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!..
Boss Venture
Feb 27 2014, 11:52 AM
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