to 1.5% which many people assume it will max always and this is also non compliance. Thats how a legit company will get screw. Im very sure the 1.5% will not sustain pass the 5th year mark unless the SG and China mall hits big.QUOTE(ELinawa @ Feb 27 2014, 11:52 AM) from what I can understand from a friend of mine.. Cheers ~this basic 800+ plan will gives you - 100dollars (rm360 roughly) RM330 , is x3.3 not 3.6 - get to withdraw your profit on 9th month of your investment you can withdraw anytime, is just to make it simple, start drawing on the 9th month (270day) and at the 360 day based on perfect senario[SIZE=7], you get USD777 = roughly RM2k after all deductions. but the catch is.. (this I assume this business is legal and safe) - donno where my balance 400++ go it pays your upline, and contribute to the DSI pull to pay your that up to 1.5% bonus - on 3rd month you investment start to take some 'tax' or something $100 I wont go into detail which this as is complicated and you want to meet me up for clarification if your really interested, is not tax, is a calculation method so they DO NOT overpay. - after the 3rd month $100 'tax' ur investment will be taking a 'daily tax' but smaller then ur compound interest so u still make money I wont go into detail which this as is complicated and you want to meet me up for clarification if your really interested, is not tax, is a calculation method so they DO NOT overpay. - at the 9th month u can only withdraw 20% of ur investment This is not a investment, if it is , it is ILLEGAL !. You get the full 100% of the passive income and only charged 3% admin fee during withdrawal. - lastly, their $ to RM conversion is just rm2.7+/$ thats how they company make money, and not overpay. For all you should care, if company cannot make money, how can they sustain and pay you ? I ask about my friend why rm2.7/$, what this $100 'tax', what is this 'daily tax', and can I take out my investment before 3rd month.. all he cannot explain.. You can ask your friend to fly kite, thats how untrained and irresponsible people destroy new business models and MLM market. you can withdraw out everything by the 3rd month, is just you will be at a lost if your only looking at passive income ! Your total you draw out at day 90 is USD135 IF everyday hits 1.5% when you put in USD250 this is my softest way to tell him that im saying NO!.. Thats the right thing to do ! As going under someone who does not know the business model is going to cost you more then just your RM825 ! |
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Feb 27 2014, 05:13 PM
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Junior Member
124 posts Joined: May 2009
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erm...why keep saying boss venture is established all across asia? i only see indon and malaysia interested in this kind of things.. probably not approved in developed country so have to aim third world country where everything can be settle through "ehem ehem"...keep saying global mall but all visitor come from malaysia and small fraction from indonesia..can check alexa for the statistics.. website so cikai like use template only, very funny for a "MSC STATUS COMPANY".. non msc company can do better website..
This post has been edited by avanray: Feb 27 2014, 05:16 PM |
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Feb 27 2014, 06:12 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(avanray @ Feb 27 2014, 05:13 PM) erm...why keep saying boss venture is established all across asia? i only see indon and malaysia interested in this kind of things.. probably not approved in developed country so have to aim third world country where everything can be settle through "ehem ehem"...keep saying global mall but all visitor come from malaysia and small fraction from indonesia..can check alexa for the statistics.. website so cikai like use template only, very funny for a "MSC STATUS COMPANY".. non msc company can do better website.. Website is seriously fcuked ! You have no idea how worried and headache me and my team had during Dec and Jan. Servers and website was practically down and overloaded ! I myself am worried company was ready to shut down and run my USD10k , but early February things started to stabilized. They manage to hit MSC status due to their "IT Marketing Plan" , if is about infrastructure , web design , they are 10 years late ! |
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Feb 27 2014, 06:38 PM
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Junior Member
124 posts Joined: May 2009
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QUOTE(Azurika @ Feb 27 2014, 06:12 PM) Website is seriously fcuked ! You have no idea how worried and headache me and my team had during Dec and Jan. Servers and website was practically down and overloaded ! I myself am worried company was ready to shut down and run my USD10k , but early February things started to stabilized. But as long as u get ur modal back and make some money u should b ok..hehe..just harvest ur early bird reward..for those late comers there might be some risk since it was already enlisted in bnm..I doubt they really start since 2011..mayb they just registered the company or website in 2011 and only enter full gear in 2013..They manage to hit MSC status due to their "IT Marketing Plan" , if is about infrastructure , web design , they are 10 years late ! |
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Feb 27 2014, 09:34 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(avanray @ Feb 27 2014, 06:38 PM) But as long as u get ur modal back and make some money u should b ok..hehe..just harvest ur early bird reward..for those late comers there might be some risk since it was already enlisted in bnm..I doubt they really start since 2011..mayb they just registered the company or website in 2011 and only enter full gear in 2013.. As I know, the mall for MY was open in late 2011, and Indo was in 2012 , their office in HK was open sumwhere May 2013. Its true early bird definitely already enjoyed all the benefits, question now is how long does the "early bird" season last. Id always share this risk with all my partners as is their hard earn cash they are putting in.As investments are, high risk high return |
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Feb 27 2014, 10:11 PM
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Junior Member
124 posts Joined: May 2009
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QUOTE(Azurika @ Feb 27 2014, 09:34 PM) As I know, the mall for MY was open in late 2011, and Indo was in 2012 , their office in HK was open sumwhere May 2013. Its true early bird definitely already enjoyed all the benefits, question now is how long does the "early bird" season last. Id always share this risk with all my partners as is their hard earn cash they are putting in. Good for u...I'm not against this kind of things but I'm against ppl who sells fantasy n dreams...a lot of ppl here in Sabah are very obsessed with this thing..they believe every single thing the coo/CEO told them..they really thought they are shareholder of the next google...they even fly all the way to kl for d dinner..most of the ppl in the picture during the anniversary are sabahan.. They boast about bv as if it is the best n biggest "e-mall" in d world.not even once they tried to promote the stuff advertised in the website..all they talk about is d 1.5%/day. Actually my parent also join bv and put around 30k usd since last July or August.. I advised them to play smart..I guess they already earn the benefit bcoz i saw new massage chair and treadmill in their house..hahaAs investments are, high risk high return This post has been edited by avanray: Feb 27 2014, 10:12 PM |
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Feb 27 2014, 11:30 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(avanray @ Feb 27 2014, 10:11 PM) Good for u...I'm not against this kind of things but I'm against ppl who sells fantasy n dreams...a lot of ppl here in Sabah are very obsessed with this thing..they believe every single thing the coo/CEO told them..they really thought they are shareholder of the next google...they even fly all the way to kl for d dinner..most of the ppl in the picture during the anniversary are sabahan.. They boast about bv as if it is the best n biggest "e-mall" in d world.not even once they tried to promote the stuff advertised in the website..all they talk about is d 1.5%/day. Actually my parent also join bv and put around 30k usd since last July or August.. I advised them to play smart..I guess they already earn the benefit bcoz i saw new massage chair and treadmill in their house..haha If the 30K is a sum they can lose, then by all means. Even if they cash out direct, within 90 days they gain a positive 2% of their 30K after deducting admin fee and conversion rate. Lets be smart, when the pool gets bigger, there is less cake for everyone unless the cake can get bigger. Thats why I told everybody sustainability for more then 5 years highly depends on their mall in SG and China. |
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Mar 19 2014, 11:51 AM
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Junior Member
43 posts Joined: Mar 2013
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QUOTE(escargo75 @ Jan 19 2014, 03:08 PM) I just cannot understand how the company make money except getting money from new members. You got 100% discount - are you kidding? It means you buy without paying a penny. How the hell a e-commerce stall make money like that? Somemore boast got MSC status and have established all over Asia? No customer complain ma.. BNM cannot take action.. Why the authority taking action like Geneva? Really need to wait till is too late? genuine customer / investor make complain.. then BNM can take action. Also.. go check out who is the owner of cash deal sdn bhd.. his last name is same as one politician. Wonder if they are related. schemes like this like to use royalties, politicians, and other VVIP to boost up their legitimacy perception. |
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Mar 19 2014, 11:57 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(timsook @ Mar 19 2014, 11:51 AM) No customer complain ma.. BNM cannot take action.. Name me 1 local scheme revolving B2B/Network marketing that doesnt genuine customer / investor make complain.. then BNM can take action. Also.. go check out who is the owner of cash deal sdn bhd.. his last name is same as one politician. Wonder if they are related. schemes like this like to use royalties, politicians, and other VVIP to boost up their legitimacy perception.  |
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Mar 19 2014, 12:07 PM
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Junior Member
43 posts Joined: Mar 2013
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QUOTE(Azurika @ Mar 19 2014, 11:57 AM) Name me 1 local scheme revolving B2B/Network marketing that doesnt All I can say is good luck. Each to him/herself |
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Mar 19 2014, 12:08 PM
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Junior Member
43 posts Joined: Mar 2013
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QUOTE(timsook @ Mar 19 2014, 12:07 PM) All I can say is good luck. Each to him/herself As long as there are "investment schemes" with easy picking.. there will be people of easy pickings. |
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Mar 19 2014, 12:12 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(timsook @ Mar 19 2014, 12:08 PM) As long as there are "investment schemes" with easy picking.. there will be people of easy pickings. Yeah, thats how naive the people within the world are even the Kiam Siap Singaporeans are hot sellers due to the Kia Su factor kicks in  PS: Boss Venture is not classified under "Investment Schemes"  |
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Mar 19 2014, 01:42 PM
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Junior Member
94 posts Joined: Aug 2010
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so bro Azurika, u r in for passive type or active type?
i'm dumping in some cash and gonna let it roll for 270 days to earn some fast cash. gonna be passive type. from the currently assign 1.5% DSI, the passive income return gonna be wild after 270 days. |
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Mar 19 2014, 02:18 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bebear1980 @ Mar 19 2014, 01:42 PM) so bro Azurika, u r in for passive type or active type? Im active i'm dumping in some cash and gonna let it roll for 270 days to earn some fast cash. gonna be passive type. from the currently assign 1.5% DSI, the passive income return gonna be wild after 270 days. But my Passive from my active surpass my passive if you understand what I mean "4th payout from Active side" ~ If you dump RM825/924 , yeah 360 days include withdrawal for your fast cash. If you dump RM35475, 90 days include withdrawal time you gain a positive of 2% = RM709.5 , none of my network can give you an exact amount based on 360 days compound as they withdraw bit by bit start from the 90 day This is based on 1.5% calculation Remember a full withdrawal requires 90 days starting from the day you decide to withdraw it Take that into account please as many irresponsible leaders will never advice this information PS: Want me to refer you ? This post has been edited by Azurika: Mar 19 2014, 02:21 PM |
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Mar 19 2014, 03:53 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(Azurika @ Mar 19 2014, 02:18 PM) Im active But my Passive from my active surpass my passive if you understand what I mean "4th payout from Active side" ~ If you dump RM825/924 , yeah 360 days include withdrawal for your fast cash. If you dump RM35475, 90 days include withdrawal time you gain a positive of 2% = RM709.5 , none of my network can give you an exact amount based on 360 days compound as they withdraw bit by bit start from the 90 day This is based on 1.5% calculation Remember a full withdrawal requires 90 days starting from the day you decide to withdraw it Take that into account please as many irresponsible leaders will never advice this information PS: Want me to refer you ? |
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Mar 19 2014, 04:23 PM
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Junior Member
94 posts Joined: Aug 2010
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QUOTE(Azurika @ Mar 19 2014, 02:18 PM) Im active wow...good business bro.. But my Passive from my active surpass my passive if you understand what I mean "4th payout from Active side" ~ If you dump RM825/924 , yeah 360 days include withdrawal for your fast cash. If you dump RM35475, 90 days include withdrawal time you gain a positive of 2% = RM709.5 , none of my network can give you an exact amount based on 360 days compound as they withdraw bit by bit start from the 90 day This is based on 1.5% calculation Remember a full withdrawal requires 90 days starting from the day you decide to withdraw it Take that into account please as many irresponsible leaders will never advice this information PS: Want me to refer you ? i'm a bit blur on the positive of 2% that you mention there. Do you mean other than the DSI payout 1.5% daily, at the end of 90 days still got extra 2%? can elaborate more? Actually i top up USD3000 into my brother existing account. his account will reach 90 days by 24/3 then will let it continue to roll. About the full withdrawal you mention above requires 90 days, is it mean close account? And they pay whole amount at the 90th day or split it to 30 days pay once until it finish? other wise the withdrawal from eWallet should just take 2-3 business days right? |
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Mar 19 2014, 04:47 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bebear1980 @ Mar 19 2014, 04:23 PM) wow...good business bro.. You and your brother joined a scheme and does not know the correct method of payout ? i'm a bit blur on the positive of 2% that you mention there. Do you mean other than the DSI payout 1.5% daily, at the end of 90 days still got extra 2%? can elaborate more? Actually i top up USD3000 into my brother existing account. his account will reach 90 days by 24/3 then will let it continue to roll. About the full withdrawal you mention above requires 90 days, is it mean close account? And they pay whole amount at the 90th day or split it to 30 days pay once until it finish? other wise the withdrawal from eWallet should just take 2-3 business days right? Some1 could have scam your USD3000 or more |
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Mar 19 2014, 05:48 PM
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Junior Member
94 posts Joined: Aug 2010
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QUOTE(Azurika @ Mar 19 2014, 04:47 PM) You and your brother joined a scheme and does not know the correct method of payout ? of cos no, wont join any blindly. Some1 could have scam your USD3000 or more i have been going through the presentation file and actually we only interested at the DSI. just that inside the presentation file did not mention anything the 'positive 2%' that you mention. from what the upline/reseller explain, the full withdrawal will take up to 3 months. Payment will be split into 3 and paid every month. as you said earlier, some reseller/representative did not explain fully and that's why i asking to seek for confirmation. |
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Mar 19 2014, 05:54 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bebear1980 @ Mar 19 2014, 05:48 PM) of cos no, wont join any blindly. Was the presentation done by Richard Lim ? Get me his name and Ill have him f**ked !i have been going through the presentation file and actually we only interested at the DSI. just that inside the presentation file did not mention anything the 'positive 2%' that you mention. from what the upline/reseller explain, the full withdrawal will take up to 3 months. Payment will be split into 3 and paid every month. as you said earlier, some reseller/representative did not explain fully and that's why i asking to seek for confirmation. Full withdrawal takes 90 days based on your peek credits only have a 90 day cycle. You are able to withdraw EVERY day. Positive 2% is what me and my group found out after doing certain experiments. Most jokers will only get you in fast for their passive income to grow and be done with it. You need to understand the business plan to reduce your risk. If you do not understand what is going on, how do you know when is the right time to leave ? I even did the calculation with my friend what happens if the DSI drops, which comes to a surprise to many. |
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Mar 19 2014, 06:07 PM
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Junior Member
94 posts Joined: Aug 2010
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QUOTE(Azurika @ Mar 19 2014, 05:54 PM) Was the presentation done by Richard Lim ? Get me his name and Ill have him f**ked ! seem like you are at the higher level wor.....can F**k ppl :-PFull withdrawal takes 90 days based on your peek credits only have a 90 day cycle. You are able to withdraw EVERY day. Positive 2% is what me and my group found out after doing certain experiments. Most jokers will only get you in fast for their passive income to grow and be done with it. You need to understand the business plan to reduce your risk. If you do not understand what is going on, how do you know when is the right time to leave ? I even did the calculation with my friend what happens if the DSI drops, which comes to a surprise to many. i downloaded the presentation file directly from the website. My bro joined under his fren/upline at Penang and i'm in KL so i havent meet up with his fren/upline yet. i hv been doing calculation of my own with best DSI payout (1.5%) to determine at which stage to withdraw some interest and get back my USD3000 first then continue to let it roll inside until it mature then make full withdrawal. hopefully DSI stays at 1.5% throughout this year. haha...experiments some more, professional! maybe we can meet up and you explain to me further on this? but have to let you know first that i surely can't join under you cause my money already at my bro side |
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Mar 19 2014, 06:12 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bebear1980 @ Mar 19 2014, 06:07 PM) seem like you are at the higher level wor.....can F**k ppl :-P Penang ? Tony ? David ? Koay ? Mr Soh ? Botak ? Afew of the more famous leaders.i downloaded the presentation file directly from the website. My bro joined under his fren/upline at Penang and i'm in KL so i havent meet up with his fren/upline yet. i hv been doing calculation of my own with best DSI payout (1.5%) to determine at which stage to withdraw some interest and get back my USD3000 first then continue to let it roll inside until it mature then make full withdrawal. hopefully DSI stays at 1.5% throughout this year. haha...experiments some more, professional! maybe we can meet up and you explain to me further on this? but have to let you know first that i surely can't join under you cause my money already at my bro side Im no higher management, but I know of the people who have the authority to do so Something is fishy here. You cannot top up USD3k unless you have 2 direct sponsors. Meaning you put your money in your bros account ? Splitting of the cash later stages can get messy As im sure your bro might want to do monthly top up. I hope your bro created a new account for you and top up somehow. If not, hopefully you 2 are on good terms.Cheers ~ |
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Mar 19 2014, 06:18 PM
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Junior Member
94 posts Joined: Aug 2010
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QUOTE(Azurika @ Mar 19 2014, 06:12 PM) Penang ? Tony ? David ? Koay ? Mr Soh ? Botak ? Afew of the more famous leaders. yes, i'm aware of the 2 direct sponsors. actually we join forces la using 1 account, big amount more return mah :-PIm no higher management, but I know of the people who have the authority to do so Something is fishy here. You cannot top up USD3k unless you have 2 direct sponsors. Meaning you put your money in your bros account ? Splitting of the cash later stages can get messy As im sure your bro might want to do monthly top up. I hope your bro created a new account for you and top up somehow. If not, hopefully you 2 are on good terms.Cheers ~ his upline manage to get him 1 direct sponsors then both of us create another new account (rm825) under his existing account so that we can do the top up. splitting the cash is ok, we base on % of money we put in n splitting the earning by % also. we plan to top up only once, they didn't mention about monthly top up. if do monthly top up which mean every month need to get 2 direct sponsors? |
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Mar 20 2014, 08:38 AM
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All Stars
15,192 posts Joined: Oct 2004
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Soon, we will see many are crying here.
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Mar 20 2014, 09:05 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(jack2 @ Mar 20 2014, 08:38 AM) Soon, we will see many are crying here. Made enough d, company today close down also never mind |
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Apr 1 2014, 11:31 PM
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Newbie
1 posts Joined: Feb 2014
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does the member need to commit a certain sales volume? In MLM terms it's called PV. MLM is not easy money. Takes alot of time and effort to build the team. MLM concept is consumer recruiting consumer. Each consumer in the organization uses the products of the company are very happy with the products. Not forcefully. If put in money and do nothing.. than a scam. must have sales.
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Apr 4 2014, 04:54 PM
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Senior Member
1,692 posts Joined: Mar 2009 From: Probation?
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this is good money
my parents bought new car with profit already |
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Apr 4 2014, 05:09 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(cct097 @ Apr 1 2014, 11:31 PM) does the member need to commit a certain sales volume? In MLM terms it's called PV. MLM is not easy money. Takes alot of time and effort to build the team. MLM concept is consumer recruiting consumer. Each consumer in the organization uses the products of the company are very happy with the products. Not forcefully. If put in money and do nothing.. than a scam. must have sales. There is no commitment for the passive side, thats why is not guaranteed income. Its clearly stated "Up to 1.5%" on their official FB page and Website. The active side requires you to work for the numbers. |
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Apr 5 2014, 02:58 AM
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Newbie
4 posts Joined: Apr 2014
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C'mon guys, anyone with decent intelligence would have spotted the red flags. the original intention of this whole scheme was never about financial freedom (as per the website), entrepreneurship etc pple are simply leveraging on the weakness of human nature for unscrupulous gains.
do not be blinded by greed. No doubt the early birds would have diminished the risk if you are able to cash out your principle. Remember, what you are profitting over months could be hard earned savings accumulated for years to others. Look into the mirror and ask yourself whether you allow your moral value to deterioriate. what e-mall, a plastic bottle going for 7 times more for what you could have gotten off the shelf in the supermarket. it seems highly unlikely anyone with the right frame of mind would purchase any of the items from the site. I do admit that i was shaken atthe beginning but i hate the idea of gaining at the expense of others. |
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Apr 5 2014, 02:55 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bvbv @ Apr 5 2014, 02:58 AM) C'mon guys, anyone with decent intelligence would have spotted the red flags. the original intention of this whole scheme was never about financial freedom (as per the website), entrepreneurship etc pple are simply leveraging on the weakness of human nature for unscrupulous gains. Which industry does not follow gaining at the expense of others ? do not be blinded by greed. No doubt the early birds would have diminished the risk if you are able to cash out your principle. Remember, what you are profitting over months could be hard earned savings accumulated for years to others. Look into the mirror and ask yourself whether you allow your moral value to deterioriate. what e-mall, a plastic bottle going for 7 times more for what you could have gotten off the shelf in the supermarket. it seems highly unlikely anyone with the right frame of mind would purchase any of the items from the site. I do admit that i was shaken atthe beginning but i hate the idea of gaining at the expense of others. |
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Apr 5 2014, 09:15 PM
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Newbie
4 posts Joined: Apr 2014
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QUOTE(Azurika @ Apr 5 2014, 02:55 PM) Which industry does not follow gaining at the expense of others ? if u dont see it than theres no progress even if i explain. |
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Apr 5 2014, 11:55 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bvbv @ Apr 5 2014, 09:15 PM) if u dont see it than theres no progress even if i explain. Every industry employs workers who trades their time and freedom for $, which makes their boss richer. Which industry does not follow this simple rule of thumb ? Even banks who are legal loan sharks follow this rule which makes them richer. I do not see any successful business/company that does not leverage. |
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Apr 6 2014, 04:54 AM
Show posts by this member only | IPv6 | Post
#109
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Newbie
4 posts Joined: Apr 2014
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QUOTE(Azurika @ Apr 5 2014, 11:55 PM) Every industry employs workers who trades their time and freedom for $, which makes their boss richer. Which industry does not follow this simple rule of thumb ? ur replies clearly shows an ignorant towards the key pt. conscience Even banks who are legal loan sharks follow this rule which makes them richer. I do not see any successful business/company that does not leverage. |
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Apr 6 2014, 05:42 AM
Show posts by this member only | IPv6 | Post
#110
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Newbie
4 posts Joined: Apr 2014
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Apr 6 2014, 06:06 AM
Show posts by this member only | IPv6 | Post
#111
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Senior Member
879 posts Joined: Oct 2008
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QUOTE(Azurika @ Dec 31 2013, 08:13 AM) Correction, 1)Sleep Mode/Passive mode, you MIGHT earn if there is daily sales profit 2) There is quite alot of trading of products/items, and it is nothing like stock Im not too sure about why this was mentioned "This mean, any company with MSC status is actually and supposed to developed infrastructure and technology under the law of BoG. Instead, BossVenture.com (Cash Deal Sdn Bhd) had misconducted BoG to run a business under MLM scheme." Kindly do let us know why you think they are not developing infrastructured and technology ? It will be on Friday QUOTE(edison1437 @ Dec 31 2013, 10:09 AM) i dont understand the 1 highlighted RM825 is the entry amount. to have the principle back you need 7 month. unless you add another USD 30 for 6 months. Right? QUOTE(Azurika @ Apr 5 2014, 11:55 PM) Every industry employs workers who trades their time and freedom for $, which makes their boss richer. Which industry does not follow this simple rule of thumb ? OK...!! bank is different case. I know that your fact is right.. that is one of the way bank work.. Bank diversify and I don think the cashdeal owned boss venture can do that.. Bank has stock, investment, properties, fixed depost . the problem here is the bank is using interest instead of pyramid scheme pyramid scheme.. Boss venture do not have brand, financial report, investment, properties.. stock game. Even banks who are legal loan sharks follow this rule which makes them richer. I do not see any successful business/company that does not leverage. MLM is very different with pyramid scheme because.. the company has to be like marykay with thousand employees and registered, recognised, popular brand and has distinctive research on the product ..They roll out MLM which is legal.. because they have backbone to pay member of MLM. boss venture can be MLM but term changed to pyramid scheme.. It is likely unsustainable.. the term changed because they do not have investment, properties, fixed asset that grow in value.. They sell products... just like a local groceries store.. did you seen local groceries store open up pyramid scheme?? distinctive products?? I don think they had one or they could simply make one.. boss venture is like an investment and short-term.. the risk is higher you could jeopardise capital injection I mean they really will suck all your capital your money invested because they don guarantee anything.. but it seem it will stay longer with all those legal documents.. The problem with boss venture what is it financial status? if it like a bank it must have financial status and CEO that will show up in local public conference if something happened !! . The most significant and attractive thing of pyramid scheme is whether it will grow strongly and become a legitimate company?? or it will likely to burst?? As long people live and get interested and move their money to one institution it will live !! but, few years later, you still think no one will develop a better pyramid scheme?? when the time come, one pyramid scheme will take over another and it will become memory !! It seem like a hypnotizing business.. let call it hypnotized pyramid scheme.. You will forget your money lost to them !! as investment is seem like to agree with that.. Investment risky right ! |
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Apr 6 2014, 09:11 PM
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Senior Member
832 posts Joined: Sep 2012 From: Richmond, Oakland hills 
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QUOTE(spacelion @ Apr 4 2014, 04:54 PM) this is good money then GO AHEAD lor.my parents bought new car with profit already you THINK only this way can earn money. when company DEFAULT, that's your GREAT day. |
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Apr 7 2014, 09:59 AM
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Senior Member
1,692 posts Joined: Mar 2009 From: Probation?
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QUOTE(adolph @ Apr 6 2014, 09:11 PM) then GO AHEAD lor. already make back investment why bother if default ?you THINK only this way can earn money. when company DEFAULT, that's your GREAT day. |
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Apr 7 2014, 11:34 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(adolph @ Apr 6 2014, 09:11 PM) then GO AHEAD lor. Already cashed out more then what is put in you THINK only this way can earn money. when company DEFAULT, that's your GREAT day. If it Default, so be it. If it sustain for another 7 years, it adds to my positive cash flow. High risk, high return. Low risk, low return ~ Never believe in high risk unless you can afford to lose it. Anyway for us who put in USD10k, 4 months give us a return of > 10% profit Cheers ~ |
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Apr 15 2014, 09:18 PM
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Newbie
1 posts Joined: Apr 2014
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lalalallalaa..
just relax at home and wait the income.. |
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Apr 16 2014, 11:02 AM
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Newbie
3 posts Joined: Apr 2014 From: Singapore
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A successful MLM company will Invest in Product before Invest in Marketing ....
If the company just use $$ to attract you instead of their products , Becareful ... If the the company ask you to invest first then they will work out the products , also becareful , if they cant work it out ... they will just grap all investor money and run away ... MLM is proved workable if the company use it correctly ... But still need to depands on the company what they selling ... What is the company marketing plan ... is it the company marketing plan can run in long term ? |
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Apr 16 2014, 11:43 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(xiiaokang @ Apr 16 2014, 11:02 AM) A successful MLM company will Invest in Product before Invest in Marketing .... >10 years, they will face issues of over paying If the company just use $$ to attract you instead of their products , Becareful ... If the the company ask you to invest first then they will work out the products , also becareful , if they cant work it out ... they will just grap all investor money and run away ... MLM is proved workable if the company use it correctly ... But still need to depands on the company what they selling ... What is the company marketing plan ... is it the company marketing plan can run in long term ?  Currently in their 4th year, so still save for minimum 1-2 years playing conservative. |
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Apr 16 2014, 12:11 PM
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Newbie
3 posts Joined: Apr 2014 From: Singapore
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QUOTE(Azurika @ Apr 16 2014, 11:43 AM) >10 years, they will face issues of over paying Haha , i think so .... Currently in their 4th year, so still save for minimum 1-2 years playing conservative. |
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Apr 16 2014, 02:39 PM
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Junior Member
452 posts Joined: Nov 2007
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got another 'old' friend pmed via FB to meet up and wanna 'share' this opportunities lol. initial money needed is RM 5775
no way in hell i wana spend money on this and worst, goin to go and lurk for victims. yea they said can earn passively, but if thats true, why would i primary school friend suddenly pm u and ask to meet up? |
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Apr 16 2014, 05:35 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(donalduck @ Apr 16 2014, 02:39 PM) got another 'old' friend pmed via FB to meet up and wanna 'share' this opportunities lol. initial money needed is RM 5775 Come come, start up RM825 I help sign you up ~ No need hassle meetup which is money in terms of time, petrol, car park, and a cup of coffee ~ no way in hell i wana spend money on this and worst, goin to go and lurk for victims. yea they said can earn passively, but if thats true, why would i primary school friend suddenly pm u and ask to meet up? But if he already said meet up to discuss this, should be no problem wat ~ The issue comes when he ask you to lim teh, but when you arrive, he sits there with a laptop open |
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Apr 18 2014, 07:45 PM
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Junior Member
671 posts Joined: Jun 2008 From: Malaysia our heavenly home
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QUOTE(Azurika @ Apr 7 2014, 11:34 AM) Already cashed out more then what is put in That mean after 4 month got 11usd back? If it Default, so be it. If it sustain for another 7 years, it adds to my positive cash flow. High risk, high return. Low risk, low return ~ Never believe in high risk unless you can afford to lose it. Anyway for us who put in USD10k, 4 months give us a return of > 10% profit Cheers ~ This post has been edited by shamsul_LP: Apr 18 2014, 07:45 PM |
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Apr 18 2014, 07:49 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(shamsul_LP @ Apr 18 2014, 07:45 PM) That mean after 4 month got 11usd back? Do your maths properly |
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Apr 18 2014, 10:48 PM
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Junior Member
671 posts Joined: Jun 2008 From: Malaysia our heavenly home
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QUOTE(Azurika @ Apr 18 2014, 07:49 PM) Do your maths properly U said got >10% profit from 10k usd after 4 month. That mean get 10k and 1k profit. Total 11kusd. Now please show me your maths |
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Apr 19 2014, 01:16 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(shamsul_LP @ Apr 18 2014, 10:48 PM) U said got >10% profit from 10k usd after 4 month. That mean get 10k and 1k profit. Total 11kusd. Now please show me your maths U said USD11 not USD 11k or 1k |
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Apr 19 2014, 01:42 AM
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Newbie
1 posts Joined: Apr 2014
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May I know is Bossventure really making money for investor?
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Apr 19 2014, 08:03 AM
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Junior Member
671 posts Joined: Jun 2008 From: Malaysia our heavenly home
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QUOTE(Azurika @ Apr 19 2014, 01:16 AM) U said USD11 not USD 11k or 1k Typing error |
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Apr 19 2014, 10:37 AM
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Junior Member
171 posts Joined: Aug 2005 From: bEhInd BluE EyeS
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Already in BNM red list. Shouldnt be long before it closed out. Now Bnm is making plan to raid and windle everything up like geneva and other ponzi scheme.
My advice: take out your money before it is gone This post has been edited by coolster: Apr 19 2014, 10:38 AM |
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Apr 19 2014, 11:54 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(coolster @ Apr 19 2014, 10:37 AM) Already in BNM red list. Shouldnt be long before it closed out. Now Bnm is making plan to raid and windle everything up like geneva and other ponzi scheme. Its in BNM list for being assumed as a Investment company due to unethical advertisements by unethical members. You will not see a word of investment in the official company website, slides or anything link to them.My advice: take out your money before it is gone Many of the accounts which are link to false ad's has been terminated. Sometimes is not the company, but rather the people who make it look like dirt. Thats what happening with World Venture This post has been edited by Azurika: Apr 19 2014, 12:23 PM |
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Apr 19 2014, 12:35 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 19 2014, 11:54 AM) Its in BNM list for being assumed as a Investment company due to unethical advertisements by unethical members. You will not see a word of investment in the official company website, slides or anything link to them. Bro, if you still has money inside, get it out and run away far farMany of the accounts which are link to false ad's has been terminated. Sometimes is not the company, but rather the people who make it look like dirt. Thats what happening with World Venture BNM won't blacklist a company for nothing. If BNM put my company inside their alert list by mistake, I will sue them until they lose their pants. Why those companies in the blacklist never sue BNM ? Because they have shit inside lah |
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Apr 20 2014, 08:51 AM
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Junior Member
171 posts Joined: Aug 2005 From: bEhInd BluE EyeS
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QUOTE(Azurika @ Apr 19 2014, 11:54 AM) Its in BNM list for being assumed as a Investment company due to unethical advertisements by unethical members. You will not see a word of investment in the official company website, slides or anything link to them. When geneva in bnm list last time, some forummers told me 'it is not going to be closed because gold is legal trade'. And now you see it is actually closed. Many of the accounts which are link to false ad's has been terminated. Sometimes is not the company, but rather the people who make it look like dirt. Thats what happening with World Venture As i say, if bv is really a legit company, they should go for public offering instead of getting money through ponzi scheme. Time will be your experience mate |
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Apr 21 2014, 08:36 PM
Show posts by this member only | IPv6 | Post
#131
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Newbie
1 posts Joined: Apr 2014
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taking new investor money to pay old investor, isn't this is how our EPF works? it's been working for many years.
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Apr 22 2014, 12:10 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 19 2014, 12:35 PM) Bro, if you still has money inside, get it out and run away far far I have cashed out more then what I have put in with interest, hence whatever thats inside is a bonus if the company sustain. There are reasons why I dare park my money inside for this duration BNM won't blacklist a company for nothing. If BNM put my company inside their alert list by mistake, I will sue them until they lose their pants. Why those companies in the blacklist never sue BNM ? Because they have shit inside lah |
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Apr 22 2014, 02:47 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 22 2014, 12:10 PM) I have cashed out more then what I have put in with interest, hence whatever thats inside is a bonus if the company sustain. There are reasons why I dare park my money inside for this duration Do you still recommend others to "invest" in this company ? |
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Apr 22 2014, 02:54 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 22 2014, 02:47 PM) Do you still recommend others to "invest" in this company ? I do not recommend others to "Invest" as this is not an investment.If people ask me on investment, I will share with them other investment schemes If people ask me about BV, Id just tell them on the basic potential 1 year payout, and the high risk involve. You will be surprise I spend more time in my F2F presentation talking about the risk, rather then the returns as I believe in Karma, and you have to join in your own free will and not persuaded by me Till today, I have actually not personally approach people on BV, my whole network is people approaching me |
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Apr 22 2014, 03:15 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 22 2014, 02:54 PM) I do not recommend others to "Invest" as this is not an investment. I hope you will just tell people that BV is not worth the risk. Bank Negara already warn everybody.If people ask me on investment, I will share with them other investment schemes If people ask me about BV, Id just tell them on the basic potential 1 year payout, and the high risk involve. You will be surprise I spend more time in my F2F presentation talking about the risk, rather then the returns as I believe in Karma, and you have to join in your own free will and not persuaded by me Till today, I have actually not personally approach people on BV, my whole network is people approaching me |
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Apr 22 2014, 03:53 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 22 2014, 03:15 PM) I hope you will just tell people that BV is not worth the risk. Bank Negara already warn everybody. Given is worth or not worth the risk is not for me to decide but theirs its unethical to make decisions for others. We can only share with them the correct information regarding it. |
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Apr 22 2014, 03:57 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(mgk90 @ Apr 22 2014, 03:56 PM) Can u recommend me any investment that really can be trust What amount of funds are we talking about. And I charge a fee for such consultations |
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Apr 22 2014, 04:11 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 22 2014, 03:53 PM) Given is worth or not worth the risk is not for me to decide but theirs Walao, even Bank Negara already blacklist you still talk about ethical. What you are saying is something like "it is unethical to decide for our student whether to take weed or not. We can only share with them the correct information regarding taking weed or not" its unethical to make decisions for others. We can only share with them the correct information regarding it. Come on. Just be a straight forward person and tell them the truth |
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Apr 22 2014, 04:13 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(mgk90 @ Apr 22 2014, 04:08 PM) Before u ask about the money...atleast give me a brief description about the investment plan And if you dont tell me what amount of funds your able to spare, how can I talk anything on investments ? If you only have 10k, how can you take any of my products which is at least 1mil ? Sorry but I do not talk about any of these over a forum. We can always meet up if you want to discuss further, but since is from a forum you better provide me sufficient evidence you can invest as I do not want to waste my time for an appointment ! CHeers ~ |
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Apr 22 2014, 06:10 PM
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Junior Member
12 posts Joined: Jul 2010
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haiz many sohai here talk about boss venture who zero understanding try to get bad image this business. U get ALL WRONG INFO!!! WRONG WRONG WRONG! They have thing called dsi value for 100 dsi value for u to start "compound"understand meaning compound first before talk any crap.later someone say me one month earn RM 144.09 what for. In the end i piss off don't let him join. if u put dsi 100% setting everyday once u join u sure will suffer losses cant earn back modal. Note is a business not your thing you say is investment la....and so on la....The truth is they are online and offline shoping company. Their revenue sales shared to reseller (joiner). Other source of income is when user buy peek credit they earn from there and shared to reseller. So standard recommended by bossventure is that compound for 9 month. then setting to earn dsi . So everyday u earn 30 usd per day. If u dont understand anything dont talk crap before u join. More i see u people.the more i piss off. One more thing u sohai people. Company do aware listed in alert list.here what they say i direct copy and post at here. OPEN YOUR EYE WIDE AND READ!
 :..if dont understand reread.until u understand...boss venture have lisence but not lisence for investment because they are not investment company...u think they trade forex commodity stock for u ha?!?! sohai...they are online shoping and offline shoping company la u fool! Please be informed that we are aware of our contracted management company Cash Deal Sdn Bhd is being placed in the "Alert List" in BNM website. As stated very clearly by BNM, the list is just an answering guide to the public with reference to the numerous requests on whether Cash Deal Sdn Bhd is being given the license to operate an 'investment' scheme. Cash Deal Sdn Bhd is listed under 'unlicensed activities' by BNM which means to say that Cash Deal Sdn Bhd is NOT licensed by BNM for this 'investment' scheme. Clearly mentioned, the listing situation arises because of the numerous requests to BNM seeking clarifications on our business activities (perceived as investment) that probably arises from possible misrepresentation and misperception by Resellers or 3rd parties with ulterior motives of slandering our business. We are indeed happy that BNM did a good job in telling the public of our actual business activities and put to rest further unnecessary requests with regards to this matter. For your information, please take note that indeed from the start of our business operation via www.bossventure.com, we have and never will apply or qualify to apply for an 'investment' license with BNM due to the fact that our structured business has never been an investment link business per say. All our incentives payout are strictly being based on the collective efforts of sales performances and is neither fixed nor guaranteed by the Company in anyway. For our business operations, Cash Deal Sdn Bhd is legally registered with Suruhanjaya Syarikat Malaysia (SSM) under the business model applications of online shopping under the Company Registration Number 929192-K and is given the Multimedia Super Corridor (MSC) License No. 2695 in view of our unique creation of Digital Neural Application (DNA) for our peek-to-save shopping model by our in-house IT team. However, to prevent any further misrepresentations by Resellers, we will be taking a serious approach to terminate or suspend any Reseller(s) caught promoting our business in blogs, related websites, presentation formats and other medias that wrongly promote our business as an 'investment' scheme without using our official documents, tutorial videos or presentations found in our official website ie. www.bossventure.com To all Resellers who have done or have been promoting the bossventure business using their own materials, you are REQUESTED IMMEDIATELY TO TAKE ACTION BY REMOVING SUCH MATERIALS FROM THE SITE, failing which your Reseller(s) accounts will be suspended or terminated immediately by the Company without any warning or whatsoever. Thank you for your kind attention and co-operation. From the Top Management This post has been edited by mariokuat: Apr 22 2014, 06:16 PM |
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Apr 22 2014, 06:13 PM
Show posts by this member only | IPv6 | Post
#141
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Senior Member
879 posts Joined: Oct 2008
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QUOTE(mariokuat @ Apr 22 2014, 06:10 PM) haiz many sohai here talk about boss venture who zero understanding try to get bad image this business. U get ALL WRONG INFO!!! WRONG WRONG WRONG! They have thing called dsi value for 100 dsi value for u to start "compound"understand meaning compound first before talk any crap.later someone say me one month earn RM 144.09 what for. In the end i piss off don't let him join. if u put dsi 100% setting everyday once u join u sure will suffer losses cant earn back modal. Note is a business not your thing you say is investment la....and so on la....The truth is they are online and offline shoping company. Their revenue sales shared to reseller (joiner). Other source of income is when user buy peek credit they earn from there and shared to reseller. So standard recommended by bossventure is that compound for 9 month. then setting to earn dsi . So everyday u earn 30 usd per day. If u dont understand anything dont talk crap before u join. More i see u people.the more i piss off. I believe you if you tell me what they sell online? What their main product? Their main product is recruit more people and do advertising right?? |
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Apr 22 2014, 06:34 PM
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Junior Member
12 posts Joined: Jul 2010
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QUOTE(rotloi @ Apr 22 2014, 07:13 PM) I believe you if you tell me what they sell online? What their main product? Their main product is recruit more people and do advertising right?? here another try to make the company look bad.......i got boss venture company number DARE DARE CALL! 03-7722 3512 .if call one time cannot connect call several time because got 500,000 reseller nowadays calling them.so ask until u satisfy! note i have make early withdraw to test them is scam or not. For asking people for compounding 9 month that long period. so i dont follow their recommendation for compounding 9 month ...i just compounding 3 month I put dsi 100% i earn daily 3++ usd for one account.i got 4 account to withdraw all those bonus..and my account still not dead even expired? why because there is dsi value in there left amount compounding bigger than minus the expired dsi value. Total i have withdraw is 500++ because i withdraw early earn not big. i give an example for reality. real person experience from boss venture. Ya they do got problem when withdraw for me when put withdraw because technical issue. I tot they lying after 3 weeks they entered my account. After not end yet. I make another withdraw to test them my 5th withdraw also success. U sell stuff got main product de meh online? who knows? they sell everything from electrical appliances and so on....offline shoping mall sure sell more. because more convenient to people. they dont focus recruit. Is your choice if u want to build network or not. If u say they focus on recruit how i earn back part of my modal...i still in process earn back my modal.i just joined since last year 2013 dec 9...attactment below shows my withdrawment prove. if they are scam company what for they so free send me few amount for money....too leisure ha? I no recruit people also. I just open 4 account sleep at there.This post has been edited by mariokuat: Apr 22 2014, 06:37 PM Attached thumbnail(s) 
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Apr 22 2014, 06:49 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(mariokuat @ Apr 22 2014, 06:34 PM) here another try to make the company look bad.......i got boss venture company number DARE DARE CALL! 03-7722 3512 .if call one time cannot connect call several time because got 500,000 reseller nowadays calling them.so ask until u satisfy! Here is also a useful number for you to call and check whether the company is legit. You can ask whatever question to them like "how safe is this company ?" Bank Negara Malaysia TELEPHONE/FACSIMILE/E-MAIL Tel : 1-300-88-5465 (1-300-88-LINK) (Overseas: +603-2174-1717) Fax: +603-2174-1515 E-mail: bnmtelelink@bnm.gov.my Operating Hours: 9.00 a.m. - 5.00 p.m. (Monday - Friday) |
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Apr 22 2014, 06:53 PM
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Junior Member
12 posts Joined: Jul 2010
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have u call bnm ? and ask them? ask them why they put in alert list? they no done illegal thing by selling goods.... you call them why need me call them..need answer is u not me...craping out of boss venture is u not me....anyway u try call bnm ...ask them all the reason everything u need record their talking post at here....or write at here.....because some people listen something say different thing maybe they are uneducated in langauge and so on like in dota 2 pinoy...caveman...
This post has been edited by mariokuat: Apr 22 2014, 07:05 PM |
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Apr 22 2014, 07:14 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(mariokuat @ Apr 22 2014, 06:53 PM) have u call bnm ? and ask them? ask them why they put in alert list? they no done illegal thing by selling goods.... you call them why need me call them..need answer is u not me...craping out of boss venture is u not me....anyway u try call bnm ...ask them all the reason everything u need record their talking post at here....or write at here.....because some people listen something say different thing maybe they are uneducated in langauge and so on like in dota 2 pinoy...caveman... Yes, I called them already. They told me whatever company in their list is not recommended and will soon be raided. That's what they told me. That's why I ask you to call them |
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Apr 22 2014, 07:17 PM
Show posts by this member only | IPv6 | Post
#146
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Senior Member
879 posts Joined: Oct 2008
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QUOTE(mariokuat @ Apr 22 2014, 06:53 PM) have u call bnm ? and ask them? ask them why they put in alert list? they no done illegal thing by selling goods.... you call them why need me call them..need answer is u not me...craping out of boss venture is u not me....anyway u try call bnm ...ask them all the reason everything u need record their talking post at here....or write at here.....because some people listen something say different thing maybe they are uneducated in langauge and so on like in dota 2 pinoy...caveman... you believe it because you have invested a lot |
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Apr 22 2014, 07:24 PM
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Junior Member
12 posts Joined: Jul 2010
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QUOTE(rotloi @ Apr 22 2014, 08:17 PM) you believe it because you have invested a lot what is the time do you call? |
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Apr 22 2014, 07:33 PM
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Junior Member
12 posts Joined: Jul 2010
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QUOTE(rotloi @ Apr 22 2014, 08:17 PM) you believe it because you have invested a lot anyway hope they raid soon. have u check smm and msc site? they are registered. |
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Apr 22 2014, 08:04 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(mariokuat @ Apr 22 2014, 07:33 PM) anyway hope they raid soon. have u check smm and msc site? they are registered. The BNM malay lady I spoke to told me usually they will give some time for the blacklisted company's customer to claim back money from the company. If they raid now, all asset will be freezed immediately. So all customers' money will be stucked inside the company. BNM prosecution process will take years, so the customer's money will be as good as gone.By blacklisting the company, BNM alert the customer their money is in danger. They still have a chance to go to the company and ask for refund. She told me that is the best practice because the customers' chance of getting back the money is the best. Usually the blacklisted company will bankrupt by itself because nobody will trust them anymore. So those customers who still believe the business is legit are the ones who will lose everything If you still have money in the company, faster go claim back while waiting for BNM to raid. Once they raid, your money is as cold as water |
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Apr 22 2014, 08:16 PM
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Senior Member
1,552 posts Joined: Feb 2013
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QUOTE(mariokuat @ Apr 22 2014, 06:53 PM) have u call bnm ? and ask them? ask them why they put in alert list? they no done illegal thing by selling goods.... you call them why need me call them..need answer is u not me...craping out of boss venture is u not me....anyway u try call bnm ...ask them all the reason everything u need record their talking post at here....or write at here.....because some people listen something say different thing maybe they are uneducated in langauge and so on like in dota 2 pinoy...caveman... i am very sure i would trust BNM more. |
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Apr 23 2014, 09:24 AM
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All Stars
15,192 posts Joined: Oct 2004
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i wanna join.. who wanna recruit me
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Apr 23 2014, 10:46 AM
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Senior Member
1,721 posts Joined: Oct 2009
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3 months compound with 300+ daily ? 10k peek credit user spotted.
But thats very little draw out for a 10k user who started in Dec |
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Apr 23 2014, 11:07 AM
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Junior Member
12 posts Joined: Jul 2010
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QUOTE(Azurika @ Apr 23 2014, 11:46 AM) 3 months compound with 300+ daily ? 10k peek credit user spotted. no la i got write 300 daily meh? reread my post please...andi write 30 daily compounded 9 month....haiz poor guy cannot read.But thats very little draw out for a 10k user who started in Dec |
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Apr 23 2014, 11:07 AM
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Junior Member
12 posts Joined: Jul 2010
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QUOTE(Azurika @ Apr 23 2014, 11:46 AM) 3 months compound with 300+ daily ? 10k peek credit user spotted. no la i got write 300 daily meh? reread my post please...andi write 30 daily compounded 9 month....haiz poor guy cannot read.But thats very little draw out for a 10k user who started in Dec |
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Apr 23 2014, 11:11 AM
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Junior Member
12 posts Joined: Jul 2010
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QUOTE(jack2 @ Apr 23 2014, 10:24 AM) i wanna join.. who wanna recruit me https://www.facebook.com/groups/1460959970792090/visit miri group |
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Apr 23 2014, 11:14 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(mariokuat @ Apr 22 2014, 06:34 PM) here another try to make the company look bad.......i got boss venture company number DARE DARE CALL! 03-7722 3512 .if call one time cannot connect call several time because got 500,000 reseller nowadays calling them.so ask until u satisfy! note i have make early withdraw to test them is scam or not. For asking people for compounding 9 month that long period. so i dont follow their recommendation for compounding 9 month ...i just compounding 3 month I put dsi 100% i earn daily 3++ usd for one account.i got 4 account to withdraw all those bonus..and my account still not dead even expired? why because there is dsi value in there left amount compounding bigger than minus the expired dsi value. Total i have withdraw is 500++ because i withdraw early earn not big. i give an example for reality. real person experience from boss venture. Ya they do got problem when withdraw for me when put withdraw because technical issue. I tot they lying after 3 weeks they entered my account. After not end yet. I make another withdraw to test them my 5th withdraw also success. U sell stuff got main product de meh online? who knows? they sell everything from electrical appliances and so on....offline shoping mall sure sell more. because more convenient to people. they dont focus recruit. Is your choice if u want to build network or not. If u say they focus on recruit how i earn back part of my modal...i still in process earn back my modal.i just joined since last year 2013 dec 9...attactment below shows my withdrawment prove. if they are scam company what for they so free send me few amount for money....too leisure ha? I no recruit people also. I just open 4 account sleep at there.QUOTE(mariokuat @ Apr 23 2014, 11:07 AM) no la i got write 300 daily meh? reread my post please...andi write 30 daily compounded 9 month....haiz poor guy cannot read. Sorry, but I cant comprehend your poor sense of english. And opening 4 accounts is inefficient, as you could have top up the balance to your first account, unless it has already been top up with USD10k This however is a different story if your a net-worker, which clearly in your statement says no. |
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Apr 23 2014, 11:17 AM
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Junior Member
12 posts Joined: Jul 2010
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QUOTE(Azurika @ Apr 23 2014, 12:14 PM) Sorry, but I cant comprehend your poor sense of english. 3.XX something behind lar..if u so good comment people english then u correct it then...your english also poor. so shut the f*** up/And opening 4 accounts is inefficient, as you could have top up the balance to your first account, unless it has already been top up with USD10k This however is a different story if your a net-worker, which clearly in your statement says no. |
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Apr 23 2014, 11:21 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(mariokuat @ Apr 23 2014, 11:17 AM) 3.XX something behind lar..if u so good comment people english then u correct it then...your english also poor. so shut the f*** up/ 3.xx after 3 months with a 4 accounts user ? What kind of leaders do you have over there ?Need to sit down with Richard to discuss Miri market if thats what is happening over there this weekend. PS: Flames do not encourage yourself nor the company to shine I have already gotten a decent amount of signup in LYN by showing facts in a fair manner. This post has been edited by Azurika: Apr 23 2014, 11:23 AM |
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Apr 23 2014, 03:29 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 23 2014, 11:21 AM) 3.xx after 3 months with a 4 accounts user ? Azurika, hope when you are recruiting for BV, the first advice to your potential recruit will be to ask them to call Bank Negara personally What kind of leaders do you have over there ?Need to sit down with Richard to discuss Miri market if thats what is happening over there this weekend. PS: Flames do not encourage yourself nor the company to shine I have already gotten a decent amount of signup in LYN by showing facts in a fair manner. |
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Apr 23 2014, 03:37 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 23 2014, 03:29 PM) Azurika, hope when you are recruiting for BV, the first advice to your potential recruit will be to ask them to call Bank Negara personally Well, I did tell them it is listed under black list They call or not is another story, some paid up, some didnt. |
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Apr 23 2014, 03:41 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 23 2014, 03:37 PM) Well, I did tell them it is listed under black list Why would you still accept recruitment knowing the company will fold very soon ? That would seriously damage your own reputation later. Is money more important than your long term reputation ? They call or not is another story, some paid up, some didnt. |
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Apr 23 2014, 03:50 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 23 2014, 03:41 PM) Why would you still accept recruitment knowing the company will fold very soon ? That would seriously damage your own reputation later. Is money more important than your long term reputation ? Personally, I have reasons that company will not fold yet. And my team would have obtain their money before anything happens. We have a formula to at least get ROI in the shortest time And my reputation is only tainted IF I didnt not warn you of all these possibilities. I warn you of the risk, is up to you to take it or not. Is like going for a surgery with 50/50 chance. The doctor already warn you of possible death, and you still take the chance, the family going to blame the doctor ? Its only a problem when you force money from people, or leave out information, or worse fake it. And I do not recruit, people ask me on their own will and ask me to get them in. Did u know I turn down some of the old aunties which wants to cash in their entire savings ? I told them just go for basic, keep their savings in other location. This post has been edited by Azurika: Apr 23 2014, 03:51 PM |
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Apr 23 2014, 04:22 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 23 2014, 03:50 PM) Personally, I have reasons that company will not fold yet. And my team would have obtain their money before anything happens. We have a formula to at least get ROI in the shortest time But, the doctor (Bank Negara) has already diagnosed the patient (Boss Venture) is terminally ill. It is just a matter of time the patient will die. You still tell the patient's family got 50-50 chance And my reputation is only tainted IF I didnt not warn you of all these possibilities. I warn you of the risk, is up to you to take it or not. Is like going for a surgery with 50/50 chance. The doctor already warn you of possible death, and you still take the chance, the family going to blame the doctor ? Its only a problem when you force money from people, or leave out information, or worse fake it. And I do not recruit, people ask me on their own will and ask me to get them in. Did u know I turn down some of the old aunties which wants to cash in their entire savings ? I told them just go for basic, keep their savings in other location. Friend, have some mercy. Even if people come to you to ask on their own will, you should just tell them there are better opportunity elsewhere Of course unless you have everything to gain monetarily. Then just tell me you are only after their money, and I will stfu |
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Apr 23 2014, 04:27 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 23 2014, 04:22 PM) But, the doctor (Bank Negara) has already diagnosed the patient (Boss Venture) is terminally ill. It is just a matter of time the patient will die. You still tell the patient's family got 50-50 chance I have never told them is 50/50 chance ~ thats just an example Friend, have some mercy. Even if people come to you to ask on their own will, you should just tell them there are better opportunity elsewhere Of course unless you have everything to gain monetarily. Then just tell me you are only after their money, and I will stfu Personally I think is a good opportunity , IF you can afford to lose the money you put in. In some sense its like gambling when I explain to the aunties. You put your money in a jackpot and you roll, you risk losing it , or gain some. Next you double it, risking what you have, but chance to grow even more, and the RISK gets HIGHER. This post has been edited by Azurika: Apr 23 2014, 04:27 PM |
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Apr 23 2014, 04:30 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 23 2014, 04:27 PM) I have never told them is 50/50 chance ~ thats just an example Ok lah, obviously you are after their money even though the company has been sentenced to death by Bank Negara Personally I think is a good opportunity , IF you can afford to lose the money you put in. In some sense its like gambling when I explain to the aunties. You put your money in a jackpot and you roll, you risk losing it , or gain some. Next you double it, risking what you have, but chance to grow even more, and the RISK gets HIGHER. You are no different compare to those famous Genneva gold agents |
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Apr 23 2014, 04:34 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 23 2014, 04:30 PM) Ok lah, obviously you are after their money even though the company has been sentenced to death by Bank Negara ThanksYou are no different compare to those famous Genneva gold agents We will see who gets the last laugh by end of this year |
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Apr 23 2014, 04:40 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 23 2014, 04:34 PM) Thanks I think Genneva agents said the same thing We will see who gets the last laugh by end of this year |
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Apr 23 2014, 04:46 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 23 2014, 04:40 PM) I think Genneva agents said the same thing I know, in the end thats the truth right ? Im im right, ill be laughing and many will regret doubting the company so much. If im wrong, you will be laughing , and everybody trolling that im a scammer, no ? Sorry but I have been with 2 pioneer MLM companies, and I have proven both right 2 my clients and friends and Im hoping to see a 3rd Speaking of Genneva, I was never their agent as 1 of my uncle trades gold from the middle east, hence he told me is impossible for them to pay that rate based on ONLY gold appreciation rate. |
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Apr 23 2014, 05:41 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 23 2014, 04:46 PM) I know, in the end thats the truth right ? Im im right, ill be laughing and many will regret doubting the company so much. If im wrong, you will be laughing , and everybody trolling that im a scammer, no ? Ya, to you and me, who is right, who is wrong doesn't matter. I don't earn anything from it. I only get entertainment and pass my free time for posting here. For you, you have earned your commission. Maybe a few thousand or tens of thousand a month ? I don't know. Apparently you care less about your reputation so that also doesn't matter. Sorry but I have been with 2 pioneer MLM companies, and I have proven both right 2 my clients and friends and Im hoping to see a 3rd Speaking of Genneva, I was never their agent as 1 of my uncle trades gold from the middle east, hence he told me is impossible for them to pay that rate based on ONLY gold appreciation rate. At the end, even if the company is a scam, it doesn't matter to both of us. Your money in the pocket already. And I got entertained already. Both of us happy. Whose money at stake ? Your client lor. They believed your words and "invest" in a blacklisted company. Their money matters. But who cares, right ? |
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Apr 23 2014, 05:43 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 23 2014, 05:41 PM) Ya, to you and me, who is right, who is wrong doesn't matter. I don't earn anything from it. I only get entertainment and pass my free time for posting here. For you, you have earned your commission. Maybe a few thousand or tens of thousand a month ? I don't know. Apparently you care less about your reputation so that also doesn't matter. Oh I care as I manage some of their other wealth in other investments, and many are my business partners for different ventures At the end, even if the company is a scam, it doesn't matter to both of us. Your money in the pocket already. And I got entertained already. Both of us happy. Whose money at stake ? Your client lor. They believed your words and "invest" in a blacklisted company. Their money matters. But who cares, right ? |
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Apr 23 2014, 05:49 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 23 2014, 05:43 PM) Oh I care as I manage some of their other wealth in other investments, and many are my business partners for different ventures Wow, then your reputation is at risk man. When Boss Venture get raided, your client will sure blame you. Even when at that time you clearly explain to them. Think clearly my friend of the consequences. Clients always forget what you told them when they lose money |
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Apr 23 2014, 05:50 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Apr 23 2014, 05:49 PM) Wow, then your reputation is at risk man. When Boss Venture get raided, your client will sure blame you. Even when at that time you clearly explain to them. Think clearly my friend of the consequences. Clients always forget what you told them when they lose money Thanks for the advice But Im sticking to what I chose for my reasons to believe it will still sustain currently. |
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Apr 23 2014, 06:01 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Apr 23 2014, 05:50 PM) Thanks for the advice If it will sustain, it should be a legitimate business. Then you should get the company to sue Bank Negara for tarnishing the good name of the company. Get the best lawyer. That should do the trick to BNM. If BNM still doesn't budge, make noise in newspaper and online, get all customers and agents to protest in front of bank negara, camp there and make a scene. Until Bank Negara take down the company's name in blacklist. But Im sticking to what I chose for my reasons to believe it will still sustain currently. Taking legal action is what a normal company will do. If the company give excuses and avoid legal actions, then it should have already rung a bell and raised a big red flag to you Ah....again I think I am wasting my time here. You are the agent and intend to continue earning the commission, so you will shut your mind off to any adverse comment about the company |
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Apr 24 2014, 06:21 PM
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Junior Member
18 posts Joined: Jan 2007
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QUOTE(Showtime747 @ Apr 23 2014, 06:01 PM) If it will sustain, it should be a legitimate business. Then you should get the company to sue Bank Negara for tarnishing the good name of the company. Get the best lawyer. That should do the trick to BNM. If BNM still doesn't budge, make noise in newspaper and online, get all customers and agents to protest in front of bank negara, camp there and make a scene. Until Bank Negara take down the company's name in blacklist. It is not easy to take action against BNM. In Geneva's case, hundreds of their agents and customers wanted to sue BNM, but no lawyer dare to take their case. The lawyers just told them, it would be a lost case. This being BNM is somewhat governed by the government and hence, how can someone sue the government within the country's constitution? I'm not attached to Geneva in anyway but I did know the internal news from both Geneva and BNM on this Geneva story. Taking legal action is what a normal company will do. If the company give excuses and avoid legal actions, then it should have already rung a bell and raised a big red flag to you Ah....again I think I am wasting my time here. You are the agent and intend to continue earning the commission, so you will shut your mind off to any adverse comment about the company In a nutshell, this is Malaysia. The grey area does exist here. This post has been edited by mansonloo: Apr 24 2014, 06:23 PM |
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Apr 24 2014, 07:08 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(mansonloo @ Apr 24 2014, 06:21 PM) It is not easy to take action against BNM. In Geneva's case, hundreds of their agents and customers wanted to sue BNM, but no lawyer dare to take their case. The lawyers just told them, it would be a lost case. This being BNM is somewhat governed by the government and hence, how can someone sue the government within the country's constitution? I'm not attached to Geneva in anyway but I did know the internal news from both Geneva and BNM on this Geneva story. The lawyers are absolutely correct. Those in the black list will lose the case even if they go to court. BNM won't simply put a legit company in the list. The fact that Boss Venture don't go the legal route is because "their body got shit". In a nutshell, this is Malaysia. The grey area does exist here. Those "BNM is government, cannot sue" are just excuses to con potential investors who are uneducated. Bank Negara warned the "investors" of Genneva and in the end people have been burnt in Genneva case. Now Bank Negara also warned "investors" of Boss Venture. Still no scared ? |
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Apr 25 2014, 12:20 AM
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Junior Member
18 posts Joined: Jan 2007
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QUOTE(Showtime747 @ Apr 24 2014, 07:08 PM) Bank Negara warned the "investors" of Genneva and in the end people have been burnt in Genneva case. Now Bank Negara also warned "investors" of Boss Venture. Still no scared ? Dont get me wrong, but I'm not defending neither Geneva nor BossVenture. I believed whichever company is under BNM's watchlist will definitely end up in either of these 2 scenarios; 1. The owners of the company, will pack up and abandon company once they have collected enough "funds", or 2. BNM will step up and close down the company, freezing all assets and what not. There have been many cases of the latter which the public are unaware of. Geneva made it into the headline only because it was too big and too many was involved, thus, the "need" to publish it as a major headliner news to appease the public. Anyway, I'll give it few more months before we hear about fate of BossVenture. Good luck to those involved in it! This post has been edited by mansonloo: Apr 25 2014, 12:21 AM |
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Apr 25 2014, 12:32 AM
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Junior Member
18 posts Joined: Jan 2007
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QUOTE(Showtime747 @ Apr 24 2014, 07:08 PM) Bank Negara warned the "investors" of Genneva and in the end people have been burnt in Genneva case. Now Bank Negara also warned "investors" of Boss Venture. Still no scared ? On a sidenote, I would like to add that BNM just added Geneva (M) Sdn Bhd to the watchlist, merely months (I believed it is somewhere between 3-5 months) prior to the raid. And BNM actually raided the same business, called Geneva Sdn Bhd, 3 years ago, on the basis of money laundering. Yes, that's 2 different company NAME but ran by the same management. Geneva (M) S/B started operation a few months after Geneva S/B was raided.That is exactly why the public were so angered about why BNM didn't do something about Geneva (M) S/B since 3 years ago. Surely BNM knows about its existence then. And the one you heard in the news about the court hearing, (1 month after Geneva (M) was raided), is actually Geneva S/B. The first one that was raided 3 years ago, not the recent one. Funny eh? |
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Apr 25 2014, 10:01 AM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(mansonloo @ Apr 25 2014, 12:32 AM) On a sidenote, I would like to add that BNM just added Geneva (M) Sdn Bhd to the watchlist, merely months (I believed it is somewhere between 3-5 months) prior to the raid. And BNM actually raided the same business, called Geneva Sdn Bhd, 3 years ago, on the basis of money laundering. Yes, that's 2 different company NAME but ran by the same management. Geneva (M) S/B started operation a few months after Geneva S/B was raided. Yes, funny to me too. That is exactly why the public were so angered about why BNM didn't do something about Geneva (M) S/B since 3 years ago. Surely BNM knows about its existence then. And the one you heard in the news about the court hearing, (1 month after Geneva (M) was raided), is actually Geneva S/B. The first one that was raided 3 years ago, not the recent one. Funny eh? But I guess those who loss money in Genneva didn't find it funny at all. And the BV customers will not find it funny too when BNM raid the company |
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Apr 25 2014, 01:38 PM
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Junior Member
18 posts Joined: Jan 2007
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QUOTE(Showtime747 @ Apr 25 2014, 10:01 AM) Yes, funny to me too. Yeah! LOL But I guess those who loss money in Genneva didn't find it funny at all. And the BV customers will not find it funny too when BNM raid the company The Bosses of BV will definitely pack up soon and cabut! I've checked their website, they claim to be a company from Samoa Island. But further checks on bossventure.com and bvmalls.com showed that both are registered under Mr. Richard Lim. I assumed he's a Malaysian but setup a company overseas so that he can transfer all the millions into the bank account there, where Malaysian government has no authority to freeze it! He's already made his getaway batmobile plan even before he started the business! Genius! |
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Apr 29 2014, 10:36 AM
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Junior Member
5 posts Joined: May 2013
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QUOTE(rymkk @ Jan 29 2014, 06:22 PM) I know this is too late to reply on the thread but I found this interesting. very well said .. I am a member I can validate this is accurate and correct, a lot of other misunderstand the company ... bravo rymkk The start up cost is RM825 or USD250 (250x 3.3). You are paying for the franchise fee to become the company Reseller Licensee not enrollment fee. How do you make money staying passive? From the USD250, USD100 is used to buy peek credits that will generate up to 1.5% daily payment known as Daily Sales Incentive. No sponsoring is necessary to earn from the business because of revenue sharing concept. The company allocates 20% of its global daily sales from peek credits and physical products from its e-Mall - BVMalls.Com to be shared by their resellers as Daily Sales Incentive. Now, if they can pay up to 1.5% daily from the 20% allocation, the global daily sales volume must be huge. What is peek credit? It is a discount value that can be used for shopping at the online mall. Why is it valuable? Because you cannot shop at the mall without buying peek credits. You use peek credits to buy things. Who says it is money game? Top up here means to buy peek credits so that your Daily Sales Incentive value will increase. Istead of getting USD1.50 daily, you will get more. The minimum top up is USD500 and max is USD10,000. Does get rich quick scheme have max amount? The USD30 top up is for a reseller to qualify for the earn 3% overriding incentives from their referrals Daily Sales Incentive earnings. Although the network marketing plan is based on binary system BUT they incorporate 5 x 5 matrix plan to prevent the build up of the so called pyramid system. That means you can only have a total of 3905 people in your network. And 5x5 matrix will give you a clear indication of your potential income. So, this is not a pyramid scheme. As for Cash Deal Sdn Bhd MSC status I don't think they misused the status at all because the company core activities as per MSC registration are Research, development and commercialization of Digital Neural Application (D.N.A) and e-Mall Solution. They helped developed BossVenture online mall BVMalls.Com, which is within their core activities. Will this be another Geneva, American Euro Index, Swiss Cash, Mirza? Well, for sure those mentioned above either does not have a license to take deposit from the public or not licensed to manage other people money. ONLY licensed commercial banks can take deposits from the public. And ONLY licensed investment company can invest people money. They need license from Bank Negara Malaysia and Security Commissions, which this case those companies DOES NOT have therefore deemed Get RICH Quick Scheme. That's WHY they are closed down! Ha ha ha.. |
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Apr 29 2014, 10:40 AM
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Junior Member
5 posts Joined: May 2013
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QUOTE(mansonloo @ Apr 25 2014, 12:32 AM) On a sidenote, I would like to add that BNM just added Geneva (M) Sdn Bhd to the watchlist, merely months (I believed it is somewhere between 3-5 months) prior to the raid. And BNM actually raided the same business, called Geneva Sdn Bhd, 3 years ago, on the basis of money laundering. Yes, that's 2 different company NAME but ran by the same management. Geneva (M) S/B started operation a few months after Geneva S/B was raided. mansonloo, can you explain about surewin4u which already been added and it had operating since 2011 and still alive and kicking... and got friend put in rm25k and got back rm75kThat is exactly why the public were so angered about why BNM didn't do something about Geneva (M) S/B since 3 years ago. Surely BNM knows about its existence then. And the one you heard in the news about the court hearing, (1 month after Geneva (M) was raided), is actually Geneva S/B. The first one that was raided 3 years ago, not the recent one. Funny eh? |
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Apr 29 2014, 11:00 AM
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Junior Member
5 posts Joined: May 2013
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QUOTE(Showtime747 @ Apr 23 2014, 06:01 PM) If it will sustain, it should be a legitimate business. Then you should get the company to sue Bank Negara for tarnishing the good name of the company. Get the best lawyer. That should do the trick to BNM. If BNM still doesn't budge, make noise in newspaper and online, get all customers and agents to protest in front of bank negara, camp there and make a scene. Until Bank Negara take down the company's name in blacklist. Please show understanding that in the BNM list doesnt mean blacklist ... it is saying as unlicensed activity which the company already clarify , this is not investment company .. so there is no license or will bossventure try to get license from bank negara.. no, this is an IT company which need no bank negara approval...Taking legal action is what a normal company will do. If the company give excuses and avoid legal actions, then it should have already rung a bell and raised a big red flag to you Ah....again I think I am wasting my time here. You are the agent and intend to continue earning the commission, so you will shut your mind off to any adverse comment about the company |
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Apr 29 2014, 11:03 AM
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Junior Member
5 posts Joined: May 2013
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QUOTE(mariokuat @ Apr 22 2014, 06:34 PM) here another try to make the company look bad.......i got boss venture company number DARE DARE CALL! 03-7722 3512 .if call one time cannot connect call several time because got 500,000 reseller nowadays calling them.so ask until u satisfy! I have tried buying items and 4 of the transactions gone through and I received all the items... note i have make early withdraw to test them is scam or not. For asking people for compounding 9 month that long period. so i dont follow their recommendation for compounding 9 month ...i just compounding 3 month I put dsi 100% i earn daily 3++ usd for one account.i got 4 account to withdraw all those bonus..and my account still not dead even expired? why because there is dsi value in there left amount compounding bigger than minus the expired dsi value. Total i have withdraw is 500++ because i withdraw early earn not big. i give an example for reality. real person experience from boss venture. Ya they do got problem when withdraw for me when put withdraw because technical issue. I tot they lying after 3 weeks they entered my account. After not end yet. I make another withdraw to test them my 5th withdraw also success. U sell stuff got main product de meh online? who knows? they sell everything from electrical appliances and so on....offline shoping mall sure sell more. because more convenient to people. they dont focus recruit. Is your choice if u want to build network or not. If u say they focus on recruit how i earn back part of my modal...i still in process earn back my modal.i just joined since last year 2013 dec 9...attactment below shows my withdrawment prove. if they are scam company what for they so free send me few amount for money....too leisure ha? I no recruit people also. I just open 4 account sleep at there. |
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Apr 29 2014, 11:14 AM
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Junior Member
5 posts Joined: May 2013
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QUOTE(chongfl @ Apr 29 2014, 11:03 AM) I have tried buying items and 4 of the transactions gone through and I received all the items... In the end, I think there is no point arguing about it , those with money willing to risk it can buy peek credit from bossventure, those can't just keep you mouth shut...watch the official video ... there are just too many negative energy in here to really make a good decision... |
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Apr 29 2014, 04:16 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(chongfl @ Apr 29 2014, 11:00 AM) Please show understanding that in the BNM list doesnt mean blacklist ... it is saying as unlicensed activity which the company already clarify , this is not investment company .. so there is no license or will bossventure try to get license from bank negara.. no, this is an IT company which need no bank negara approval... All i have to say is for those who wanted to part their money and give it to this company, before you do that, just give a telephone call to bank negara to enquire. The personnel will give their advice to you. Just a 2 minute telephone call may save you from regret in the future |
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Apr 29 2014, 10:24 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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Arguing will not affect the "up to 1.5%" performance even though it drop 0.87 on Sunday
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May 5 2014, 08:42 PM
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Junior Member
20 posts Joined: May 2014
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Instead of talking about Boss venture, why don't consider about Worldventures? although I don't really understand about "boss venture"
As i can see, Worldventures (US company) has more established base with at least 8 years of experience. And it's officially registered in malaysia this year. Ps:can pm for more information. |
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May 5 2014, 10:19 PM
Show posts by this member only | IPv6 | Post
#188
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Junior Member
389 posts Joined: Feb 2011 From: kedah...fucuk
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QUOTE(Jared.G @ May 5 2014, 08:42 PM) Instead of talking about Boss venture, why don't consider about Worldventures? although I don't really understand about "boss venture" HAHAHA seems like people gonna report this worldventures to BNN. As i can see, Worldventures (US company) has more established base with at least 8 years of experience. And it's officially registered in malaysia this year. Ps:can pm for more information. sooner later sure kena blacklist jor. see thread:https://forum.lowyat.net/topic/2793019 This post has been edited by TRAZE99: May 5 2014, 10:20 PM |
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May 5 2014, 10:48 PM
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Junior Member
20 posts Joined: May 2014
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QUOTE(TRAZE99 @ May 5 2014, 10:19 PM) HAHAHA seems like people gonna report this worldventures to BNN. Hahaha, by sooner. It might be never sooner later sure kena blacklist jor. see thread:https://forum.lowyat.net/topic/2793019 First of all, The topic u referring. He's talking about worldventures "haven't" registered in Malaysia YET. But now, 2014, worldventures is officially registered in malaysia. So, believe it or not. it's impossible to be blacklisted now Nice try anyway |
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May 5 2014, 10:56 PM
Show posts by this member only | IPv6 | Post
#190
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Junior Member
389 posts Joined: Feb 2011 From: kedah...fucuk
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QUOTE(Jared.G @ May 5 2014, 10:48 PM) Hahaha, by sooner. It might be never even registered....if BNN want screw the company......what can u do.... First of all, The topic u referring. He's talking about worldventures "haven't" registered in Malaysia YET. But now, 2014, worldventures is officially registered in malaysia. So, believe it or not. it's impossible to be blacklisted now Nice try anyway now BNN love to target those MLM scheme.i think it will kena soon..god know when. i am not buthurt but i do like to see scene like genneva. i saw you like a brainwashed dude by the company. and prove to urs it is registered.show the prove."action speak louder then words" see people bad review:http://niketalk.com/t/573314/my-boy-got-caught-up-in-a-world-ventures-scam/90 news been closed down in norway:http://www.businessforhome.org/2014/02/worldventures-closed-down-in-norway-as-pyramid-game/ This post has been edited by TRAZE99: May 5 2014, 11:12 PM |
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May 5 2014, 11:45 PM
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Senior Member
1,721 posts Joined: Oct 2009
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World Venture is as legal as it goes as a MLM company, no doubt the whole payout if you read the PDF is genuine, the only problem like any other MLM company is their unethical leaders over promising and falsifying information.
As for Boss Venture, its up on BNM "Alert List" due to the same group of unethical people are promoting it as "Investment" Obviously if you do not have the license to do so, you will catch the attention of the authorities. Hence currently Boss Venture is suspending the accounts found linked to these false information spread. Inside news update is they gotten 3 ministers from BNM to sign that this is a genuine business, however is still in the Alert List due to "Investment" is still being spread openly. Cheers ~ |
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May 5 2014, 11:51 PM
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Junior Member
20 posts Joined: May 2014
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QUOTE(TRAZE99 @ May 5 2014, 10:56 PM) even registered....if BNN want screw the company......what can u do.... Well, I'd like to.But too bad i don't have the company certificate as it's belong to company, am i right? now BNN love to target those MLM scheme.i think it will kena soon..god know when. i am not buthurt but i do like to see scene like genneva. i saw you like a brainwashed dude by the company. and prove to urs it is registered.show the prove."action speak louder then words" see people bad review:http://niketalk.com/t/573314/my-boy-got-caught-up-in-a-world-ventures-scam/90 news been closed down in norway:http://www.businessforhome.org/2014/02/worldventures-closed-down-in-norway-as-pyramid-game/ As on proving, can you prove your admirably company is registered and it's legal?? Now you see, i can accuse anything or any of the statement including website, review, or some prove can be fake, since it's internet. Everything is possible. And comes to the review part, there's sure people talking bad about some particular company. For instance, let's take your Genneva as example, http://1-million-dollar-blog.com/genneva-g...scam-explained/ http://www.investlah.com/forum/index.php?topic=48522.0 |
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May 6 2014, 12:22 AM
Show posts by this member only | IPv6 | Post
#193
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Junior Member
389 posts Joined: Feb 2011 From: kedah...fucuk
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QUOTE(Jared.G @ May 5 2014, 11:51 PM) Well, I'd like to.But too bad i don't have the company certificate as it's belong to company, am i right? sorry bro i don't invest in any of this kind of MLM Pyramid scheme... As on proving, can you prove your admirably company is registered and it's legal?? Now you see, i can accuse anything or any of the statement including website, review, or some prove can be fake, since it's internet. Everything is possible. And comes to the review part, there's sure people talking bad about some particular company. For instance, let's take your Genneva as example, http://1-million-dollar-blog.com/genneva-g...scam-explained/ http://www.investlah.com/forum/index.php?topic=48522.0 most MLM scheme only profits for those that are early bird.....but the those that come in late all ends up in buthurt. when the flows of money stop,so does the company. can't provide registered prove....sounds fishy...same as many MLM scheme in Malaysia say they gonna register soon,already registered....but when call them gv prove all diam diam gv many excuses.call the company send the photocopy then show here. as for the internet review...yes it have good and bad review.but when type Wv in google.....first thing seen in the screen is the word "SCAM" not 1 or 2 appears but appears in many website ....WHATS THE FIRST IMPRESSION COME OUT OF THE COMPANY U KNOW LA. i am using genneva as example...so nonid bash at there!!. all bash people like us end in buthurt. i am guessing u are a member of the WV.thats why u are furiously defend it. This post has been edited by TRAZE99: May 6 2014, 12:38 AM |
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May 9 2014, 07:17 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(Azurika @ May 5 2014, 11:45 PM) As for Boss Venture, its up on BNM "Alert List" due to the same group of unethical people are promoting it as "Investment" Obviously if you do not have the license to do so, you will catch the attention of the authorities. Hence currently Boss Venture is suspending the accounts found linked to these false information spread. Inside news update is they gotten 3 ministers from BNM to sign that this is a genuine business, however is still in the Alert List due to "Investment" is still being spread openly. Cheers ~ |
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May 9 2014, 10:02 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bizer886 @ May 9 2014, 07:17 PM) can u give me link for that info azurika? i need to know about that clearly It is not posted on internet, but you can see the doc in Oval tower, Richard has access to it. |
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May 9 2014, 11:02 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ May 9 2014, 10:02 PM) It is not posted on internet, but you can see the doc in Oval tower, Richard has access to it. Genneva has Mahathir, previous Agong and big mama's endorsement also If not wrong, they even have Pahang princess who sit on Genneva's board of director This post has been edited by Showtime747: May 9 2014, 11:03 PM |
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May 10 2014, 01:46 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ May 9 2014, 11:02 PM) Genneva has Mahathir, previous Agong and big mama's endorsement also Very true bro If not wrong, they even have Pahang princess who sit on Genneva's board of director Im just sharing the info we have |
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May 10 2014, 09:47 AM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(Azurika @ May 9 2014, 10:02 PM) It is not posted on internet, but you can see the doc in Oval tower, Richard has access to it. ok thx for the info...till now ihbe nomtime to go there..always bz someday i will go to see |
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May 15 2014, 04:52 PM
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Junior Member
193 posts Joined: Apr 2006 From: Sabah
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QUOTE(Showtime747 @ Apr 29 2014, 04:16 PM) All i have to say is for those who wanted to part their money and give it to this company, before you do that, just give a telephone call to bank negara to enquire. The personnel will give their advice to you. Just a 2 minute telephone call may save you from regret in the future Yes, Just make a call to BNM to get the advise b4 u really joint the BossVenture!Bcus its depends on the action from BNM in the end, if BossVenture get backlisted soon; then everything will be gone. So, beware!... |
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May 15 2014, 04:55 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(lexu2005 @ May 15 2014, 04:52 PM) Yes, Just make a call to BNM to get the advise b4 u really joint the BossVenture! Somehow aunties are still flooding my phone despite being told it is on BNM alert list Bcus its depends on the action from BNM in the end, if BossVenture get backlisted soon; then everything will be gone. So, beware!... Especially in Taiping and PG |
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May 16 2014, 06:50 AM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(lexu2005 @ May 15 2014, 04:52 PM) Yes, Just make a call to BNM to get the advise b4 u really joint the BossVenture! Boss Venture is already in the blacklist. It is still waiting for BNM to take action. BNM hopes that with the blacklist warning, those who have already invested can withdraw their capital. Just like Genneva case, if BNM takes action, the company's assets will be freezed. And it takes years to settle the case and usually nothing is left for the poor people who put money inBcus its depends on the action from BNM in the end, if BossVenture get backlisted soon; then everything will be gone. So, beware!... |
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May 16 2014, 09:29 AM
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Senior Member
1,721 posts Joined: Oct 2009
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Seriously, are you sure its blacklist or alert list ?
Last I check it was "Alert" List. But yeah, 1 can argue its the same, no ? And btw, you are not able to withdraw your capital currently |
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May 16 2014, 02:30 PM
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Junior Member
124 posts Joined: Jan 2007
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http://www.bvmalls.com/ is down ...woohoo
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May 16 2014, 02:32 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ May 16 2014, 09:29 AM) Seriously, are you sure its blacklist or alert list ? You can call it whitelist, orangelist, redlist, greenlist or whatever list. It doesn't sound good when you are in Bank Negara list Last I check it was "Alert" List. But yeah, 1 can argue its the same, no ? And btw, you are not able to withdraw your capital currently Can't withdraw capital anymore ? That sounds like the end is coming. Genneva has the same symptom towards the end |
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May 16 2014, 07:24 PM
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Junior Member
198 posts Joined: Nov 2011
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their money they like lo... many of them including my father, aunty gained from it already
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May 16 2014, 07:27 PM
Show posts by this member only | IPv6 | Post
#206
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Junior Member
389 posts Joined: Feb 2011 From: kedah...fucuk
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QUOTE(silkysilk @ May 16 2014, 07:24 PM) their money they like lo... many of them including my father, aunty gained from it already hahaha.....why BNM no take action yet....still waiting for the company wind up....then we open thread like genneva from version I,II,III...bash and bash and bash. |
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May 22 2014, 09:36 AM
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Junior Member
180 posts Joined: Jan 2008
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hai, i am a passive BV, joined since aug last year, always help me when im in a need for money, no issue until now actually, and im not promoting also, just like a place to save my money other than bank
and btw this is BVMALL login page http://bossventure.com/bo/System/Security/HYLogin.aspx This post has been edited by riesjx: May 22 2014, 09:37 AM |
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May 22 2014, 09:55 AM
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Junior Member
189 posts Joined: Mar 2009
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how much do I have to pay to join? then just wait for passive money every month?
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May 22 2014, 10:10 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ May 22 2014, 09:55 AM) how much do I have to pay to join? then just wait for passive money every month? RM825 start up may top up RM99 straight. |
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May 22 2014, 10:20 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(Azurika @ May 22 2014, 10:10 AM) RM825 start up may top up RM99 straight. wah..so how is the returns? every month get how many? guaranteed? |
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May 22 2014, 10:29 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ May 22 2014, 10:20 AM) wah..so how is the returns? every month get how many? guaranteed? This is not an investment, and there is no guaranteed returns.It has been paying off 1.5% since it has been formed, droped abit 2 weeks back due to server overloaded, the mall had problems with transactions which hurt the profits, but is not back to 1.5%. For my initial buy in, I have already made more then 5x cashed out, not including referral fees But my buy in was RM33k thou. The scaling is slightly different. But I will not recommend following me unless you have 100k in your bank balance first. |
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May 22 2014, 10:47 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(Azurika @ May 22 2014, 10:29 AM) This is not an investment, and there is no guaranteed returns. so for RM33k, you're getting 1.5% per month. thats RM495..how many ringgit have you cashed out? how many years to break even? T_TIt has been paying off 1.5% since it has been formed, droped abit 2 weeks back due to server overloaded, the mall had problems with transactions which hurt the profits, but is not back to 1.5%. For my initial buy in, I have already made more then 5x cashed out, not including referral fees But my buy in was RM33k thou. The scaling is slightly different. But I will not recommend following me unless you have 100k in your bank balance first. |
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May 22 2014, 11:05 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ May 22 2014, 10:47 AM) so for RM33k, you're getting 1.5% per month. thats RM495..how many ringgit have you cashed out? how many years to break even? T_T Sorry, its 1.5% per day, not per month, thats why is soo attractive and is too good to be true. I will not blame the people who are skeptical about this as I treat it as a high risk return when I put in my cash. I broke even within weeks.If its 1.5% per month, I will not bother as my investments give me ranging from .8-20% monthly But note all are non guaranteed.This post has been edited by Azurika: May 22 2014, 11:09 AM |
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May 22 2014, 11:10 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(Azurika @ May 22 2014, 11:05 AM) Sorry, its 1.5% per day, not per month, thats why is soo attractive and is too good to be true. I will not blame the people who are skeptical about this as I treat it as a high risk return when I put in my cash. I broke even within weeks. WTF. seriously? is that even possible? sorry I haven't research much about this boss ventures, just read it here but mind telling what is the business really? how they can make such profit? @_@ won't the company go broke if this going on after the client gotten their money back, and have to keep giving 1.5%. its like they are paying to Ah Long lol. Sorry but please enlighten me, really interested if its true.If its 1.5% per month, I will not bother as my investments give me ranging from 5-20% monthly But note all are non guaranteed. |
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May 22 2014, 11:17 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ May 22 2014, 11:10 AM) WTF. seriously? is that even possible? sorry I haven't research much about this boss ventures, just read it here but mind telling what is the business really? how they can make such profit? @_@ won't the company go broke if this going on after the client gotten their money back, and have to keep giving 1.5%. its like they are paying to Ah Long lol. Sorry but please enlighten me, really interested if its true. Majority of the business model has been explained by me on my previous post, and you may refer to the critics from other forums also Basically they are sustaining based on 2 incomes, an online mall which sells items and a referral programme. I would think currently the referral side is generating the bulk of the income as the server is slow for people to upload their products on the mall. My guy is taking 2 weeks to upload his bag collection. Im not pleased with this myself, have personally met with Richard on this issue, but will require time. At the end of the day, the stakes are high, risk are high too. If you think you can lose the RM825, then its a worth shot, but if you require that RM825 for emergency funds or other fundings, I will not advice you on this. |
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May 24 2014, 10:39 AM
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Newbie
3 posts Joined: Sep 2007
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So how long can this company still tahan? End of the year? Yr 2015?
My friend is joining this company as merchant, and she said she haven't got her payment yet .... Her up line said the payment for merchant will takes up to 3 months .. my concern is will this company actually can tahan for another 3 month ? |
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May 25 2014, 08:14 PM
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Senior Member
707 posts Joined: Feb 2010
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QUOTE(colourfullife @ Dec 28 2013, 05:50 PM) BossVenture is a business based on e-commerce platform.To put it in simple, this affiliate program is run through promoting/marketing products through the internet. You earn commission when someone buy product through you unique affiliate link. Bnm said ok?Having said that, it's actually a MLM because is channel incentive to all the Licensee Re-seller if a sales is closed. Even though the company that runs and monitor BossVenture.com (Cash Deal Sdn Bhd) is register under Suruhanjaya Syarikat Malaysia (SSM) and acquired certification from MDeC as a MSC status company, and used BILL OF GUARANTEES. Under ' BILL OF GUARANTEES , the government will not implement INTERNET CENSORSHIP. So any company under the status MSC is allowed to accept, process, and send data without any disturbance. Bill of Guarantee No. 4: To give the freedom to source capital globally for MSC Malaysia infrastructure, and the right to borrow funds globally Interpretation 1)Flexibility to Source Capital and Funds Globally. Under this BoG, MSC Malaysia Status companies are free to source capital globally, unless otherwise stated in the Anti-Money Laundering and Anti-Terrorism Financing Act 2001, or from residents, authorities, agencies or entities of countries specified in the Exchange Control Act 1953. 2)Non-residents investing in MSC Malaysia Status companies are free to repatriate any amount of capital, divestment proceeds, profits and dividends arising from their investments. 3)MSC Malaysia Status companies are free to remit funds abroad, which are made in foreign currency and transacted through licensed onshore banks. 4)MSC Malaysia Status companies are also free to borrow from resident and nonresident lenders in Ringgit and in any foreign currency4 to finance their business operations. 5)MSC Malaysia Status companies can borrow in Ringgit: Any amount from licensed onshore banks and other residents. Any amount from their non-resident non-bank parent companies for purpose of financing activities in the real sector in Malaysia. Up to RM1 million in aggregate from other non-resident non-bank companies or non-resident individuals for use in Malaysia. This mean, any company with MSC status is actually and supposed to developed infrastructure and technology under the law of BoG. Instead, BossVenture.com (Cash Deal Sdn Bhd) had misconducted BoG to run a business under MLM scheme. Hope this made it clear for you. |
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May 26 2014, 09:26 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(elyzia @ May 24 2014, 10:39 AM) So how long can this company still tahan? End of the year? Yr 2015? No surprise there. It takes me 2 weeks to upload new stock as a merchant. 3 months I no scared, Im scared if it does not last 3 years My friend is joining this company as merchant, and she said she haven't got her payment yet .... Her up line said the payment for merchant will takes up to 3 months .. my concern is will this company actually can tahan for another 3 month ?  QUOTE(saigetsu @ May 25 2014, 08:14 PM) Bnm said ok? No official records that its off the watch list as long as there are people promoting it as "Investment" |
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May 26 2014, 11:31 AM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield
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as usual as long as they still pay people will still join, my colleague invited me and told me she is aware of it collapsing but hope to gain before it happens.
Till then.... |
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May 26 2014, 12:19 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bearbear @ May 26 2014, 11:31 AM) as usual as long as they still pay people will still join, my colleague invited me and told me she is aware of it collapsing but hope to gain before it happens. Because RM800 is a risk that most are able to afford without going into much financial issues Till then.... |
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May 26 2014, 12:21 PM
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All Stars
10,061 posts Joined: Dec 2004 From: Sheffield
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QUOTE(Azurika @ May 26 2014, 12:19 PM) Because RM800 is a risk that most are able to afford without going into much financial issues nop...her family go all in mode as what she told me |
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May 26 2014, 12:23 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(bearbear @ May 26 2014, 12:21 PM) nop...her family go all in mode as what she told me Lolx, like that either her upline over promise her, or she wants to risk it all for 1 chance or nothing. Her upline will be very happy Is not uncommon, I met factory workers who tell me they want to take bank loan RM30k to buy in USD10k account. I told them to fly kite, put in RM1k and top up monthly instead. |
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May 26 2014, 12:28 PM
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Newbie
3 posts Joined: Sep 2007
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I'll dump my money in if I know it years ago .. But now meh I'm afraid I bcome the 14th floor ~
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May 26 2014, 01:40 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(elyzia @ May 26 2014, 12:28 PM) I'll dump my money in if I know it years ago .. But now meh I'm afraid I bcome the 14th floor ~ correction, 18 months |
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May 26 2014, 02:45 PM
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Senior Member
619 posts Joined: Jul 2009
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actually its very simple .. if u re early bird then u will earn , if you are not , the risk is simply too high ..
for now i feel its a little too late.. maybe last year 4th quarter then u can consider.. |
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May 29 2014, 02:18 PM
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Senior Member
1,614 posts Joined: Apr 2010
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joined end of last month. been doing the active income now with the help of my dad.
my dad is withdrawing RM7000+ weekly. pic is mine.  |
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May 30 2014, 01:51 PM
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Junior Member
9 posts Joined: May 2014
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QUOTE(xHj09 @ May 29 2014, 02:18 PM) joined end of last month. been doing the active income now with the help of my dad.
my dad is withdrawing RM7000+ weekly. pic is mine. http://i.imgur.com/Uh3EKkE.png Don't lie pls.. You are withdrawing more than the interest rate even with a maximum buy in of 10kusd. |
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May 30 2014, 03:45 PM
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Senior Member
1,614 posts Joined: Apr 2010
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QUOTE(jackysew @ May 30 2014, 01:51 PM) Don't lie pls.. You are withdrawing more than the interest rate even with a maximum buy in of 10kusd. haha. you think i lie then i lie lo and it's 5 levels max. 10k BVP x 1.5% x 3% x 70% = 3.15 1.5% DSI, 3% from DSI I take, 70% enter e-wallet.today is 9.00 already! hopefully next month will be 10+ daily. then my monthly allowance nearly 1k |
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May 30 2014, 04:46 PM
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Junior Member
9 posts Joined: May 2014
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QUOTE(xHj09 @ May 30 2014, 03:45 PM) haha. you think i lie then i lie lo Okay, that is interesting. I do admit I am a passive user in Bossventure, hence I only play the passive style of the 1.5% interest daily. and it's 5 levels max. 10k BVP x 1.5% x 3% x 70% = 3.15 1.5% DSI, 3% from DSI I take, 70% enter e-wallet.today is 9.00 already! hopefully next month will be 10+ daily. then my monthly allowance nearly 1k Anyway, may I know what do u mean by the 3% DSI I take and 70% enter e-wallet? Where does this 70% come from? This post has been edited by jackysew: May 30 2014, 04:46 PM |
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May 30 2014, 08:34 PM
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Senior Member
1,614 posts Joined: Apr 2010
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QUOTE(jackysew @ May 30 2014, 04:46 PM) Okay, that is interesting. I do admit I am a passive user in Bossventure, hence I only play the passive style of the 1.5% interest daily. Let's say I sponsor you and you bought 1k BVP. your DSI would be 15 daily, provided if it's 1.5% (not guaranteed, you should know that). I'll earn 3% from your 15 = 0.45. 70% will enter e-wallet (for withdrawal). remaining to PP wallet Anyway, may I know what do u mean by the 3% DSI I take and 70% enter e-wallet? Where does this 70% come from? |
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Jun 2 2014, 08:08 AM
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Junior Member
9 posts Joined: May 2014
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QUOTE(xHj09 @ May 30 2014, 08:34 PM) Let's say I sponsor you and you bought 1k BVP. your DSI would be 15 daily, provided if it's 1.5% (not guaranteed, you should know that). I'll earn 3% from your 15 = 0.45. 70% will enter e-wallet (for withdrawal). remaining to PP wallet I see I see, now I know. Thanks so much for the information. It is much appreciated. This post has been edited by jackysew: Jun 2 2014, 08:08 AM |
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Jun 9 2014, 05:33 PM
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Senior Member
4,300 posts Joined: Sep 2006 From: Your girlfriend's bed
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won't last long people. typical of any "online investment"
you will be joining an evil scheme that victimises the lower level of the pyramid. |
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Jun 15 2014, 07:03 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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its a maybe .. 2011 untill now still no prob erm ..my opinion is ... (its sound like rasis) but the truth is ... when the era where the many malay join this program .. then pumpang sane pumpang cini.. then baru masuk bnm .. the truth again is .. malay canot see their race maju....huuu
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Jun 17 2014, 05:01 PM
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Junior Member
189 posts Joined: Mar 2009
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can anyone from BV let me know where do they get the money to pay 1.5% everyday? Ive read that its from sales from their malls, which I think is impossible because they have like 150 items only which most likely could not be sold let alone in large quantities everyday?
are they doing some kind of investment with the money? if so can i know where do they invest it? kind of shady to me at the moment. thanks. |
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Jun 17 2014, 07:56 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(chrommed @ Jun 17 2014, 05:01 PM) can anyone from BV let me know where do they get the money to pay 1.5% everyday? Ive read that its from sales from their malls, which I think is impossible because they have like 150 items only which most likely could not be sold let alone in large quantities everyday? from new registration and peek crdit purchase and mallsare they doing some kind of investment with the money? if so can i know where do they invest it? kind of shady to me at the moment. thanks. This post has been edited by bizer886: Jun 17 2014, 07:57 PM |
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Jun 17 2014, 10:13 PM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(bizer886 @ Jun 17 2014, 07:56 PM) from new registration and peek crdit purchase and malls so they take new registration money and give it out from there? what happen when there are no more new registration? malls I assume are the BVMalls..which have like 152 items..correct? can u explain more of this peek credit system? any other source of income that I missed? |
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Jun 17 2014, 10:17 PM
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Junior Member
9 posts Joined: May 2014
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QUOTE(bizer886 @ Jun 17 2014, 07:56 PM) from new registration and peek crdit purchase and malls It is a short and accurate answer. He pretty much explain everything. Anything besides this you can think yourself. What happen, how and why. |
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Jun 18 2014, 08:22 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(jackysew @ Jun 17 2014, 10:17 PM) It is a short and accurate answer. He pretty much explain everything. Anything besides this you can think yourself. Guess you are not from BV. Need some inside view on how they think the profits are generated. I just need a second opinion because my uncle asked me to join, and he says can just sit and wait for money. What happen, how and why. Googled around and I am still confuse how they can pay all that cash without fail up until today. |
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Jun 19 2014, 12:00 AM
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All Stars
14,990 posts Joined: Jan 2003
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QUOTE(Azurika @ May 22 2014, 11:05 AM) Sorry, its 1.5% per day, not per month, thats why is soo attractive and is too good to be true. I will not blame the people who are skeptical about this as I treat it as a high risk return when I put in my cash. I broke even within weeks. Okay so how many percent have you taken out?If its 1.5% per month, I will not bother as my investments give me ranging from .8-20% monthly But note all are non guaranteed. |
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Jun 19 2014, 12:01 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(wodenus @ Jun 19 2014, 12:00 AM) Okay so how many percent have you taken out? From the passive part or active ?My referal contributed quite a big some to my earnings, and I have taken out enough from my passive to cover my cost as I have been around for some time. |
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Jun 19 2014, 12:03 AM
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All Stars
14,990 posts Joined: Jan 2003
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QUOTE(Azurika @ Jun 19 2014, 12:01 AM) From the passive part or active ? Passive part.. how many percent over your capital have you taken out?My referal contributed quite a big some to my earnings, and I have taken out enough from my passive to cover my cost as I have been around for some time. |
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Jun 19 2014, 12:22 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(wodenus @ Jun 19 2014, 12:03 AM) Passive part.. how many percent over your capital have you taken out? Depends on how you see it.I personally have 3 accounts, my 10k account is set to withdraw full 1 week for every month My 2 other smaller accounts is set constantly 50% withdraw. I didnt actually count the numbers, but being with them for a year gives me a profit of about 120% after all deduction on paper If you are a new account of 6 months or less following my method, you will be losing money Unless you have a 10k account. |
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Jun 19 2014, 12:28 AM
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All Stars
14,990 posts Joined: Jan 2003
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QUOTE(Azurika @ Jun 19 2014, 12:22 AM) Depends on how you see it. LOL.. but don't you feel sorry for the ones holding the bag when it dies though I personally have 3 accounts, my 10k account is set to withdraw full 1 week for every month My 2 other smaller accounts is set constantly 50% withdraw. I didnt actually count the numbers, but being with them for a year gives me a profit of about 120% after all deduction on paper If you are a new account of 6 months or less following my method, you will be losing money Unless you have a 10k account. |
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Jun 19 2014, 12:42 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(wodenus @ Jun 19 2014, 12:28 AM) LOL.. but don't you feel sorry for the ones holding the bag when it dies though If it dies, yeah I feel bad.But I have warn everybody on the risk involve, and is not like I tell give them all the fruity news only. I have a reputation to keep with many of my clients and partners, and I wont tarnish it because of such small sum of cash. They understand the risk, they understand its under BNM alert list, and they cash in if they feel comfortable |
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 Jun 19 2014, 02:50 AM
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Newbie
3 posts Joined: Jun 2014
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QUOTE(Azurika @ Jun 19 2014, 12:42 AM) If it dies, yeah I feel bad. hi Azurika, did u get my message ? But I have warn everybody on the risk involve, and is not like I tell give them all the fruity news only. I have a reputation to keep with many of my clients and partners, and I wont tarnish it because of such small sum of cash. They understand the risk, they understand its under BNM alert list, and they cash in if they feel comfortable  |
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Jun 19 2014, 08:39 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(Azurika @ Jun 19 2014, 12:42 AM) If it dies, yeah I feel bad. fair enough. so this is like who join last will lose. this business is for sure will close some day, but if you're able to invest and make profit before it closes, you're good. as I said, my uncle asked me to join. but after i've read the explanations here, the risk is too high for me. unless i have abundance of cash, i wont mind. like u said, high returns come with high risk. i'll stick with unit trust for now. But I have warn everybody on the risk involve, and is not like I tell give them all the fruity news only. I have a reputation to keep with many of my clients and partners, and I wont tarnish it because of such small sum of cash. They understand the risk, they understand its under BNM alert list, and they cash in if they feel comfortable Thanks! |
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Jun 19 2014, 09:16 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ Jun 19 2014, 08:39 AM) fair enough. so this is like who join last will lose. this business is for sure will close some day, but if you're able to invest and make profit before it closes, you're good. as I said, my uncle asked me to join. but after i've read the explanations here, the risk is too high for me. unless i have abundance of cash, i wont mind. like u said, high returns come with high risk. i'll stick with unit trust for now. Well, if you want to say it as who join last who lose, I think this goes with all MLM companies, no ? Even legal ones Thanks! Im involve in several other MLM companies, being a pinior definitely have it perks , but risk at the start. |
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Jun 19 2014, 09:18 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(Azurika @ Jun 19 2014, 09:16 AM) Well, if you want to say it as who join last who lose, I think this goes with all MLM companies, no ? Even legal ones True, it applies to all MLM companies IMO. I'll keep a lookout if theres something similar like this in near future..maybe i can be the early bird this time. Im involve in several other MLM companies, being a pinior definitely have it perks , but risk at the start. |
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Jun 19 2014, 09:28 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ Jun 19 2014, 09:18 AM) True, it applies to all MLM companies IMO. I'll keep a lookout if theres something similar like this in near future..maybe i can be the early bird this time. Fact of truth, all MLM companies starts being very shady, it just your own call if you take that opportunity or not. Give you an example, Kenshido started out like everybody else, even made it to the list of top 10 scams in the MLM industry, type Kenshido into your google, you will only see the scam post coming out. But look where are they now ? Look at their business model and how legit they are. It was hard those days as i borrowed RM2k to join, but I glad I made that rash decision Remember this, doesnt mean that a legit business, have responsible and ethical members. |
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Jun 19 2014, 11:00 AM
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All Stars
14,990 posts Joined: Jan 2003
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QUOTE(Azurika @ Jun 19 2014, 09:28 AM) Fact of truth, all MLM companies starts being very shady, it just your own call if you take that opportunity or not. MLM is different, they aren't ponzi schemes that guarantee (or even imply) any sort of passive return. The business model is based on selling overpriced products and passing on the excess markup to the downline. It's passive income but it comes from the downline who are working to pay you. Give you an example, Kenshido started out like everybody else, even made it to the list of top 10 scams in the MLM industry, type Kenshido into your google, you will only see the scam post coming out. But look where are they now ? Look at their business model and how legit they are. It was hard those days as i borrowed RM2k to join, but I glad I made that rash decision Remember this, doesnt mean that a legit business, have responsible and ethical members. Ponzi schemes pay you even if you are doing nothing, no one has any idea what they are doing but they somehow can manage to pay out like 1% a day or whatever the rate is |
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Jun 19 2014, 11:42 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(wodenus @ Jun 19 2014, 11:00 AM) MLM is different, they aren't ponzi schemes that guarantee (or even imply) any sort of passive return. The business model is based on selling overpriced products and passing on the excess markup to the downline. It's passive income but it comes from the downline who are working to pay you. Actually we know what they are doing, how they are generating the 1%, and Id also understand how they were previously overpaying Ponzi schemes pay you even if you are doing nothing, no one has any idea what they are doing but they somehow can manage to pay out like 1% a day or whatever the rate is Its just nobody bothers to listen/understand it and are keeping a direct deaf ear pointing it to a ponzi scheme with impossible payouts Trust me, if everybody pulls out 1.5% daily, thats bloody overpay, and we all know that. Which was why few weeks back it drop to 0.87%. I have discuss this with Richard right after that on this issue and we came out with a way to tackle this problem which will be implemented in July. To those already in it, stay tune ! |
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Jun 19 2014, 01:19 PM
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Newbie
3 posts Joined: Jun 2014
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Trust me, if everybody pulls out 1.5% daily, thats bloody overpay, and we all know that. Which was why few weeks back it drop to 0.87%. I have discuss this with Richard right after that on this issue and we came out with a way to tackle this problem which will be implemented in July.
To those already in it, stay tune ! i'm glad to hear that's a solution for this situation, but i hv heard also there are some bv's senior leaders will try to pull out as much as they can for the following months... Some of them even supporting other company which has a similar system as bv has now ! So, i'm wondering that would bv's backup plan will really works towards the problem efficiently ? Any negative effect on passive reseller ? |
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Jun 21 2014, 08:05 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(chrommed @ Jun 17 2014, 10:13 PM) so they take new registration money and give it out from there? what happen when there are no more new registration? if no more new reg , so it will depend on malls and peek purchase.. if no more on those 2 .. so no more incentive taht y company give UP TO 1.5& not a guarantee u can get that..malls I assume are the BVMalls..which have like 152 items..correct? can u explain more of this peek credit system? any other source of income that I missed? |
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Jun 21 2014, 09:35 PM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(bizer886 @ Jun 21 2014, 08:05 PM) if no more new reg , so it will depend on malls and peek purchase.. if no more on those 2 .. so no more incentive taht y company give UP TO 1.5& not a guarantee u can get that.. I've done some fair research and concludes that its a ponzi. the items are overpriced and will no way support the payment incentives. can safely says 90% of the incentive comes from new registrations. |
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Jun 22 2014, 01:44 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(chrommed @ Jun 21 2014, 09:35 PM) I've done some fair research and concludes that its a ponzi. the items are overpriced and will no way support the payment incentives. can safely says 90% of the incentive comes from new registrations. FYI as i say other than mall is new reg and peek credit purchased ....that peek credit purchased is not like ...1usd ....atleast 30usd a mont h, or minimum 500 usd .. so with 200k ppl join .. every day some of then will topup ..every day ...and with new policies for sellback there will be huge credit purchased every day |
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Jun 22 2014, 02:31 PM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(bizer886 @ Jun 22 2014, 01:44 PM) FYI as i say other than mall is new reg and peek credit purchased ....that peek credit purchased is not like ...1usd ....atleast 30usd a mont h, or minimum 500 usd .. so with 200k ppl join .. every day some of then will topup ..every day ...and with new policies for sellback there will be huge credit purchased every day can you give an example of a peek credit item sold in the mall? i never saw one, but from my research people says that it is overpriced, plus recently u cant withdraw peek credits anymore, so all u can do is just shop in the mall. is that true?not that i wanted to join, but since ur here why not explain a bit more right? maybe other people will be interested. |
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Jun 22 2014, 03:16 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(chrommed @ Jun 22 2014, 02:31 PM) can you give an example of a peek credit item sold in the mall? i never saw one, but from my research people says that it is overpriced, plus recently u cant withdraw peek credits anymore, so all u can do is just shop in the mall. is that true? peek credit is ... a value ..like a mobile prepaid card .... u have the credit .. u know the credit but u cant hold tht like a thing...so thee peek is like that .. used for get more chance to get more discount on mall items, its not 'cannot withdraw ' just it can be withdraw with condition start this 1 july..b4 .. we can set 20% of the dsi(dsi =incentive that comp give UPTO 1.5 x peek crdit that u have) for example .. your dsi today is 20 usd ..so 20% of 20 usd will be transfer to wallet...every tady, but taht is b4 this ...after 1 july u can withdraw all (not 20%) but in selected day with company anooucement on how mny day u can sellback a week not that i wanted to join, but since ur here why not explain a bit more right? maybe other people will be interested. |
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Jun 23 2014, 03:18 PM
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Junior Member
9 posts Joined: May 2014
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QUOTE(bizer886 @ Jun 22 2014, 03:16 PM) peek credit is ... a value ..like a mobile prepaid card .... u have the credit .. u know the credit but u cant hold tht like a thing...so thee peek is like that .. used for get more chance to get more discount on mall items, its not 'cannot withdraw ' just it can be withdraw with condition start this 1 july..b4 .. we can set 20% of the dsi(dsi =incentive that comp give UPTO 1.5 x peek crdit that u have) for example .. your dsi today is 20 usd ..so 20% of 20 usd will be transfer to wallet...every tady, but taht is b4 this ...after 1 july u can withdraw all (not 20%) but in selected day with company anooucement on how mny day u can sellback a week What do you mean by you can withdraw all (not 20%)? Do you mean a maximum of 20%? |
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Jun 23 2014, 03:46 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(jackysew @ Jun 23 2014, 03:18 PM) What do you mean by you can withdraw all (not 20%)? Do you mean a maximum of 20%? no more setting 20% after 1 july .. it mean .. if company announce that week can sellback 2 days .. so reseller can pick any 2 day on that week dsi .. example if the reseller day 1 dsi is 30 and day 2 is 31 so in taht week reseelr can sellback to company 61bvp ,not like b4 if sett 20% (if ur dsi is 30)u onlu can have about 36 bvp aweek (6day) |
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Jun 23 2014, 06:08 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ Jun 21 2014, 09:35 PM) I've done some fair research and concludes that its a ponzi. the items are overpriced and will no way support the payment incentives. can safely says 90% of the incentive comes from new registrations. The items are priced at least 5-10% cheaper based on retail price, however if a mall lets say Tesco decides to give it another 20-30% discount, of course it will look overpriced. If you indeed able to locate a product which is more expensive then the retail price, please by all means report it to management I have imported in Guici , Prada, Hermes back, all are sold out within 10 minutes. There is a reason why the GOOD items are gone fast, and left the unwanted items in the mall Also, if you understand the payout system of the company based on active part, you will also see there is actually alot of people with money wanting to buy, just there is not enough products which make sense for us to buy. We as senior members are very close to the merchants, whenever they have a new product they are to update, we will be in the mall waiting to grab those items asap. I have bought bicycle, stand fan which I donated to charity, however those abalone and stuff hardly touched as the brand aint famous. A ponzi scheme can overpay you, BV cant. Prove ? Look what happen last month ? Why did the DSI drop for those 5 days ? |
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Jun 23 2014, 07:02 PM
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Junior Member
31 posts Joined: Jun 2008 From: selangor
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QUOTE(Azurika @ Jun 23 2014, 06:08 PM) The items are priced at least 5-10% cheaper based on retail price, however if a mall lets say Tesco decides to give it another 20-30% discount, of course it will look overpriced. If you indeed able to locate a product which is more expensive then the retail price, please by all means report it to management I have imported in Guici , Prada, Hermes back, all are sold out within 10 minutes. There is a reason why the GOOD items are gone fast, and left the unwanted items in the mall Also, if you understand the payout system of the company based on active part, you will also see there is actually alot of people with money wanting to buy, just there is not enough products which make sense for us to buy. We as senior members are very close to the merchants, whenever they have a new product they are to update, we will be in the mall waiting to grab those items asap. I have bought bicycle, stand fan which I donated to charity, however those abalone and stuff hardly touched as the brand aint famous. A ponzi scheme can overpay you, BV cant. Prove ? Look what happen last month ? Why did the DSI drop for those 5 days ? |
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Jun 24 2014, 07:57 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(Azurika @ Jun 23 2014, 06:08 PM) The items are priced at least 5-10% cheaper based on retail price, however if a mall lets say Tesco decides to give it another 20-30% discount, of course it will look overpriced. If you indeed able to locate a product which is more expensive then the retail price, please by all means report it to management Thanks for the explanation. I saw in my uncle facebook that he bought an item which is for me is really overpriced. I have imported in Guici , Prada, Hermes back, all are sold out within 10 minutes. There is a reason why the GOOD items are gone fast, and left the unwanted items in the mall Also, if you understand the payout system of the company based on active part, you will also see there is actually alot of people with money wanting to buy, just there is not enough products which make sense for us to buy. We as senior members are very close to the merchants, whenever they have a new product they are to update, we will be in the mall waiting to grab those items asap. I have bought bicycle, stand fan which I donated to charity, however those abalone and stuff hardly touched as the brand aint famous. A ponzi scheme can overpay you, BV cant. Prove ? Look what happen last month ? Why did the DSI drop for those 5 days ? Guess he didn't know about it huh. 
Not that I wanted to report and all, I am too lazy to do something that I have nothing to do about it. heheh.. But can you post an example of those cheap items that you have bought here? Just wanted to see how cheap it is compare to retail price. Thanks! |
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Jun 24 2014, 09:39 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ Jun 24 2014, 07:57 AM) Thanks for the explanation. I saw in my uncle facebook that he bought an item which is for me is really overpriced. Ill do so when I do a bag purchase Guess he didn't know about it huh.
Not that I wanted to report and all, I am too lazy to do something that I have nothing to do about it. heheh.. But can you post an example of those cheap items that you have bought here? Just wanted to see how cheap it is compare to retail price. Thanks! Waiting for Liz in Penang to upload the bags But might have to wait a month or so, pending her shipment from the UK |
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Jun 24 2014, 10:08 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(Azurika @ Jun 24 2014, 09:39 AM) Ill do so when I do a bag purchase Thanks! Appreciate your help. Waiting for Liz in Penang to upload the bags But might have to wait a month or so, pending her shipment from the UK |
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Jun 25 2014, 08:45 AM
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Junior Member
172 posts Joined: Jan 2011
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boss venture
this boss venture, is it scam or real thing? i saw some of my friends invest in it, but only with small amount, like rm 100. if it is not a scam, i want to make sure it is safe to invest for a minimum of rm 2000.00. i need advice. Regards. |
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Jun 25 2014, 09:01 AM
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Junior Member
30 posts Joined: Feb 2008
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isnt that a skim cepat kaya ? I think the minimum to invest in it is RM 825. verbal promise that you'll be getting 1.5% everyday. Its a quite high risk kinda investment. High risk, HIGH EXPECTED RETURN right ?
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Jun 25 2014, 09:07 AM
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Junior Member
287 posts Joined: Sep 2010
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Scam ler...
waiting time to collapse.. better to stay away from this kin of scam |
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Jun 25 2014, 09:34 AM
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Senior Member
1,215 posts Joined: Jul 2009 From: Penang Island
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scam.. my fren did educate me on the program.. confirm MLM
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Jun 25 2014, 09:36 AM
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Senior Member
6,562 posts Joined: Jan 2003 From: Kuala Lumpur 
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Im not sure but If I am not mistaken it was placed in the list of schemes to watch out for
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Jun 25 2014, 11:22 AM
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Junior Member
124 posts Joined: May 2009
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QUOTE(chrommed @ Jun 24 2014, 07:57 AM) Thanks for the explanation. I saw in my uncle facebook that he bought an item which is for me is really overpriced. well people was forced to by something from the mall because some of the daily income need to be contributed back into mall credit. so whether u like it or not,u have to spend on unnecessary and overprice item.. i have yet to see any useful item in the mall. hint just click gadget and all you find is china brand power bank with outrageous pricing. BNM is at fault for not taking swift action and letting ppl get trapped.Guess he didn't know about it huh.
Not that I wanted to report and all, I am too lazy to do something that I have nothing to do about it. heheh.. But can you post an example of those cheap items that you have bought here? Just wanted to see how cheap it is compare to retail price. Thanks! |
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Jun 25 2014, 01:04 PM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(avanray @ Jun 25 2014, 11:22 AM) well people was forced to by something from the mall because some of the daily income need to be contributed back into mall credit. so whether u like it or not,u have to spend on unnecessary and overprice item.. i have yet to see any useful item in the mall. hint just click gadget and all you find is china brand power bank with outrageous pricing. BNM is at fault for not taking swift action and letting ppl get trapped. so means only a few people will get the real benefits from the mall, like our friend Azurika, which based on his words, he got inside info on when the really good items will arrive in the mall, and leave the rest of overpriced items for those other unlucky people, correct? The more I know about this the more I pity my uncle.  oh well at least he gotten his money back, i think. don't know what would happen if suddenly this thing collapse, and everyone will be breathing at his neck. |
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Jun 25 2014, 02:35 PM
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Junior Member
143 posts Joined: Mar 2009
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Bossventure will scam soon! Beware~ Start from July 1, BV change to new plan Old&New member join only can get max 4 double based on amount join or topup only. For those, old member join early compound until big amount didn't do any withdraw before , RUGI!!!!. Totally, not fair..... Look's like BV company had overpaid and almost no money want collapse ady.
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Jun 25 2014, 06:17 PM
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Junior Member
198 posts Joined: Nov 2011
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QUOTE(smartpoint @ Jun 25 2014, 02:35 PM) Bossventure will scam soon! Beware~ Start from July 1, BV change to new plan Old&New member join only can get max 4 double based on amount join or topup only. For those, old member join early compound until big amount didn't do any withdraw before , RUGI!!!!. Totally, not fair..... Look's like BV company had overpaid and almost no money want collapse ady. i dont understand "get max 4 double based on amount hoin or topup only" |
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Jun 25 2014, 06:36 PM
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All Stars
15,192 posts Joined: Oct 2004
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Such lousy items with < 20 products and overpriced, confirm it is scam MLM which uses these products as drivers to hide from Ponzi scheme.
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Jun 26 2014, 09:49 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ Jun 25 2014, 01:04 PM) so means only a few people will get the real benefits from the mall, like our friend Azurika, which based on his words, he got inside info on when the really good items will arrive in the mall, and leave the rest of overpriced items for those other unlucky people, correct? The more I know about this the more I pity my uncle. There is a reason why is best to join the right team or team leader in any society oh well at least he gotten his money back, i think. don't know what would happen if suddenly this thing collapse, and everyone will be breathing at his neck. |
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Jun 26 2014, 10:04 AM
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Senior Member
6,562 posts Joined: Jan 2003 From: Kuala Lumpur
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Guys, can you guys give me a run down on how Bossventure is making money? How much is the registration fees for new members, and what are the prices that the products are being sold at? Any examples and numbers?
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Jun 27 2014, 09:46 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Azurika @ Apr 23 2014, 04:34 PM) Thanks You are also aware of the new plan come July 1, 2014. We will see who gets the last laugh by end of this year The selling point was DSI 1.5% daily; even the BV office's above the front counter flashes this 1.5% to entice recruiting, but now the plan kills everyone who has just joined! You can't earn more than 4 times your out of pocket peek purchase, and worse, now BV does not allow you to cash out everyday; you can only sell back to BV based on its announcement 0-3 days per week. If BV announced averaged 1 day cash out per week, and if need say 30 or 60 or 90 times to completely cash out the maximum 4 times of the initial value, then you would need 30 - 90 weeks to do it. Is it not absurd! and unethical ! All who have joined before the new plan should protest or complain to NCCC or Bank Negara if BV does not allow them to use the old plan, which was contracted at time of purchase. Or request for full refund. |
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Jun 27 2014, 10:27 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(scamwhistle @ Jun 27 2014, 09:46 PM) You are also aware of the new plan come July 1, 2014. I have already cash out more then my original investment FYI The selling point was DSI 1.5% daily; even the BV office's above the front counter flashes this 1.5% to entice recruiting, but now the plan kills everyone who has just joined! You can't earn more than 4 times your out of pocket peek purchase, and worse, now BV does not allow you to cash out everyday; you can only sell back to BV based on its announcement 0-3 days per week. If BV announced averaged 1 day cash out per week, and if need say 30 or 60 or 90 times to completely cash out the maximum 4 times of the initial value, then you would need 30 - 90 weeks to do it. Is it not absurd! and unethical ! All who have joined before the new plan should protest or complain to NCCC or Bank Negara if BV does not allow them to use the old plan, which was contracted at time of purchase. Or request for full refund. And by doing the above, it ensures overpaying does not happen. I have no objections on this if Im looking for 5-10 year plan |
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Jun 27 2014, 10:50 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Azurika @ Jun 27 2014, 10:27 PM) I have already cash out more then my original investment FYI Yes, you are luck that you have already cashed out. Since you have been pushing so hard for people to join looking at this thread, why not, if you said you are sorry, push the opposite way and encourage those who are not so lucky and have joined to gather for submission of petition to NCCC against this unscrupulous company. For that matter, all MLM companies including BV should not be allowed to change plan to their advantage without unanimous consensus from all members. Otherwise, it is a Sure Loss to re-sellers and Sure Win to BV - NCCC must protect consumers and be notified about this unfair manipulation of plan. BV should refund those who have joined and are unwilling to go with the new plan! Or allow them to continue with the old plan! And by doing the above, it ensures overpaying does not happen. I have no objections on this if Im looking for 5-10 year plan |
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Jun 27 2014, 10:53 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(scamwhistle @ Jun 27 2014, 10:50 PM) Yes, you are luck that you have already cashed out. Since you have been pushing so hard for people to join looking at this thread, why not, if you said you are sorry, push the opposite way and encourage those who are not so lucky and have joined to gather for submission of petition to NCCC against this unscrupulous company. For that matter, all MLM companies including BV should not be allowed to change plan to their advantage without unanimous consensus from all members. Otherwise, it is a Sure Loss to re-sellers and Sure Win to BV - NCCC must protect consumers and be notified about this unfair manipulation of plan. BV should refund those who have joined and are unwilling to go with the new plan! Or allow them to continue with the old plan! Try using your main account not dupe over here And Im pretty sure the majority DID NOT read the terms and condition upon signing up. It is not uncommon for any company to change their payout policy as they have written in the contract. Lastly, BV was never a MLM company to begin with. Although the payment system is 1. If they are, either they would have closed down by now or they would have gotten their AJL licence. |
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Jun 27 2014, 10:54 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(scamwhistle @ Jun 27 2014, 10:50 PM) Yes, you are luck that you have already cashed out. Since you have been pushing so hard for people to join looking at this thread, why not, if you said you are sorry, push the opposite way and encourage those who are not so lucky and have joined to gather for submission of petition to NCCC against this unscrupulous company. For that matter, all MLM companies including BV should not be allowed to change plan to their advantage without unanimous consensus from all members. Otherwise, it is a Sure Loss to re-sellers and Sure Win to BV - NCCC must protect consumers and be notified about this unfair manipulation of plan. BV should refund those who have joined and are unwilling to go with the new plan! Or allow them to continue with the old plan! Please note SURE WIN to BV include the bosses, and the top level members who already ripped enough from those below them!This post has been edited by scamwhistle: Jun 27 2014, 10:55 PM |
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Jun 27 2014, 10:55 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jun 27 2014, 10:50 PM) Yes, you are luck that you have already cashed out. Since you have been pushing so hard for people to join looking at this thread, why not, if you said you are sorry, push the opposite way and encourage those who are not so lucky and have joined to gather for submission of petition to NCCC against this unscrupulous company. For that matter, all MLM companies including BV should not be allowed to change plan to their advantage without unanimous consensus from all members. Otherwise, it is a Sure Loss to re-sellers and Sure Win to BV - NCCC must protect consumers and be notified about this unfair manipulation of plan. BV should refund those who have joined and are unwilling to go with the new plan! Or allow them to continue with the old plan! Dont be naive lah son. He is here to make as much money as possible, as long as possible. Greed has made him part of the scam already. If he follow what you suggest, his income will stop. The way you wrote, did you just write a cheque to them recently ? |
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Jun 27 2014, 11:01 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jun 27 2014, 10:55 PM) Dont be naive lah son. He is here to make as much money as possible, as long as possible. Greed has made him part of the scam already. If he follow what you suggest, his income will stop. You are one of them, Aren't you? - the way you sound.The way you wrote, did you just write a cheque to them recently ? Not Naive - only human! So you will rather not see his income stop than seeing other hard earned money go into his bank. What a Karma you talked about! |
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Jun 27 2014, 11:12 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Azurika @ Jun 27 2014, 10:53 PM) Try using your main account not dupe over here Neither are you using your main account! And Im pretty sure the majority DID NOT read the terms and condition upon signing up. It is not uncommon for any company to change their payout policy as they have written in the contract. Lastly, BV was never a MLM company to begin with. Although the payment system is 1. If they are, either they would have closed down by now or they would have gotten their AJL licence. So you are definitely one of the them! You talk about Karma and yet seems to support the negative and the evils through your posts in this thread. Perhaps you are the BV boss! Who are kidding BV is not MLM! A very obvious one - BV can change its plan anyhow to suit its advantage, he can also argue to say it is not a MLM and find way to get undeserved status or title throough Boleh Boleh! This post has been edited by scamwhistle: Jun 27 2014, 11:31 PM |
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Jun 27 2014, 11:42 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Azurika @ Jun 27 2014, 10:27 PM) I have already cash out more then my original investment FYI No use looking for 5-10 years. Even after 5 years, you can compound your DSI value to millions, but you can only get a maximum of 4 times your out-of-pocket peek credit (ooppc) purchase. Eg if your ooppc is 10,100 BVP (=USD10,000), you can only get < USD40,000 after exchange rate conversion, and never millions though total DSI does go beyong millions after 5 years - Old plan allows you to cash out fast to break even and has no limit! And by doing the above, it ensures overpaying does not happen. I have no objections on this if Im looking for 5-10 year plan |
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Jun 27 2014, 11:47 PM
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Senior Member
6,562 posts Joined: Jan 2003 From: Kuala Lumpur
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Is this BOSSVENTURE confirmed to be MLM? If it is, why hasnt the mods remove this thread for good?
The rules say, no MLM postings.. |
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Jun 28 2014, 12:02 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(scamwhistle @ Jun 27 2014, 11:12 PM) Neither are you using your main account! I must be seriously free to spam a 6 star dupe account So you are definitely one of the them! You talk about Karma and yet seems to support the negative and the evils through your posts in this thread. Perhaps you are the BV boss! Who are kidding BV is not MLM! A very obvious one - BV can change its plan anyhow to suit its advantage, he can also argue to say it is not a MLM and find way to get undeserved status or title throough Boleh Boleh! It is convenient for BV to use the term "B2B" , thats y they are leveraging this way. I understand many will have a word to say about it, but they gotten their license, so yeah government said okay, be it they paid some1 for that or whatever the reason, I dunno, Richard does not share this with me. QUOTE(scamwhistle @ Jun 27 2014, 11:42 PM) No use looking for 5-10 years. Even after 5 years, you can compound your DSI value to millions, but you can only get a maximum of 4 times your out-of-pocket peek credit (ooppc) purchase. Eg if your ooppc is 10,100 BVP (=USD10,000), you can only get < USD40,000 after exchange rate conversion, and never millions though total DSI does go beyong millions after 5 years - Old plan allows you to cash out fast to break even and has no limit! 5 years give you x4 return, where can you find such a deal ? Intro me other deals please, sharing is caring. QUOTE(wild_card_my @ Jun 27 2014, 11:47 PM) Is this BOSSVENTURE confirmed to be MLM? If it is, why hasnt the mods remove this thread for good? The rules say no MLM posting, but I believe it is directed towards topics which promotes MLM and recruitment.The rules say, no MLM postings.. I Believe this thread was created to check on is BV a scam or not, thats why the mods have not taken it down yet. If you notice, there has not been any recruitment posting in this thread Also, there are plenty of other MLM threads here such, go slowly browse |
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Jun 28 2014, 12:24 AM
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Senior Member
6,562 posts Joined: Jan 2003 From: Kuala Lumpur
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QUOTE(Azurika @ Jun 28 2014, 12:02 AM) The rules say no MLM posting, but I believe it is directed towards topics which promotes MLM and recruitment. I Believe this thread was created to check on is BV a scam or not, thats why the mods have not taken it down yet. If you notice, there has not been any recruitment posting in this thread Also, there are plenty of other MLM threads here such, go slowly browse Didnt specifically say it has to be about recruitment before it is unallowed. If you have noticed many of these "ask if scam" threads turn out to be promotion thread down a few posts. Just because this thread doesn't do much recruitment, discussing about it would incite and excite some people already of this MLM bossventure. |
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Jun 28 2014, 12:40 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(wild_card_my @ Jun 28 2014, 12:24 AM) The rules, part of it: "The posting of any MLM, get-rich-quick, referral programs, pyramid schemes is strictly prohibited here and anywhere else in Lowyat.NET." Well bro, you may do the report Didnt specifically say it has to be about recruitment before it is unallowed. If you have noticed many of these "ask if scam" threads turn out to be promotion thread down a few posts. Just because this thread doesn't do much recruitment, discussing about it would incite and excite some people already of this MLM bossventure. At the same time, there include the other topics being discuss within Finance, Business and Investment House also. Im sure the MODS will require time doing clearing |
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Jun 28 2014, 12:43 AM
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Senior Member
6,562 posts Joined: Jan 2003 From: Kuala Lumpur
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QUOTE(Azurika @ Jun 28 2014, 12:40 AM) Well bro, you may do the report Nah, wouldnt bother. If the topics are lame it will die automatically. But since it is alive and well there must be some form of useful activity.At the same time, there include the other topics being discuss within Finance, Business and Investment House also. Im sure the MODS will require time doing clearing |
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Jun 28 2014, 01:27 AM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Azurika @ Jun 28 2014, 12:02 AM) 5 years give you x4 return, where can you find such a deal ? Intro me other deals please, sharing is caring. |
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Jun 28 2014, 06:32 AM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jun 27 2014, 11:01 PM) You are one of them, Aren't you? - the way you sound. If you read my posting in this thread, you will see my suggestion for anyone who is interested to join BV to call BNM to get advice before you parted your money.Not Naive - only human! So you will rather not see his income stop than seeing other hard earned money go into his bank. What a Karma you talked about! Apparently you gave your hard earned money to them, then BV change rules, you felt being cheated, search the internet, found this place, and now trying to vent your anger this BV is a scam Don't blame anyone. It is your own fault of not doing your homework. BNM also warn you guys. Give them sometime, the whole thing will collapse. Azurika is not the only agent who still promote this scheme. He knew how whole things works. The fact that he still promote the scheme shows greed > conscience. No point asking a crocodile to be a vegetarian |
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Jun 28 2014, 07:47 AM
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Junior Member
189 posts Joined: Mar 2009
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my uncle keep on
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Jul 1 2014, 08:59 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jun 28 2014, 06:32 AM) If you read my posting in this thread, you will see my suggestion for anyone who is interested to join BV to call BNM to get advice before you parted your money. If you are so smart and so good in doing your homework to be able see what plan BV is going to change, then you should warn everyone and expose what its new plan is going to be a trap on those who has been scammed and sold using its old plan for scamming which I said before that BV's 1.5% daily interest was the main selling point, but no longer with the new plan!Apparently you gave your hard earned money to them, then BV change rules, you felt being cheated, search the internet, found this place, and now trying to vent your anger this BV is a scam Don't blame anyone. It is your own fault of not doing your homework. BNM also warn you guys. Give them sometime, the whole thing will collapse. Azurika is not the only agent who still promote this scheme. He knew how whole things works. The fact that he still promote the scheme shows greed > conscience. No point asking a crocodile to be a vegetarian Who can't just give warning about BNM! Be more elaborate about what you really know ! Stop claiming credit about your smart telepathy after the fact! |
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Jul 1 2014, 09:21 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 1 2014, 08:59 PM) If you are so smart and so good in doing your homework to be able see what plan BV is going to change, then you should warn everyone and expose what its new plan is going to be a trap on those who has been scammed and sold using its old plan for scamming which I said before that BV's 1.5% daily interest was the main selling point, but no longer with the new plan! I did not even spend a minute to do homework. It is common sense. Only greedy people falls into traps. Too bad it is too late for you. I only laugh at greedy people losing money Who can't just give warning about BNM! Be more elaborate about what you really know ! Stop claiming credit about your smart telepathy after the fact! BTW, how much is "claiming credit" worth ? Somebody will pay me RM10 ? |
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Jul 1 2014, 09:36 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jul 1 2014, 09:21 PM) I did not even spend a minute to do homework. It is common sense. Only greedy people falls into traps. Too bad it is too late for you. I only laugh at greedy people losing money Don't be a hypocrite! You are so 清高 -a man without Greed! What a Robin Hood! BTW, how much is "claiming credit" worth ? Somebody will pay me RM10 ? You can Keep on laughing with your Hypocrisy! No one gives a FCUK! |
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Jul 1 2014, 09:46 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 1 2014, 09:36 PM) Don't be a hypocrite! You are so 清高 -a man without Greed! What a Robin Hood! You just did You can Keep on laughing with your Hypocrisy! No one gives a FCUK! Bro, take it as a lesson. Next time, do your homework before writing a cheque. There is no free lunch. When it is too good to be true, it probably is ! Suck it up and move forward. Take it as payment for your tuition fees in elementary investment course |
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Jul 1 2014, 10:39 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jul 1 2014, 09:46 PM) You just did You don't even do your homework and ask people to do so as you said is common sense! Bro, take it as a lesson. Next time, do your homework before writing a cheque. There is no free lunch. When it is too good to be true, it probably is ! Suck it up and move forward. Take it as payment for your tuition fees in elementary investment course You sound like a Smart Alex! - Huh! It's not the RM10 that you claim credit for -- from the way you write, it is the craze for showing off that you are very Intelligent! Do you know Showing Off this way betrays your Inferiority Complex in Yourself, Your Intelligence or Your Poverty - A strong reason for your Hypocritical Heroic Non-Greed! Stop presuming and guessing what people are not! Stop being a Smart Alex. This post has been edited by scamwhistle: Jul 1 2014, 10:43 PM |
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Jul 1 2014, 10:46 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 1 2014, 10:39 PM) You don't even do your homework and ask people to do so as you said is common sense! Smart alec or not, I don't know. But I am not dumb enough to get scammed like you You sound like a Smart Alex! - Huh! It's not the RM10 that you claim credit for -- from the way you write, it is the craze for showing off that you are very Intelligent! Do you know Showing Off this way betrays your Inferiority Complex in Yourself, Your Intelligence or Your Poverty - A strong reason for your Hypocritical Heroic Non-Greed! Stop presuming and guessing what people not! Stop being a Smart Alex. I think you should channel your energy to warn other people instead of pick a fight with someone unrelated to the scam and laughing at you |
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Jul 1 2014, 10:51 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jul 1 2014, 10:46 PM) Smart alec or not, I don't know. But I am not dumb enough to get scammed like you You are a Sadist who like to laugh at people mishaps! Inhuman! I think you should channel your energy to warn other people instead of pick a fight with someone unrelated to the scam and laughing at you It is actually what I have been doing channeling energy to warn other people here! And you are the one discourage people who are trying to do that...Smart Hypocritical Inhuman! Why are you discouraging? Because you are one of them - who wants to scam people here further! This post has been edited by scamwhistle: Jul 1 2014, 10:54 PM |
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Jul 1 2014, 10:55 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 1 2014, 10:51 PM) You are a Sadist who like to laugh at people mishaps! Inhuman! Laughing at people will hurt someone more. If someone getting hurt more, he will remember for the rest of his life. So here I am laughing out loud at you, hoping you will learn your lessonIt is actually what I have been doing channeling energy to warn other people here! And you are the one discourage people who are trying to do that...Smart Hypocritical Inhuman! You are welcome |
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Jul 1 2014, 11:28 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 1 2014, 10:51 PM) Why are you discouraging? Because you are one of them - who wants to scam people here further! http://www.bnm.gov.my/index.php?ch=en_complaint_redress http://e-aduan.kpdnkk.gov.my/eaduan/main.php?lang=2 http://www.consumer.org.my/index.php/compl...how-to-complain |
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Jul 1 2014, 11:57 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jul 1 2014, 11:28 PM) Get you ass off the couch and type in your complaints here. It doesn't help in anything guessing who I am So, you also know the pain now that you don't like people to guess who you are! http://www.bnm.gov.my/index.php?ch=en_complaint_redress http://e-aduan.kpdnkk.gov.my/eaduan/main.php?lang=2 http://www.consumer.org.my/index.php/compl...how-to-complain A Sadist is always A Sadist - Don't have give a reason why your are - Inhuman i.e. Lacking human qualities of compassion and mercy; cruel and barbaric. |
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Jul 2 2014, 01:02 AM
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Senior Member
1,721 posts Joined: Oct 2009
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Lets keep this thread clean and rather then bad mouthing each other alright ?
Kudos to those who pmed for signed up before July as the price increase ~ @Chrommed - Coach and MK bags just went up for sale during noon. You might want to check it out But most likely all sold out by now. |
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Jul 2 2014, 06:19 AM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 1 2014, 11:57 PM) So, you also know the pain now that you don't like people to guess who you are! Pain ? From being scammed, you relate to inhumane and merciness. Typical of a person who is going thru the 5 stages of griefA Sadist is always A Sadist - Don't have give a reason why your are - Inhuman i.e. Lacking human qualities of compassion and mercy; cruel and barbaric. Lets face it. You are scammed ! http://en.m.wikipedia.org/wiki/K%C3%BCbler-Ross_modet |
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Jul 2 2014, 06:20 AM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Jul 2 2014, 01:02 AM) Lets keep this thread clean and rather then bad mouthing each other alright ? Clean ? Kudos to those who pmed for signed up before July as the price increase ~ @Chrommed - Coach and MK bags just went up for sale during noon. You might want to check it out But most likely all sold out by now. |
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Jul 2 2014, 12:56 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jul 2 2014, 06:19 AM) Pain ? From being scammed, you relate to inhumane and merciness. Typical of a person who is going thru the 5 stages of grief You are sick! Need to consult a psychiatrist!Lets face it. You are scammed ! http://en.m.wikipedia.org/wiki/K%C3%BCbler-Ross_modet Here is the definition of Sadist - Someone who obtains pleasure from inflicting pain on others You are laughing - so you enjoy it and does obtain pleasure from it!- Don't again be a hypocrite by hiding your sickness, due to your being badly brought-up in you life, to cover up your sadism with a good lesson learned! You want to teach people a lesson! Do you know that you have to first learn a lesson of being human before trying to show off how Intelligent you are! Pick up some philosophy book to read and learned - you the pity one. Never cast the first stone if you think you are so perfect! - I don't think you understand that! This post has been edited by scamwhistle: Jul 2 2014, 01:12 PM |
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Jul 2 2014, 03:32 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 2 2014, 12:56 PM) You are sick! Need to consult a psychiatrist! I felt like I was talking to a very fragile soul here. If I laugh at you further, I am afraid I will be responsible for any untoward incident Here is the definition of Sadist - Someone who obtains pleasure from inflicting pain on others You are laughing - so you enjoy it and does obtain pleasure from it!- Don't again be a hypocrite by hiding your sickness, due to your being badly brought-up in you life, to cover up your sadism with a good lesson learned! You want to teach people a lesson! Do you know that you have to first learn a lesson of being human before trying to show off how Intelligent you are! Pick up some philosophy book to read and learned - you the pity one. Never cast the first stone if you think you are so perfect! - I don't think you understand that!  Bro (I start wondering whether I am talking to a small girl by the way you react), as I have said, face your mistake like a man. Admit it and move on. Hopefully when next time someone introduce you with another scam, you will remember there was a guy who laugh at you in LYN by the name of an aeroplane |
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Jul 2 2014, 07:56 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jul 2 2014, 03:32 PM) I felt like I was talking to a very fragile soul here. If I laugh at you further, I am afraid I will be responsible for any untoward incident Initially, the intention is fight scam. Now I face even a more difficult task to meet a psycho with mental problem. Bro (I start wondering whether I am talking to a small girl by the way you react), as I have said, face your mistake like a man. Admit it and move on. Hopefully when next time someone introduce you with another scam, you will remember there was a guy who laugh at you in LYN by the name of an aeroplane I'm already wasted enough time with you and make no sense to go on with such a immature reply from you - Grow up young man! Seems like you don't understand English words like Sadist and Inhuman! Do it to your children the way you think is right when your children are not as Perfect as you falsely think you are! Just have to pity you that probably you were brought up this way by your parents who have been inflicting this kind of mental pain on you! Tell them you need more Encouragement than laughing and scorning to grow! - See a doctor please! This post has been edited by scamwhistle: Jul 2 2014, 08:05 PM |
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Jul 2 2014, 09:04 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 2 2014, 07:56 PM) Initially, the intention is fight scam. Now I face even a more difficult task to meet a psycho with mental problem. I really see an angry boy firing away I'm already wasted enough time with you and make no sense to go on with such a immature reply from you - Grow up young man! Seems like you don't understand English words like Sadist and Inhuman! Do it to your children the way you think is right when your children are not as Perfect as you falsely think you are! Just have to pity you that probably you were brought up this way by your parents who have been inflicting this kind of mental pain on you! Tell them you need more Encouragement than laughing and scorning to grow! - See a doctor please! First time I see someone take it so personally on the internet. Chill bro. If money can solve your problem, it is not a problem at all.Your initial intention is to fight scam ? No. See below your very first post in this forum. Initially your intention is to get back your money. Initially you still hope for the best. Initially you want to gather support to force BV to revert to old plan. So you still can "enjoy" the scheme and make money. You have only profit in mind initially. Until I laugh at you QUOTE(scamwhistle @ Jun 27 2014, 09:46 PM) You are also aware of the new plan come July 1, 2014. Bro, the problem is not me here. I am just a by stander watching a fire fighting show. I am in the cinema eating pop corn and drinking coke. You are the poor guy in the show fighting raging fire. With Azurika pouring oil. If you expect sympathy from the forum, I can tell you you can find "sympathy" in the dictionary - its between "shit" and syphilis" The selling point was DSI 1.5% daily; even the BV office's above the front counter flashes this 1.5% to entice recruiting, but now the plan kills everyone who has just joined! You can't earn more than 4 times your out of pocket peek purchase, and worse, now BV does not allow you to cash out everyday; you can only sell back to BV based on its announcement 0-3 days per week. If BV announced averaged 1 day cash out per week, and if need say 30 or 60 or 90 times to completely cash out the maximum 4 times of the initial value, then you would need 30 - 90 weeks to do it. Is it not absurd! and unethical ! All who have joined before the new plan should protest or complain to NCCC or Bank Negara if BV does not allow them to use the old plan, which was contracted at time of purchase. Or request for full refund. Your money is gone. The sooner you accept the fact, the better you will stand up tall again. Be strong ! |
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Jul 2 2014, 10:00 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jul 2 2014, 09:04 PM) I really see an angry boy firing away Talking about you are not greedy! You betrayed yourself of being even wanting to be right always let alone be greedy of money. You are not even human who always think that you are so perfect that you will not make your mistake in your life time. So, you can't take it when you lose! No one in the world never lose except you - and you have turned Sadist and pick on anyone in the public with every opportunity to console your own losing with laughter. As I said you never know the meaning of the Hypocrite casting the first stone on the non-perfect! I don't think you even know who said it...Go read up more and be more human.... First time I see someone take it so personally on the internet. Chill bro. If money can solve your problem, it is not a problem at all.Your initial intention is to fight scam ? No. See below your very first post in this forum. Initially your intention is to get back your money. Initially you still hope for the best. Initially you want to gather support to force BV to revert to old plan. So you still can "enjoy" the scheme and make money. You have only profit in mind initially. Until I laugh at you Bro, the problem is not me here. I am just a by stander watching a fire fighting show. I am in the cinema eating pop corn and drinking coke. You are the poor guy in the show fighting raging fire. With Azurika pouring oil. If you expect sympathy from the forum, I can tell you you can find "sympathy" in the dictionary - its between "shit" and syphilis" Your money is gone. The sooner you accept the fact, the better you will stand up tall again. Be strong ! Losing US$200k is no sweat to me! Not to mention about this BV ...open your eyes son! Stop be naively smart to interpret what you read - Last word, A Fool Never Learn! Your brain is one direction - you never vent your anger for a friend because I won't expect a Sadist has any friend! This post has been edited by scamwhistle: Jul 2 2014, 10:08 PM |
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Jul 2 2014, 10:06 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 2 2014, 10:00 PM) Talking about you are not greedy! You betrayed yourself of being even wanting to be right always let alone be greedy of money. You are not even human who always think that you are so perfect that you will not make your mistake in your life time. So, you can't take it when you lose! No one in the world never lose except you - and you have turned Sadist and pick on anyone in the public with every opportunity to console your own losing with laughter. As I said you never know the meaning of the Hypocrite casting the first stone on the non-perfect! I don't think you even who said it...Go read up more and be more human.... The actor in the big screen yelling at the cinema audience pleading for sympathy Losing US$200k is no sweat to me! Not to mention about this BV ...open your eyes son! Stop be naively smart to interpret what you read - Last word, A Fool Never Learn! Ok ok.....to benefit the readers, what lesson have you learned from this BV episode ? Tell everyone so they won't get conned like you |
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Jul 2 2014, 10:16 PM
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Junior Member
16 posts Joined: Jun 2014
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QUOTE(Showtime747 @ Jul 2 2014, 10:06 PM) The actor in the big screen yelling at the cinema audience pleading for sympathy You missed the last part: Ok ok.....to benefit the readers, what lesson have you learned from this BV episode ? Tell everyone so they won't get conned like you ..Your brain is one direction - you never vent your anger for a friend because I won't expect a Sadist has any friend! I don't know why I am wasting my breath on you! |
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Jul 2 2014, 10:29 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(scamwhistle @ Jul 2 2014, 10:16 PM) You missed the last part: You have mixed up internet and real life. Internet we are straight forward. You dont know me i dont know you. We tell the truth. Thats why it hurts you...Your brain is one direction - you never vent your anger for a friend because I won't expect a Sadist has any friend! I don't know why I am wasting my breath on you! In real life, your friend will put up a nice face. Speak nicely to you. So you wont get hurt. Some really mean it because they love you. But is this the best way to educate you ? Will you really learn ? Why not you tell everyone what you have learned from this scam ? |
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Jul 3 2014, 02:24 AM
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Newbie
3 posts Joined: Jun 2014
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Losing US$200k is no sweat to me! Not to mention about this BV ...
i'm just wondering do u really think that u had lost the 200k USD ? Did u ever hv a thought that BV's new plan might works as well or even greater than before ?  |
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Jul 3 2014, 10:22 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(hohomeagain @ Jul 3 2014, 02:24 AM) Losing US$200k is no sweat to me! Not to mention about this BV ... loli'm just wondering do u really think that u had lost the 200k USD ? Did u ever hv a thought that BV's new plan might works as well or even greater than before ? |
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Jul 3 2014, 11:24 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(hohomeagain @ Jul 3 2014, 02:24 AM) Losing US$200k is no sweat to me! Not to mention about this BV ... BV's new plan will work better in terms of covering overpayment.i'm just wondering do u really think that u had lost the 200k USD ? Did u ever hv a thought that BV's new plan might works as well or even greater than before ? But the payout is now max 4x the innitial amount, which is way less then what we could get previously. Hence there are pros and cons to it. But Id see long term sustainability if Richard and Billy does not do anything funny. |
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Jul 4 2014, 01:26 PM
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Junior Member
37 posts Joined: Feb 2009
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May I know the dsi setting should be set to automatic or manually done? Coz I don't really understand what does it mean for 4x the initial amount , any sifu here are kind enough to share thx
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Jul 4 2014, 02:30 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(leong1991 @ Jul 4 2014, 01:26 PM) May I know the dsi setting should be set to automatic or manually done? Coz I don't really understand what does it mean for 4x the initial amount , any sifu here are kind enough to share thx Ask your upline.If he cant explain, give me his name. I will get his account suspended. |
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Jul 7 2014, 09:24 PM
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Junior Member
46 posts Joined: Dec 2005
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For whoever believe in the system, I have only 1 advice. Why not you go and borrow money from ah long or bank and invest urself and do not involve your friend and family. Whatever the return you get, just share out with them.
Simple as that. If the system can earn money, then just go ahead and invest. I don't understand why need to involve other people since you can earn passively. |
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Jul 8 2014, 09:41 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(lilcool @ Jul 7 2014, 09:24 PM) For whoever believe in the system, I have only 1 advice. Why not you go and borrow money from ah long or bank and invest urself and do not involve your friend and family. Whatever the return you get, just share out with them. Simple, cause there is a risk which we or at least my team is advised on and aware ? Simple as that. If the system can earn money, then just go ahead and invest. I don't understand why need to involve other people since you can earn passively. Would you borrow from ah long given it has been under BNM alert list ? After understanding the risk x return ratio, is their choice to put in money or not. And the people who put in money are the people who are willing and can afford to lose it if it goes sour. Weather are you in the same situation or not, is a different story. |
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Jul 8 2014, 03:15 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Jul 8 2014, 09:41 AM) Simple, cause there is a risk which we or at least my team is advised on and aware ? Ya very simple. Drug dealer will also advise client the risk of taking heroin. Would you borrow from ah long given it has been under BNM alert list ? After understanding the risk x return ratio, is their choice to put in money or not. And the people who put in money are the people who are willing and can afford to lose it if it goes sour. Weather are you in the same situation or not, is a different story. After understanding the risk x pleasure ratio, it their choice to take the drug or not And the people who buy are the people who are willing and can afford to lose their life They know their risk. So they take their own responsibility. Drug dealers have explained to them very clearly. If they still want to take the drug, who is there to stop them, right ? |
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Jul 8 2014, 03:19 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Jul 8 2014, 03:15 PM) Ya very simple. Drug dealer will also advise client the risk of taking heroin. Yes After understanding the risk x pleasure ratio, it their choice to take the drug or not And the people who buy are the people who are willing and can afford to lose their life They know their risk. So they take their own responsibility. Drug dealers have explained to them very clearly. If they still want to take the drug, who is there to stop them, right ? Thats why you can buy drugs off the shelve in certain parts of the world right ? By the way, I dont think you can weigh life vs money the significance of importance is way too absurd.You only have 1 life, YOLO But you can have infinite money as long as you have the means to earn it Losing 1 life = game over Losing RM10k = Start from level 1 By the way, the people who are signing up in this forum are also getting advice FROM YOU GUYS as well, hence is not just the drug dealer telling butterfly stories yo This post has been edited by Azurika: Jul 8 2014, 03:21 PM |
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Jul 8 2014, 04:14 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Jul 8 2014, 03:19 PM) Yes As expected, moral is not your concern in the course of making money. I have never seen a "financial advisor" of a scamming company who don't even defend the company's business legitimacy. You tell the client straight up invest in a scamming company at your own risk Thats why you can buy drugs off the shelve in certain parts of the world right ? By the way, I dont think you can weigh life vs money the significance of importance is way too absurd.You only have 1 life, YOLO But you can have infinite money as long as you have the means to earn it Losing 1 life = game over Losing RM10k = Start from level 1 By the way, the people who are signing up in this forum are also getting advice FROM YOU GUYS as well, hence is not just the drug dealer telling butterfly stories yo Macam macam ada in this world |
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Jul 8 2014, 04:23 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(Showtime747 @ Jul 8 2014, 04:14 PM) As expected, moral is not your concern in the course of making money. I have never seen a "financial advisor" of a scamming company who don't even defend the company's business legitimacy. You tell the client straight up invest in a scamming company at your own risk There is only 1 issue in that statement your making, there is no legal evidence or legal law proving it is a scamming company. The closest which comes to it is BNM Alert list, and is not a Black List. Im pretty sure your competent enough to differentiate what is Alert List correct ? Macam macam ada in this world If you have prove, please do share with us from legitimate sources as I would really like to read about it.Until proven guilty officially, I do not see a reason why promoting or defending a legit company is wrong. Cheers. |
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Jul 8 2014, 04:29 PM
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Senior Member
4,258 posts Joined: Nov 2012
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QUOTE(Azurika @ Jul 8 2014, 04:23 PM) There is only 1 issue in that statement your making, there is no legal evidence or legal law proving it is a scamming company. The closest which comes to it is BNM Alert list, and is not a Black List. Im pretty sure your competent enough to differentiate what is Alert List correct ? Bro, until today, Genneva is still a legitimate business if you think along the line of "not guilty until proven" If you have prove, please do share with us from legitimate sources as I would really like to read about it.Until proven guilty officially, I do not see a reason why promoting or defending a legit company is wrong. Cheers. At the end of the day, it is your greed > conscience which leads you to find all sort of excuses to justify their legitimacy If you feel the money you make as the agent for this company is all clean, by all means continue. I am not your father afterall |
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Jul 8 2014, 09:08 PM
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Junior Member
46 posts Joined: Dec 2005
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Guys, after studying Boss Venture, I can further advice you all. They are selling virtual item which is peek credit. Which is very useless if you are not planning to buy anything from BV mall.
Obviously, this company is trying to make you buy useless virtual peek credit and make profit out of it and just share a bit to people who put in money. When will you finish using the peek credits? Can you resell your peek credit? This business will not last long when people realizes this. I am hoping to raise awareness so that such company does not last too long cos the longer it last, the richer the founder will be and more people will suffer later on. Many company appears to be legit before it collapse. If I have extra money to invest, I wouldn't even invest in something that nobody wants (peek credit). This must be a joke selling peek credit. Its like selling my pets spirit. Anybody wants to buy? What if I tell you my pet is very smart and intelligent pet? |
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Jul 8 2014, 11:17 PM
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Junior Member
189 posts Joined: Mar 2009
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Oh this thread still alive.
Azurika sir, kindly post the picture of the bags and other expensive things you bought there, and for how much? Just wanted to drool. |
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Jul 9 2014, 10:25 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(chrommed @ Jul 8 2014, 11:17 PM) Oh this thread still alive. I didnt buy the last batch, unfortunately they were just coach and MK.Azurika sir, kindly post the picture of the bags and other expensive things you bought there, and for how much? Just wanted to drool. |
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Jul 9 2014, 10:28 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(lilcool @ Jul 8 2014, 09:08 PM) Guys, after studying Boss Venture, I can further advice you all. They are selling virtual item which is peek credit. Which is very useless if you are not planning to buy anything from BV mall. Could you please with your detailed analysis studying the company share with us how long will it last at minimum? A duration, and not a term such as "Company made enough money" Obviously, this company is trying to make you buy useless virtual peek credit and make profit out of it and just share a bit to people who put in money. When will you finish using the peek credits? Can you resell your peek credit? This business will not last long when people realizes this. I am hoping to raise awareness so that such company does not last too long cos the longer it last, the richer the founder will be and more people will suffer later on. Many company appears to be legit before it collapse. If I have extra money to invest, I wouldn't even invest in something that nobody wants (peek credit). This must be a joke selling peek credit. Its like selling my pets spirit. Anybody wants to buy? What if I tell you my pet is very smart and intelligent pet? |
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Jul 10 2014, 08:27 AM
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Junior Member
9 posts Joined: May 2014
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For any experienced BossVenture User, May I know what is "Expired DSI Value" means in Peek credits!? How come my Expired DSI value is jumping quite high now and causes my Balance DSI value to reduce by alot?
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Jul 15 2014, 01:33 PM
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All Stars
15,192 posts Joined: Oct 2004
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QUOTE(Azurika @ Jul 9 2014, 10:25 AM) I didnt buy the last batch, unfortunately they were just coach and MK. QUOTE(briantwj @ Jul 15 2014, 12:50 PM) i dun wan the 1s. I juz click it, to test izit bug. Coz so long stil can buy now. Then it appear in my cart. the items sold there are only "the driver" to hide from piramid system.. it will be soon same as zhang jian's case.when it appear in my cart. I asked who wants it. I give u my account, u log in and key in ur address and pay urself. but no1 believe. So to prove to every1 is wrong, i have to key in my address. And now place order dy. lol. cannot change address dy. |
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Jul 15 2014, 01:50 PM
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Senior Member
879 posts Joined: Oct 2008
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if so good investment..why they don invest everything inside it but let ppl invest I mean the 7% ASB must be got slot now
This post has been edited by rotloi: Jul 15 2014, 01:51 PM |
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Jul 15 2014, 04:31 PM
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Senior Member
7,142 posts Joined: Oct 2008 From: Sin City
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zhang jian's case soon
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Jul 18 2014, 01:49 PM
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Senior Member
585 posts Joined: Jan 2014 From: Fat Sailormoons Island
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My gawd.. How come some people couldn't sniff this out from a mile away.
@showtime747 teach me how to flame. Because seems like i fail at flaming. Keep seeing so many people being duped by scams like this, made me keep thinking of starting my own MLM/Invenstment/BV wadever. Too bad no modal. |
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Jul 22 2014, 02:43 PM
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Junior Member
43 posts Joined: Mar 2013
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"Peek Credits"??? What good are peek credits in the real world?
Why do people pay real money for something virtual, cannot be use, cannot be traded, have no value in the real world???? I am selling IOU slips with no maturity date.. anyone wants to buy? good returns.. Every slip sold will give you a maximum return of 20% based on my highly experienced team of real estate investors world wide. can believe??? |
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Jul 23 2014, 01:37 PM
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Senior Member
585 posts Joined: Jan 2014 From: Fat Sailormoons Island
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Even I could create a website using simple dreamweaver to show that I have Rm10,xxx in my company account, or even 10 millions, due to increment of 500% every month or etc.
But can you withdraw it? No use talking to people who said, why need to withdraw? Let it be in there and gain more money and put stupid emoticons like If you can withdraw out the money in the account, then I will believe and join you directly. Even blue chips only takes 2-3 days to withdraw. Common sense guys, ask the company to bank in to your REAL bank account instead of some c2pid company "bank account" |
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Jul 24 2014, 11:18 AM
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Newbie
1 posts Joined: Jul 2014
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[SIZE=7]hi, all here
i have 2 very good return business plan (with product and with out product) both plans are difference.for those are BV members are more easy to understand.the return of passive income is up to x3 to x4.8 .For active income it is also earning more than BV.pls add my wechat for more detail wechat ID: joe380653 or msg me 0125518403 |
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Aug 6 2014, 08:38 AM
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Junior Member
9 posts Joined: May 2014
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Anyone who has a up line of Arinna Tee Bee Leng has a hard time to survive.
This post has been edited by jackysew: Aug 6 2014, 09:38 AM |
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Aug 6 2014, 10:03 AM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(jackysew @ Aug 6 2014, 08:38 AM) Anyone who has a up line of Arinna Tee Bee Leng has a hard time to survive. If your upline is incompetent, look for the person above |
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Aug 6 2014, 02:55 PM
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Junior Member
9 posts Joined: May 2014
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QUOTE(Azurika @ Aug 6 2014, 10:03 AM) If your upline is incompetent, look for the person above Not about incompetent. Everyone in her downline got cheated by her by opening all the rubbish accounts such which will only favour her. Whenever we open a new account, the new account will be linked with her instead of ourselves. You will be surprise to know how everyone trees under her line looks like. Even the boss Venture Boss is surprise on what she can do.MOST important of all, she will refuse to tell us any new updates if we asked and she asked all the other upline in Malaysia Bossventure not to disturb anyone of her downline. Every old player in Bossventure Malaysia shall know her. This post has been edited by jackysew: Aug 6 2014, 03:00 PM |
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Aug 6 2014, 03:08 PM
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Senior Member
1,721 posts Joined: Oct 2009
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QUOTE(jackysew @ Aug 6 2014, 02:55 PM) Not about incompetent. Everyone in her downline got cheated by her by opening all the rubbish accounts such which will only favour her. Whenever we open a new account, the new account will be linked with her instead of ourselves. You will be surprise to know how everyone trees under her line looks like. Even the boss Venture Boss is surprise on what she can do. And why when she registed any of you guys, none of you open and check your accounts ? The moment you register x account, you already see x amount in your e-wallet statement for the next day.MOST important of all, she will refuse to tell us any new updates if we asked and she asked all the other upline in Malaysia Bossventure not to disturb anyone of her downline. Every old player in Bossventure Malaysia shall know her. It is true what she is doing is very unethical and has happen in various MLM industry, Max Lee was a famous guy for doing this in Penang for ScoreA. However it is also your responsibility to verify those accounts after sign up. I will screenshot all the accounts I register and post it to the members. You can ask those who register with me via LYN how I deal stuff There are loopholes which you are exploit if its within 14 days, however Im sorry for your lost. |
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Aug 11 2014, 09:21 PM
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Junior Member
9 posts Joined: May 2014
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I would like to take the chance to apologise to "Arinna Tee Bee Leng" for making a false statement of being a bad upline in BossVenture. It is me, myself that do not understand the whole situation before making a false complain/statement.
And I also admit that I am always easily influenced by others and in the same time I am always easily emotionally unstable when one is complaining about others. But indeed this is a good lesson for me, this thought me that trust shall not be easily given and judgement shall not be easily made. And always think twice before one act. And yes, it is a great pleasure for me to meet Arrinna Tee today. Her patient of explaining everything in details to me brings me a great feeling of sympathy and sorry towards my mistakes. After given second to third chances for me to self admit, I have finally took the guts out to say the word sorry. "Lao Shi, I really feel so sorry for my misunderstanding, and yes, this is the second time of me hurting your feelings." Negative comments and thoughts towards me, I have self prepared. But admitting my mistakes have brought me a lot of calm and relief! Atleast now I am not afraid to look at my phone now! And yes, SORRY to you once again. You will always be my Best Teacher ever. This post has been edited by jackysew: Aug 11 2014, 11:02 PM |
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Aug 14 2014, 09:25 AM
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All Stars
15,192 posts Joined: Oct 2004
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QUOTE(jackysew @ Aug 11 2014, 09:21 PM) I would like to take the chance to apologise to "Arinna Tee Bee Leng" for making a false statement of being a bad upline in BossVenture. It is me, myself that do not understand the whole situation before making a false complain/statement. haha.... you must be kena brainwashed.And I also admit that I am always easily influenced by others and in the same time I am always easily emotionally unstable when one is complaining about others. But indeed this is a good lesson for me, this thought me that trust shall not be easily given and judgement shall not be easily made. And always think twice before one act. And yes, it is a great pleasure for me to meet Arrinna Tee today. Her patient of explaining everything in details to me brings me a great feeling of sympathy and sorry towards my mistakes. After given second to third chances for me to self admit, I have finally took the guts out to say the word sorry. "Lao Shi, I really feel so sorry for my misunderstanding, and yes, this is the second time of me hurting your feelings." Negative comments and thoughts towards me, I have self prepared. But admitting my mistakes have brought me a lot of calm and relief! Atleast now I am not afraid to look at my phone now! And yes, SORRY to you once again. You will always be my Best Teacher ever. |
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Aug 14 2014, 09:48 AM
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Senior Member
585 posts Joined: Jan 2014 From: Fat Sailormoons Island
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QUOTE(jack2 @ Aug 14 2014, 09:25 AM) haha.... you must be kena brainwashed. Kalo x. Camne tipu his money? |
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Aug 14 2014, 03:30 PM
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Senior Member
1,305 posts Joined: Dec 2008
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how long bossventure had been running now?
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Aug 15 2014, 09:41 AM
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Senior Member
585 posts Joined: Jan 2014 From: Fat Sailormoons Island
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Quite a while i think. This company seems legit. At least its not dream/travel venture etc.
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Sep 10 2014, 08:23 PM
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Newbie
3 posts Joined: Apr 2014
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Any Good News abt Boss Venture Now ? Thanks
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Sep 11 2014, 10:57 AM
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Junior Member
223 posts Joined: Nov 2013 From: Somewhere You Can't Go
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QUOTE(jackysew @ Aug 11 2014, 09:21 PM) I would like to take the chance to apologise to "Arinna Tee Bee Leng" for making a false statement of being a bad upline in BossVenture. It is me, myself that do not understand the whole situation before making a false complain/statement. Arinna must have so pretty amazing brain washing technique. Mind sharing? And I also admit that I am always easily influenced by others and in the same time I am always easily emotionally unstable when one is complaining about others. But indeed this is a good lesson for me, this thought me that trust shall not be easily given and judgement shall not be easily made. And always think twice before one act. And yes, it is a great pleasure for me to meet Arrinna Tee today. Her patient of explaining everything in details to me brings me a great feeling of sympathy and sorry towards my mistakes. After given second to third chances for me to self admit, I have finally took the guts out to say the word sorry. "Lao Shi, I really feel so sorry for my misunderstanding, and yes, this is the second time of me hurting your feelings." Negative comments and thoughts towards me, I have self prepared. But admitting my mistakes have brought me a lot of calm and relief! Atleast now I am not afraid to look at my phone now! And yes, SORRY to you once again. You will always be my Best Teacher ever. |
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Sep 19 2014, 11:51 AM
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Junior Member
43 posts Joined: Oct 2008
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Currently, the investors have problem with withdrawal. They cant withdraw their money since august. Luckily i've gotten back my capital sice may. And most lucky, i'm passive investor with no downline under me. Let see what happen in near future.
and one need to sell their credit from wallet to other new investor to get their money since the company is no more capable paying them (old investor) their incentives.. peace This post has been edited by k-oi: Sep 19 2014, 12:09 PM |
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Sep 19 2014, 01:34 PM
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Junior Member
189 posts Joined: Mar 2009
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that went faster than i expected. i thought early next year baru bungkus.
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Sep 19 2014, 05:23 PM
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Senior Member
5,469 posts Joined: Jun 2008
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genneva v2? well, who cares... bank started up this way too. back then, where can u earn 3% by just depositing ur money?
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Sep 23 2014, 10:51 PM
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Senior Member
990 posts Joined: Jul 2007
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i want to invest. i want to join.. how to contact them ? any reseller here ? pm please.
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Sep 24 2014, 09:08 AM
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Senior Member
1,305 posts Joined: Dec 2008
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all mlm scheme only can running for a few years...after that will be non operational because no one want to pump in money for the company anymore..
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Oct 16 2014, 08:00 AM
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Newbie
1 posts Joined: Oct 2014
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Anyone know what is happening to bossventure ?????
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Oct 16 2014, 09:09 AM
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Junior Member
189 posts Joined: Mar 2009
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QUOTE(lamb2004 @ Oct 16 2014, 08:00 AM) Anyone know what is happening to bossventure ????? i think u know oredi the answer. |
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Oct 16 2014, 11:50 AM
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Senior Member
1,305 posts Joined: Dec 2008
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so finally bossventure collapsed early than my expectation...hmm i wonder what will happen to those who enter this scheme within last few month...did they already get their profit or not...
This post has been edited by haziqnet: Oct 16 2014, 11:51 AM |
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Nov 21 2014, 11:55 AM
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Junior Member
43 posts Joined: Mar 2013
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a few simple questions which people don't ask when they encounter such schemes...
1. Why am I so lucky to be chosen to participate in this scheme? 2. How do they make money to pay me? 3. Why it is always must wait a few months before can withdraw? |
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Nov 21 2014, 10:33 PM
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All Stars
15,192 posts Joined: Oct 2004
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QUOTE(lamb2004 @ Oct 16 2014, 08:00 AM) Anyone know what is happening to bossventure ????? QUOTE(haziqnet @ Oct 16 2014, 11:50 AM) so finally bossventure collapsed early than my expectation...hmm i wonder what will happen to those who enter this scheme within last few month...did they already get their profit or not... Collapsed? Really?Where are those forumers who talked big here? Come |
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Nov 28 2014, 06:04 PM
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Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(jack2 @ Nov 21 2014, 11:33 PM) Collapsed? Really? They all busy with their new financial freedom n enjoying life....no time entertain peasent like us bro...Where are those forumers who talked big here? Come All sudah become millionaire edi... |
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Nov 28 2014, 11:02 PM
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Junior Member
17 posts Joined: Nov 2011
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sound funny lol
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Nov 29 2014, 01:01 AM
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Senior Member
5,614 posts Joined: Jun 2006 From: Cyberjaya, Shah Alam, Ipoh
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QUOTE(bizer886 @ Feb 25 2014, 08:10 PM) I'm the 1 of those ppl who join this bizz..and My wife went to the 3rd aniv dinner...know what ...she met 1malay girl...and this girl earn 20k/week ..and she is 21 ....and aunty who dunno IT earn 500k/month ....all the success boss..and I'm soo ' terbakar ' with That.....i wanna like then to.... Hi boss...can i be ur downline? Seems like u millionaire already...what car u drive now? When can meet?And remember to all...this is Not investment or saving....we get profit from purchasing....please who advertise this...dun misunderstanding this fact...this kind of missunderstanding Make our bizz on BNM list... Psst: who want join juta PM me |
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Nov 29 2014, 05:12 PM
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Junior Member
21 posts Joined: May 2013
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QUOTE(Azurika @ Apr 5 2014, 11:55 PM) Every industry employs workers who trades their time and freedom for $, which makes their boss richer. Which industry does not follow this simple rule of thumb ? Hi Azurika, Even banks who are legal loan sharks follow this rule which makes them richer. I do not see any successful business/company that does not leverage. May i know if lets say i invested in BV but i withdraw before the maturity date.Do you have a chart which says the exact sum i should be withdrawing? And you cab only withdraw once weekly right? |
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Dec 11 2014, 12:25 PM
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Senior Member
585 posts Joined: Jan 2014 From: Fat Sailormoons Island
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E-wallet & E-credits my gawd. These MLM really do come up with all sorts of products.
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Jan 20 2015, 06:46 PM
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Junior Member
56 posts Joined: Nov 2007
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i wanna lodge a complain suddenly my email is register and receive a login username and password and im like WTF
i didnt try the login to see wat is it afraid there some spyware or back door. any sifu can advise |
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Feb 25 2015, 10:58 PM
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Senior Member
5,529 posts Joined: Oct 2007
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QUOTE(krixko @ Jan 20 2015, 06:46 PM) i wanna lodge a complain suddenly my email is register and receive a login username and password and im like WTF it's like a phishing you mean?i didnt try the login to see wat is it afraid there some spyware or back door. any sifu can advise |
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Mar 15 2015, 07:20 PM
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Junior Member
18 posts Joined: Mar 2015
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QUOTE(haziqnet @ Oct 16 2014, 12:50 PM) so finally bossventure collapsed early than my expectation...hmm i wonder what will happen to those who enter this scheme within last few month...did they already get their profit or not... Two owners on body guard watch list. Always go around with body guard. Don't dare to meet for lunch in open public place. Call owners of boss venture, look like not boss anymore. Deny boss status. More on the run and avoiding discussing repayment. Still try to buy time say going listing. Can company go listing when they can pay their creditors and merchants? I wonder what stupid answer they are pushing for the members to digest? |
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Mar 15 2015, 07:24 PM
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Junior Member
18 posts Joined: Mar 2015
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BV Mall did one big promotion. Go korea. Sell pins and when collect enough............cancel korea trip. What a blatant cheat they are.
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Mar 15 2015, 07:25 PM
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Junior Member
18 posts Joined: Mar 2015
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They change payout so many time. Richard has not respect for members. From 7 times to 4 times and no times. And now no news of the bv consortium that was formed with questionable objectives. A company operating in a company? Deem illegal?
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Mar 15 2015, 07:32 PM
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Junior Member
18 posts Joined: Mar 2015
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QUOTE(max_cavalera @ Nov 29 2014, 02:01 AM) Hi boss...can i be ur downline? Seems like u millionaire already...what car u drive now? When can meet? Wow.. Where got so stupid get profit from purchasing? normal business rule is to make profit from selling product or goods. What bv mall get people to do is to load up with peak credit and merchant license. Which you don't need. You only need on to operate a virtual mall to sell. But by getting you to load, you end up with license that you don't need. That is loading. Look it did not work before, why should it work this time? Many people did not get paid for their profits. Now waiting for repayment of their capital. BV CONsoritum says they are on LIFO basis to get repayment. But behind the scene, you have no way to check if the LIFO is complied with. They could be just paying their own people or family member. So how ? If you don't take action, you have to say bye bye to your money. |
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Mar 18 2015, 07:58 PM
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Senior Member
677 posts Joined: Sep 2006 From: PJ / KL
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Is this company still going strong?
I just had someone try tp convince me to join.... |
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Mar 18 2015, 08:12 PM
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All Stars
48,519 posts Joined: Sep 2014 From: REality
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QUOTE(jmunchar @ Mar 18 2015, 07:58 PM) Is this company still going strong? see Post #357 I just had someone try tp convince me to join.... |
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Mar 27 2015, 07:17 PM
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Junior Member
40 posts Joined: Mar 2015
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BV Mall last round before crashing was to sell pins at old price before new price kicks in. They have promotion promising korea trips. They collected millions but did not honor their commission payout and korea trips. they are still around doing the same business but so many gullible people believe in keeping quite and hoping new members will come in to bail them out.
Any members that are taking action, are warn that their accounts will be frozen. And any repayment will be delayed. They will fight them in court. Out of fear, the members submit quietly. In reality, the fear should be the other way round. BV Mall should fear legal action taken on them and winding them out. And if there is valid grounds of wrong doing, let the police and court takes it course. BV Mall should be afraid if they run foul law. ANd they will have to quickly pay up before it gets there. Not members fear them that they will run. Justice is always there to protect the victims. And this case, BV Mall is not the victim. Members is the victim. Getting your money back is your right. |
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Mar 27 2015, 07:32 PM
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Junior Member
40 posts Joined: Mar 2015
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Got this from BV Mall email forum where one stupid member says BV Mall is not crooks because they did not run and still trying to do buiness
Bernard Madoff who was convicted of the largest Ponzi scheme fraud in history in 2008 is not a crook. He took USD18Billion from investors over the course of 40 years. Many people suffered but non stop Bernard Madoff who in your mind is not a crook. He used success stories investors from earlier years to reap more cash for himself from new investors at later years. Stayed lavish hotel, dine and wine the best of the best restaurant. Fly 1 st class and private jets. Lavish sports cars and boats. He is not a crook. And many people are hurt because many supported him and gave him more time to do again and again what he does best by simply recognizing the fact that he did not run and stayed on for 40 years. FORTY YEARS. He is not a crook. Forty Years |
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Mar 29 2015, 03:33 PM
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Junior Member
40 posts Joined: Mar 2015
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BV Mall still going around trying to restart its business. But with the same old broken integrity. Did not pay old members their money. paying on LIFO and still smarting around with legal action on members and withhold payment if they take them to court.
Proof in the pudding........... pay up if you real and honest. |
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Mar 29 2015, 03:37 PM
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Newbie
3 posts Joined: Mar 2015
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Report a Fraud or Get Help
If you have any information pertaining to illegal financial schemes, or are a victim of such schemes and want to seek advice, you can directly contact our Customer Service Centres: BNMTELELINK (Call Centre) Tel.: 1-300-88-5465 (1-300-88-LINK) Fax: 03-2174 1515 SMS to 15888: BNM TANYA [your report / query] Email: bnmtelelink@bnm.gov.my Operating Hours: 9.00 a.m. - 5.00 p.m. (Monday - Friday) BNMLINK (Walk-in Centre) Ground Floor, D Block, Bank Negara Malaysia, Jalan Dato' Onn 50480 Kuala Lumpur Operating Hours: 9.00 a.m. - 5.00 p.m. (Monday - Friday) Terms of Use | Privacy Statement | Disclaimer Copyright © 2010 Bank Negara Malaysia. All rights reserved. |
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Apr 2 2015, 04:08 PM
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Junior Member
40 posts Joined: Mar 2015
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It is a matter of time the owners will face the music. You can fool some, but you cannot fool everyone.
If investment scheme clearly offers investment opportunity by collecting deposits from the public and investors are promised investment returns/profits within a certain period of time, whereby the original investment will be refunded or in other words if a company appeared to be involving in illegal deposit taking by using internet mall to camouflage its activities, it maybe contravene section 137 Financial Services Act 2013 (FSA). We have investigated and charged numerous instances involving companies having illegal deposit-taking and trading in gold as their underlying products that might contravene Section 137, FSA. For your information, we also monitor these activities very closely and we will not hesitate to conduct investigations should a company appears to be involved in illegal deposit-taking using gold to camouflage its activities. |
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Apr 6 2015, 10:07 PM
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Junior Member
40 posts Joined: Mar 2015
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http://www.sc.com.my/list-of-unauthorised-...es-individuals/
Have a look at the category B of this SC List. List of unauthorised websites / investment products / companies / individuals not authorised nor approved under the securities laws to deal in securities, trade in futures contracts, advise on corporate finance, provide investment advice, financial planning and/or fund management services related to securities or futures It is a matter of time the law will catch up. |
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Apr 11 2015, 05:00 AM
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Junior Member
40 posts Joined: Mar 2015
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Many merchants not paid. Many making police report and some getting debt collector Many felt cheated by the promise made by the two owner. Richard Lim and Billy Lee that their compensation wont over pay. They were never interested in the product sales. They were more interested in marketing their online mall. But their pull factor is the compensation plan that promise good return. Thus got many to stack up their stocks of online mall that they don't use. They only need one mall to market their product. Thus it is a disguise to pretend promoting online mall but when actually there are MLM and money game. The do not have MLM license. Not registered But they are in Security commission list as illegal and Bank Negara watchlist |
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Apr 12 2015, 02:37 AM
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Junior Member
40 posts Joined: Mar 2015
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Fancy seeing the two owner of BV mall meeting the same faith like these Ufun money game company.
Selling BV Online mall (many) to one member. When the poor member only need one to place his produce to sell. It is not the product they sell. It is all about the license disguising money game in play. Attached thumbnail(s) 
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Apr 12 2015, 02:38 AM
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Junior Member
40 posts Joined: Mar 2015
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This should quickly take place in Malaysia too.
Attached thumbnail(s) 
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Apr 13 2015, 06:31 PM
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Newbie
4 posts Joined: Jul 2012
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So what is the latest update of this ponzi bossventure for old reseller? Shit.. I am an old reseller, please advise me what kind of action should i do? Wait like idiot, or any sifu to advise what action to take. Taking back my capital is already all good to me. Thank you.
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Apr 15 2015, 07:01 PM
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Junior Member
40 posts Joined: Mar 2015
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QUOTE(bronks5 @ Apr 13 2015, 06:31 PM) So what is the latest update of this ponzi bossventure for old reseller? Shit.. I am an old reseller, please advise me what kind of action should i do? Wait like idiot, or any sifu to advise what action to take. Taking back my capital is already all good to me. Thank you. The two jokers (owner of BV) trying to float a dead horse with another new co who has no track record. Combine there are new co with sexy story to con more people of money. Just wait and see how the laws will catch up to them. Regulators of stock exchange are not blind. |
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Apr 15 2015, 10:25 PM
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All Stars
48,519 posts Joined: Sep 2014 From: REality
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QUOTE(Single Mother @ Apr 15 2015, 07:01 PM) The two jokers (owner of BV) trying to float a dead horse with another new co who has no track record. Combine there are new co with sexy story to con more people of money. Just wait and see how the laws will catch up to them. Regulators of stock exchange are not blind. company name? |
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Apr 18 2015, 01:45 AM
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Junior Member
40 posts Joined: Mar 2015
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QUOTE(nexona88 @ Apr 15 2015, 10:25 PM) company name? They wont reveal yet. For fear that we report them. They must be doing hell of a good con job in getting listing to any exchange that would accept them. Imagine if a company has no debt to pay it debtors (Merchants not to mention members) can go listing, what is the worth of the exchange for having such companies ?would you put money ? Would you put money on a company that play with financial wizard Houdini ............. combining their pass glorious historical numbers that cannot be sustain with a new co that has no historical results to con innocent investors, would you invest in two weak companies combine together to look good. You will know soon one has no sustainability and is dragging the other down. |
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Apr 23 2015, 01:02 AM
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Junior Member
40 posts Joined: Mar 2015
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Reported in Star paper on UFUN............. bv mall has similar model. Instead of u coin, they have virtual mall software that is use as the commodity to stack up the money game.
It is a matter of time, BV Mall Owners will have the same faith. KUALA LUMPUR: A businessman Datuk wanted by Thai police for allegedly cheating more than 100,000 people across the globe is claiming his innocence in a YouTube video. In the over eight-minute long video, the man claiming to be Datuk Daniel Tay (pic) denied allegations that his company was involved in fraud. He said he was also willing to cooperate with Thai authorities, adding that he respected the law following a crackdown at the company’s offices in Thailand. “We will cooperate with the Thai government and provide the necessary information needed to clarify that we are innocent,” he said in the video, which was published on April 13. Businessman Datuk sought by Thai cops denies allegations Tay also vowed that the company would continue, saying that the business had been operating for more than two years and had over 10 offices worldwide. “We have no intention to cheat our members’ hard-earned money. “I advise our members in Thailand to stay calm at the moment,” he said. He said although the company UFun Thailand’s account had been frozen temporarily, he gave an assurance that it would be paying its members’ withdrawals. “The company will not reject any (application for) withdrawal unless in special cases like technical problem or lack of information or manpower,” he said. In the video, he also drew comparisons between UFun’s operations with that of other international companies, adding that anything new would need time to be accepted by the public. Last week, Thai police detained three suspects after a series of raids, seizing some 250 million baht (RM28.13mil) worth of assets that were said to be linked to Ufun. A check by The Star at UFun’s office in MidValley here shows it to be empty with many notices left at its door. Bukit Aman Commercial Crime Investigations Department deputy director (intelligence and operations) Senior Asst Comm Datuk Jalil Hassan said Thai police had yet to contact his department. |
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Apr 23 2015, 01:06 AM
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Junior Member
40 posts Joined: Mar 2015
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Thai police track ‘Datuk’, two other Malaysians over illegal pyramid scheme
GEORGE TOWN: Thai police are hot on the heels of three Malaysians including a “Datuk” who are alleged to have cheated some 100,000 people worldwide, including thousands of Thais, of some 20bil baht (RM2.25bil) through a pyramid scheme. Royal Thai Police are currently looking for the people behind UFUN Store Co Ltd, including the business’ 40-year-old executive chairman “Datuk Daniel” and its two directors, aged 38 and 42. The Nation reported that arrest warrants were issued came following a police raid at the company’s headquarters in the Bang Na district in Bangkok recently. Four company’s executives, aged 34 to 40, were arrested recently on charges of embezzlement, the Thai daily reported. It also quoted Assistant National Police chief Lt-General Suwira Songmetta as saying that authorities had confiscated a number of computer servers from the head office and that many documents that could be used to link the executives to the scam were found. Luxury cars including a BMW i8, designer handbags and luxury watches were also confiscated. On Thursday, police arrested the company’s accountant while she was in the midst of fleeing to Laos. The Nation reported that the woman told police that she tried to quit the business after noticing irregularities and informed other members of her suspicions. UFUN then suspended her account and she could no longer conduct any transactions or withdraw money. Thai police also discovered that the woman had purchased a house in the Bang Khen district worth at least 24mil baht (RM2.6mil) and a Toyota Alphard. In an official video posted on the Utoken Forum page, “Datuk Daniel”, with two gold coloured pyramids on his table, claimed that he is now in Kuala Lumpur. “We have been in the market for more than two years, not a newly set up company. The company would’ve been in trouble much earlier if we were really cheaters. “UFUN has more than 10 offices worldwide and members from more than 80 countries. We have no intention to cheat our members’ hard earned money. “We are ready to cooperate with the authorities and the Thai government and provide information needed to clarify that we are innocent,” he said in the video. He added that UFUN was in a “transformation period” now as new business models in the market were difficult to be accepted by the government and authorities. He also claimed that he would try his best to pay back the members. A check on the company’s official website showed that it had since been suspended. Penang Commercial Crime Investigations Department chief Asst Comm Azmi Adam when contacted on Saturday said no reports over UFUN Store Co Ltd have been lodged in Penang so far |
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Apr 26 2015, 08:19 AM
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Newbie
4 posts Joined: Jul 2012
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QUOTE(Single Mother @ Apr 15 2015, 08:01 PM) The two jokers (owner of BV) trying to float a dead horse with another new co who has no track record. Combine there are new co with sexy story to con more people of money. Just wait and see how the laws will catch up to them. Regulators of stock exchange are not blind. Hi Single Mother. Hmm so the only thing i can do now is wait first right? Damn.. been waiting for almost 5 months already due to the shit of old reseller new reseller story.. |
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Apr 28 2015, 07:35 PM
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Junior Member
40 posts Joined: Mar 2015
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QUOTE(bronks5 @ Apr 26 2015, 08:19 AM) Hi Single Mother. Hmm so the only thing i can do now is wait first right? Damn.. been waiting for almost 5 months already due to the shit of old reseller new reseller story.. Bronks5Don't wait. Best take legal action of seek debt collector help. Wait is not an option. You end up with small share of junk shares. And it is a cheating case, if they swap you entitlement with something you never contract or agreed to. Just imagine, you buy a BMW. They show up and say the company that took your money now is not financially strong. They only take care of new customers. Future customers. You are consider an old customer and you have no choice but to take a third hand old junk. Proton with out an engine. And by the way, this car does not come with wheels. Take it of leave it. If you complain, we take legal action on you. If you report police, we ignore you and put you on wait list. We are big and we have legal means to delay you. This is day light robbery. This two jokers are capable of doing this with their eyes open. No honor and shitty person they are. Since they are dead sure can list, surely they wont let winding up judgment to stop them from listing. They rather pay to keep their listing afloat. Go for profit plus capital if you use the legal option. |
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May 6 2015, 11:00 PM
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Junior Member
40 posts Joined: Mar 2015
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SHIT
They are also listed in SC.Not licensed by the SC to conduct capital market activities. See B category http://www.sc.com.my/list-of-unauthorised-...es-individuals/ |
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