Note: I'm living in Australia.

Its very suspicious company because i couldn't questions and i couldn't get proper answers if i questions. Hope this will help.

This is a link of Thailand forum.

http://www.thaivisa.com/forum/topic/758346-utokens/

that's either a very job to make a bank website or the bank is a pretty sh*tty bank.

hmmmmm no comment la

This post has been edited by mynnDAWG: Jan 17 2015, 12:44 PM

Hi fren,

Just to share and clear your doubt.
I join ufun a year ago September 2013..and never share with ppl about this program.
Honestly that time I not 100% believe the system but join to support fren.
I never check the account until August 2014 , just check after my fren told me the price already increase to usd0.90++ per unit.

I invest rm3800 on sept 2013, by September 2014, I got rm32,600.00.
Already withdraw rm12k, now waiting payment for balance. Withdraw all profit
So far it work for me..not sure others ppl.

If you believe and dare to take the risk, go for it.
I not trying to said this is legal so decide yourself.
Maybe it's work now, don't know future.

Do pm me if you want prove for payment..
I hardly login here so expected delay on reply.

Cheers
Aiza

This post has been edited by eijazz: Oct 11 2014, 07:29 PM

This is a very high risk investment. If you're ready to lose your money, but for a chance to get a very high return like above mentioned, then it's your choice. Just remember anything happen it's your choice. BNM can't do anything about it.

Agreed..high risk high return but don't join if u hv heart attack
Don't put everything u have for program like this.
Same me, I just invest how much I can lost..

Good luck all..

The best is stay away for this kind of "investment", especially so called "get rich quick schemes".
In Forex trading already have bunch of cheater pyramid out there, take care, invest smart.

http://www.bnm.gov.my/index.php?ch=en_financialconsumeralert

No.166 Ufunclub
http://www.bnm.gov.my/documents/2014/20140725_FCA_EN.pdf


if you understand chinese
https://www.facebook.com/Combatingillegalpyramidscheme

This post has been edited by zDarkForceSz: Oct 11 2014, 09:07 PM

This is not high risk investment, it is a ponzi scheme, only those who are at higher level can get back or earn money.

PM me for proof

Ponzi are also an investment, and the high risk was referring too the CEO can anytime vanish without a trace with all the cash, but before he does that, he will make sure to pay the members according to the marketing plan. It is up to you whether you are ready to lose your money in exchange for a chance to get hefty returns. In the end it's your money, we can only advice.

Beginning sure got people earn money.

But when the boss want to stop after he had earn alot of money, those remaining will be gone.

This post has been edited by bcteh: Oct 16 2014, 03:23 PM

Luck is what happens when preparation meets opportunity.”


― Seneca


1.Today without seeing ample result and evidence, you say it is a scam and perhaps may have elusive and fickle facts which borders on ambiguity between what is true and false. Yes your perception may be true, but whether you are right or wrong in proving this otherwise will not give you answers. I for one am very sceptical especially if it involves MLM or a pyramid scheme. But i decided to join this Utoken knowing that at the end of the road, i have a calculated opportunity to a very high returns,or poorer by the amount of investment i made.

2.But here is the thing, in the event that it turns out to be a debacle and in which many of my friends will say, "i told you so". I have no regrets for i know, with my attitude & position to risk, i may get somewhere someday without the scepticism and pessimism that withholds my decision to do certain things like many of you as it does to me.

3.But if it turns out that i have earned a hefty profit, & somewhere down the line it tumbles and falls & turns out to fail anyway. Your answer will still be "you just got lucky and you might have been one of the first few 100 lucky people". Again your sense of scepticism may once again deter you from the very thing that may be stopping you from achieving goals and perhaps the leap that may differentiate you from the poor and the rich.

4.Now if it does turn out to last much longer, & many people seem to reap a lot of profit and now it seems relatively safe to maybe strongly consider joining, will you still join? will your self pride and prejudice allow you to alter from the other side of the fence this side? the answer will most likely be a no. Because then your argument will be " aiya its too late to join already 2 years sure going to die soon".

5.Now my point in all this elaboration, that sometimes, along the line of what we call life, is that you should take some risk and chances. Of course within reason or acceptability. Now some people may just understand and see the opportunity, others, no matter the amount of facts and figures you show, will never be enough, for humans are generally designed to question and find fault. Even toddlers can be critical and tell what is wrong, but it takes a different individual with different qualities to tell what is right.

6.I have made a huge amount of research into this UToken after joining it.(Yes , i joined first & asked questions later due to an immense trust i have for a friend of mine). And out of that abundance of research, my scepticism of for example their bank website which, yes has been done very amateurishly, and a lot of other faults that i could find with the desire to find something wrong with the system which may perhaps put my investment in jeopardy.

7.After all the findings, i realise that the a few simple reasons the system will continue to thrive, is not only that it involves many powerful rich individuals that have invested into this & have interest in it to ensure the system survives, is that the greed for more and more money pouring in will supersede and mitigate any risk for at least the first 2 to 3 years.

7A. The cycle has gone up to 1 USD with consistent effort along the way by the company to maintain the market trade by implementing rules and regulations to ensure that the system is still in tact & that the rich ones with a lot of Utoken is not able to abuse the Trade system. Why would the company do that? i wondered, why not just run away with that 30 or 50 Million USD you have in hand? Why continue the sham(if it is) and allowing people to take their investment & cash out?. Why continue the cycle again from 0.10USD? I think it relates back to point 7.


8.There is also other reasons for the system to work, which i will not elaborate on as i have already typed i think an essay worth of notes.


9.Will you be the person that watches, observe, evaluate risk & cost, while others make money, or will you be the one making money & exiting once you have made sufficient profit, while others tell you that its just "luck" and that you got lucky.



What is the amount im earning? It entirely depends on the individual, honestly i have made about RM10k by myself if i were to exit now. But im looking at a timeframe of another 1 to 2 years before this system may fail, so it depends on you, how much you want to earn and how much are you willing to risk. By the end of next month im looking at another rm 30k. But if i wait till end of the year im looking at 150k. mid next year maybe even 300k. But of course by then you will be calling me the lucky ones for joining early. Will this happen? who knows, maybe it wont and i end up losing my investment. But if its the other way around at least i wont have to beat myself and bang the wall saying why the &%^*&^# didnt i just try!


Also take note i have not done ANY RECRUITMENT.


Contact me if you are really interested in what may or may not change your life, as for me, the choice has been made.

Here is the latest warning from Securities Commission Malaysia (SC)


List Of Unauthorised Websites / Investment Products / Companies / Individuals

http://www.sc.com.my/list-of-unauthorised-...es-individuals/




This post has been edited by woodlandsmrt: Oct 24 2014, 03:58 AM

Hi,

It's also the same as Mobile Wallet.
Sure they have bank cert to support.
Sure they open office in many parts of Malaysia.
Sure earning money early stage.

But in the end, vanished with all the investment and you cannot do anything about it.

This topic make me wanna to activate my keyboard in this forum..

What ever scheme may exist, when u re among the first participant, then its good..
At least balik modal or get profit before the scheme getting into trouble..

However, the trust among your network will be questioned in the future...

Good luck investor or funder...

Hi,

Please refer to below special announcement by the bank that UFUN has mainly utilized it as way of gaining credibility.


Sorry for those cannot read Chinese.

Anyone wants to translate?  ____________2014_10_13.pdf ( 289.52k ) Number of downloads: 276


http://www.udbpbank.com/ch/index.php





This post has been edited by kreak17: Oct 30 2014, 10:23 AM

Here is my understanding of their system.

UFUN Club is an investment company.

UFUN Store is under UFUN Club that deals with e-commences using UTOKENs.

UTOKENS can only be use in UFUN Store and other partnership that also accept UTOKENS.



My question is :

Who validate the value of UTOKENS so as to use the same as currencies?

My question

Who validate the value of bitcoins so as to use the same as currencies?

bank website olso can be under construction ker?