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 UFun Club, what is it all about? Legit investment?

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TSJaroque
post Mar 4 2014, 04:58 PM, updated 12y ago

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I've been approached to invest money with minimum of RM1750 on this thing called, UFUN Club? All i know is they have an office situated in MidValley...but they have no official websites or anything that actually state what they can do. I have also seen some other er...malay blogs...all advertising it but, they seem rather low quality from the sense of advertisement thus making it rather...not viable?

I hope got anyone who knows anything about this can tell me more thank you
Nidz
post Mar 4 2014, 05:25 PM

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My personal view, I will stay away from this kind of 'investment'. I will only invest in what I know.
nakedtruth
post Mar 4 2014, 06:23 PM

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can elaborate more?
what type of investment? what is the return?
at least can create awareness here.
TSJaroque
post Mar 4 2014, 06:33 PM

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QUOTE(nakedtruth @ Mar 4 2014, 06:23 PM)
can elaborate more?
what type of investment? what is the return?
at least can create awareness here.
*
dat the thing, i have no idea at all how the scheme also. Online check reveals very vague investments which link to Sabah One Borneo group ..

user posted image
user posted image

I have no idea what all this means, but i just know my friend's father kena invite join this thing and then his putting some money into it terus wor..... all tell him sure earn sure earn. How? zzzz

And what is Legal E-Saham? lolz

This post has been edited by Jaroque: Mar 4 2014, 06:42 PM
ShinG3e
post Mar 4 2014, 09:04 PM

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QUOTE(Jaroque @ Mar 4 2014, 06:33 PM)
dat the thing, i have no idea at all how the scheme also. Online check reveals very vague investments which link to Sabah One Borneo group ..

user posted image
user posted image

I have no idea what all this means, but i just know my friend's father kena invite join this thing and then his putting some money into it terus wor..... all tell him sure earn sure earn. How? zzzz

And what is Legal E-Saham? lolz
*
the way they design the thing look's like illegal to me.
TSJaroque
post Mar 5 2014, 12:56 AM

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QUOTE(ShinG3e @ Mar 4 2014, 09:04 PM)
the way they design the thing look's like illegal to me.
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i know right hmm, dats why i wana find out more and see if got ppl ever been in this thing
yugimudo
post Mar 5 2014, 09:40 AM

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Same shet different colour and smell, but still shet.

http://en.wikipedia.org/wiki/Ponzi_scheme

http://pyramidschemealert.org/PSAMain/news...HitbyPonzi.html

This post has been edited by yugimudo: Mar 5 2014, 09:41 AM
iamsteffin
post Apr 15 2014, 12:56 AM

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My friend just started to invest in this thingy. Out of my curiosity and worries, I have done some research on this thing but I can't get much information about UFun this company. However, I was told about the Bangkok Marina Resort & Spa thingy as users who collects until certain number if tokens are allow to redeem a unit of the Bangkok Marina Resort & Spa. Correct me if I'm wrong. I have done some research on this resort and my finding is UFun Group is really joint ventured with a major developer company in Malaysia call Bina Puri Holdings Bhd and another Chinese Businessman for this project.

http://www.thestar.com.my/Business/Busines...ok-resort.aspx/

I am just helping my friend in making sure this thingy is not a scam as I am kinda worried cause he invested kinda a big amount of money in it. Please do also share any information or feedback on this thingy.
Kaka23
post Apr 15 2014, 07:07 AM

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QUOTE(iamsteffin @ Apr 15 2014, 01:56 AM)
My friend just started to invest in this thingy. Out of my curiosity and worries, I have done some research on this thing but I can't get much information about UFun this company. However, I was told about the Bangkok Marina Resort & Spa thingy as users who collects until certain number if tokens are allow to redeem a unit of the Bangkok Marina Resort & Spa. Correct me if I'm wrong. I have done some research on this resort and my finding is UFun Group is really joint ventured with a major developer company in Malaysia call Bina Puri Holdings Bhd and another Chinese Businessman for this project.

http://www.thestar.com.my/Business/Busines...ok-resort.aspx/


I am just helping my friend in making sure this thingy is not a scam as I am kinda worried cause he invested kinda a big amount of money in it. Please do also share any information or feedback on this thingy.
*
So is this a scam?
Azurika
post Apr 15 2014, 11:00 AM

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Paper sign joint venture ? Or just show face joint venture ?
Who are you paying the $$ to as an investor ? UVenture ? Or sister company ?
Who is paying you back the $$ ?
High chance the company which joint venture, is not the company which is in the scheme. The investment scheme could be created as another project, but using this big joint venture as a leveraging system.
davinz18
post Apr 15 2014, 03:52 PM

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I'm no expert, but it's seem like scam to me hmm.gif
anyway why not check BNM if this scheme is indeed legal & approved icon_rolleyes.gif


Manuk1188
post Apr 15 2014, 04:19 PM

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There is no Free Lunch in this world...
(Think about it)

Mana ada such thing is (Sure Invest, Sure Untung)
Skidd Chung
post Apr 17 2014, 05:30 PM

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At this day and age of internet connectivity, education and awareness, I'm just so surprised people are still falling for this shit. doh.gif


drivenheat
post Apr 17 2014, 10:30 PM

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my friend has show me about it..
they have their own online store..
http://www.ufunstore.com/
also several web for it..
chickidot here http://www.ufunclubs.com/

zamans98
post Jun 1 2014, 03:06 PM

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wow, jual sabun a piece RM57?

Beli kat Europe pun baru EUR2/-
SUSMNet
post Jun 1 2014, 04:10 PM

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QUOTE(zamans98 @ Jun 1 2014, 03:06 PM)
wow, jual sabun a piece RM57?

Beli kat Europe pun baru EUR2/-
*
u need travel to EU cost RM1000 air ticket
wongmunkeong
post Jun 1 2014, 05:02 PM

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QUOTE(MNet @ Jun 1 2014, 04:10 PM)
u need travel to EU cost RM1000 air ticket
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Yup yup, agree with U Sis.
Especially true when one's pretty numbnuts to physically go & buy VS over the eBay, Amazon, etc.
wongmunkeong
post Jun 1 2014, 05:04 PM

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QUOTE(Skidd Chung @ Apr 17 2014, 05:30 PM)
At this day and age of internet connectivity, education and awareness, I'm just so surprised people are still falling for this shit.  doh.gif
*
Greed knows no bounds (of stupidity & blindness).
Tried it before - now sticking to calculations on Excel to cure my greed inspired stupidity & blindness.
Haven't found a cure for lust yet though laugh.gif
zamans98
post Jun 2 2014, 12:02 AM

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QUOTE(MNet @ Jun 1 2014, 04:10 PM)
u need travel to EU cost RM1000 air ticket
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right? are u kidding me?
have u ever heard of INTERNET? and ONLINE Shopping?


Indirectly it seems you are supporting this scam
SUSMNet
post Jun 2 2014, 08:43 PM

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majoriti suport this since they do not say they did not support
mynnDAWG
post Jun 7 2014, 08:46 PM

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So is this real thing or another scam?
JC999
post Jun 8 2014, 05:08 PM

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i believe this is a scam, any investment products being sold in malaysia needs to register with the capital markets authority, (Securities Commission of Malaysia) and they need to prepare a prospectus to investors.
SUSMNet
post Jun 8 2014, 05:38 PM

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QUOTE(JC999 @ Jun 8 2014, 05:08 PM)
i believe this is a scam, any investment products being sold in malaysia needs to register with the capital markets authority, (Securities Commission of Malaysia) and they need to prepare a prospectus to investors.
*
If scam then why police not tangkap them?
ikanbilis
post Jun 8 2014, 06:40 PM

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QUOTE(MNet @ Jun 8 2014, 05:38 PM)
If scam then why police not tangkap them?
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Hi sis,

U think police suka suka go tangkap orang...
JC999
post Jun 8 2014, 11:36 PM

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QUOTE(MNet @ Jun 8 2014, 05:38 PM)
If scam then why police not tangkap them?
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There is a lot of loop holes in malaysia legal that stops them from taking action. You see those swiss gold, only after so many years only bnm raided them and is not even the police
SUSMNet
post Jun 9 2014, 07:24 PM

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QUOTE(JC999 @ Jun 8 2014, 11:36 PM)
There is a lot of loop holes in malaysia legal that stops them from taking action. You see those swiss gold, only after so many years only bnm raided them and is not even the police
*
If so many loop hole, then why only a few of these scheme less than 1000 in the market?
JC999
post Jun 9 2014, 11:40 PM

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QUOTE(MNet @ Jun 9 2014, 07:24 PM)
If so many loop hole, then why only a few of these scheme less than 1000 in the market?
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THere is a lot of scheme in the market. Also it requires a lot of planning, execution, manpower and money to run the schemes. Plus I dun think malaysia market big enough to have 1000 of these schemes. Just look at the amount of old schemes bank negara raided.. I think more than 10 at once.
ikanbilis
post Jun 10 2014, 06:28 AM

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QUOTE(MNet @ Jun 7 2014, 09:42 PM)
real thing
*
Sis you really love skim cepat kaya, dont you?? Have fun in Ufun Club ya...

ReWeR
post Jun 10 2014, 07:08 AM

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QUOTE(MNet @ Jun 9 2014, 07:24 PM)
If so many loop hole, then why only a few of these scheme less than 1000 in the market?
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faster go join with all ur money
ikanbilis
post Jun 10 2014, 06:42 PM

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QUOTE(momocoyee @ Jun 10 2014, 10:08 AM)
If u guys keen to know more, I can explain furthermore on this. But anyway this is not a scam. All this need to get approval from bank.
*
So you guys have been running this scheme even without approval from BNM??

momocoyee
post Jun 10 2014, 10:36 PM

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QUOTE(MNet @ Jun 10 2014, 04:47 PM)
Please explain here
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Which part u don't understand or need to know more ?
momocoyee
post Jun 10 2014, 10:39 PM

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QUOTE(ikanbilis @ Jun 10 2014, 06:42 PM)
So you guys have been running this scheme even without approval from BNM??
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We run this with approval.

We have corporate with binapuri closely
We have launch a resort in Bangkok with binapuri u can find more about it on Internet.

If we are scam binapuri won't choose us as partner
It will affect their reputation.
tifosi
post Jun 11 2014, 05:43 PM

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QUOTE(momocoyee @ Jun 10 2014, 10:39 PM)
We run this with approval.

We have corporate with binapuri closely
We have launch a resort in Bangkok with binapuri u can find more about it on Internet.

If we are scam binapuri won't choose us as partner
It will affect their reputation.
*
It's not a "scam". But it's a Ponzi scheme right?
ikanbilis
post Jun 11 2014, 08:12 PM

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QUOTE(momocoyee @ Jun 10 2014, 10:08 AM)
If u guys keen to know more, I can explain furthermore on this. But anyway this is not a scam. All this need to get approval from bank.
*
First you said you need to get approval from bank. This means no approval yet from BNM. Then you said you run this with approval, Approval from who??
momocoyee
post Jun 13 2014, 10:21 PM

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QUOTE(tifosi @ Jun 11 2014, 05:43 PM)
It's not a "scam". But it's a Ponzi scheme right?
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Nope this is not a Ponzi scheme.. Ponzi scheme is illegal。
momocoyee
post Jun 13 2014, 10:26 PM

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QUOTE(ikanbilis @ Jun 11 2014, 08:12 PM)
First you said you need to get approval from bank. This means no approval yet from BNM. Then you said you run this with approval, Approval from who??
*
My English not very good. Thanks for correcting my English.
From the beginning till the end, what I mean is for this Ufun we already got approval from bnm. Just for ur information we partnership with binapuri if we are scam we will affect their company reputation n share.
ikanbilis
post Jul 1 2014, 02:18 PM

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Lousy scam
mynnDAWG
post Jul 5 2014, 12:26 AM

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Hmmm that binaouri is joint partner to develop resort in thailand...but i cant find anywhere that states or explain about the scheme run by ufunclub in malaysia....

Wow i see some of them driving big cars alrdy....bmw 5 series, x6, etc....really wow
hAnn
post Jul 31 2014, 11:19 AM

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i believe this is another boss venture on the rise, boss venture has been in operation for few years n growing. im not a member anyway. jus to pour in some infos of how they generate income:

1. downlines, of cos. yes pyramid style.
2. top-ups
3. partial earning (30%) locked as purchase points in the their mall. (in this case UFUN mall)
4. excessively high profit off from mall products (~300%, jus look into the mall)
5. mall products guaranteed sell-off (its the only way to spend the locked 30% earning)
6. mall product merchants fees (~1000usd, expensive? think abt item no.4&5)
7. withdrawal fees (figures in USD)
8. buy in: usd/ringgit 3.5, withdraw: 3.0

these r wat i can recall.
yokoloco
post Aug 2 2014, 11:53 PM

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My friend was also approached by this UFUN club.
Apparently they have their own crypto currency like bitcoin called Utoken. From what I can comprehend is that you join UFUN by choosing one of the memberships starting from 500usd and they give you 400Utokens.

And after awhile, when more new members or demand for the utoken increases. the company will have a floor price and ceiling price for the market value of the Utokens and will "split" once it hits the ceiling price. I think a split is something like they issue more utoken to devalue it back to the floor price. Once this happens, your tokens in hand will double. Hence you gain the profit.

Other than thay , you can use the tokens to buy stuff off their UFUN club market/app

I am doubtful with this UFUN Club but I was hoping to see if lyn has more information on this.

This is where I read about how they work
http://idamandyna-ufun.blogspot.com/2014/0...kens_2.html?m=1
chrisderick88
post Aug 3 2014, 02:28 AM

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QUOTE(yokoloco @ Aug 2 2014, 11:53 PM)
My friend was also approached by this UFUN club.
Apparently they have their own crypto currency like bitcoin called Utoken. From what I can comprehend is that you join UFUN by choosing one of the memberships starting from 500usd and they give you 400Utokens.

And after awhile, when more new members or demand for the utoken increases. the company will have a floor price and ceiling price for the market value of the Utokens and will "split" once it hits the ceiling price. I think a split is something like they issue more utoken to devalue it back to the floor price. Once this happens, your tokens in hand will double. Hence you gain the profit.

Other than thay , you can use the tokens to buy stuff off their UFUN club market/app

I am doubtful with this UFUN Club but I was hoping to see if lyn has more information on this.

This is where I read about how they work
http://idamandyna-ufun.blogspot.com/2014/0...kens_2.html?m=1
*
Hmm.. I highly doubt it is a cryptocurrency. Design of cryptocurrencies are very, very tough. It sounds more like a server based currency (much like forum currencies etc). Anyway it sounds like a ponzi scheme to me. The value of utoken may increase but it is probably faked, as there is no centralized exchange of any kind. They just arbitrarily say it is 500usd:400utoken.

Anyway I've noticed tons of such questions "is XXX a legit investment?" - if you're asking this question, it means that it's probably a ponzi scheme of some kind.
mynnDAWG
post Aug 3 2014, 12:05 PM

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But how come still no action from bank negara?
wodenus
post Aug 3 2014, 01:44 PM

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QUOTE(mynnDAWG @ Aug 3 2014, 12:05 PM)
But how come still no action from bank negara?
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Not registered locally I guess?

SUSMNet
post Aug 5 2014, 08:53 AM

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Sudakah anda mengetahui RAHSIA UTOKEN dan mengetahui bagaimana UTOKEN mampu menjana jutaan ringgit untuk anda? Sudahkan anda merancang masa depan anda? Sudahkan anda bersedia untuk menjadi Jutawan? Ini bukan gurawan ataupun cakap KOSONG, Tetapi ianya realiti yang akan berlaku kepada anda. Insyallah ianya memang akan berlaku kepada anda.

Satu fenomena akan terjadi apabila anda yang biasa mampu menjana pendapatan yang luarbiasa tanpa berbuat apa-apa. Perniagaan ini juga membuatkan anda tak perlu bercakap untuk menjana pendapatan, tak perlu bersusah payah cari orang, jumpa orang untuk terangkan perniagaan anda, tak perlu jual produk dan sebagainya, hanya buat santi-santi di rumah masih mampu menjana pendapatan puluhan ribu ringgit.

Jadikan perniagaan ini sebagai tempat untuk anda menjana pendapatan sampingan yang cukup lumayan dan saya percaya impian anda akan menjadi kenyataan setelah menyertai perniagaan ini.

Segala informasi, pelan perniagaan, strategi pemasaran yang kami kongsikan dalam laman ini bukanlah sekadar promosi sahaja, dan kami tidak berniat langsung untuk menyebarkan maklumat palsu atau menipu mana-mana pihak. Tujuan utama kami adalah ingin berkongsi maklumat yang kami anda, membuka satu peluang baru untuk anda yang masih TAK TAHU perniagaan yang cukup hangat ini dan membongkar RAHSIA Jutawan Hartanah Kerana Kami sendiri telah merasakan satu pendapatan yang diluar jangkaan kami setelah menyertai PERNIAGAAN ini.

APA ITU UTOKEN?
Utoken ataupun E-share lebih kurang Saham dimana keuntungan diraih hanya melalui pasaran sehala TANPA RISIKO. Ini kerana apabila anda memiliki Utoken, anda hanya perlu sabar menunggu STOK SPLIT sahaja untuk meraih keuntungan.

Utoken adalah unit atau sistem yang digunakan menggantikan nilai duit anda yang telah ditukarkan. Macam beli index saham (Lot saham) di BSKL. Saham/Index tersebut mengantikan nilai matawang anda.

Utoken (E-share) adalah income pasif dimana kita tidak perlu menaja, tidak perlu maintain dan modal hanya sekali sahaja. Utoken (E-share) akan menyebabkan keuntungan berterusan tanpa henti, ianya boleh dikatakan sebagai simpanan jangka panjang dimana kita akan memperolehi keuntungan berganda berdasarkan pengerakan SPLIT yang berlaku tanpa had masa.

Terdapat syarikat yang menawarkan Utoken kepada orang ramai, Cuma anda kena rajin mencari, dan disini saya mempelawa kepada anda untuk memiliki Utoken yang ditawarkan oleh syarikat UFUN Group Ltd.


Betul ke syarikat nie? Syarikat nie Berdaftar ke? Main-main ke tipu? Kukuh ke syarikat nie? Berkesan ke join perniagaan ini..pertanyaan yang biasa diutarakan bagi anda yang baru dalam perniagaan nie. Satu tindakan yang betul, saya sendiri mensyorkan anda untuk bertanya dan siasat dulu betul ke tak syarikat yang ingin anda sertai, Maklumlah sekarang nie kan dah banyak kes-kes kena tipu di internet. Jadi, pastikan syarikat betul-betul kukuh dan mantap baru la anda Join.
PERKARA PENTING YANG PERLU ANDA TAHU!
UFUN Group Ltd bukan Multi-level Marketing (MLM), Bukan Money Game, Bukan Skim Cepat Kaya, Bukan Skim Investment Internet, Bukan Forex, Bukan Rolling Money dan Bukan PPC,PTC, PTS dan yang berkaitan.

Tetapi UFUN adalah satu trade perniagaan baru yang memberi keistimewaan kepada ahli UFUN CLUB untuk memiliki Utoken iaitu Private Utoken Share dan juga beberapa keistimewaan yang lain.

Untuk pengetahuan anda syarikat UFUN Group Co.Ltd adalah Real Business, Real Company dan Real Income. Syarikat yang menjalankan bisnes hartanah, perniagaan dalam talian (Online), Pasaran Emas dan merupakan satu syarikat yang kukuh dan mantap dan telah mendapat pengiktirafan antarabangsa.
LATAR BELAKANG SYARIKAT
UFUN Group Ltd merupakan syarikat yang dicetuskan ideanya oleh Taikun Property iaitu seramai 6 orang dan diasaskan oleh Dato’ Dr Warren (Money Master), Mereka merupakan multi millionare dan telah berkerjasama dengan pemilik syarikat SagaJuta Sdn. Bhd iaitu Dato’ Raymond Tan Boon Siew dan Cairman Dato’ Nazifuddin bin Dato’ Seri Najib bin Tun Razak yang membina One Borneo Sabah, One Sulaman, One GetWay Tuaran dan Projek-projek yang besar.
JC999
post Aug 11 2014, 09:02 PM

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Joint venture with Bina puri is nothing. Merely only getting Bina puri to construct the development and ufun as a company sells or markets it. This joint venture is legal by law so authorities dun touch it.

However, ufun make use of this news to scam investors saying even Bina puri is part of them. Many ppl dun understand the meaning of joint venture and letter of intents.

Few things to spot a scam
1. This is not a cryptocurrency like bitcoin, ufun tried to confuse ppl with irrelevant comparison.
2. This is not regularize, any form of digital currency or receiving funds online in Malaysia needs bnm approval.
3. All funds movements are control by the company which is not transparent
4. Promising such returns, nvr talk about risk. There is no such thing as no risk in any forms of investment.
5. Look at the ppl trying to sell you the product. Do they look like professionals or they look like some conman.
babykon101
post Aug 14 2014, 10:05 AM

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Yo, How do i sign up? I want a new unit at Bangkok Marina Resort & Spa yo.

I can finally be rich and show off this epic unit to all my peeps!
wub.gif

Just kidding, there is no free lunch in the world. Kthxbai. bye.gif
mynnDAWG
post Aug 16 2014, 02:52 AM

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http://www.bnm.gov.my/documents/2014/20140725_FCA_EN.pdf

It's in BNM list now..

This post has been edited by mynnDAWG: Jan 17 2015, 12:40 PM
babykon101
post Aug 17 2014, 12:35 AM

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This is legit. I got one friend joined MLM ady and already have 300% return. Meaning he now has USD 3000 inside his company account. This is a money game guys. The earlier you get in, the more you earn.

I'm not in it though. As for me, company account != bank account. Eg. Bank account you can withdraw instantly. Company account needs around 3 weeks processing time.
rekeyz
post Aug 29 2014, 09:18 PM

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so the Ufun is in BNM list now..some of my frens will be crying. luckily i dont believe in easy money icon_rolleyes.gif icon_rolleyes.gif icon_rolleyes.gif icon_rolleyes.gif
kindboy
post Sep 15 2014, 11:31 AM

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utoken is fake ??? the online platform is not real time.. and there is no OFFICIAL PAGE AND SITE FOR ITS ADVERTISING...all advertisements were just put in blogspot... seems inferior....
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post Sep 16 2014, 11:50 PM

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So the utoken it's on bank negara Malaysia illegal list , does it means that its confirm a scam of some sort . Sorry I'm not good in all sort of these mlm product . But i have friends and her family pouring in loads of money in ..

I need to inform them with more concrete prove .. Anyone can help me on these...

I dont want her whole family get to lost all their hard earn money in there ..


rekeyz
post Sep 17 2014, 12:44 PM

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at first, u should ask them how much they earn already since they join this ufun bro..i have a close fren that spent few thousands on this ufun.yet still nothing..just post anything that show the increase of the rate currency usd against myr..they use rm3.8+ = usd1.. i tot they still live in the year 1997..now merely rm3.17+ = usd1.. sweat.gif sweat.gif
supermac
post Sep 17 2014, 01:01 PM

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QUOTE(rekeyz @ Sep 17 2014, 12:44 PM)
» Click to show Spoiler - click again to hide... «


at first, u should ask them how much they earn already since they join this ufun bro..i have a close fren that spent few thousands on this ufun.yet still nothing..just post anything that show the increase of the rate currency usd against myr..they use rm3.8+ = usd1.. i tot they still live in the year 1997..now merely rm3.17+ = usd1.. sweat.gif  sweat.gif
*
the girl ( my friend ) , lets call her ms.A

Ms. A invested RM3.5k+
then she ask her parents to invest , mum = RM19k+ , dad = Rm19k+ , bro = RM3.5k+

so far they told me , when they bought the u token , its valued at something 6.x , now is 7.x ( i cant recall the exact figure )

they told me they've got earning already , i ask them withdraw all out or at least their cost out , they told me just join cannot withdraw , can just a very low amount out only .. rclxub.gif

problem is , i ask them how u know the u token has increase or decrease , she said the agent will sms her , and they even charge u for the sms notice !!

the heck if like this , the efunclub , cincai cincai say naik or turun also can lo , and now its on BNM not approved list some more .

their official website didnt even mention about u token doh.gif doh.gif
rekeyz
post Sep 17 2014, 01:14 PM

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wow..the mount is huge bro..regarding the utoken price, my fren always post at moment..said today increase..everyday increase..but then when i ask him how much he will earn, he said will wait for the split.
why wait for the split when it is you own money..suppose u can withdraw when the utoken price is increase. doh.gif doh.gif
supermac
post Sep 17 2014, 03:51 PM

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QUOTE(rekeyz @ Sep 17 2014, 01:14 PM)
» Click to show Spoiler - click again to hide... «


wow..the mount is huge bro..regarding the utoken price, my fren always post at moment..said today increase..everyday increase..but then when i ask him how much he will earn, he said will wait for the split.
why wait for the split when it is you own money..suppose u can withdraw when the utoken price is increase. doh.gif  doh.gif
*
Yea , everyday increase , when i ask her at least the withdraw back the cost she put in , said the same thing , wait for the split .. doh.gif doh.gif

Looks like those agent or broker already brainwash them to wait for the split (the huge meat) ...

And said cant withdraw because its lock in some sort of ways ... Guess she kena already ..

Any other bro here have more evidence or point that show that its a scam or what ? So that i can try convince her .. rclxub.gif
mynnDAWG
post Sep 17 2014, 11:38 PM

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If u see those ufunclub guys...wow they are flaunting big cars and cash everyday yeah...

This post has been edited by mynnDAWG: Jan 17 2015, 12:41 PM
oOoproz
post Sep 18 2014, 12:32 AM

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QUOTE(mynnDAWG @ Aug 16 2014, 03:52 AM)
http://www.bnm.gov.my/documents/2014/20140725_FCA_EN.pdf

Congrats...it's in BNM list now...good luck to "investors"
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Take note pppl!!! No such thing as easyy moneyyy
cloudstrife07
post Sep 19 2014, 01:28 AM

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QUOTE(yokoloco @ Aug 2 2014, 11:53 PM)
My friend was also approached by this UFUN club.
Apparently they have their own crypto currency like bitcoin called Utoken. From what I can comprehend is that you join UFUN by choosing one of the memberships starting from 500usd and they give you 400Utokens.

And after awhile, when more new members or demand for the utoken increases. the company will have a floor price and ceiling price for the market value of the Utokens and will "split" once it hits the ceiling price. I think a split is something like they issue more utoken to devalue it back to the floor price. Once this happens, your tokens in hand will double. Hence you gain the profit.

Other than thay , you can use the tokens to buy stuff off their UFUN club market/app

I am doubtful with this UFUN Club but I was hoping to see if lyn has more information on this.

This is where I read about how they work
http://idamandyna-ufun.blogspot.com/2014/0...kens_2.html?m=1
*
nah not cryptocurrency.

you dont own the utoken yourself.

if the website utokens.com close down, there goes all your money.

meanwhile for bitcoin you can have it in your wallet software / online wallet (dangerous, owner can run away with your btc) etc. means you have the rights over it.
rozekmulia
post Sep 20 2014, 05:16 AM

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Saya terbaca isu mengenai utoken dan ufunclub di sini.
Apapun izinkan saya menggunakan bahasa kebangsaan dalam komen ni.

Sebenarnya ada perbezaan antara UToken dan UFunClub. Asalnya token digunakan untuk pembelian barang dalam ufunstore. Benar, tidak dapat dinafikan ada beberapa barangan yang harganya mahal, namun ada juga barang yang dijual murah.

Rujuk www.ufunstore.com

Atas kerjasama bersama BinaPuri, projek Marina Resort dikongsi bersama pemegang UToken yang melabur. Projek ini ditawarkan kepada mereka yang melabur dalam kuantiti yang besar.

Berkaitan ada yang mengatakan keuntungan dalam UTokens.
Sebenarnya, ramai yang tidak cerita dengan habis mengenai isu ini.

Untuk jualan token, hanya tradeable tokens sahaja yang boleh diniagakan.
Sebagai contoh, tradeable token ada 500 unit dan harga semasa 1 unit token = 0.9. Cas yang dikenakan bagi setiap transaksi adalah 6-10%, bergantung pada jumlah token yang dijual. Dalam kes ni 10%. Seterusnya 30% nilai selepas tolak cas akan digunakan semula untuk membeli semula unit tokens. Logiknya, di sini kaedah syarikat dalam memastikan harga terkawal.

=500 - (500 x (10%)) - (500 - 500 x (10%))30%
=500 - 50 - 135
=315

Jualan 315 itu didarab dengan 3.2 (harga belian - terkandung dalam perjanjian) = RM1008

Apa yang berlaku, penjual UToken ni akan menggunakan nilai keseluruhan UToken, contohnya nilai UToken semasa 2227 unit dan membandingkan dengan nilai ketika beli, let say 2000 unit. Harga semasa jualan 0.9 dan ketika belian dulu 1 unit bersamaan 0.27.
Apa yang mereka tunjuk;

2227 x 0.9 x 3.2 = RM6413.76
2000 x 0.27 x 3.2 = RM1728

Realitinya kena tunggu lama, maybe 2 tahun kalau duduk senyap-senyap.

Harap membantu.

note: dekat 2 jam mengarang sambil buat kerja lain..

rozekmulia
post Sep 20 2014, 09:51 AM

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QUOTE(cloudstrife07 @ Sep 19 2014, 01:28 AM)
nah not cryptocurrency.

you dont own the utoken yourself.

if the website utokens.com close down, there goes all your money.

meanwhile for bitcoin you can have it in your wallet software / online wallet (dangerous, owner can run away with your btc) etc. means you have the rights over it.
*
Yup, I agree with you regarding for this issue.
They used utokens.com for trading and monitoring the price, and ubonuss.com for transfer/cash out.

They also have other website for buying;
ufunstore.com
ubtmall.com

They said to me later have application, until now I still not check it yet.
kingofong
post Sep 20 2014, 05:06 PM

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apparently, raymond chan is the mastermind
adix4
post Sep 21 2014, 02:40 PM

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This thing kinda look............

Easy money to get
kindboy
post Sep 21 2014, 03:01 PM

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i just notice a way to check the latest price of utoken..you guys can login to this website to understand the flow of its game..

www.utokens.com

create an account and login as dormant user.
rozekmulia
post Sep 21 2014, 07:25 PM

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QUOTE(kindboy @ Sep 21 2014, 03:01 PM)
i just notice a way to check the latest price of utoken..you guys can login to this website to understand the flow of its game..

www.utokens.com

create an account and login as dormant user.
*
The answer from my up-line;
for public user registration it temporary closed to upgrade the security level.
This action is MUST to avoid game-plan or prank. Later the user needed to upgrade their level.
kindboy
post Sep 21 2014, 10:08 PM

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wat you mean upgrade their levels?i can see there are 5 levels.. if member level 1 already level 1 ma..

dormant accounts can really affect the price ...cuz no token given since you didnt pay the fee for membership.. they are not stupid one.
kindboy
post Sep 22 2014, 08:57 PM

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i believe this investment could be quite potential.. i am trying to understand the structure of this investment..
DirectorLee
post Sep 22 2014, 09:49 PM

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QUOTE(kindboy @ Sep 22 2014, 08:57 PM)
i believe this investment could be quite potential.. i am trying to understand the structure of this investment..
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LMAO.....
SUSMNet
post Sep 23 2014, 08:19 AM

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QUOTE(kindboy @ Sep 22 2014, 08:57 PM)
i believe this investment could be quite potential.. i am trying to understand the structure of this investment..
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ur too late bro
kindboy
post Sep 25 2014, 03:33 PM

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why you said i am late ?? any reason to support?
Gravity
post Sep 25 2014, 03:44 PM

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so many newly registered member posting here.. confirm existing members.
kindboy
post Sep 25 2014, 03:52 PM

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i realize it is a very potential investment tool..i hope you guys could try to understand it first before claiming that it is a scam... i bought it at the price level of 0.904

not really expensive to start up such a potential investment compare to other tools like mutual fund and equities.just a minimum RM1900 (USD500 package) or RM3800(USD1000). i believe its return is extremely lucrative..


anyone who wish to know more about this investment ..can personally PM me..

Louis5085
post Sep 26 2014, 02:04 PM

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Wonder if it will last long in the market..
mynnDAWG
post Sep 27 2014, 03:25 AM

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QUOTE(Gravity @ Sep 25 2014, 03:44 PM)
so many newly registered member posting here.. confirm existing members.
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Hmmmmmm

This post has been edited by mynnDAWG: Jan 17 2015, 12:42 PM
rozekmulia
post Sep 27 2014, 10:18 AM

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QUOTE(kindboy @ Sep 25 2014, 03:52 PM)
i realize it is a very potential investment tool..i hope you guys could try to understand it first before claiming that it is a scam... i bought it at the price level of 0.904

not really expensive to start up such a potential investment compare to other tools like mutual fund and equities.just a minimum RM1900 (USD500 package) or RM3800(USD1000). i believe its return is extremely lucrative..
anyone who wish to know more about this investment ..can personally PM me..
*
I already joined UFunClub since April. To be honest, I already got my modal back, RM3800. I am not "taja" or sponsor anyone, just save for myself.

Since you buy from 0.904, I believe that you just joined.

I am not said this system can be forever in market, but from current situation its already going to 28 countries.

These the sharing info;
The HQ UTokens location at Thailand, but the founder from Malaysia. The PIC in Thailand is, General Arthiwat Soonpan. You can check it from Google. (I believe you will immediately understood why at Thailand it really fast compare with Malaysia).

Why BNM blacklist UFun?
This situation happen because there have 2 websites that used UFun as "company" to collect the money. That the personal websites. I heard the management already discuss with this matter with BNM. That websites already shut down, however still not update from BNM.
The websites company are, www.ufunclub.com.

alaaa.. malasnya nak taip
rozekmulia
post Sep 27 2014, 10:21 AM

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QUOTE(mynnDAWG @ Sep 27 2014, 03:25 AM)
Scammers trying to "up" their own stuff haha...old tricks you pricks haha...
*
I just Google for UFun's info, and it directly to this forum. I just share the info that I know, and don't mean to give any harm. Required to register before comment.

Thanks
rozekmulia
post Sep 27 2014, 10:23 AM

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QUOTE(kindboy @ Sep 25 2014, 03:33 PM)
why you said i am late ?? any reason to support?
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Later this market will be slow.
yokoloco
post Sep 27 2014, 11:06 AM

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still doesn't sound like a long term investment. The way it sounds seems like a get in, get out and hope you cover back your cost with some profit.
rozekmulia
post Sep 27 2014, 02:21 PM

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QUOTE(yokoloco @ Sep 27 2014, 11:06 AM)
still doesn't sound like a long term investment.  The way it sounds seems like a get in, get out and hope you cover back your cost with some profit.
*
It same goes to bitcoin. To be honest, I also aware about the issue.
Currently UTokens/UFun already collaboration with TV Internet's Taiwan.

This is my opinions;
1. During peak time, the value of UTokens will be arise until it will static. Right now there have millions transaction of token per day. Because there a lot of people joined and sells token.
2. Once the registration close, the company will collect back their token. So far I don't know yet. This only my opinion.
3. When that happen, all tokens will be trade, whether to buy the things (at ufunclub.com) or cash it back.
4. There have around 30-40% hidden fee.
5. This is business, the fast you join, the safe you are.

This system was guarantee by banks, the bank also don't want to take any risk or losing. When UFun gave 10m to bank, why bank accept it?

Currently there has ubtmall.com (to do business using tokens), please take some peek over there.

By the way, I don't have any downline. I save for myself,and get back my modal. If anyone want to learn or to get more information, please let me know..

I just help
rozekmulia
post Sep 27 2014, 02:42 PM

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QUOTE(hAnn @ Jul 31 2014, 11:19 AM)
i believe this is another boss venture on the rise, boss venture has been in operation for few years n growing. im not a member anyway. jus to pour in some infos of how they generate income:

1. downlines, of cos. yes pyramid style.
2. top-ups
3. partial earning (30%) locked as purchase points in the their mall. (in this case UFUN mall)
4. excessively high profit off from mall products (~300%, jus look into the mall)
5. mall products guaranteed sell-off (its the only way to spend the locked 30% earning)
6. mall product merchants fees (~1000usd, expensive? think abt item no.4&5)
7. withdrawal fees (figures in USD)
8. buy in: usd/ringgit 3.5, withdraw: 3.0

these r wat i can recall.
*
Hi,
Thats a wrong information dude..

1. No need, I just save for myself. Its up to you if u wanna do it.
2. No need to top up unless you want to buy things or take other package.
3. Nope, need to buy UToken back, is not from UFunMall unless u want to buy a things from there.
4. There also have ubtmall.com.
6. Merchants? U want to join it? I am not smile.gif
7. Can convert to RM
8. Wrong, Buy in: 3.8 and sell it 3.2

Thanks..
kindboy
post Sep 27 2014, 09:22 PM

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it is true... this is not a scam.. since you could do trading with others using utoken as long as both side agreeable with the mentioned price( based on current value of utoken).. currently it is 0.940
mynnDAWG
post Sep 28 2014, 12:48 AM

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http://mynewshub.cc/2014/09/23/member-kora...-sila-baca-ini/

Read this article...read it with open mind and ask yourself the similarity between the things mentioned in the article and the stuff operated under ufun
rozekmulia
post Sep 28 2014, 02:36 AM

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QUOTE(mynnDAWG @ Sep 28 2014, 12:48 AM)
http://mynewshub.cc/2014/09/23/member-kora...-sila-baca-ini/

Read this article...read it with open mind and ask yourself the similarity between the things mentioned in the article and the stuff operated under ufun
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Azizi Ali dah join ToneExcel. tuan dah join ke?
ekekeke
GTA5
post Sep 30 2014, 11:12 AM

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Even "legal" business will fail.

In any mlm case, always be the first few, don't be the last.
alanshore
post Sep 30 2014, 04:50 PM

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guys!!

i also was approach by a friend . he's been for few months now. he said , he get back his capital invesment. now only is the profit. brows.gif

i still has doubts bout this. what kind of business they can do ... ? rclxub.gif

there is no thing such as free money in this world. yawn.gif


seriously... should i join this 'business' ??
rozekmulia
post Sep 30 2014, 04:56 PM

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QUOTE(alanshore @ Sep 30 2014, 04:50 PM)
guys!!

i also was approach by a friend . he's been for few months now. he said , he get back his capital invesment. now only is the profit.  brows.gif

i still has doubts bout this. what kind of business they can do ... ?  rclxub.gif

there is no thing such as free money in this world.  yawn.gif
seriously... should i join this 'business' ??
*
i also got back my investment.
i am not sure it is good or bad, if you scare to lost money, dont involved. but if you want to take the risk you can proceed it..
alanshore
post Sep 30 2014, 05:37 PM

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QUOTE(rozekmulia @ Sep 30 2014, 04:56 PM)
i also got back my investment.
i am not sure it is good or bad, if you scare to lost money, dont involved. but if you want to take the risk you can proceed it..
*
i agree. i did thought of that. it's like 50-50 chance hmm.gif
rozekmulia
post Sep 30 2014, 06:21 PM

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QUOTE(alanshore @ Sep 30 2014, 05:37 PM)
i agree. i did thought of that. it's like 50-50 chance  hmm.gif
*
company already stable, they got 3 banks to back up them.
sagajuta and binapuri share the projeck at Marina's resort..
combine with Taiwan for TV internet.
got support from son of our PM.

but, as I state before this, it will be 50-50 for this business.

the long you wait, it will be take loonggg time to get back your investment.

this project not the scam, it involved high status people.

its up to you.
scmalert
post Oct 1 2014, 03:42 PM

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Joinning with bina puri is not supportive evidence that this company is not scam.

They can camouflage themself as brilliant company with money.

It seems to be typical ponzi scheme.
rekeyz
post Oct 1 2014, 08:26 PM

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3 banks?which bank?can u give the bank url since most of the banks have their own website.
rozekmulia
post Oct 3 2014, 07:21 AM

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QUOTE(scmalert @ Oct 1 2014, 03:42 PM)
Joinning with bina puri is not supportive evidence that this company is not scam.

They can camouflage themself as brilliant company with money.

It seems to be typical ponzi scheme.
*
Ponzi? We will wait until BNM declare it?
rozekmulia
post Oct 3 2014, 07:23 AM

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QUOTE(rekeyz @ Oct 1 2014, 08:26 PM)
3 banks?which bank?can u give the bank url since most of the banks have their own website.
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Please Google smile.gif
elgan
post Oct 3 2014, 09:05 AM

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QUOTE(rozekmulia @ Sep 30 2014, 06:21 PM)
got support from son of our PM.

but, as I state before this, it will be 50-50 for this business.

the long you wait, it will be take loonggg time to get back your investment.

this project not the scam, it involved high status people.
*
Investing in something just because it is endorsed by 'high status' people is silly. Remember Geneva Gold and Mahatir? That didn't turn out too well for investors.
mynnDAWG
post Oct 5 2014, 12:31 AM

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hmmmmm Tonkin or not

This post has been edited by mynnDAWG: Jan 17 2015, 12:43 PM
kindboy
post Oct 5 2014, 12:28 PM

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now it is 0.985..
SUSMNet
post Oct 5 2014, 04:03 PM

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last week how much?
kindboy
post Oct 6 2014, 01:07 PM

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last week 0.944
Gravity
post Oct 7 2014, 11:33 AM

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come on la guys.. all these are old stuff repackaged into new and sold to people who are new to ponzi scheme/money game.

Old things are companies / "investments" like Sunshine empire, swisscash.

If you join early, you can make back your money fast.
villa07
post Oct 8 2014, 09:40 AM

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okay, if this wasn't a scam please tell me why one of those 3 banks' website can't be opened? try http://www.udbpbank.com/
rekeyz
post Oct 8 2014, 01:30 PM

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let @rozekmulia asnwer this..i ask b4..regarding the 3 banks..y not using our local bank? whistling.gif whistling.gif whistling.gif
choilian
post Oct 8 2014, 06:44 PM

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Ufun agent said UTOKENS is global and had registered in Taiwan. I told them i had Taiwanese friend wanted to buy Utokens and asked them for uFun company address and number in Taiwan so my friend can contact them. But they CANNOT provide. it is very suspicious.

it is Ufun Australia in Facebook with contact number in Malaysia. I can't buy tokens on internet by myself. have to transfer money from Australia to their bank account so they register an account for me. there is no one in overseas who works in UFUN. if i wanna invest tokens i have to send money from overseas. min 5000USD. reason is i will get more profit if i buy more. another reason is they don't do 500USD (little money investment). Well, i asked for his photocopy of passport for secure as i send money to his account, he didn't give me. he wanted me to trust him and he make sure i will make money. would u trust?

It is very suspicious after i got more info. Utokens only do it in Malaysia but not international. No one in Australia to contact open account for me, no one in Taiwan. all are malaysia contact.

There are NO any company in overseas as they cannot provide address and contact. Ufun agent said that i asked too much, think too much, If i wanna be a poor person, don't trust Utokens.

Where the trust come from? Would u buy? if you would, its better ask more and more question before u making decision. Its your money.

they said utokens is released to international, but i think it is marketing, only cheat Malaysian.
choilian
post Oct 8 2014, 06:50 PM

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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.
choilian
post Oct 8 2014, 07:13 PM

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This is a link of Thailand forum.

http://www.thaivisa.com/forum/topic/758346-utokens/
yokoloco
post Oct 9 2014, 02:47 AM

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QUOTE(villa07 @ Oct 8 2014, 09:40 AM)
okay, if this wasn't a scam please tell me why one of those 3 banks' website can't be opened? try http://www.udbpbank.com/
*
that's either a very job to make a bank website or the bank is a pretty sh*tty bank.
mynnDAWG
post Oct 10 2014, 10:06 PM

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hmmmmm no comment la

This post has been edited by mynnDAWG: Jan 17 2015, 12:44 PM
eijazz
post Oct 11 2014, 07:12 PM

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Joined: Oct 2006
From: Kuala Lumpur



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
chrommed
post Oct 11 2014, 07:26 PM

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Joined: Mar 2009



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.
eijazz
post Oct 11 2014, 07:33 PM

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Joined: Oct 2006
From: Kuala Lumpur



QUOTE(chrommed @ Oct 11 2014, 07:26 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 icon_idea.gif
Don't put everything u have for program like this.
Same me, I just invest how much I can lost..

Good luck all..




zDarkForceSz
post Oct 11 2014, 08:53 PM

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******
Senior Member
1,938 posts

Joined: Nov 2009
From: Bolehland


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
xyfaz87
post Oct 11 2014, 10:28 PM

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This is not high risk investment, it is a ponzi scheme, only those who are at higher level can get back or earn money.
SUSMNet
post Oct 12 2014, 12:17 AM

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********
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11,954 posts

Joined: May 2007



QUOTE(eijazz @ Oct 11 2014, 07:12 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
*
PM me for proof
chrommed
post Oct 12 2014, 03:10 AM

Getting Started
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Junior Member
189 posts

Joined: Mar 2009



QUOTE(xyfaz87 @ Oct 11 2014, 10:28 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.
*
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.
bcteh
post Oct 16 2014, 03:22 PM

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Joined: May 2006


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
DevilUserUK
post Oct 20 2014, 05:45 PM

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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.






woodlandsmrt
post Oct 24 2014, 03:56 AM

Getting Started
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Junior Member
73 posts

Joined: Jul 2007
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/


user posted image

This post has been edited by woodlandsmrt: Oct 24 2014, 03:58 AM
kreak17
post Oct 24 2014, 10:27 AM

New Member
*
Junior Member
39 posts

Joined: Oct 2014
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.
azliayob
post Oct 29 2014, 05:23 PM

Getting Started
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Junior Member
130 posts

Joined: Oct 2010
From: Pasir Gudang-Tampoi-Johor Bahru
This topic make me wanna to activate my keyboard in this forum.. biggrin.gif

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...

kreak17
post Oct 30 2014, 10:17 AM

New Member
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Junior Member
39 posts

Joined: Oct 2014
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?Attached File  ____________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
kreak17
post Oct 30 2014, 10:37 AM

New Member
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Junior Member
39 posts

Joined: Oct 2014
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?

SUSMNet
post Oct 31 2014, 08:33 AM

10k Club
********
All Stars
11,954 posts

Joined: May 2007



My question

Who validate the value of bitcoins so as to use the same as currencies?
eXpert
post Nov 2 2014, 08:23 PM

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Junior Member
302 posts

Joined: Aug 2006
From: "New Castle" and Nilai New Town



bank website olso can be under construction ker?
sirxl
post Nov 4 2014, 11:46 PM

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****
Senior Member
583 posts

Joined: Dec 2004


QUOTE(MNet @ Oct 31 2014, 08:33 AM)
My question

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

http://www.coindesk.com/companies/exchanges/

here's one for malaysia:
http://www.coindesk.com/bitx-opens-feature...hange-malaysia/
kreak17
post Nov 5 2014, 08:40 AM

New Member
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39 posts

Joined: Oct 2014
QUOTE(sirxl @ Nov 4 2014, 11:46 PM)
Does not answer the question,
and BTW, China does not accept or recognize Bitcoin to their market.
DevilUserUK
post Nov 19 2014, 04:27 PM

New Member
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6 posts

Joined: May 2014
QUOTE(kreak17 @ Nov 5 2014, 08:40 AM)
Does not answer the question,
and BTW, China does not accept or recognize Bitcoin to their market.
*
Your question of validation is like asking, who validates the price of shares to increase?. its basically influenced by the most basic simple equation of Supply & Demand. Why does limited edition items, watches, phones increase in price? where does it say in the world that the price increase? what dictates the price increase?. Ie

1.Seller one sells for $330.

2. Seller two sells for $345.

3. Seller three sells for $ 280.

4. Seller four sells for $500.

Now once buyers buy all of them, and the only one left available is $500. If you want to buy, because there is no more supply below $500, you are forced to buy it at $500. I hope this clarifies your question as i feel the intention of your question is not related to your intelligence but rather in scepticism and doubt.


Also , in regards to the BNM list, kindly look at the website before relating it back to Utokens.

One of them is obviously a blog, and the other one is in malay??jutawan?? I mean logically just think, if you want to scam on an international level wouldnt you rather use an international web like www.utokens.com which doesnt see any affiliation to any particular country or language??.

Thats like saying if i open up a blog called applemacintosh.blogspot or jutaepal.com and i scam by selling fake apple products, this websites get banned it means www.apple.com is an illegal entity. because im affiliated by selling apple products.

Talking rubbish and indicting online on something is easy, just type and type and talk nonsense while people earn real money. Why? talking rubbish online doesnt cost you anything.

I see many of you writing about this being ponzi, pyramid, money game etc. If i were to walk out of my house now, and i cant use this Utoken anywhere besides on the screen, then yes, we r fcked. But if a private hospital can accept UTokens, if buying a car and a house i can use UTokens, eat outside, sleep in hotels paying UTokens here or overseas why do you think this is a short term investment?. Everyone keeps saying online is the future, what makes you think otherwise? Bitcoin is a proven REAL LIFE PROOF of a success of E currency still insufficient?

I wont argue that this will go on forever, even Chatime which was super successful and initially thought to branch out like starbucks, is now seen quietly settling in and even selling Horlicks now. There are so many reasons i can type, but i rather waste that time earning money because im too poor to buy a comfortable house in a safe environment , a nice imported car & go to London and stay in a hotel rather than a dorm and eat outside in a restaurant rather than a mamak.

I dont know about you guys, but one thing is for sure, if i had listen to 2 of my best friends telling me, this is a scam, better get out, i dont see the potential and good luck to you we will see 3 months from now. I wont be sitting here telling you guys i am close to earning back all my capital + another 5 to 10 times of that if it continues on for the next 6 months. If i choose to withdraw now, i would have earned 2 times, but i choose to risk it, because i can see the potential & if i miss this today, ill regret i didnt put more in.

Your situation may be similar to me, where 10 out of 10 tells you this is a scam, its absolutely normal, because they dont understand, it took me 2 hours of conversation to understand, do you think spending time researching online or talking to someone who has only seen 10 mins of info online being able to tell you whats really going on?. Maybe your friend isnt explaining to you the way he should be, maybe he himself doesnt completely understand.


Trust your judgement and if you have the hunger to succeed and get out of your current lifestyle, would it really hurt you to just try and listen with a fair mind?. If it really is fishy and sounds dodgy, no worries just get the fck out at least you cleared your doubt and like Bitcoin, seeing it at $1200 today you wont feel much except thinking wow its crazy how can it go up so high, oh well back to my work. BUT, if you listen, and you so happen joined, dont you think that there is HOPE that there is a possibility it may go beyond your expectations?. and what turn out to be a scam may indeed change your lifestyle?.

I met a real estate agent which told me he heard of UToken close to a year ago, i asked him, why didnt you join? he said no, i dont join things like that because i dont believe in it.Working hard is the best way. I then ask him again, he said no its ok & thats the end of the story.

Well lets rhetorically say he did join one year ago, and he joined at the lowest package of $500 at the price he said was at 0.20, my estimate today if he were to open the account to have a look at what he has, at todays value of roughly 0.11, he would have earned estimate of no less than $10,000. No MLM nothing just pure invest in UToken value & splits. Thats RM 32,000. Just because like every other normal people, he didnt even want to listen and understand and presumed the worst.

Today, you are in that same situation. Will you be the real estate agent, or take the risk like me, in hopes of a better future ( petrol naik, toll naik, makanan naik, phone bill naik, GF expenses naik but gaji tak naik. Do you really think that today even RM 40,000 will change your lifestyle? maybe if its £ 40,000 la. Our inflation so high RM50 also like RM10 thanks to our great Government. Take some time to understand , Leaders lead, followers follow. 10 people tell you they saw some pigs that can fly , are you the one to believe or think for yourself? you decide.





Forgot to add in, my 2 best friends which i mention when i first joined, which says "this is a scam, ponzi, i dont think it will last more than 6 months, its a pyramid scheme" now after about 3 months,

i told them i earned more than half of my money back in cash on hand, they just quietly says "good la for you, but i hope you wont lose your other half". Will they join now? no, because when i first ask they didnt join then why would they join now??.

Again 3 months later ill say i earn back all my capital. They will say "congratulations lo, you got lucky maybe". Will they join? nope. But mind you, if they had listened and joined when i first ask them to, today they will be standing next to me and congratulating one another we are just earning profits now.

And then another 3 months i start earning, I will say to them, im earning quite a lot now, you want to join? My guess is their answer will still be no, because of whatever reason, their answer will most likely be "its ok lah you already earning this stage, must be too late for me already".

1 year down the road and somehow miraculously UToken still continues, im driving a nice car, i own a house and my lifestyle changed, i meet them and ask, do you want to join now? their answer would most likely be, "do you think it will be too late now? maybe ill join and try."

The morale of the story, is you decide what result you want. Are you out here to look for opportunity, or ure out here to look for problems and faults?.

This post has been edited by DevilUserUK: Nov 19 2014, 04:47 PM
dinz
post Nov 20 2014, 04:18 AM

Getting Started
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Junior Member
104 posts

Joined: Mar 2009
QUOTE(DevilUserUK @ Nov 19 2014, 04:27 PM)
Your question of validation is like asking, who validates the price of shares to increase?. its basically influenced by the most basic simple equation of Supply & Demand. Why does limited edition items, watches, phones increase in price? where does it say in the world that the price increase? what dictates the price increase?. Ie

1.Seller one sells for $330.

2. Seller two sells for $345.

3. Seller three sells for $ 280.

4. Seller four sells for $500.

Now once buyers buy all of them, and the only one left available is $500. If you want to buy, because there is no more supply below $500, you are forced to buy it at $500. I hope this clarifies your question as i feel the intention of your question is not related to your intelligence but rather in scepticism and doubt.
Also , in regards to the BNM list, kindly look at the website before relating it back to Utokens.

One of them is obviously a blog, and the other one is in malay??jutawan?? I mean logically just think, if you want to scam on an international level wouldnt you rather use an international web like www.utokens.com which doesnt see any affiliation to any particular country or language??.

Thats like saying if i open up a blog called applemacintosh.blogspot or jutaepal.com and i scam by selling fake apple products, this websites get banned it means www.apple.com is an illegal entity. because im affiliated by selling apple products.

Talking rubbish and indicting online on something is easy, just type and type and talk nonsense while people earn real money. Why? talking rubbish online doesnt cost you anything.

I see many of you writing about this being ponzi, pyramid, money game etc. If i were to walk out of my house now, and i cant use this Utoken anywhere besides on the screen, then yes, we r fcked. But if a private hospital can accept UTokens, if buying a car and a house i can use UTokens, eat outside, sleep in hotels paying UTokens here or overseas why do you think this is a short term investment?. Everyone keeps saying online is the future, what makes you think otherwise? Bitcoin is a proven REAL LIFE PROOF of a success of E currency still insufficient?

I wont argue that this will go on forever, even Chatime which was super successful and initially thought to branch out like starbucks, is now seen quietly settling in and even selling Horlicks now. There are so many reasons i can type, but i rather waste that time earning money because im too poor to buy a comfortable house in a safe environment , a nice imported car & go to London and stay in a hotel rather than a dorm and eat outside in a restaurant rather than a mamak.

I dont know about you guys, but one thing is for sure, if i had listen to 2 of my best friends telling me, this is a scam, better get out, i dont see the potential and good luck to you we will see 3 months from now. I wont be sitting here telling you guys i am close to earning back all my capital + another 5 to 10 times of that if it continues on for the next 6 months. If i choose to withdraw now, i would have earned 2 times, but i choose to risk it, because i can see the potential & if i miss this today, ill regret i didnt put more in.

Your situation may be similar to me, where 10 out of 10 tells you this is a scam, its absolutely normal, because they dont understand, it took me 2 hours of conversation to understand, do you think spending time researching online or talking to someone who has only seen 10 mins of info online being able to tell you whats really going on?. Maybe your friend isnt explaining to you the way he should be, maybe he himself doesnt completely understand.
Trust your judgement and if you have the hunger to succeed and get out of your current lifestyle, would it really hurt you to just try and listen with a fair mind?. If it really is fishy and sounds dodgy, no worries just get the fck out at least you cleared your doubt and like Bitcoin, seeing it at $1200 today you wont feel much except thinking wow its crazy how can it go up so high, oh well back to my work. BUT, if you listen, and you so happen joined, dont you think that there is HOPE that there is a possibility it may go beyond your expectations?. and what turn out to be a scam may indeed change your lifestyle?.

I met a real estate agent which told me he heard of UToken close to a year ago, i asked him, why didnt you join? he said no, i dont join things like that because i dont believe in it.Working hard is the best way. I then ask him again, he said no its ok & thats the end of the story.

Well lets rhetorically say he did join one year ago, and he joined at the lowest package of $500 at the price he said was at 0.20, my estimate today if he were to open the account to have a look at what he has, at todays value of roughly 0.11, he would have earned estimate of no less than $10,000. No MLM nothing just pure invest in UToken value & splits. Thats RM 32,000. Just because like every other normal people, he didnt even want to listen and understand and presumed the worst.

Today, you are in that same situation. Will you be the real estate agent, or take the risk like me, in hopes of a better future ( petrol naik, toll naik, makanan naik, phone bill naik, GF expenses naik but gaji tak naik. Do you really think that today even RM 40,000 will change your lifestyle? maybe if its £ 40,000 la. Our inflation so high RM50 also like RM10 thanks to our great Government. Take some time to understand , Leaders lead, followers follow. 10 people tell you they saw some pigs that can fly , are you the one to believe or think for yourself? you decide.
Forgot to add in, my 2 best friends which i mention when i first joined, which says "this is a scam, ponzi, i dont think it will last more than 6 months, its a pyramid scheme" now after about 3 months,

i told them i earned more than half of my money back in cash on hand, they just quietly says "good la for you, but i hope you wont lose your other half". Will they join now? no, because when i first ask they didnt join then why would they join now??.

Again 3 months later ill say i earn back all my capital. They will say "congratulations lo, you got lucky maybe". Will they join? nope. But mind you, if they had listened and joined when i first ask them to, today they will be standing next to me and congratulating one another we are just earning profits now.

And then another 3 months i start earning, I will say to them, im earning quite a lot now, you want to join? My guess is their answer will still be no, because of whatever reason, their answer will most likely be "its ok lah you already earning this stage, must be too late for me already".

1 year down the road and somehow miraculously UToken still continues, im driving a nice car, i own a house and my lifestyle changed, i meet them and ask, do you want to join now? their answer would most likely be, "do you think it will be too late now? maybe ill join and try."

The morale of the story, is you decide what result you want. Are you out here to look for opportunity, or ure out here to look for problems and faults?.
*
nice
eleven dragon
post Nov 20 2014, 11:48 AM

Getting Started
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Junior Member
239 posts

Joined: Feb 2013
QUOTE(DevilUserUK @ Nov 19 2014, 04:27 PM)
Your question of validation is like asking, who validates the price of shares to increase?. its basically influenced by the most basic simple equation of Supply & Demand. Why does limited edition items, watches, phones increase in price? where does it say in the world that the price increase? what dictates the price increase?. Ie

1.Seller one sells for $330.

2. Seller two sells for $345.

3. Seller three sells for $ 280.

4. Seller four sells for $500.

Now once buyers buy all of them, and the only one left available is $500. If you want to buy, because there is no more supply below $500, you are forced to buy it at $500. I hope this clarifies your question as i feel the intention of your question is not related to your intelligence but rather in scepticism and doubt.
Also , in regards to the BNM list, kindly look at the website before relating it back to Utokens.

One of them is obviously a blog, and the other one is in malay??jutawan?? I mean logically just think, if you want to scam on an international level wouldnt you rather use an international web like www.utokens.com which doesnt see any affiliation to any particular country or language??.

Thats like saying if i open up a blog called applemacintosh.blogspot or jutaepal.com and i scam by selling fake apple products, this websites get banned it means www.apple.com is an illegal entity. because im affiliated by selling apple products.

Talking rubbish and indicting online on something is easy, just type and type and talk nonsense while people earn real money. Why? talking rubbish online doesnt cost you anything.

I see many of you writing about this being ponzi, pyramid, money game etc. If i were to walk out of my house now, and i cant use this Utoken anywhere besides on the screen, then yes, we r fcked. But if a private hospital can accept UTokens, if buying a car and a house i can use UTokens, eat outside, sleep in hotels paying UTokens here or overseas why do you think this is a short term investment?. Everyone keeps saying online is the future, what makes you think otherwise? Bitcoin is a proven REAL LIFE PROOF of a success of E currency still insufficient?

I wont argue that this will go on forever, even Chatime which was super successful and initially thought to branch out like starbucks, is now seen quietly settling in and even selling Horlicks now. There are so many reasons i can type, but i rather waste that time earning money because im too poor to buy a comfortable house in a safe environment , a nice imported car & go to London and stay in a hotel rather than a dorm and eat outside in a restaurant rather than a mamak.

I dont know about you guys, but one thing is for sure, if i had listen to 2 of my best friends telling me, this is a scam, better get out, i dont see the potential and good luck to you we will see 3 months from now. I wont be sitting here telling you guys i am close to earning back all my capital + another 5 to 10 times of that if it continues on for the next 6 months. If i choose to withdraw now, i would have earned 2 times, but i choose to risk it, because i can see the potential & if i miss this today, ill regret i didnt put more in.

Your situation may be similar to me, where 10 out of 10 tells you this is a scam, its absolutely normal, because they dont understand, it took me 2 hours of conversation to understand, do you think spending time researching online or talking to someone who has only seen 10 mins of info online being able to tell you whats really going on?. Maybe your friend isnt explaining to you the way he should be, maybe he himself doesnt completely understand.
Trust your judgement and if you have the hunger to succeed and get out of your current lifestyle, would it really hurt you to just try and listen with a fair mind?. If it really is fishy and sounds dodgy, no worries just get the fck out at least you cleared your doubt and like Bitcoin, seeing it at $1200 today you wont feel much except thinking wow its crazy how can it go up so high, oh well back to my work. BUT, if you listen, and you so happen joined, dont you think that there is HOPE that there is a possibility it may go beyond your expectations?. and what turn out to be a scam may indeed change your lifestyle?.

I met a real estate agent which told me he heard of UToken close to a year ago, i asked him, why didnt you join? he said no, i dont join things like that because i dont believe in it.Working hard is the best way. I then ask him again, he said no its ok & thats the end of the story.

Well lets rhetorically say he did join one year ago, and he joined at the lowest package of $500 at the price he said was at 0.20, my estimate today if he were to open the account to have a look at what he has, at todays value of roughly 0.11, he would have earned estimate of no less than $10,000. No MLM nothing just pure invest in UToken value & splits. Thats RM 32,000. Just because like every other normal people, he didnt even want to listen and understand and presumed the worst.

Today, you are in that same situation. Will you be the real estate agent, or take the risk like me, in hopes of a better future ( petrol naik, toll naik, makanan naik, phone bill naik, GF expenses naik but gaji tak naik. Do you really think that today even RM 40,000 will change your lifestyle? maybe if its £ 40,000 la. Our inflation so high RM50 also like RM10 thanks to our great Government. Take some time to understand , Leaders lead, followers follow. 10 people tell you they saw some pigs that can fly , are you the one to believe or think for yourself? you decide.
Forgot to add in, my 2 best friends which i mention when i first joined, which says "this is a scam, ponzi, i dont think it will last more than 6 months, its a pyramid scheme" now after about 3 months,

i told them i earned more than half of my money back in cash on hand, they just quietly says "good la for you, but i hope you wont lose your other half". Will they join now? no, because when i first ask they didnt join then why would they join now??.

Again 3 months later ill say i earn back all my capital. They will say "congratulations lo, you got lucky maybe". Will they join? nope. But mind you, if they had listened and joined when i first ask them to, today they will be standing next to me and congratulating one another we are just earning profits now.

And then another 3 months i start earning, I will say to them, im earning quite a lot now, you want to join? My guess is their answer will still be no, because of whatever reason, their answer will most likely be "its ok lah you already earning this stage, must be too late for me already".

1 year down the road and somehow miraculously UToken still continues, im driving a nice car, i own a house and my lifestyle changed, i meet them and ask, do you want to join now? their answer would most likely be, "do you think it will be too late now? maybe ill join and try."

The morale of the story, is you decide what result you want. Are you out here to look for opportunity, or ure out here to look for problems and faults?.
*
Hahahaha...

Mana proof of earning? icon_idea.gif
dinz
post Nov 20 2014, 11:49 PM

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QUOTE(eleven dragon @ Nov 20 2014, 11:48 AM)
Hahahaha...

Mana proof of earning?  icon_idea.gif
*
i m not member of ufun, but i think at the end of the day proof of earning mean nothing.
eleven dragon
post Nov 21 2014, 05:15 PM

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QUOTE(dinz @ Nov 20 2014, 11:49 PM)
i m not member of ufun, but i think at the end of the day proof of earning mean nothing.
*
Well, ur statement already shown how legit the company is, if such a simple proof/receipt of earning can't be provided.

It means nothing to you just probably nothing u can prove its existence as well rolleyes.gif

This post has been edited by eleven dragon: Nov 21 2014, 05:15 PM
DevilUserUK
post Nov 21 2014, 10:36 PM

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QUOTE(eleven dragon @ Nov 21 2014, 05:15 PM)
Well, ur statement already shown how legit the company is, if such a simple proof/receipt of earning can't be provided.

It means nothing to you just probably nothing u can prove its existence as well   rolleyes.gif
*
This was after joining UToken.

Now before you say anything, my guess is that you will be saying that this can be forged, or its fake , or you need further better proof etc etc. Y? because your intention here was never to understand or to look at this impartially. After all words for you are just words, you dont risk nor lose anything by indicting. It will take forever to convince you and to what end? With a glass half empty attitude, even if there is an opportunity right in front of you now, your first reaction is skepticism , doubt, and distrust. Likewise, my 2 good friends, which sadly had that exact same attitude. I now do not mention anything further other than showing result 1 to 2 years down the road. I am sharing my story not because i tend to gain nor do i stand to obtain benefit from this, but like many others here, and perhaps someone who is reading this, you, like me you are just looking for a hope and opportunity for a better change.

I would be lying if i said that i earn all this money through just the increase of UToken value alone. But im just an ordinary guy,im still working under a salary, i still do not own a house, and my parents arent rich. Had i been negative about this, i wouldnt even have the opportunity to explore and a chance to earn even an extra RM1000. i would still be in front of the screen contemplating whether to join now or not. Or perhaps even be on the other side shouting scam and ill see how long you will last thumbup.gif attitude.

Its easy to point fingers and give an opinion, but honestly think hard and thorough, do you think positive and forward thinking will get you further in life? or the opposite? Im not saying there isnt risk involve in this, but the earlier you join, the faster you get your returns, the better peace of mind you will get whilst opening up a whole lot of possibilities.

A person msged me asking in short whether is it safe to invest in this. I asked this very same question to the person who introduced me into this. His answer was to everything there is risk, do not expect to invest in a low risk share and expect it to blow up like apple shares. Even alibaba's shares, many were skeptical and professional speculators and investors says " dont buy dont buy" because you are just owning a shell of the company not a part of the company. expected price range of $66 to $68. Now go and have a look at the current price of the share.

My answer to him at that time was, its ok, just buy for me first, ill bank in the money first thing tomorrow. Why did i have such blind faith that this isnt a scam or there isnt something dodgy about it?. Because i saw the results personally. do i regret or feel its a scam after joining and doing hours and days of research? nope. in fact im buying and trading in a higher volume now.



http://www.cnbc.com/id/102010663

It really depends on you, whether you are the follower, or the leader. Leader leads by knowing themselves and identify an opportunity where no one else can see. Whereas a follower will listen to the opinion of others and make their deduction base on others opinion. So those who knew that buying alibaba shares were an opportunity went ahead and buy. Isnt that risk? can you imagine if everyone had listened to "professionals" saying dont buy dont buy. With so much negative news you expect it to go up?!are you mad or stupid?!

For the skeptics, i can only wish you the best of luck and you will only be proving my first point right by replying and being defensive towards my 2 cents remark. I will not envy your negative perception, maybe, you may have the last laugh if this fails tomorrow. But if it goes on for 1 to 2 years. Ill be silently enjoying my success, because i dare to try to make that first step and i have something called hope to look to. I will not regret for i know, with my positive attitude, im bound to bump into the right thing which will make me a bit richer than what i am today & yesterday. ( like UToken!)


For the ones looking to see if its the right investment?. only you can decide for yourself. Why i think this is different from the other e currency out there? because its the first one, and like everything that is first, it will always be the best. IE why macdonalds is more popular here in msia, but KFC is more popular in BRUNEI?. They entered the market first. why was chatime so successful but the rest not so?. Also because of its growing acceptance everywhere. The only way i can see this fail, is that when it has no value, and that will only happen when no one is willing to recognise and accept it. and Bitcoin after 5 years is still out there and someone out there is still accepting it with no concentrated group or culminated force pushing it forward till the last few recent years. But UToken? the company has already started aggressively promoting and encouraging merchants, businesses, services to trade and accept UToken. I can tell you many more other reasons, but at the end of the day, your attitude determines the outcome. So you decide for yourself, whether its worth the risk. You can take your time, but this i can tell you for a fact, the longer you procrastinate the higher the risk. The earlier you join the better if you ever do decide to.Or else because of contemplation, instead of being the one of the early birds to join you end up being one of the latest. If not just stay back and watch whether this will die in a day, a week, a month, half a year, a year, or many more years.

The choice is yours & yours alone, dont let doubt & fear cloud your mind, try and see it from an impartial point of view and if you can identify the key reasons why this will succeed, and you are willing to take the risk. Go ahead, because like everything in this world,no one knows except god knows what will happen tomorrow, so let your decision today be the best to your knowledge and ability today. Do your best, and let god handle the rest. Just be sure you're not throwing your babies milk money and your house and car into this. Only go in and invest with what you are comfortable sleeping at night with. ( Although i did throw my whole life savings into this ). Anyway months after joining UToken im out of this richer for sure =).

This post has been edited by DevilUserUK: Nov 22 2014, 08:22 AM


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eleven dragon
post Nov 22 2014, 01:03 PM

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QUOTE(DevilUserUK @ Nov 21 2014, 10:36 PM)
This was after joining UToken.

Now before you say anything, my guess is that you will be saying that this can be forged, or its fake , or you need further better proof etc etc. Y? because your intention here was never to understand or to look at this impartially. After all words for you are just words, you dont risk nor lose anything by indicting. It will take forever to convince you and to what end?  With a glass half empty attitude, even if there is an opportunity right in front of you now, your first reaction is skepticism , doubt, and distrust. Likewise, my 2 good friends, which sadly had that exact same attitude. I now do not mention anything further other than showing result 1 to 2 years down the road. I am sharing my story not because i tend to gain nor do i stand to obtain benefit from this, but like many others here, and perhaps someone who is reading this, you, like me you are just looking for a hope and opportunity for a better change.

I would be lying if i said that i earn all this money through just the increase of UToken value alone. But im just an ordinary guy,im still working under a salary, i still do not own a house, and my parents arent rich. Had i been negative about this, i wouldnt even have the opportunity to explore and a chance to earn even an extra RM1000. i would still be in front of the screen contemplating whether to join now or not. Or perhaps even be on the other side shouting scam and ill see how long you will last  thumbup.gif attitude.

Its easy to point fingers and give an opinion, but honestly think hard and thorough, do you think positive and forward thinking will get you further in life? or the opposite? Im not saying there isnt risk involve in this, but the earlier you join, the faster you get your returns, the better peace of mind you will get whilst opening up a whole lot of possibilities.

A person msged me asking in short whether is it safe to invest in this. I asked this very same question to the person who introduced me into this. His answer was to everything there is risk, do not expect to invest in a low risk share and expect it to blow up like apple shares. Even alibaba's shares, many were skeptical and professional speculators and investors says " dont buy dont buy" because you are just owning a shell of the company not a part of the company. expected price range of $66 to $68. Now go and have a look at the current price of the share.

My answer to him at that time was, its ok, just buy for me first, ill bank in the money first thing tomorrow. Why did i have such blind faith that this isnt a scam or there isnt something dodgy about it?. Because i saw the results personally. do i regret or feel its a scam after joining and doing hours and days of research? nope. in fact im buying and trading in a higher volume now.
http://www.cnbc.com/id/102010663

It really depends on you, whether you are the follower, or the leader. Leader leads by knowing themselves and identify an opportunity where no one else can see. Whereas a follower will listen to the opinion of others and make their deduction base on others opinion. So those who knew that buying alibaba shares were an opportunity went ahead and buy. Isnt that risk? can you imagine if everyone had listened to "professionals" saying dont buy dont buy. With so much negative news you expect it to go up?!are you mad or stupid?!

For the skeptics,  i can only wish you the best of luck and you will only be proving my first point right by replying and being defensive towards my 2 cents remark. I will not envy your negative perception, maybe, you may have the last laugh if this fails tomorrow. But if it goes on for 1 to 2 years. Ill be silently enjoying my success, because i dare to try to make that first step and i have something called hope to look to. I will not regret for i know, with my positive attitude, im bound to bump into the right thing which will make me a bit richer than what i am today & yesterday. ( like UToken!)
For the ones looking to see if its the right investment?. only you can decide for yourself. Why i think this is different from the other e currency out there? because its the first one, and like everything that is first, it will always be the best. IE why macdonalds is more popular here in msia, but KFC is more popular in BRUNEI?. They entered the market first. why was chatime so successful but the rest not so?. Also because of its growing acceptance everywhere. The only way i can see this fail, is that when it has no value, and that will only happen when no one is willing to recognise and accept it. and Bitcoin after 5 years is still out there and someone out there is still accepting it with no concentrated group or culminated force pushing it forward till the last few recent years. But UToken? the company has already started aggressively promoting and encouraging merchants, businesses, services to trade and accept UToken. I can tell you many more other reasons, but at the end of the day, your attitude determines the outcome. So you decide for yourself, whether its worth the risk. You can take your time, but this i can tell you for a fact, the longer you procrastinate the higher the risk. The earlier you join the better if you ever do decide to.Or else because of contemplation, instead of being the one of the early birds to join you end up being one of the latest. If not just stay back and watch whether this will die in a day, a week, a month, half a year, a year, or many more years.

The choice is yours & yours alone, dont let doubt & fear cloud your mind, try and see it from an impartial point of view and if you can identify the key reasons why this will succeed, and you are willing to take the risk. Go ahead, because like everything in this world,no one knows except god knows what will happen tomorrow, so let your decision today be the best to your knowledge and ability today. Do your best, and let god handle the rest. Just be sure you're not throwing your babies milk money and your house and car into this. Only go in and invest with what you are comfortable sleeping at night with. (  Although i did throw my whole life savings into this ). Anyway months after joining UToken im out of this richer for sure =).
*
Wah...am i too skeptical or u're the one showing it the most? Did i even say it's forged/fake? haha...

Well, back to the topic, u still haven't show us proof of earning from the company. Show us the token conversion to RM, volume u bought before and value u sold later on..Don't tell me that they didn't even give you any paper statement of that?
A simple FD cert serves as a proof? you gonna be kidding man, anybody..yes i mean everyone can do that, deposit into FD and get the FD cert, come on...if this is the proof you tried to convince ppl, sorry to say that..anyone in the street can do that.

Rather by telling us your long-winded story, why not you tell us the marketing strategy and the mechanism of company generating continuous viable income? How much has the company earn so far? which area and how many % into marketing biz, real estate, etc? what is the exposure of the fund?

Don't la tell us all these altitude la, think positive la, KFC, chatime, God knows la la lah thingy as examples... doh.gif we're just sorry that we dun buy all those psychos**t tactic, be realistic dude, when it comes to investment, it's our due responsibility as a smart investor to know how a company in-and-out's before you jump into the board. Any legit and sound company in the market would always print and publish their marketing strategy/prospectus for public to read.

SO where is yours?

This post has been edited by eleven dragon: Nov 22 2014, 01:06 PM
rekeyz
post Nov 22 2014, 01:52 PM

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» Click to show Spoiler - click again to hide... «


typical story..heard this kinda story few times..oh ya..i did mention in this previous reply that my friend is joining this UFun..earlier this year, they keep posting in wechat that the utoken price is increasing..but few months ago,seems to be very quiet tho..i guess i know what it mean..luckily i never trust in easy money.. whistling.gif whistling.gif whistling.gif
kreak17
post Nov 23 2014, 10:08 AM

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QUOTE(DevilUserUK @ Nov 19 2014, 04:27 PM)
Your question of validation is like asking, who validates the price of shares to increase?. its basically influenced by the most basic simple equation of Supply & Demand. Why does limited edition items, watches, phones increase in price? where does it say in the world that the price increase? what dictates the price increase?. Ie

1.Seller one sells for $330.

2. Seller two sells for $345.

3. Seller three sells for $ 280.

4. Seller four sells for $500.

Now once buyers buy all of them, and the only one left available is $500. If you want to buy, because there is no more supply below $500, you are forced to buy it at $500. I hope this clarifies your question as i feel the intention of your question is not related to your intelligence but rather in scepticism and doubt.
Also , in regards to the BNM list, kindly look at the website before relating it back to Utokens.

One of them is obviously a blog, and the other one is in malay??jutawan?? I mean logically just think, if you want to scam on an international level wouldnt you rather use an international web like www.utokens.com which doesnt see any affiliation to any particular country or language??.

Thats like saying if i open up a blog called applemacintosh.blogspot or jutaepal.com and i scam by selling fake apple products, this websites get banned it means www.apple.com is an illegal entity. because im affiliated by selling apple products.

Talking rubbish and indicting online on something is easy, just type and type and talk nonsense while people earn real money. Why? talking rubbish online doesnt cost you anything.

I see many of you writing about this being ponzi, pyramid, money game etc. If i were to walk out of my house now, and i cant use this Utoken anywhere besides on the screen, then yes, we r fcked. But if a private hospital can accept UTokens, if buying a car and a house i can use UTokens, eat outside, sleep in hotels paying UTokens here or overseas why do you think this is a short term investment?. Everyone keeps saying online is the future, what makes you think otherwise? Bitcoin is a proven REAL LIFE PROOF of a success of E currency still insufficient?

I wont argue that this will go on forever, even Chatime which was super successful and initially thought to branch out like starbucks, is now seen quietly settling in and even selling Horlicks now. There are so many reasons i can type, but i rather waste that time earning money because im too poor to buy a comfortable house in a safe environment , a nice imported car & go to London and stay in a hotel rather than a dorm and eat outside in a restaurant rather than a mamak.

I dont know about you guys, but one thing is for sure, if i had listen to 2 of my best friends telling me, this is a scam, better get out, i dont see the potential and good luck to you we will see 3 months from now. I wont be sitting here telling you guys i am close to earning back all my capital + another 5 to 10 times of that if it continues on for the next 6 months. If i choose to withdraw now, i would have earned 2 times, but i choose to risk it, because i can see the potential & if i miss this today, ill regret i didnt put more in.

Your situation may be similar to me, where 10 out of 10 tells you this is a scam, its absolutely normal, because they dont understand, it took me 2 hours of conversation to understand, do you think spending time researching online or talking to someone who has only seen 10 mins of info online being able to tell you whats really going on?. Maybe your friend isnt explaining to you the way he should be, maybe he himself doesnt completely understand.
Trust your judgement and if you have the hunger to succeed and get out of your current lifestyle, would it really hurt you to just try and listen with a fair mind?. If it really is fishy and sounds dodgy, no worries just get the fck out at least you cleared your doubt and like Bitcoin, seeing it at $1200 today you wont feel much except thinking wow its crazy how can it go up so high, oh well back to my work. BUT, if you listen, and you so happen joined, dont you think that there is HOPE that there is a possibility it may go beyond your expectations?. and what turn out to be a scam may indeed change your lifestyle?.

I met a real estate agent which told me he heard of UToken close to a year ago, i asked him, why didnt you join? he said no, i dont join things like that because i dont believe in it.Working hard is the best way. I then ask him again, he said no its ok & thats the end of the story.

Well lets rhetorically say he did join one year ago, and he joined at the lowest package of $500 at the price he said was at 0.20, my estimate today if he were to open the account to have a look at what he has, at todays value of roughly 0.11, he would have earned estimate of no less than $10,000. No MLM nothing just pure invest in UToken value & splits. Thats RM 32,000. Just because like every other normal people, he didnt even want to listen and understand and presumed the worst.

Today, you are in that same situation. Will you be the real estate agent, or take the risk like me, in hopes of a better future ( petrol naik, toll naik, makanan naik, phone bill naik, GF expenses naik but gaji tak naik. Do you really think that today even RM 40,000 will change your lifestyle? maybe if its £ 40,000 la. Our inflation so high RM50 also like RM10 thanks to our great Government. Take some time to understand , Leaders lead, followers follow. 10 people tell you they saw some pigs that can fly , are you the one to believe or think for yourself? you decide.
Forgot to add in, my 2 best friends which i mention when i first joined, which says "this is a scam, ponzi, i dont think it will last more than 6 months, its a pyramid scheme" now after about 3 months,

i told them i earned more than half of my money back in cash on hand, they just quietly says "good la for you, but i hope you wont lose your other half". Will they join now? no, because when i first ask they didnt join then why would they join now??.

Again 3 months later ill say i earn back all my capital. They will say "congratulations lo, you got lucky maybe". Will they join? nope. But mind you, if they had listened and joined when i first ask them to, today they will be standing next to me and congratulating one another we are just earning profits now.

And then another 3 months i start earning, I will say to them, im earning quite a lot now, you want to join? My guess is their answer will still be no, because of whatever reason, their answer will most likely be "its ok lah you already earning this stage, must be too late for me already".

1 year down the road and somehow miraculously UToken still continues, im driving a nice car, i own a house and my lifestyle changed, i meet them and ask, do you want to join now? their answer would most likely be, "do you think it will be too late now? maybe ill join and try."

The morale of the story, is you decide what result you want. Are you out here to look for opportunity, or ure out here to look for problems and faults?.
*
In response to this long winded story (which he himself has call others keyboard warrior, but wow, look at his long written essay),
UFUN has been banned by Bank Negara not because of his website lah.
Since when website need license?
BNM banned UFUN because of its unlicensed activities.

So, does it mean UFUN has no license ?



xyfaz87
post Nov 30 2014, 07:26 PM

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Don't just tell us you get back your money or you earned money. Joinin illegal pyramid scheme also can earn money as long as you are not the lowest level when the scheme collapse.

Show us valid prove like annual or interim report of the company, audited accounts. And for those who joined, do you know when did ufun held annual general meeting? I never heard.
PCKUCHING
post Dec 3 2014, 05:33 PM

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【吊销执照。提控高层】UFUN 真的『忧饭』了!
3/12/2014 泰国报道
泰国首相署部长 Panadda Disakul 今日透露,泰国四政府部门(特案厅 The Department of Special Investigation (DSI) 、反洗黑钱 Anti-Money Laundering Office (AMLO)、消费者保护委员会 Office of the Consumer Protection Board (ACPB)、泰国国家财政部 Ministry of Finance Thailand (MOF) )开会后,一直裁决撤销UFUN公司注册和吊销直销执照,由DSI执行并在三日内完成。


Breaking news, Ufun thailand tutup...

**************


google translate,


[ Dibatalkan lesen . Pendakwa kanan ] UFUN benar-benar " beras bimbang " ia !
2014/03/12 Thailand dilaporkan
Jabatan Perdana Menteri Thai Panadda Disakul hari ini mendedahkan bahawa kerajaan Thai empat ( kes khas Dewan Jabatan Siasatan Khas ( DSI ) , anti pengubahan wang Pencegahan Pengubahan Wang Haram Pejabat ( AMLO ) , Pejabat Jawatankuasa Perlindungan Pengguna Lembaga Perlindungan Pengguna ( ACPB ) , selepas mesyuarat Kementerian Thai Kementerian Kewangan Kewangan Thailand ( MOF ) ) , telah dibatalkan ketetapan UFUN pendaftaran syarikat dan lesen pembatalan langsung , dilaksanakan oleh DSI dan siap dalam tempoh tiga hari .
PCKUCHING
post Dec 3 2014, 05:33 PM

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https://www.facebook.com/Combatingillegalpy...cation=timeline
kreak17
post Dec 4 2014, 08:06 AM

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QUOTE(PCKUCHING @ Dec 3 2014, 05:33 PM)
Game over UFUN.
rekeyz
post Dec 4 2014, 12:59 PM

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From: Soviet Sarawak


haha..where is our ufun supporters here?? whistling.gif whistling.gif whistling.gif whistling.gif

RUGGEDFIX
post Dec 4 2014, 08:29 PM

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So the ufun still can invest?
bulkhy
post Dec 4 2014, 09:14 PM

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*****
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Joined: Jan 2003


PM me if you looking into studying other options of investment .
i have one that will guarantee you 10% return in just 10 days ( Capital + Interest )
Started end of Sept 2014 ..Pioneer for sure rclxms.gif rclxms.gif
Cheers Guys.

This post has been edited by bulkhy: Dec 4 2014, 09:15 PM
PulseAngel
post Dec 4 2014, 10:09 PM

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From: Wuhan


same sh*t different version

long motivational essay but in the end no solid proof

not to forget the "those who interested can pm me" bait they write at the end of their post

dont we have a thread for suspicious investment?
scmalert
post Dec 4 2014, 10:28 PM

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QUOTE(RUGGEDFIX @ Dec 4 2014, 09:29 PM)
So the ufun still can invest?
*
They still accept new investor but That's very high risk for investor.
Ponzi scheme can maintain only if the funds keep on increase.
If new investor decrease and many people try to withdraw they will go bankrupt. cool2.gif
WanYati
post Dec 10 2014, 12:35 PM

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i also being invited by a friend about this ufun. according to her, i just need to invest once, then just wait for the utoken to increase and split. i dont really understand about that split anyway. but i wonder, if we just invest without doing anything, then how the company get the money to pay all the members..?

i love investment but need more clarification because for me RM1900 is quite a lot if it going to burn..
andreiyy12
post Dec 11 2014, 03:23 AM

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Joined: Dec 2014


QUOTE(WanYati @ Dec 10 2014, 04:35 AM)
i also being invited by a friend about this ufun. according to her, i just need to invest once, then just wait for the utoken to increase and split. i dont really understand about that split anyway. but i wonder, if we just invest without doing anything, then how the company get the money to pay all the members..?

i love investment but need more clarification because for me RM1900 is quite a lot if it going to burn..
*
Hi, I have invested in this myself and I can tell you with a good team structure and organized people you can get a lot of money from this , a friend of mine has 250k UTokens , by investing only 1150 Dollars in this ( Bought a 2star package ) When the price is going to go to $1.00 HE is going to have $250k from just a 1150 dollars investement . However, you will have to work hard and persuade a lot of people to get into your team.

I can answer all your questions about UFUN / UTokens. This is going to be a lifetime changing opportunity for anyone who is investing in this but you will have to work hard and if you can bring 1-2-3 people into the business you will earn a lot of money , My friend is making around $300-500 dollars a day by not doing anything.

The company gets money from : Taking a lot of commission from people : 22% when you sign up 1% per transaction fee 10% when you withdrawal your money , so the company is making enough money to sustain themselves. THE CONRACT WAS SIGNED AND COSTS $22 Billion USD . If you have any questions about this I can provide you with all the information that you want .
andreiyy12
post Dec 11 2014, 03:47 AM

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http://i.gyazo.com/bd036976f5fe80cd35dc2c8f9b827e26.png And here is THE THING YOU GUYS WANTED TO SEE PROOF OF EARNINGS !
scmalert
post Dec 11 2014, 11:49 AM

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QUOTE(andreiyy12 @ Dec 11 2014, 04:47 AM)
http://i.gyazo.com/bd036976f5fe80cd35dc2c8f9b827e26.png And here is THE THING YOU GUYS WANTED TO SEE PROOF OF EARNINGS !
*
Can you show the bank account book entry of withdraw?
Screen on their website is not proof because they can operate everything.I never trust all of the company whose sheme is Ponzi even if withdraw is implemented actually.There is no free lunch in the world.
"Commission"of Ponzi scheme sounds comical. blink.gif
i'ts typically brainwash phrase like "it's opportunity changing life!"

This post has been edited by scmalert: Dec 11 2014, 01:24 PM
andreiyy12
post Dec 11 2014, 09:28 PM

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QUOTE(scmalert @ Dec 11 2014, 03:49 AM)
Can you show the bank account book entry of withdraw?
Screen on their website is not proof because they can operate everything.I never trust all of the company whose sheme is Ponzi even if withdraw is implemented actually.There is no free lunch in the world.
"Commission"of Ponzi scheme sounds comical. blink.gif
i'ts typically brainwash phrase like "it's opportunity changing life!"
*
I cant show you a picture of the account book entry. But I can tell you this from all that 260k that he has made he will not be able to withdrawal everything. Due to the taxes that UFun implemented so the company does not go bankrupt.

Here they are :

10% From each withdrawal so you are left with 90% of all that

Then you are only allowed to take out 70% and the rest of the 30% will have to go back into reinvesting into UTokens therefore the company is being assured that it will not go bankrupt. You are only able to do 2 Withdrawals per month Like this 1 withdrawal 1-15 Days 2nd withdrawal 16-31 Days of the month.
rekeyz
post Dec 12 2014, 12:53 PM

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"you will have to work hard and if you can bring 1-2-3 people into the business you will earn a lot of money , My friend is making around $300-500 dollars a day by not doing anything."


typical type of MLM..


"I cant show you a picture of the account book entry. But I can tell you this from all that 260k that he has made he will not be able to withdrawal everything. Due to the taxes that UFun implemented so the company does not go bankrupt. "

typical tactics..why the company needs the people money??i thought they are big company like investment in thai & bina puri project??and they wont go bankrupt.. doh.gif doh.gif


DevilUserUK
post Dec 13 2014, 01:03 PM

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andreiyy dont bother, had i read the negative perception in this discussion, i wouldnt have joined, and if i did not, i wont be earning my $800 per tick today and earning close to $200k.


Debating here about which party is correct is like debating how many stars are there in the sky. Nonsensical and pointless. whistling.gif whistling.gif whistling.gif . I applaud those who continue to condemn as though its your personal agenda to whether this business is a hoax or not. Thank to guys like you, guys like me continue to make money while you sit in front of the pc being a holy critic rclxm9.gif flex.gif rclxms.gif

This post has been edited by DevilUserUK: Dec 13 2014, 01:03 PM
rekeyz
post Dec 13 2014, 04:53 PM

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wow...why i condemn??bcause 1 of my buddy join this..attend their functions..and blablabla..then i ask him, have u get ur split yet??answer is NO!!he joined almost 1 year now..and yet he get nothing..lucky i didnt join..else i will lose my money.. whistling.gif whistling.gif

btw,if im not mistaken, on fellow forumers here have link that shows that this thing is illegal.. whistling.gif whistling.gif

no free lunch in this world.. whistling.gif
chrommed
post Dec 13 2014, 05:09 PM

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when there's gainer there would be losers. Good that some of you have gotten profits from this scheme. Too bad for those that decide to join at the last minute, just to be scammed. Hopefully the loser is not someone from the gainers family or friends, which usually the reason the loser join in the first place.
scmalert
post Dec 15 2014, 10:25 AM

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I can't believe that too many people are cheated by such a typical ponzi scheme.
I know the person who joins this company.
He believes token price is not operated but real market price
and rejoices raising price everyday and tries to invite other person desperately.
I can't believe such a foolish person exist in the world. doh.gif
Needless to say he has never invested before.
Everyone who has experience of investment knows
that the chart shows the upper trend line in all times is a virtual impossibility.
Besides this is a virtual currency maintained by specific company.

I think the member of this company is not so much as amateur investor but just childish gambler who believes free lunch. rclxub.gif

This post has been edited by scmalert: Dec 15 2014, 12:36 PM
garagesell
post Dec 16 2014, 07:50 PM

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Any sifu here? I want to join
Uk2014
post Dec 17 2014, 03:49 AM

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Is there anyone here from the UK who has bought Utokens?

I have and seems to be going great.

So far made $493 in 2 1/2 weeks, not a bad return so far.

My friend introduced me and he has been to their head office in Thailand and met the CEO's.

I would recommend anyone who wants to join do your own due diligence, there will always be an element risk with any business / investment you do and Entrepreneurs are risk takers.

Best of luck. If you need any advice, i'll be happy to assist.



g-mey
post Dec 19 2014, 10:56 AM

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Click BinaPuri Statement : BinaPuri Statement

http://www.binapuri.com.my/CMS/Images/Uplo...OC000000716.pdf
yokoloco
post Dec 19 2014, 11:58 AM

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QUOTE(g-mey @ Dec 19 2014, 10:56 AM)
rclxms.gif rclxms.gif
finally. some proper proof to clear up this Bina Puri and UFUN/UTOKEN thing
rekeyz
post Dec 19 2014, 01:52 PM

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QUOTE(yokoloco @ Dec 19 2014, 11:58 AM)
rclxms.gif  rclxms.gif
finally. some proper proof to clear up this Bina Puri and UFUN/UTOKEN thing
*
where is our utoken supporters?? whistling.gif whistling.gif
mynnDAWG
post Dec 22 2014, 04:27 AM

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Now the fact that they not an unvestment company / scheme but a group dealing / selling digital money....

This post has been edited by mynnDAWG: Jan 17 2015, 12:45 PM
BabyZebraCrossing
post Dec 22 2014, 02:45 PM

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Repent le all of you..

One day you will realize your profit is coming from your downline only. No real business outside pun. Think about your downline that are lost so many K. You all can easily profit thousands and they lost thousands for what point.
oOoproz
post Dec 22 2014, 04:21 PM

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Sad case for the downlines, hard earned money gone...
babykon101
post Dec 22 2014, 05:21 PM

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Finally, those who dream that they will get a free luxury condo unit in Thailand, now they reap what they sow (greediness).

And what about that bank statement saying a guy has 270k in his account?

Show me a real bank statement, now something wrote using elementary school html.
drfeelgood
post Dec 22 2014, 08:04 PM

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QUOTE(momocoyee @ Jun 10 2014, 10:39 PM)
We run this with approval.

We have corporate with binapuri closely
We have launch a resort in Bangkok with binapuri u can find more about it on Internet.

If we are scam binapuri won't choose us as partner
It will affect their reputation.
*
You sound like ufun member.hmm i was talking to one of your so called investors.

My question which he couldnt answer me was.

For a 2star entry... the capital is Rm3800 (equivalent to 1000Usd)
You supposedly get 850ufun credits...
but the money making device of this whole this is the Ufun tokens. You only get 13...?

So actually where did your Usd1000 go to?

Please explain this to me.tks
drfeelgood
post Dec 22 2014, 08:06 PM

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QUOTE(andreiyy12 @ Dec 11 2014, 03:23 AM)
Hi, I have invested in this myself and I can tell you with a good team structure and organized people you can get a lot of money from this , a friend of mine has 250k UTokens , by investing only 1150 Dollars in this ( Bought a 2star package ) When the price is going to go to $1.00 HE is going to have $250k from just a 1150 dollars investement . However, you will have to work hard and persuade a lot of people to get into your team.

I can answer all your questions about UFUN / UTokens. This is going to be a lifetime changing opportunity for anyone who is investing in this but you will have to work hard and if you can bring 1-2-3 people into the business you will earn a lot of money , My friend is making around $300-500 dollars a day by not doing anything.

The company gets money from : Taking a lot of commission from people : 22% when you sign up 1% per transaction fee 10% when you withdrawal your money , so the company is making enough money to sustain themselves. THE CONRACT WAS SIGNED AND COSTS $22 Billion USD . If you have any questions about this I can provide you with all the information that you want .
*
Please see my earlier post. Maybe you would be able to explain it to me.
drfeelgood
post Dec 22 2014, 08:10 PM

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QUOTE(rekeyz @ Dec 13 2014, 04:53 PM)
wow...why i condemn??bcause 1 of my buddy join this..attend their functions..and blablabla..then i ask him, have u get ur split yet??answer is NO!!he joined almost 1 year now..and yet he get nothing..lucky i didnt join..else i will lose my money.. whistling.gif  whistling.gif

btw,if im not mistaken, on fellow forumers here have link that shows that this thing is illegal.. whistling.gif  whistling.gif

no free lunch in this world.. whistling.gif
*
Eh... the guy who approached me say got split in october... and show me some website. hmm.gif
drfeelgood
post Dec 22 2014, 08:13 PM

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QUOTE(g-mey @ Dec 19 2014, 10:56 AM)
Guess this clears the sheet up... hmm any ufun club people wanna talk about this?
rekeyz
post Dec 22 2014, 08:17 PM

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QUOTE(drfeelgood @ Dec 22 2014, 08:10 PM)
Eh... the guy who approached me say got split in october... and show me some website. hmm.gif
*
its not website bro..just blog..if this company really big one,sure have own website..
btw,that split,not happen.. doh.gif doh.gif ..like i said,they said got split whatsoever..then they post the utoken value in wechat moment..everyday increase owhhh..but i can see that few months ago,they stop doing that thing..maybe they start to realized that they are being cheated..
drfeelgood
post Dec 22 2014, 08:18 PM

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QUOTE(Uk2014 @ Dec 17 2014, 03:49 AM)
Is there anyone here from the UK who has bought Utokens?

I have and seems to be going great.

So far made $493 in 2 1/2 weeks, not a bad return so far.

My friend introduced me and he has been to their head office in Thailand and met the CEO's.

I would recommend anyone who wants to join do your own due diligence, there will always be an element risk with any business / investment you do and Entrepreneurs are risk takers.

Best of luck. If you need any advice, i'll be happy to assist.
*
Well it seems, the "parent" company Binapuri has refuted any affiliation with utoken or ufun....

Maybe you could shed some light into this?
drfeelgood
post Dec 22 2014, 08:21 PM

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QUOTE(mynnDAWG @ Dec 22 2014, 04:27 AM)
Now they are twisting the fact that they not an unvestment company / scheme but a group dealing / selling digital money....load of crap
*
Hmm. The guy told me they are something like bitcoin.... of course i know what bitcoin was... so he quickly shifted the subject to online shopping etc,,,,...

Asked me to invest 1000Usd or Rm3800. (But if you want to convert your utoken into cash the exchange drate is 3.2Rm for 1Usd... untung so much)

Seems I am quite lucky to search here first...

Hmmm....too good to be true.
drfeelgood
post Dec 22 2014, 08:23 PM

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QUOTE(rekeyz @ Dec 22 2014, 08:17 PM)
its not website bro..just blog..if this company really big one,sure have own website..
btw,that split,not happen.. doh.gif  doh.gif ..like i said,they said got split whatsoever..then they post the utoken value in wechat moment..everyday increase owhhh..but i can see that few months ago,they stop doing that thing..maybe they start to realized that they are being cheated..
*
Yup... the guy keep on flooding my whatsapp with hundreds of pics... screenshots of how much his tokens are and how many businesses are accepting tokens as payments??

Better keep my cash in bank... flex.gif
drfeelgood
post Dec 22 2014, 08:28 PM

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QUOTE(DevilUserUK @ Nov 19 2014, 04:27 PM)
Your question of validation is like asking, who validates the price of shares to increase?. its basically influenced by the most basic simple equation of Supply & Demand. Why does limited edition items, watches, phones increase in price? where does it say in the world that the price increase? what dictates the price increase?. Ie

1.Seller one sells for $330.

2. Seller two sells for $345.

3. Seller three sells for $ 280.

4. Seller four sells for $500.

Now once buyers buy all of them, and the only one left available is $500. If you want to buy, because there is no more supply below $500, you are forced to buy it at $500. I hope this clarifies your question as i feel the intention of your question is not related to your intelligence but rather in scepticism and doubt.
Also , in regards to the BNM list, kindly look at the website before relating it back to Utokens.

One of them is obviously a blog, and the other one is in malay??jutawan?? I mean logically just think, if you want to scam on an international level wouldnt you rather use an international web like www.utokens.com which doesnt see any affiliation to any particular country or language??.

Thats like saying if i open up a blog called applemacintosh.blogspot or jutaepal.com and i scam by selling fake apple products, this websites get banned it means www.apple.com is an illegal entity. because im affiliated by selling apple products.

Talking rubbish and indicting online on something is easy, just type and type and talk nonsense while people earn real money. Why? talking rubbish online doesnt cost you anything.

I see many of you writing about this being ponzi, pyramid, money game etc. If i were to walk out of my house now, and i cant use this Utoken anywhere besides on the screen, then yes, we r fcked. But if a private hospital can accept UTokens, if buying a car and a house i can use UTokens, eat outside, sleep in hotels paying UTokens here or overseas why do you think this is a short term investment?. Everyone keeps saying online is the future, what makes you think otherwise? Bitcoin is a proven REAL LIFE PROOF of a success of E currency still insufficient?

I wont argue that this will go on forever, even Chatime which was super successful and initially thought to branch out like starbucks, is now seen quietly settling in and even selling Horlicks now. There are so many reasons i can type, but i rather waste that time earning money because im too poor to buy a comfortable house in a safe environment , a nice imported car & go to London and stay in a hotel rather than a dorm and eat outside in a restaurant rather than a mamak.

I dont know about you guys, but one thing is for sure, if i had listen to 2 of my best friends telling me, this is a scam, better get out, i dont see the potential and good luck to you we will see 3 months from now. I wont be sitting here telling you guys i am close to earning back all my capital + another 5 to 10 times of that if it continues on for the next 6 months. If i choose to withdraw now, i would have earned 2 times, but i choose to risk it, because i can see the potential & if i miss this today, ill regret i didnt put more in.

Your situation may be similar to me, where 10 out of 10 tells you this is a scam, its absolutely normal, because they dont understand, it took me 2 hours of conversation to understand, do you think spending time researching online or talking to someone who has only seen 10 mins of info online being able to tell you whats really going on?. Maybe your friend isnt explaining to you the way he should be, maybe he himself doesnt completely understand.
Trust your judgement and if you have the hunger to succeed and get out of your current lifestyle, would it really hurt you to just try and listen with a fair mind?. If it really is fishy and sounds dodgy, no worries just get the fck out at least you cleared your doubt and like Bitcoin, seeing it at $1200 today you wont feel much except thinking wow its crazy how can it go up so high, oh well back to my work. BUT, if you listen, and you so happen joined, dont you think that there is HOPE that there is a possibility it may go beyond your expectations?. and what turn out to be a scam may indeed change your lifestyle?.

I met a real estate agent which told me he heard of UToken close to a year ago, i asked him, why didnt you join? he said no, i dont join things like that because i dont believe in it.Working hard is the best way. I then ask him again, he said no its ok & thats the end of the story.

Well lets rhetorically say he did join one year ago, and he joined at the lowest package of $500 at the price he said was at 0.20, my estimate today if he were to open the account to have a look at what he has, at todays value of roughly 0.11, he would have earned estimate of no less than $10,000. No MLM nothing just pure invest in UToken value & splits. Thats RM 32,000. Just because like every other normal people, he didnt even want to listen and understand and presumed the worst.

Today, you are in that same situation. Will you be the real estate agent, or take the risk like me, in hopes of a better future ( petrol naik, toll naik, makanan naik, phone bill naik, GF expenses naik but gaji tak naik. Do you really think that today even RM 40,000 will change your lifestyle? maybe if its £ 40,000 la. Our inflation so high RM50 also like RM10 thanks to our great Government. Take some time to understand , Leaders lead, followers follow. 10 people tell you they saw some pigs that can fly , are you the one to believe or think for yourself? you decide.
Forgot to add in, my 2 best friends which i mention when i first joined, which says "this is a scam, ponzi, i dont think it will last more than 6 months, its a pyramid scheme" now after about 3 months,

i told them i earned more than half of my money back in cash on hand, they just quietly says "good la for you, but i hope you wont lose your other half". Will they join now? no, because when i first ask they didnt join then why would they join now??.

Again 3 months later ill say i earn back all my capital. They will say "congratulations lo, you got lucky maybe". Will they join? nope. But mind you, if they had listened and joined when i first ask them to, today they will be standing next to me and congratulating one another we are just earning profits now.

And then another 3 months i start earning, I will say to them, im earning quite a lot now, you want to join? My guess is their answer will still be no, because of whatever reason, their answer will most likely be "its ok lah you already earning this stage, must be too late for me already".

1 year down the road and somehow miraculously UToken still continues, im driving a nice car, i own a house and my lifestyle changed, i meet them and ask, do you want to join now? their answer would most likely be, "do you think it will be too late now? maybe ill join and try."

The morale of the story, is you decide what result you want. Are you out here to look for opportunity, or ure out here to look for problems and faults?.
*
You were saying a hospital, cafe, car dealership accepts utokens? Really? Which one?
rekeyz
post Dec 22 2014, 08:33 PM

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QUOTE(drfeelgood @ Dec 22 2014, 08:23 PM)
Yup... the guy keep on flooding my whatsapp with hundreds of pics... screenshots of how much his tokens are and how many businesses are accepting tokens as payments??

Better keep my cash in bank...  flex.gif
*
nahhh..thats typical tactics of mlm..
they only use token in their premises..buy at their own business..they have the premise locations at their blog..as far as i know,other than that,nobody accept the tokens..
drfeelgood
post Dec 22 2014, 08:34 PM

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QUOTE(DevilUserUK @ Nov 21 2014, 10:36 PM)
This was after joining UToken.

Now before you say anything, my guess is that you will be saying that this can be forged, or its fake , or you need further better proof etc etc. Y? because your intention here was never to understand or to look at this impartially. After all words for you are just words, you dont risk nor lose anything by indicting. It will take forever to convince you and to what end?  With a glass half empty attitude, even if there is an opportunity right in front of you now, your first reaction is skepticism , doubt, and distrust. Likewise, my 2 good friends, which sadly had that exact same attitude. I now do not mention anything further other than showing result 1 to 2 years down the road. I am sharing my story not because i tend to gain nor do i stand to obtain benefit from this, but like many others here, and perhaps someone who is reading this, you, like me you are just looking for a hope and opportunity for a better change.

I would be lying if i said that i earn all this money through just the increase of UToken value alone. But im just an ordinary guy,im still working under a salary, i still do not own a house, and my parents arent rich. Had i been negative about this, i wouldnt even have the opportunity to explore and a chance to earn even an extra RM1000. i would still be in front of the screen contemplating whether to join now or not. Or perhaps even be on the other side shouting scam and ill see how long you will last  thumbup.gif attitude.

Its easy to point fingers and give an opinion, but honestly think hard and thorough, do you think positive and forward thinking will get you further in life? or the opposite? Im not saying there isnt risk involve in this, but the earlier you join, the faster you get your returns, the better peace of mind you will get whilst opening up a whole lot of possibilities.

A person msged me asking in short whether is it safe to invest in this. I asked this very same question to the person who introduced me into this. His answer was to everything there is risk, do not expect to invest in a low risk share and expect it to blow up like apple shares. Even alibaba's shares, many were skeptical and professional speculators and investors says " dont buy dont buy" because you are just owning a shell of the company not a part of the company. expected price range of $66 to $68. Now go and have a look at the current price of the share.

My answer to him at that time was, its ok, just buy for me first, ill bank in the money first thing tomorrow. Why did i have such blind faith that this isnt a scam or there isnt something dodgy about it?. Because i saw the results personally. do i regret or feel its a scam after joining and doing hours and days of research? nope. in fact im buying and trading in a higher volume now.
http://www.cnbc.com/id/102010663

It really depends on you, whether you are the follower, or the leader. Leader leads by knowing themselves and identify an opportunity where no one else can see. Whereas a follower will listen to the opinion of others and make their deduction base on others opinion. So those who knew that buying alibaba shares were an opportunity went ahead and buy. Isnt that risk? can you imagine if everyone had listened to "professionals" saying dont buy dont buy. With so much negative news you expect it to go up?!are you mad or stupid?!

For the skeptics,  i can only wish you the best of luck and you will only be proving my first point right by replying and being defensive towards my 2 cents remark. I will not envy your negative perception, maybe, you may have the last laugh if this fails tomorrow. But if it goes on for 1 to 2 years. Ill be silently enjoying my success, because i dare to try to make that first step and i have something called hope to look to. I will not regret for i know, with my positive attitude, im bound to bump into the right thing which will make me a bit richer than what i am today & yesterday. ( like UToken!)
For the ones looking to see if its the right investment?. only you can decide for yourself. Why i think this is different from the other e currency out there? because its the first one, and like everything that is first, it will always be the best. IE why macdonalds is more popular here in msia, but KFC is more popular in BRUNEI?. They entered the market first. why was chatime so successful but the rest not so?. Also because of its growing acceptance everywhere. The only way i can see this fail, is that when it has no value, and that will only happen when no one is willing to recognise and accept it. and Bitcoin after 5 years is still out there and someone out there is still accepting it with no concentrated group or culminated force pushing it forward till the last few recent years. But UToken? the company has already started aggressively promoting and encouraging merchants, businesses, services to trade and accept UToken. I can tell you many more other reasons, but at the end of the day, your attitude determines the outcome. So you decide for yourself, whether its worth the risk. You can take your time, but this i can tell you for a fact, the longer you procrastinate the higher the risk. The earlier you join the better if you ever do decide to.Or else because of contemplation, instead of being the one of the early birds to join you end up being one of the latest. If not just stay back and watch whether this will die in a day, a week, a month, half a year, a year, or many more years.

The choice is yours & yours alone, dont let doubt & fear cloud your mind, try and see it from an impartial point of view and if you can identify the key reasons why this will succeed, and you are willing to take the risk. Go ahead, because like everything in this world,no one knows except god knows what will happen tomorrow, so let your decision today be the best to your knowledge and ability today. Do your best, and let god handle the rest. Just be sure you're not throwing your babies milk money and your house and car into this. Only go in and invest with what you are comfortable sleeping at night with. (  Although i did throw my whole life savings into this ). Anyway months after joining UToken im out of this richer for sure =).
*
okay. Lets say i join for the 2 star package. At Rm3800 for Usd1000.

why do i get only 850 ucredits? Why the different ucredit and utoken?
why cant i get 1000Usd worth of Utoken?
why do i only get 13 tradeable utokens?
now the exact price per token is Usd0.13. Times 13 tokens... i am screwed of my Rm3800?
why did binapuri deny any affiliation with ufun?

Correct me if i am wrong and I will join you immediately.

drfeelgood
post Dec 22 2014, 08:36 PM

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QUOTE(kreak17 @ Nov 23 2014, 10:08 AM)
In response to this long winded story (which he himself has call others keyboard warrior, but wow, look at his long written essay),
UFUN has been banned by Bank Negara not because of his website lah.
Since when website need license?
BNM banned UFUN because of its unlicensed activities.

So, does it mean UFUN has no license ?
*
So is ufun blacklisted by bnm?

How can we check on this ? Does bnm provide a list of known scams? hmm.gif rclxms.gif
drfeelgood
post Dec 22 2014, 08:38 PM

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QUOTE(rekeyz @ Dec 22 2014, 08:33 PM)
nahhh..thats typical tactics of mlm..
they only use token in their premises..buy at their own business..they have the premise locations at their blog..as far as i know,other than that,nobody accept the tokens..
*
Ha ha ha... the guy until telling me how many JB clinics, opticians, mamak shop, char kueh teow stand already taking in utokens....

Dunno la. I had just 1 question for him... and he couldnt answer me ... yet... but just flood my whatsapp only.. haiyoh.
drfeelgood
post Dec 22 2014, 08:41 PM

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QUOTE(RUGGEDFIX @ Dec 4 2014, 08:29 PM)
So the ufun still can invest?
*
Yup. It seems, they are still actively recruiting. I was just approached yesterday. In fact.. let me share a screenshot of their 29/12/2014 new year offer...

If i can sieve through the hundreds of photos and screenshots sent from the recruiter into my whatsapp...
yokoloco
post Dec 22 2014, 08:43 PM

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QUOTE(drfeelgood @ Dec 22 2014, 08:36 PM)
So is ufun blacklisted by bnm?

How can we check on this ? Does bnm provide a list of known scams?  hmm.gif  rclxms.gif
*
QUOTE(mynnDAWG @ Aug 16 2014, 02:52 AM)
http://www.bnm.gov.my/documents/2014/20140725_FCA_EN.pdf

Congrats...it's in BNM list now...good luck to "investors"
*
drfeelgood
post Dec 22 2014, 08:43 PM

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QUOTE(bulkhy @ Dec 4 2014, 09:14 PM)
PM me if you looking into studying other options of investment .
i have one that will guarantee you 10% return in just 10 days ( Capital + Interest )
Started end of Sept 2014 ..Pioneer for sure  rclxms.gif  rclxms.gif
Cheers Guys.
*
Please Pm me.

Tks
drfeelgood
post Dec 22 2014, 08:45 PM

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QUOTE(yokoloco @ Dec 22 2014, 08:43 PM)

*
Thanks for the link.

http://www.bnm.gov.my/documents/2014/20140725_FCA_EN.pdf

really good luck.. icon_question.gif
drfeelgood
post Dec 22 2014, 08:46 PM

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QUOTE(drfeelgood @ Dec 22 2014, 08:41 PM)
Yup. It seems, they are still actively recruiting. I was just approached yesterday. In fact.. let me share a screenshot of their 29/12/2014 new year offer...

If i can sieve through the hundreds of photos and screenshots sent from the recruiter into my whatsapp...
*
The latest and supposedly cheapest and bestest package to join ufun...


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drfeelgood
post Dec 23 2014, 07:12 AM

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QUOTE(drfeelgood @ Dec 22 2014, 08:46 PM)
The latest and supposedly cheapest and bestest package to join ufun...
*
The guy dare not reply my query anymore....

He just keep on posting on the whatsapp group on how your Rm3800 can become Rm41k because bina puri got project with Marina Spa resorts Bangkok...

Blah blah blah...

So how to invest into ufun.?
futra
post Dec 29 2014, 10:12 AM

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I was approached by someone regarding this whole ufun thingy. The binapuri, the tv3 news, the minimum package join, the payback, the 60x bonus bla bla, the shops that accepts the tokens including lowyat plaza (for real?), and the best thing is.. let it breed, no need finding kaki and login this n that.. just buy when it's low n sell when it's high.. sorta like gold bar thingy.

During his explanation, I browsed bnm n found out it's listed with the "aktiviti tidak berlesen" remark, but dare not tell him at that point since he was SO eager and hyped about it. Do they wait for it to become "berlesen" or risk all the way until some shit happens and freeze all the accounts.. by then, dunno what to say but nangisss...
JuneResources
post Dec 29 2014, 04:32 PM

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I heard my friend say can earn profit 10x (ten times bonus!!).. Is it true?
Feel like a bit ridiculous..

Would somebody advice this??
mynnDAWG
post Jan 2 2015, 11:06 AM

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QUOTE(g-mey @ Dec 19 2014, 10:56 AM)
Read the statement from Bina Puri
MyRedz
post Jan 3 2015, 09:27 PM

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QUOTE(rozekmulia @ Sep 27 2014, 03:21 PM)
It same goes to bitcoin. To be honest, I also aware about the issue.
Currently UTokens/UFun already collaboration with TV Internet's Taiwan.

This is my opinions;
1. During peak time, the value of UTokens will be arise until it will static. Right now there have millions transaction of token per day. Because there a lot of people joined and sells token.
2. Once the registration close, the company will collect back their token. So far I don't know yet. This only my opinion.
3. When that happen, all tokens will be trade, whether to buy the things (at ufunclub.com) or cash it back.
4. There have around 30-40% hidden fee.
5. This is business, the fast you join, the safe you are.

This system was guarantee by banks, the bank also don't want to take any risk or losing. When UFun gave 10m to bank, why bank accept it?

Currently there has ubtmall.com (to do business using tokens), please take some peek over there.

By the way, I don't have any downline. I save for myself,and get back my modal. If anyone want to learn or to get more information, please let me know..

I just help
*
Hi bro..on what terms are u comparing with bitcoin?? Ufun is not the same..its just some public forum or company way of own currency which i suspect is owned n traded byk the comp..not worldwide mining of bitcoin
Uk2014
post Jan 3 2015, 11:44 PM

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QUOTE(drfeelgood @ Dec 22 2014, 12:18 PM)
Well it seems, the "parent" company Binapuri has refuted any affiliation with utoken or ufun....

Maybe you could shed some light into this?
*
Binapuri is it's own company and has nothing to do with Ufun, they are just collaborating to build the Bangkok Marina resort in which Ufun have invested 29%
drfeelgood
post Jan 4 2015, 10:46 AM

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QUOTE(futra @ Dec 29 2014, 10:12 AM)
I was approached by someone regarding this whole ufun thingy. The binapuri, the tv3 news, the minimum package join, the payback, the 60x bonus bla bla, the shops that accepts the tokens including lowyat plaza (for real?), and the best thing is.. let it breed, no need finding kaki and login this n that.. just buy when it's low n sell when it's high.. sorta like gold bar thingy.

During his explanation, I browsed bnm n found out it's listed with the "aktiviti tidak berlesen" remark, but dare not tell him at that point since he was SO eager and hyped about it. Do they wait for it to become "berlesen" or risk all the way until some shit happens and freeze all the accounts.. by then, dunno what to say but nangisss...
*
Yes. Being disturbed by some ufun fella here as well.

Now utokens are only recognised by ufun. It is not a sovereign currency.

So go in, invest all your money.

And when ufun has collected enough deposits, they close shop.

All ufun people cry, suck thumb, beat themselves silly.....


drfeelgood
post Jan 4 2015, 10:50 AM

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QUOTE(Uk2014 @ Jan 3 2015, 11:44 PM)
Binapuri is it's own company and has nothing to do with Ufun, they are just collaborating to build the Bangkok Marina resort in which Ufun have invested 29%
*
You cannot firstly claim.... that ufun is partner with mah sing and binapuri ...

Then in the very next breath say binapuri has nothing to do with ufun.

Both statements contradicts each other.
reed90
post Jan 4 2015, 11:58 AM

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QUOTE(momocoyee @ Jun 10 2014, 10:39 PM)
We run this with approval.

We have corporate with binapuri closely
We have launch a resort in Bangkok with binapuri u can find more about it on Internet.

If we are scam binapuri won't choose us as partner
It will affect their reputation.
*
http://www.binapuri.com.my/public/index.aspx

Announcement
This is to inform that Bina Puri Holdings Bhd and / or its Subsidiaries or Affiliates Companies have NO involvement with UFUN Group’s activities in promoting their UTOKEN project. Our Company have written officially to UFUN Group not to associate our Company with their activities. A copy of the said letter is attached for easy reference.
xCALLUM
post Jan 5 2015, 09:45 PM

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QUOTE(futra @ Dec 29 2014, 10:12 AM)
I was approached by someone regarding this whole ufun thingy. The binapuri, the tv3 news, the minimum package join, the payback, the 60x bonus bla bla, the shops that accepts the tokens including lowyat plaza (for real?), and the best thing is.. let it breed, no need finding kaki and login this n that.. just buy when it's low n sell when it's high.. sorta like gold bar thingy.

During his explanation, I browsed bnm n found out it's listed with the "aktiviti tidak berlesen" remark, but dare not tell him at that point since he was SO eager and hyped about it. Do they wait for it to become "berlesen" or risk all the way until some shit happens and freeze all the accounts.. by then, dunno what to say but nangisss...
*
Someone from this ufun is also kacauing me. The way i see it, the company gave me bad first impressions, the way the company advertises is too fishy, or too good to be true.
And for shops to accept the so called 'utoken' is just talking shet. Even bitcoin, a sovereign currency is not accepted as a method of payment. ( correct me if i'm wrong )

Did some research, for anyone who can read chinese, this page is constantly updating about the efforts of Thailand gov to sapu this company.
https://www.facebook.com/Combatingillegalpy...?type=1&theater

It states that the company will vanish before the next national day of Thailand.
xCALLUM
post Jan 5 2015, 09:47 PM

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QUOTE(MyRedz @ Jan 3 2015, 09:27 PM)
Hi bro..on what terms are u comparing with bitcoin?? Ufun is not the same..its just some public forum or company way of own currency which i suspect is owned n traded byk the comp..not worldwide mining of bitcoin
*
This is the most frustrating thing about the company's members.. They keep advertising that this utoken is the next Bitcoin, so that people who don't know how Bitcoin works would be cheated. It's just another pyramid scheme/ money game company, whatever you wanna call it.
MyRedz
post Jan 6 2015, 12:00 AM

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QUOTE(xCALLUM @ Jan 5 2015, 10:47 PM)
This is the most frustrating thing about the company's members.. They keep advertising that this utoken is the next Bitcoin, so that people who don't know how Bitcoin works would be cheated. It's just another pyramid scheme/ money game company, whatever you wanna call it.
*
yeah..my super fanatic bitcoin guys..the ones that do mining and crypto stuff are so angry at this...utoken is what/?????not bitcoin..learn basic of digital currency .
lord_anju
post Jan 8 2015, 11:17 AM

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I know i can always rely on Lowyat to get info. Was approached by colleague about this UFUN with all the stats and bizarre numbers. It sounded suspicious from the beginning:

1) you just pay and remain passive: who willing to give you money like this?? even parents will chase us out if we give rm1900 and just sit shaking leg for a year.

2) my colleague told she could not sleep thinking how much she missed cos her bro who invested earlier got 10x token. YUP, for sure they can given u 10x token and it can only be cashed out in small amount. its just token for God sake. ask them to given you RM10000 and make it cashable anytime. then i trust.

whatever scheme that promises easy money is a scam. there are those who will make money, the early birds. the later ones will be conned. some say take the opportunity. but i say, NO. certainly dont want to feed my children this kind of dirty money. work for it.
babykon101
post Jan 8 2015, 11:46 AM

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Should be legit. I've seen lots of people posting up pictures of their e-bank account and the numbers inside there is like WOW. smile.gif
mynnDAWG
post Jan 8 2015, 11:18 PM

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QUOTE(babykon101 @ Jan 8 2015, 11:46 AM)
Should be legit. I've seen lots of people posting up pictures of their e-bank account and the numbers inside there is like WOW. smile.gif
*
hhshh

This post has been edited by mynnDAWG: Jan 17 2015, 12:45 PM
ahwai
post Jan 9 2015, 08:35 AM

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it's a conjob right?
Encik Aduka
post Jan 9 2015, 08:42 AM

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LOL ufun
babykon101
post Jan 9 2015, 04:40 PM

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QUOTE(mynnDAWG @ Jan 8 2015, 11:18 PM)
Suckers are born every minute...
*
Was being sarcastic and cheeky. Of coz i noe those e-bank accounts amount to nothing if can't withdraw everything instantly.


nursalika
post Jan 15 2015, 08:03 PM

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Pandai2 kome je tuduh ponzi piramid mlm bagai ye...
kalau kome rasa tak hingin or tak yakin tak usahlah kome join or rajin sangat bagi pendapat ikut auta sendiri...




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nursalika
post Jan 15 2015, 08:08 PM

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Y ufun n utoken xde listed bnm? Sbb ufun listed under kpdnkk lah..bank negara malaysia tu kan..mane ade akta perniagaan pulak dalam bnm...hadoi korang ni...xreti buat2 pakar pulak dah...
mynnDAWG
post Jan 19 2015, 12:52 AM

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Xxx

This post has been edited by mynnDAWG: Jan 26 2015, 01:47 AM
drfeelgood
post Jan 27 2015, 08:05 PM

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QUOTE(drfeelgood @ Dec 22 2014, 08:36 PM)
So is ufun blacklisted by bnm?

How can we check on this ? Does bnm provide a list of known scams?  hmm.gif  rclxms.gif
*
There. This the sauce of UFUN CLUB being blacklisted by BNM for... well

Up to you guys to think of it.


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drfeelgood
post Jan 27 2015, 08:07 PM

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QUOTE(nursalika @ Jan 15 2015, 08:08 PM)
Y ufun n utoken xde listed bnm? Sbb ufun listed under kpdnkk lah..bank negara malaysia tu kan..mane ade akta perniagaan pulak dalam bnm...hadoi korang ni...xreti buat2 pakar pulak dah...
*
Sorry it is BLACK LISTED ....


This is the readily available data from BNM website.


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babykon101
post Jan 29 2015, 10:00 AM

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Guess no one will be getting their villa in bangkok brows.gif
yok70
post Feb 1 2015, 09:27 PM

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it's just too obvious when you watched their videos. Nothing on professional banking explanation, only keep talking about how much profit the Utoken provided. This is so typical SCAM behavior. Banks backing them up? Come on! Tell me if there is one NATIONAL BANK backing them up. Tiny unknown banks from nowhere means nothing at all. Bank can bankrupt easily. When you ask a simple, real question, they can never answer you property. Guys, there is no free lunch in this world. If you want gambling, go Genting to gamble with dignity and honesty. Don't pull your friends, your family members into this SCAM pool. People willing to invest hundreds of thousands on an investment, but very few dare to gamble that kind of amount. So when you convince your down lines this is "an investment", your friend or family members may be facing bankruptcy soon. Genneva not good enough example? cool2.gif

This post has been edited by yok70: Feb 1 2015, 09:29 PM
yezhi
post Feb 9 2015, 03:25 PM

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My colleague did ask me to join.. She said that modal only RM1900 and talk it's so good and dividend what kind of stuff.. When I said I'm not interested she even told me that don't wait until she can BUY a hummer then I rush to buy one. LOL. I'm waiting to see her crying face when the company bankrupt.
scmalert
post Feb 10 2015, 12:50 AM

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The person who solicit this will be insulated by their friends and be isolated.
They are wanting money rather than friendship.
Almost people can see through that.
Administrator just mix Piramid MLM scheme and Ponzi scheme of fiction currency.
But believer does not have the ear to hear. They completely soar. shakehead.gif

This post has been edited by scmalert: Feb 10 2015, 12:54 AM
kreak17
post Feb 10 2015, 08:57 AM

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Can you all accept the logic that UFUN create their own money, Utokens, just to get your real money?
And their UTOKEN is not accepted as currency by any countries.
They can run away with your hard earn money any time , and you cannot do something about it.

DGK007
post Feb 10 2015, 04:09 PM

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see how people laugh at those who invest in bitcoin/ whatever digital coin....
http://savemalaysia2015.blogspot.com/2015/...coinmycoin.html

This post has been edited by DGK007: Feb 10 2015, 07:52 PM
mbtrader
post Feb 14 2015, 04:09 AM

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For all of you naysayers out there that do not know what you're talking about, UFUN Group is very sound and legit. Just do some simple research and you will come to this conclusion. Better yet just invest at the 1 Star level and try it out. Oh by the way, you can get your money out. What they do is allow you to withdraw 70% of your money and the other 30% is sent back to your reserve account to be put back into Utokens so the system never gets a run on it or crashes.

I am a member of UFUN and invested at the 3 Star level and glad I did. I will post my real account of my backoffice so you can see that this is real and that people are actually really doing this and purchasing real products. Here is one where a guy bought $3200 worth of watches at a REAL store. https://www.youtube.com/watch?v=AUKWJpJP-80

Don't be foolish people, this is new to the world and to us so of course it will be natural to be skeptical but don't be stupid and at least try this and do research on it. Are you not looking at what happened to the bitcoin milionaires, Facebook Millionaires, Alibaba Millionaires. What do they all have in common? They all got in these opportunities when the price was really low like it is now with Utoken.

The company has now proven themselves to be able to withstand the test of time and have some humongous investors. The BDG Bank in New Guinea is one of the 3 that are holding the Gold reserve for UFUN and doing money transfers as well.

The company has done 3 splits already and each time the holders of Utoken had their accounts multiplied by 10X's the amount, there are suppose to be more in the future but no guarantee of this but definitely plans and also the works are in action now to go on London NASDAQ to begin their IPO. We all know what happens during IPO's -hint Alibaba, FB, Twitter, etc. So you get in now and you will be the proud recipient of growth on your investment that you invest in this now.

There are a ton of businesses who have agreed to accept Utoken and the site ubarter.com is still in the works but ubtmall.com is where you can go to buy things with utoken. I want to invite you to look at this video and if you have any quesitons and think that this is for you then feel free to contact me. I can't say anymore on it because you have to convince yourself that this is right for you.
This give a excellent overview of everything that is going on with UFUN now, do your own homework:
https://www.youtube.com/watch?v=9g7g2Leh3FY
mbtrader
post Feb 14 2015, 06:22 AM

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Here is the link to a image of my backoffice, it has over 30K Utoken in it that I can get out and have gotten out. You can have as many accounts as you want. The MLM component that is attached to Utoken will not be there forever, it is designed to get the word out for UFUN and will go away one day so if I were you I would get in. Opportunity waits for no one.

Here is the link to my back office for the UBonus site, there are 2, one for team building and the other one for actual Utoken buying and selling at www.utokenkms.com. You can always get the price of Utoken at www.buyutoken.com

http://s5.postimg.org/n3fmyf6mf/Screenshot...13_14_13_41.png
kreak17
post Feb 14 2015, 12:05 PM

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Well, we did do our research.
And it will be no surprise that after this Chinese New Year, the so-called UFUN has ceased to exist.
We have many proof from government and other sources which contradict what UFUN has stated.
UFUN has not yet take legal action for those who slander UFUN.
From here, we can see how legit UFUN is.

Well, hopefully your UFUN will not become URUN.

mbtrader
post Feb 15 2015, 01:49 AM

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Where are these proofs that after Chinese New Year that UFUN will cease to exist. Please post the links so we can all see them. There is no proof of any of this so therefore this is just words that you say. And not hopefully my UFUN will become URUN it won't. They have a large professional legal staff all over the world helping them to stay compliant. This real and here to stay. The government? Which one? Many world governments and UFUN is in over 75 countries already so all of those governments have to say no
mbtrader
post Feb 15 2015, 01:55 AM

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Is UFUN Legal? Go do your homework and come back after CNY and lets see.

https://www.youtube.com/watch?v=9FKv0Hje9Xs

user posted image

This post has been edited by mbtrader: Feb 15 2015, 03:20 AM


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mbtrader
post Feb 15 2015, 05:41 AM

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Documentation Beats Conversation Anyday!!!!!!!!!
EddyGrowrich
post Feb 15 2015, 10:38 AM

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It's up to the people. If they believe in it, they will invest. If not, it's their right to do so.
kreak17
post Feb 16 2015, 05:26 PM

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QUOTE(mbtrader @ Feb 15 2015, 01:55 AM)
Is UFUN Legal?  Go do your homework and come back after CNY and lets see.
https://www.youtube.com/watch?v=9FKv0Hje9Xs
user posted image
*
Ha, ha!! What kind of document is that?? Official statement from the DSI??
I laugh at how gullible some people are.

Those statement existed since last year 2013 March and have circulating around times and times again.
Some said in March, some said in October.
But the truth is , the documents is not from DSI, Thailand.

I pity the fool.

Just get in touch and don't just disappear when your so-called UFUN has run away with your money.

Cheers
kreak17
post Feb 16 2015, 05:27 PM

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QUOTE(EddyGrowrich @ Feb 15 2015, 10:38 AM)
It's up to the people. If they believe in it, they will invest. If not, it's their right to do so.
*
It's up to them but it's also up to us to create awareness that none will fall prey to scams.
mbtrader
post Feb 18 2015, 02:41 PM

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I just got paid today of $1,190 and that is cash that is in my bank account. What actually makes that a scam? You will eventually come to know that this is here to stay. No one goes around the world with notable and respected leaded and spend millions of dollars in infrastructure to scam people EVEN before they released it to the public. Get some common sense and look at the writing on the wall.

I don't have to show my payment to prove that this is real, what's the use, you won't believe it anyway.
hakka_jin
post Feb 24 2015, 03:13 PM

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you know that this UFUN is trouble when you google it. You won't get an official website of UFUN in the result page... how fishy is that? all you get is some facebook page, blog and some other individual sites... really? come on... multi million projects but cannot have their own website domain? or it was intentionally left that way... and try to google ufun head office... see what you get? nuff said
azliayob
post Feb 24 2015, 03:31 PM

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Those who already benefit from ufun wont stop because they got what they want..
Break even, let the profit money goes on..

Legal or not, as long as people get benefit, they will say yes..
Just quickly make profit before it is officially illegal..

The cons: you re making ur friends/relative staying away from u if they didnt get what they want..


kreak17
post Feb 25 2015, 10:11 AM

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They don't want to believe official website like our Bank Negara Malaysia (BNM).
They too greedy to heed notice from friends and families.
They will surely said we are envy of their success.



-CoupeFanatic-
post Feb 26 2015, 02:30 AM

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However anyone markets the product, of course they will promote the good side of it and most of the time exaggerate. Be it Genneva Gold, Forex Investment plans, Tone Excel bull shit, or even UFun's Utoken. They all share the same characteristics but camouflaged with some unique features, all of which are MLM / Pyramid Schemes, some even are Ponzi Schemes. But of course they're gonna tell you NO its not, bla bla bullshit which in fact is one of the first things they tend to say isn't it?

There is no promise that you will make a certain amount of money you will earn / lose using their products and services. You're not gonna make money by just investing that RM 1900 to the company. Get in the right time and get out the right time. Of course no one knows when is the 'right' time to get in and out, that is the risk you have to bare.
You have to take proper actions to profit from this.

I signed up a 2-star package this January 2015, I believe that there is no free lunch in this world. I treat this as a stock market, buy low sell high. Of course this is very much different from a stock market, stock prices rise and fall everyday, and also that you cannot short sell this. Utoken will rise until such a point where the company decides to do the 'split', thats where the value drops by a factor of X. When that happens, your number of utokens will be multiplied by a factor of X too, which means that the value of utokens will remain the same.

And one thing, you cannot sell ALL of your utokens back to the company. About 70% of your total utokens can be sold to the company, the other 30% you can sell it by to other actualy people who wants to buy it.

I will be posting profits / losses here with proof of bank accounts and stuff. This will determine whether this thing will be profitable for me and is it a worthwhile 'investment'.

P/S: I won't be surprised if tomorrow UFun Club decides to go bankrupt, and it might actually happen, srsly tho.

NOTE: I am not an affiliate with UFun Group in any way, and I am not siding nor am I bashing them. Just sharing what I know and I opinion of what should be done.
hondajazz777
post Mar 9 2015, 08:25 PM

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QUOTE(hakka_jin @ Feb 24 2015, 07:13 AM)
you know that this UFUN is trouble when you google it. You won't get an official website of UFUN in the result page... how fishy is that? all you get is some facebook page, blog and some other individual sites... really? come on... multi million projects but cannot have their own website domain? or it was intentionally left that way... and try to google ufun head office... see what you get? nuff said
*
www.ufunclub.com
www.ufunclub.co.uk
www.ufuninternational.com
www.utokeninternational.com
-CoupeFanatic-
post Mar 15 2015, 06:12 PM

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QUOTE(hondajazz777 @ Mar 9 2015, 08:25 PM)
www.ufunclub.com
www.ufunclub.co.uk
www.ufuninternational.com
www.utokeninternational.com
*
another one of their 'official website'

www.ufuninc.com
nexona88
post Mar 15 2015, 10:20 PM

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lol already have 4 website, now add another one tongue.gif
alanshore
post Mar 16 2015, 10:37 AM

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one of the ufun member said to me.... those people who trash us... they are coward, talk a lot only .
-CoupeFanatic-
post Mar 26 2015, 05:47 PM

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QUOTE(alanshore @ Mar 16 2015, 10:37 AM)
one of the ufun member said to me.... those people who trash us... they are coward, talk a lot only .
*
did you fall for their trap and buy that scheme?
alanshore
post Mar 26 2015, 06:11 PM

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QUOTE(-CoupeFanatic- @ Mar 26 2015, 05:47 PM)
did you fall for their trap and buy that scheme?
*
so far tempeted only la... my cash also sitting down do nothing also . thinking to join ....
SUSMNet
post Mar 29 2015, 10:16 AM

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QUOTE(alanshore @ Mar 26 2015, 06:11 PM)
so far tempeted only la... my cash also sitting down do nothing also . thinking to join ....
*
better u join bro at least can earn $$ thumbup.gif
kreak17
post Apr 10 2015, 12:45 PM

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Crackdown of UFUN in Thailand has begun today.

Stay tuned.............
yokoloco
post Apr 10 2015, 03:29 PM

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QUOTE(kreak17 @ Apr 10 2015, 12:45 PM)
Crackdown of UFUN in Thailand has begun today.

Stay tuned.............
*
please update as soon as you have news
kreak17
post Apr 10 2015, 04:08 PM

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https://www.google.com.my/url?sa=t&rct=j&q=....90491159,d.c2E
kreak17
post Apr 10 2015, 04:09 PM

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http://pantip.com/topic/33493431

This post has been edited by kreak17: Apr 10 2015, 04:10 PM
kreak17
post Apr 10 2015, 04:55 PM

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Finally came the day of the teeth (UFun) and the token z (UToken).
Release Date
Volunteersocial issues, consumer protectionlaws, localsinvestment.
Police Raid u-fun Networking, Network Marketing, Network Marketing network across the state.

Police Crime Suppression Division of Consumer Protection (ed. AHTD.) Office of Consumer Protection Board (CPB.).
And National Anti-Money Laundering Office (AMLO.), Seized the network, Network Marketing Company Limited Castro teeth with large networks. In many countries, the executive is a Malaysian. The network pyramid schemes that have not one hundred preliminary OCPB has revoked the license of the Company on April 8 back to the board meeting to 3 times but did not get the cooperation and AMLO. Is. detention of such networks initial 250 million baht, which the authorities have issued a warrant for the management and shareholders of 8 to 3, and the Malaysian Thailand Thailand 5 people comprising Mr Nutt Beach Saenkla /.
Mr. Arun Ratc seeing Ingram /.
Mr. Rithidate METROPOLIS / Mr. Sun Pankaew.
/ Mr. Lo China Andhra cuisine.
Malaysian
Comprising Mr. poured Kim Leng / Won Tsinghua.
/ Lee Ming swinging together on charges of fraudulent loans to the public.

The Raid on this network. Is distributed to the various authorities. By the first officer on the ground is the Ram 62 arrested, accused Mr. Rithidate METROPOLIS lawyer. As a major shareholder, holding about 51% of Mr. Sunday Pankaew shareholders. The warrant was not in such a place was found that the property was used as an office in the business. And found a lot of financial documents. And to find a property that is equipped with the astrological lot.
Mr. Rithidate the year 2557, when they joined the company has not confirmed that the alleged fraud. I did not sell any of its products. But the nature of the goods sold by the members themselves.

The police lieutenant random phrase mercy Assistant Commissioner of Police said the arrest was due invaded. There were complaints that it was a fraud from the center Wimax unfair business. So as to synchronize OCPB to check and found that achieving such is the nature of pyramid schemes. Registration of a company called U-Store Co teeth.
Since 2557 Overview juice. And cosmetics But when the check was not found. Products that do exist are open to register. The ads that have high returns.
Previously, the authorities have arrested a direct experience, then this is Thailand and Malaysia. According to a preliminary investigation Network, Network Marketing Network is a member of at least one hundred thousand people, and the capital of not less than one billion baht.

However, in addition to seizures in those areas, but also to distribute the power to the ground in the home of a major network. Which at about noon to Gen. Suwat. Poompanmoung National Police arrived reviewed.

***********************
kreak17
post Apr 10 2015, 04:57 PM

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http://translate.google.com.my/translate?h...om/&prev=search
kreak17
post Apr 10 2015, 05:19 PM

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http://news.ch7.com/detail/118288/%E0%B8%9...B9%8C_UFUN.html
kreak17
post Apr 10 2015, 05:43 PM

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https://www.google.com.my/url?sa=t&rct=j&q=...1hygCrK-kTb5yFw
fotosintesis
post Apr 11 2015, 07:12 PM

So which of the favors of your Lord would you deny?
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Come here right after the crackdown news heard this afternoon


Any other source???
Wanna poke my dumbworth friend later
Huehue
fotosintesis
post Apr 11 2015, 07:22 PM

So which of the favors of your Lord would you deny?
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From: Cney ya..


QUOTE(-CoupeFanatic- @ Feb 26 2015, 02:30 AM)
However anyone markets the product, of course they will promote the good side of it and most of the time exaggerate. Be it Genneva Gold, Forex Investment plans, Tone Excel bull shit, or even UFun's Utoken. They all share the same characteristics but camouflaged with some unique features, all of which are MLM / Pyramid Schemes, some even are Ponzi Schemes. But of course they're gonna tell you NO its not, bla bla bullshit which in fact is one of the first things they tend to say isn't it?

There is no promise that you will make a certain amount of money you will earn / lose using their products and services. You're not gonna make money by just investing that RM 1900 to the company. Get in the right time and get out the right time. Of course no one knows when is the 'right' time to get in and out, that is the risk you have to bare.
You have to take proper actions to profit from this.

I signed up a 2-star package this January 2015, I believe that there is no free lunch in this world. I treat this as a stock market, buy low sell high. Of course this is very much different from a stock market, stock prices rise and fall everyday, and also that you cannot short sell this. Utoken will rise until such a point where the company decides to do the 'split', thats where the value drops by a factor of X. When that happens, your number of utokens will be multiplied by a factor of X too, which means that the value of utokens will remain the same.

And one thing, you cannot sell ALL of your utokens back to the company. About 70% of your total utokens can be sold to the company, the other 30% you can sell it by to other actualy people who wants to buy it.

I will be posting profits / losses here with proof of bank accounts and stuff. This will determine whether this thing will be profitable for me and is it a worthwhile 'investment'.

P/S: I won't be surprised if tomorrow UFun Club decides to go bankrupt, and it might actually happen, srsly tho.

NOTE: I am not an affiliate with UFun Group in any way, and I am not siding nor am I bashing them. Just sharing what I know and I opinion of what should be done.
*
Any news on such matter now, since ure open enough with the discussion and realise on the risk since start

No, I'm not joining any of these ponzi scheme
Just interested with such heads up, since most of my U friend has join them
-CoupeFanatic-
post Apr 11 2015, 08:18 PM

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QUOTE(fotosintesis @ Apr 11 2015, 07:22 PM)
Any news on such matter now, since ure open enough with the discussion and realise on the risk since start

No, I'm not joining any of these ponzi scheme
Just interested with such heads up, since most of my U friend has join them
*
Will update further as time passes, up to today i have not cashed out yet.
Le Don
post Apr 11 2015, 10:09 PM

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No more fun...
Single Mother
post Apr 12 2015, 02:32 AM

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Crack down started and swiftly


Attached thumbnail(s)
Attached Image Attached Image
Single Mother
post Apr 12 2015, 02:33 AM

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Soon more will go to jail


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Single Mother
post Apr 12 2015, 02:34 AM

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This can also happen in Malaysia soon


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Adda Fx
post Apr 13 2015, 01:17 AM

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Never invest in a business you cant understand, that is one of my fav quote of Warren Buffet. Firstly, behindmlm.com will tell you what is ufun club/utoken is all about. Please read.. And if you looking for real/clear investment and want to get income every week for 48 week, kindly email me adda.nursyuhadahfauzi@gmail.com for more information. Please refer this website before ask me any questions, mgcforex.com.. You can choose either select a package or trade by yourself 😉


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alanshore
post Apr 13 2015, 10:49 AM

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QUOTE(MNet @ Mar 29 2015, 10:16 AM)
better u join bro at least can earn $$  thumbup.gif
*
wow.... it was ponzi sweat.gif

at least i dont felt regret now whistling.gif



spikey2506
post Apr 14 2015, 02:39 AM

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Good God I have so many around me trying to sell me this dumbness. I really wanna see their faces after this Thai crackdown
MR_alien
post Apr 14 2015, 11:38 PM

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UFUN and UTOKEN is taken down in thailand
meanwhile today, i saw a FB friend keep on promoting UFUN, uploading picture of the datuk meeting VIPs...and show how successful it is
LEL
alanshore
post Apr 16 2015, 08:49 AM

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i see ufun in malaysia still active shakehead.gif ... why they not affected ?? hmm.gif
SUSyklooi
post Apr 16 2015, 08:52 AM

Look at all my stars!!
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QUOTE(alanshore @ Apr 16 2015, 08:49 AM)
i see ufun in malaysia still active  shakehead.gif  ... why they not affected ??  hmm.gif
*
hmm.gif because maybe BNM is still working in "stealth" mode gathering and compiling data?
FunkyBass
post Apr 16 2015, 10:24 AM

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QUOTE(MR_alien @ Apr 14 2015, 11:38 PM)
UFUN and UTOKEN is taken down in thailand
meanwhile today, i saw a FB friend keep on promoting UFUN, uploading picture of the datuk meeting VIPs...and show how successful it is
LEL
*
bcoz someone in UFUN have write a letter explaining what happen in thailand.
and UFUN agent in Malaysia believe that letter.

p/s : im not joining them but im monotoring them since one of them asking my wife to join

This post has been edited by FunkyBass: Apr 16 2015, 10:28 AM
Le Don
post Apr 16 2015, 11:27 AM

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QUOTE
Although the company's business in Thailand has been temporarily suspended and its bank accounts frozen pending the police investigation, the company will do all it can to make payments to members who want to withdraw their money.


http://www.bangkokpost.com/news/general/52...ut-in-ufun-case

This post has been edited by Le Don: Apr 16 2015, 11:29 AM
yokoloco
post Apr 16 2015, 12:59 PM

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From: CatCity, Sarawak



QUOTE(Le Don @ Apr 16 2015, 11:27 AM)
good good. i found this on the site as well

QUOTE
The Criminal Court on Sunday rejected bail for four executives of UFun Store Co Ltd, which allegedly operated a pyramid scheme of the same name that involved about 100,000 people and 20 billion baht in possible damages...

...It also agreed with police that the defendants could flee and that the case concerned a large number of people and a huge amount of money.

...UFun was granted permission under the Direct Sales and Marketing Act to sell herbal drinks, fruit drinks and cosmetics on May 25 last year but police later found it was operating a pyramid scheme which focused on bringing in new members rather than selling products. Police were acting on complaints by the company’s business partners who said they had not received their shares of promised profits.

According to the police investigation, UFun made money by persuading people to invest with it through its website and other online channels. It offered five investment positions: one-star (US$500 — 16,000 baht), two-star ($1,000), three-star ($5,000), four-star ($10,000) and five-star ($50,000). After becoming members, the customers would get points for discounts when buying products...

The members were asked to persuade others to join their team by buying UTokens, a virtual currency of its own used to buy the company's products.


http://www.bangkokpost.com/news/general/52...ain-behind-bars
FunkyBass
post Apr 20 2015, 11:08 AM

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Number of UFUN complaints rises to 46, damage claims hit Bt22m

http://www.nationmultimedia.com/national/N...m-30258294.html

30 file police complaints claiming Ufun stole B15m

http://www.bangkokpost.com/news/general/53...ufun-stole-b15m

This post has been edited by FunkyBass: Apr 20 2015, 11:12 AM
Bulusiz
post Apr 20 2015, 11:11 AM

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It is something like a ponzi scheme. Alot of people made alot of money at the beginning. Not sure if it will burst soon.
Bombgen
post Apr 21 2015, 02:56 PM

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BODOH PUNYA MLM
-CoupeFanatic-
post Apr 22 2015, 09:23 PM

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Its stupidly amazing how the so called 'leaders' manipulate their ways in to justifying their own case, just pathetic. And they lie through their teeth again and again, the OFFICE is MIDValley is not even OPEN! it was left vacant for the past 6 or 7 month! FML

Faith in humanity = lost
malleus
post Apr 22 2015, 10:43 PM

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QUOTE(-CoupeFanatic- @ Apr 22 2015, 09:23 PM)
Its stupidly amazing how the so called 'leaders' manipulate their ways in to justifying their own case, just pathetic. And they lie through their teeth again and again, the OFFICE is MIDValley is not even OPEN! it was left vacant for the past 6 or 7 month! FML

Faith in humanity = lost
*
that mbtrader fellow seems to have gone very very quiet lately.
yeelong
post Apr 23 2015, 02:36 PM

K for /K
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From: Sibu, Cheras Selangor



QUOTE(alanshore @ Apr 16 2015, 08:49 AM)
i see ufun in malaysia still active  shakehead.gif  ... why they not affected ??  hmm.gif
*
protection $$ paid. so no need to scare just like YSLM
ReWeR
post Apr 23 2015, 02:38 PM

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QUOTE(MNet @ Jun 9 2014, 07:24 PM)
If so many loop hole, then why only a few of these scheme less than 1000 in the market?
*
QUOTE(ReWeR @ Jun 10 2014, 07:08 AM)
faster go join with all ur money
*
After 1 year you should be very rich with all the investment in UFUN right? nod.gif
apathen
post Apr 23 2015, 04:31 PM

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QUOTE(-CoupeFanatic- @ Apr 22 2015, 09:23 PM)
Its stupidly amazing how the so called 'leaders' manipulate their ways in to justifying their own case, just pathetic. And they lie through their teeth again and again, the OFFICE is MIDValley is not even OPEN! it was left vacant for the past 6 or 7 month! FML

Faith in humanity = lost
*
to save you from embarrassment don't be too quick to shoot from your mouth and believe in everything media reported, in this case media just copy the news without verify from the source.
Apparently they have moved to a bigger office since last year, even sinchew need to correct their own news last night.
Now media again sensationalize it's operated by after plastic surgery's ZhangJien pulak, make it like suspense movie script, cannot tahan rotflmho. They will have to eat their word later.

This post has been edited by apathen: Apr 23 2015, 04:32 PM
-CoupeFanatic-
post Apr 23 2015, 05:05 PM

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QUOTE(apathen @ Apr 23 2015, 04:31 PM)
to save you from embarrassment don't be too quick to shoot from your mouth and believe in everything media reported, in this case media just copy the news without verify from the source.
Apparently they have moved to a bigger office since last year, even sinchew need to correct their own news last night.
Now media again sensationalize it's operated by after plastic surgery's ZhangJien pulak, make it like suspense movie script, cannot tahan rotflmho. They will have to eat their word later.
*
I don't know whether you are a utoken holder, but I myself as a utoken holder feel really uneasy.
Even by items i posted on ubtmall i dont dare to accept the order, utoken now so shaky.
Company close down tomorrow i eat shit already
commanderz
post Apr 23 2015, 07:04 PM

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Ufun = u kena scam the boss = fun.....some idiot still cannot wake up
malleus
post Apr 23 2015, 08:22 PM

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QUOTE(ReWeR @ Apr 23 2015, 02:38 PM)
After 1 year you should be very rich with all the investment in UFUN right?  nod.gif
*
This MNet is the same joker who joined that GPLF full time before mah.. the same GPLF with the fake datuks and ICJ judges and now owing people a lot of money wan. Looks like full time jumping from one con scheme to another.
ReWeR
post Apr 23 2015, 09:58 PM

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QUOTE(malleus @ Apr 23 2015, 08:22 PM)
This MNet is the same joker who joined that GPLF full time before mah.. the same GPLF with the fake datuks and ICJ judges and now owing people a lot of money wan. Looks like full time jumping from one con scheme to another.
*
Those who cannot learn from history are doomed to repeat it. tongue.gif
commanderz
post Apr 23 2015, 11:46 PM

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1 year rdy....all those investor drive big car and live in big house rdy ???please post some pictures or anything please bodo
ikanbilis
post Apr 24 2015, 08:28 AM

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QUOTE(malleus @ Apr 23 2015, 08:22 PM)
This MNet is the same joker who joined that GPLF full time before mah.. the same GPLF with the fake datuks and ICJ judges and now owing people a lot of money wan. Looks like full time jumping from one con scheme to another.
*
This Mnet also calling people to invest in YSLM owned by scammer Zhang Jian. A lot of people has been fooled by this joker.
kreak17
post Apr 24 2015, 09:47 AM

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100 units bought by UFUN at Bangkok Marina seized



THE CONSUMER Protection Police Division (CPPD) yesterday impounded 100 housing units worth Bt165 million that UFUN Store, which is in the centre of pyramid-scheme allegations, had allegedly bought at the Bangkok Marina Resort & Spa Project Project in Samut Prakan's Bang Bo district. Assistant national police chief Lt-General Suwira Songmetta, who is leading the investigation, accompanied CPPD deputy chief Pol Colonel Angkul Klaikleung to the site yesterday to inspect and impound the 100 units, which are still under construction.

Suwira said this operation stemmed from a search at the head office of Bina Puri (Thailand) Co Ltd on Wednesday in Bangkok's Bang Na area, which confirmed UFUN's purchase of property.

He added that the units have been impounded so the Anti-Money-Laundering Office (AMLO) can later auction them and compensate the affected persons, he said.

Suwira also thanked members of the project for cooperating with police and pointed out that neither the owner nor executives of Bangkok Marina were involved in this case. He added that investigators had learned that UFUN had used the Bangkok Marina brand for commercial gains without their consent.

Since the owner of Bangkok Marina is willing to return the money that UFUN had paid for the units, police will first impound the properties, Suwira said. He added that Bangkok Marina was already discussing this option with its mother company, Bina Puri, in Malaysia. The other option would be for AMLO to auction the 100 units once construction has been completed.

Meanwhile, Suwira pointed out that only 100 of Bangkok Marina's 800 units had been bought by UFUN and that the remaining 700 can be sold as per normal.

Pairat Chanchaikaew, an advisor to the Bangkok Marina project, filed a police complaint on Wednesday claiming that UFUN had used the resort's name to build its credibility. He said the complaint was made to clarify that neither Bangkok Marina nor its mother company in Malaysia had anything to do with UFUN.

Pairat also told police that UFUN had in 2013 bought a 13 per cent stake worth Bt17 million in Bina Puri (Thailand) - but did not nominate a board representative so it played no part in the company's management. He added that the 100 units in Bangkok Marina Resort & Spa Project had been bought by UFUN's subsidiary UTR Co.

Meanwhile, although there is a difference of opinion over whether UFUN operated a pyramid scheme, national police chief Pol General Somyos Pumpanmuang said yesterday that he had confidence in the work and evidence-gathering efforts made by the team of investigators.

"I'm confident in Lt-General Suwira and the team says they have enough evidence of the company's wrongdoing to prosecute them," he said, adding that Suwira had been gathering information since late last year.

Somyos said he had instructed Suwira and his team - including officials from the Consumer Protection Board and the Amlo - to study this sensitive and complicated case very carefully. So far, six of the 13 suspects have been arrested in relation to this case.

Up to 159 people - claiming to have suffered losses worth Bt46 million - have filed complaints against UFUN at the Consumer Protection Police Division. The company reportedly has 120,000 members in Thailand, and police speculate that based on this figure, damages could be as high as Bt38 billion.

A plaintiff said he had invested Bt17,500 with the firm last October at the invitation of a friend and was told he did not have to do anything, but would get a 10-per-cent interest in U-tokens. However, he said, when he tried to withdraw his investment after not getting anything for a whole month, the company would not let him, saying he had to find more members to earn profits.

"Something wasn't right, and I thought I might have been duped. So I filed a police complaint," he said.

In related news, UFUN Store's lawyer in Thailand, Jessada Jandee, told a Bangkok press conference on Wednesday that the company's business was legal and only benefited people. He said the firm had tasked him with investigating two points: why Thai police had issued arrest warrants without prior summons, and the facts and information that led to the issuing of those warrants. He said the firm had never prevented members from withdrawing their capital.

Meanwhile, UFUN Co executive chairman Daniel Tay appeared in another YouTube clip on Wednesday calling on UFUN members, especially those in Thailand, not to believe rumours and to remain calm. Tay said he - and other UFUN leaders - would refrain from any interviews as the matter should be left up to the lawyers.

http://www.nationmultimedia.com/national/1...d-30258640.htmlAttached Image
kreak17
post Apr 24 2015, 09:51 AM

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Ufun members always get news from their own Facebook portal.
All cut off from the real world, so no need to read newspaper.
All is lies, only their source is correct.
The sun is always shining on their part , even though it is raining all around them.

terrywong
post Apr 24 2015, 09:57 AM

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this kind of remind me YSLM . how is it?
yokoloco
post Apr 24 2015, 10:00 AM

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QUOTE(terrywong @ Apr 24 2015, 09:57 AM)
this kind of remind me YSLM . how is it?
*
Apparently its the same founder
apathen
post Apr 25 2015, 07:44 PM

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QUOTE(-CoupeFanatic- @ Apr 23 2015, 05:05 PM)
I don't know whether you are a utoken holder, but I myself as a utoken holder feel really uneasy.
Even by items i posted on ubtmall i dont dare to accept the order, utoken now so shaky.
Company close down tomorrow i eat shit already
*
u should feel uneasy with all the negative news and rumors bombarded by media, it's only natural. But as utoken holder u should and can verify the fact with your introducer and remain calm and aware of your options, some of those news really exagerated, a lot of ppl want to see them die it should not be you, at least the company not running away and ready to face those charges. Actually before u enter u should already know this is a high risk high return game mainly due to a relatively new trend and grey area with the authority, only involve with your risk money. The way I look at it, the problem the company facing today actually not from company unfulfilled thing, it's more on irresponsible members not explain to their recruit properly and hype thing up, there is no promised return from the company, no one having problem cashing out yet if they follow rule. I would like to know what they actually guilty of too, hope Thai authority file their charges soon, let the legal process take it due. The truth is out there.

Now u notify me u sell gadgets, i'm interested to get a xiomi 16000 powerbank, ,PM me price and how to collect. Tq.
T231H
post Apr 26 2015, 07:20 AM

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A Thai woman in her 40s said her friends introduced her to UFUN and she ended up investing Bt1.2 million.

"I was told that I would be able to earn returns of between Bt50,000 and Bt60,000 a month. But after I made the investment in December, the return rate was much different," she said.

She said when she tried to take back the investment, the firm told her she could not get the cash back but promised to give her gold or a car instead.

"I agreed to such conditions but the firm still has not provided me with the gold or a car," she claimed.

Another woman, identified only as Sam-ang, said she invested Bt100,000 in UFUN about five months ago.

"Since I made the investment, I've never got any returns.

"When I called the [UFUN] agent, she turned off her cell phone," Sam-ang said.

http://www.nationmultimedia.com/national/U...i-30258731.html

-CoupeFanatic-
post Apr 26 2015, 09:08 AM

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QUOTE(apathen @ Apr 25 2015, 07:44 PM)
u should feel uneasy with all the negative news and rumors bombarded by media, it's only natural. But as utoken holder u should and can verify the fact with your introducer and remain calm and aware of your options, some of those news really exagerated, a lot of ppl want to see them die it should not be you, at least the company not running away and ready to face those charges. Actually before u enter u should already know this is a high risk high return game mainly due to a relatively new trend and grey area with the authority, only involve with your risk money. The way I look at it, the problem the company facing today actually not from company unfulfilled thing, it's more on irresponsible members not explain to their recruit properly and hype thing up, there is no promised return from the company, no one having problem cashing out yet if they follow rule. I would like to know what they actually guilty of too, hope Thai authority file their charges soon, let the legal process take it due. The truth is out there.

Now u notify me u sell gadgets, i'm interested to get a xiomi 16000 powerbank, ,PM me price and how to collect. Tq.
*
indeed i follow utokens news, all day all night i keep refreshing and check every hour. but somehow the utoken news is just too biased. Apprently UFun's subsidiary company is having an official IPO on the 'French Stock Exchange' on 9th May. They highlight a news that is merely just a shed of light, and do not mention about official reports from Thai Police, also then ban people from posting negative posts towards UFun Club even though it's official contents. The page where it claims utoken to be a ponzi scheme however makes more sense, evidence are clearer and makes more sense. And now as you know even Najib's Son in involved in this, sagajuta (sabah) sdn bhd is linked to UFun and also maybe 1MDB. YES that big money laundering 1MBD bullcrap. Nazifuddin aka Najib's 3rd son is the Executive Chairman of the company, God knows how much money has been laundered between these companies. Maybe Ufun's fund is already in Cayman's island for all we know.

PMed you biggrin.gif

Cheers
guy3288
post Apr 26 2015, 05:59 PM

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QUOTE(malleus @ Apr 23 2015, 08:22 PM)
This MNet is the same joker who joined that GPLF full time before mah.. the same GPLF with the fake datuks and ICJ judges and now owing people a lot of money wan. Looks like full time jumping from one con scheme to another.
*
where is MNet? wait for him to clarify........
nexona88
post Apr 26 2015, 09:57 PM

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159 lodge report against Malaysian businessman’s firm

QUOTE
The multi-level marketing company run by Malaysian businessman Datuk Daniel Tay is taking much heat from the Thai police.

159 people have lodged complaints with the Consumer Protection Police Division against the UFun company


http://www.thestar.com.my/News/Nation/2015...inessmans-firm/
alanshore
post Apr 27 2015, 04:43 PM

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now.... ufun hilang shakehead.gif

then.....Mnet pun hilang whistling.gif
MUM
post Apr 27 2015, 04:49 PM

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QUOTE(alanshore @ Apr 27 2015, 04:43 PM)
now.... ufun hilang  shakehead.gif

then.....Mnet pun hilang  whistling.gif
*
NO-lah...Mnet is still lurking here on LYN ,,,,,,,,
last nite at 10pm he trolled in FSM thread...
oOoproz
post Apr 28 2015, 03:27 AM

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I read the Sin Chew news last week, that Zhang Jie really pro, skim cepat kaya rclxms.gif

This post has been edited by oOoproz: Apr 28 2015, 03:27 AM
ikanbilis
post Apr 28 2015, 07:46 AM

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QUOTE(guy3288 @ Apr 26 2015, 05:59 PM)
where is MNet? wait for him to clarify........
*
Mnet would never clarify anything. I asked Mnet to clarify YSLM scam but he just ignores it.

Mnet would be seen again in the next skim cepat kaya. Mnet is an idiot!

malleus
post Apr 28 2015, 12:02 PM

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QUOTE(ikanbilis @ Apr 28 2015, 07:46 AM)
Mnet would never clarify anything. I asked Mnet to clarify YSLM scam but he just ignores it.

Mnet would be seen again in the next skim cepat kaya. Mnet is an idiot!
*
or he plans to be among the first ones in, encourage others to become victims so he can cash out early
SUSsupersound
post Apr 28 2015, 12:13 PM

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If want to "invest" in such scheme, still dump money in government approved schemes like mutual fund and insurance. Paying and lose happily.
nexona88
post Apr 28 2015, 06:00 PM

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QUOTE(malleus @ Apr 28 2015, 12:02 PM)
or he plans to be among the first ones in, encourage others to become victims so he can cash out early
*
my school teacher told me the same thing.. go in 1st, then cash out when others come in later in big numbers (the scheme "pays" using other people money) nod.gif
malleus
post Apr 28 2015, 06:11 PM

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QUOTE(nexona88 @ Apr 28 2015, 06:00 PM)
my school teacher told me the same thing.. go in 1st, then cash out when others come in later in big numbers (the scheme "pays" using other people money)  nod.gif
*
MNet so far is the only one that still hangs around in LYN after scheme after scheme goes down. Others such as siliconwiper from that stevens tea garden or fredlc from GPLF disappeared once the thing goes down.
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post Apr 28 2015, 06:39 PM

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Since u all miss Mnet so much why don't tag him in your msg? doh.gif
nexona88
post Apr 28 2015, 06:40 PM

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some of us donno how to tag pipu laugh.gif
malleus
post Apr 30 2015, 12:51 PM

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http://www.bangkokpost.com/news/general/54...ties-ufun-safes

look at all that cash!! tongue.gif

too bad its being seized

This latest seizure of 26.2 million baht is taken from a safe in one of the key suspect's condominium unit. you gotta wonder why so much cash in a safe at home.

total seized so far is up to 226 million baht of assets

This post has been edited by malleus: Apr 30 2015, 12:53 PM
nexona88
post Apr 30 2015, 12:58 PM

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fuhyoo tat a lot of cash shocking.gif
user posted image
malleus
post Apr 30 2015, 01:08 PM

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It is a huge pity that company registration details are not easily open to the public. If its freely open, it'll be interesting to do a complete search through the database for organisations with the name utoken or ufun in its name, and look through the list of directors and shareholders and look at connecting the dots.

the technology is there, but the data is not readily available without having to pay for each company you want detailed information on.
BabyZebraCrossing
post Apr 30 2015, 05:11 PM

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I wonder what happen to the money there. Are they going to return it to the victims.

Is there a cases that the money will be return back to the victim.

What is their record for case like this in term of returning the money to victims.
malleus
post Apr 30 2015, 05:34 PM

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QUOTE(BabyZebraCrossing @ Apr 30 2015, 05:11 PM)
I wonder what happen to the money there. Are they going to return it to the victims.

Is there a cases that the money will be return back to the victim.

What is their record for case like this in term of returning the money to victims.
*
according to the article, it said:

QUOTE
Any illegally acquired property will be auctioned and the sum raised distributed among the damaged parties, Pol Col Sihanart said

Please credit and share this article with others using this link:http://www.bangkokpost.com/news/general/546027/amlo-empties-ufun-safes. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Post Publishing PCL. All rights reserved.
thing is, any assets seized will be held onto until the court cases are all over, and this may take years.
Dlalits
post May 4 2015, 04:23 PM

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QUOTE(Jaroque @ Mar 4 2014, 05:58 PM)
I've been approached to invest money with minimum of RM1750 on this thing called, UFUN Club? All i know is they have an office situated in MidValley...but they have no official websites or anything that actually state what they can do. I have also seen some other er...malay blogs...all advertising it but, they seem rather low quality from the sense of advertisement thus making it rather...not viable?

I hope got anyone who knows anything about this can tell me more thank you
*
rclxub.gif Everybody is asking the same question, the nature of this ufun club is actually to promote people to use utoken as a mean of payment and at the same time this member is rewarded with upoint which enable him or her to multiply his or her utoken. This token can be bartered or even liquidified into cash using the current price of utoken. Yes for the website i am totally agreed with you as well as the low quality of advertisement..maybe this company is brand new and trying to inproved step by step..
nexona88
post May 4 2015, 04:28 PM

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QUOTE(Dlalits @ May 4 2015, 04:23 PM)
rclxub.gif Everybody is asking the same question, the nature of this ufun club is actually to promote people to use utoken as a mean of payment and at the same time this member is rewarded with upoint which enable him or her to multiply his or her utoken. This token can be bartered or even liquidified into cash using the current price of utoken. Yes for the website i am totally agreed with you as well as the low quality of advertisement..maybe this company is brand new and trying to inproved step by step..
*
u join as ufun club member? hmm.gif
T231H
post May 4 2015, 04:32 PM

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QUOTE(Dlalits @ May 4 2015, 04:23 PM)
rclxub.gif Everybody is asking the same question, the nature of this ufun club is actually to promote people to use utoken as a mean of payment and at the same time this member is rewarded with upoint which enable him or her to multiply his or her utoken. This token can be bartered or even liquidified into cash using the current price of utoken. Yes for the website i am totally agreed with you as well as the low quality of advertisement..maybe this company is brand new and trying to inproved step by step..
*
a brand new forummer, posting his FIRST post to reply to a 14 months OLD question....and ignoring the recent BAD publicity news about UFUN. hmm.gif hmm.gif
who is he? wondering why? hmm.gif maybe just returned back from Bangkok recently?

This post has been edited by T231H: May 4 2015, 04:39 PM
nexona88
post May 4 2015, 04:39 PM

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QUOTE(T231H @ May 4 2015, 04:32 PM)
a brand new forummer, posting his FIRST post to reply to a 14 months OLD question....and ignoring the recent BAD publicity news about UFUN.  hmm.gif  hmm.gif
wondering you?
*
already offline laugh.gif
KeroroQ
post May 5 2015, 12:08 PM

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UFUN gonna go down the drain, when something sounds too good
to be true, it probably is, shit MLMs biggrin.gif
rexlucky
post May 10 2015, 02:39 PM

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Hello everyone, there was a big misunderstanding and confusion about this situation.

The police raided something called "UFun Store Co Ltd" at the office located on Ramintra 61 Road in BKK. Note that this is NOT a UFUN GROUP address.
They seem to have hijacked the UFUN name for an operation not owned by UFUN Group. Confusing matters at this point.
Apparently 8 were arrested or are wanted. NONE of those are names that any of us are aware of as UFUN Group leaders. Why? Because they are not, and ran a separate operation.
This operation was in the business of selling cosmetics, food supplements and other products to members in a complicated business model that focuses on bringing in new members rather than selling the products, the police said. Note that this has NOTHING IN COMMON with the UFUN or Utoken business model.
It APPEARS, but is not clear, from the reporting that they were using Utokens as a form of payment - among others? This seems to be the case as the police said that members had to buy UToken packages and gave their costs accurately.
Note that the use of Utoken has NOTHING to do with whether or not they were running a scam or Ponzi.
T231H
post May 10 2015, 02:46 PM

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QUOTE(rexlucky @ May 10 2015, 02:39 PM)
.......
Note that the use of Utoken has NOTHING to do with whether or not they were running a scam or Ponzi.
*
New user...1st post in here defending/clarifying UFUN?
is this for real?
do you mean the "DatoK" that went on youtube to try to cool things down is not real too?

Natee also said UFUN executive chairman Dato Daniel Tay, of Malaysia, had affirmed via YouTube that the company didn't operate a pyramid scheme and had no intention of cheating the public. So, police should give it a chance to prove that.
- See more at: http://news.asiaone.com/news/asia/ufun-wom...h.8IYDduEW.dpuf

or just a troll that has nothing to do on Sunday and just trolling around for fun?
or you just returned from Bangkok too and just visit this lyn?
doh.gif

This post has been edited by T231H: May 10 2015, 02:55 PM
rexlucky
post May 10 2015, 03:11 PM

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@T231H

I am talking about facts i am not defending anyone,if you read my post carefully.

The police raided something called "UFun Store Co Ltd" at the office located on Ramintra 61 Road in BKK. Note that this is NOT a UFUN GROUP address.
T231H
post May 10 2015, 03:18 PM

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QUOTE(rexlucky @ May 10 2015, 03:11 PM)
@T231H

I am talking about facts i am not defending anyone,if you read my post carefully.

The police raided something called "UFun Store Co Ltd" at the office located on Ramintra 61 Road in BKK. Note that this is NOT a UFUN GROUP address.
*
sub branches??
you posted: " NONE of those are names that any of us are aware of as UFUN Group leaders".
then why the youtube things?

in this ufun website....
http://www.ufuntokens.com/?page_id=26
somewhere in the middle of this webpage that reads'...
"UFUN Group has other branches of businesses such as:
" UFUN Property Click here for Download Bangkok Marina Resort Spa Brochure"
this pdf file link is attached....
http://www.ufuntokens.com/wp-content/uploa...%20brochure.pdf

isn't it this properties are the same as these.....
Marina to refund to police B112m Ufun investment .
http://www.bangkokpost.com/news/crime/5404...ufun-investment

do you mean....what you are talking is not as in this ufuntokens.com website things? they are not the one you are talking about?

latest!
THE SUNDAY NATION May 10, 2015
Suwira said the case would be filed with public prosecutors this month, so prosecutors could compile documents and evidence before officially contacting Malaysian authorities.

Malaysian authorities are also looking into an alleged pyramid scheme linked to a company there called UFUN Store.

Police said the evidence suggested UFUN and UFUN Store were linked.


http://www.nationmultimedia.com/national/T...t-30259720.html

This post has been edited by T231H: May 10 2015, 06:57 PM
SUSsupersound
post May 10 2015, 03:25 PM

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QUOTE(T231H @ May 10 2015, 03:18 PM)
sub branches??
you posted: " NONE of those are names that any of us are aware of as UFUN Group leaders".
then why the youtube things?
*
As usual, some are paid to defend scammers, so that they can have a final push whistling.gif
Yet, still got people get cheated on such rubbish.
As long as have to use my hard earn money changing to something else, no way I'll do it.
MUM
post May 10 2015, 05:28 PM

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QUOTE(rexlucky @ May 10 2015, 02:39 PM)
Hello everyone, there was a big misunderstanding and confusion about this situation.
........They seem to have hijacked the UFUN name for an operation not owned by UFUN Group. Confusing matters at this point.
............
*
hmm.gif good defense argument...something like this.?.....
Lingam: Looks like me, sounds like me
http://www.malaysianbar.org.my/bar_news/be...ds_like_me.html
hmm.gif doh.gif
nexona88
post May 10 2015, 08:07 PM

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immediately defending UFun.. trolling god level laugh.gif
malleus
post May 10 2015, 08:40 PM

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QUOTE(rexlucky @ May 10 2015, 03:11 PM)
@T231H

I am talking about facts i am not defending anyone,if you read my post carefully.

The police raided something called "UFun Store Co Ltd" at the office located on Ramintra 61 Road in BKK. Note that this is NOT a UFUN GROUP address.
*
Perhaps this is among the reasons why UFun is so scattered all over the place, with numerous entities registered and does not have any single official website at all.

So if any particular one gets raided, they just claim that its not them.
rexlucky
post May 10 2015, 10:35 PM

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UFun Store Co Ltd and U-fun group have nothing to do with each other, the media made a big confusion.Any way in the near future we will find out what will happen.When the trial comes judgement comes at the end of a trial not at the begining if there will be a trial.Said that between September,November the police investigate U-fun group and found nothing against them.
T231H
post May 10 2015, 11:36 PM

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QUOTE(rexlucky @ May 10 2015, 10:35 PM)
UFun Store Co Ltd and U-fun group have nothing to do with each other, the media made a big confusion.Any way in the near future we will find out what will happen.When the trial comes judgement comes at the end of a trial not at the begining if there will be a trial.Said that between September,November the police investigate U-fun group and found nothing against them.
*
you posted: "UFun Store Co Ltd and U-fun group have nothing to do with each other, the media made a big confusion"??
hmm.gif where the media get the info to make a big confusion?
hmm.gif DO you mean the Thai police mentioned wrongly?
THE SUNDAY NATION May 10, 2015
Suwira said the case would be filed with public prosecutors this month, so prosecutors could compile documents and evidence before officially contacting Malaysian authorities.

Malaysian authorities are also looking into an alleged pyramid scheme linked to a company there called UFUN Store.

Police said the evidence suggested UFUN and UFUN Store were linked.

http://www.nationmultimedia.com/national/T...t-30259720.html

you posted: "Said that between September,November the police investigate U-fun group and found nothing against them"......
hmm.gif how can that be?
the Malaysian police still have NOT started the investigation-wor...
Both Thai and M'sian police will ONLY planning to start meeting next week to share UFUN info....

The Nation May 8, 2015 6:30 pm
Thai and Malaysian authorities will work together to investigate the alleged Ponzi scheme run by UFUN.

Fauzi Khan Ismail, a counsellor at the Malaysian Embassy in Bangkok, Friday said the crackdown on the alleged scheme would be a priority in the cooperation between Thai and Malaysian police.

"Both sides will have joint meetings in Phuket between May 11 and 14, with UFUN being a key topic," he said.

http://www.nationmultimedia.com/breakingne...F-30259636.html

PLEASE refer to post# 306...are we talking about the same ufun as in that post?
please confirm....

This post has been edited by T231H: May 10 2015, 11:41 PM
yokoloco
post May 11 2015, 01:14 AM

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QUOTE(nexona88 @ May 10 2015, 08:07 PM)
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immediately defending UFun.. trolling god level  laugh.gif
*
laugh.gif

i didnt realize UFUN still had money to hire online troops
SUSsupersound
post May 11 2015, 08:09 AM

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QUOTE(yokoloco @ May 11 2015, 01:14 AM)
laugh.gif

i didnt realize UFUN still had money to hire online troops
*
They already make few billions Euros, so spitting out some to restart another company will be essential whistling.gif
With current economy, even rm0.01 per post to cheat also got troopers willing to take shakehead.gif
nexona88
post May 11 2015, 12:42 PM

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QUOTE(yokoloco @ May 11 2015, 01:14 AM)
laugh.gif

i didnt realize UFUN still had money to hire online troops
*
sure they have money & well paid I think..

u see how their cybertroopers defending UFun laugh.gif
rexlucky
post May 11 2015, 03:35 PM

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If i am hired from ufun which one i am hired please can you tell me u-fun store Ltd or u-fun group?
nexona88
post May 11 2015, 03:56 PM

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laugh.gif good question biggrin.gif
MUM
post May 11 2015, 04:02 PM

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QUOTE(nexona88 @ May 11 2015, 03:56 PM)
laugh.gif good question  biggrin.gif
*
rclxms.gif "trick" question?
hmm.gif because you cannot separate/distinguish between the 2 of them? They are the same? tongue.gif
nexona88
post May 11 2015, 04:11 PM

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QUOTE(MUM @ May 11 2015, 04:02 PM)
rclxms.gif  "trick" question?
hmm.gif because you cannot separate/distinguish between the 2 of them? They are the same? tongue.gif
*
+100000000000
rexlucky
post May 11 2015, 04:15 PM

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That's my whole point they are not the same i already gave you the address which the police raided its u-fun store LTD.The only link there is with u-fun group is that u-fun store LTD is there were using u-token but its not the same company.I am just a guy who have utokens and i am not hired from anyone believe it or not i don't care what you believe.by the way u-fun group are gone open offices in china.

This post has been edited by rexlucky: May 11 2015, 04:16 PM
MUM
post May 11 2015, 04:20 PM

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QUOTE(rexlucky @ May 11 2015, 04:15 PM)
That's my whole point they are not the same i already gave you the address which the police raided its u-fun store LTD.The only link there is with u-fun group is that u-fun store LTD is there were using u-token but its not the same company.I am just a guy who have utokens and i am not hired from anyone believe it or not i don't care what you believe.by the way u-fun group are gone open offices in china.
*
the website from post # 306.....cannot get the address of any of the UFUN addresses...
do you have the lists of addresses? where can i get it?

btw, do you know Genneva Gold also has office in China?
see slide # 29 to see its offices
so what happened to genneva gold?
http://www.slideshare.net/butchtabligan/ge...ld-presentation

This post has been edited by MUM: May 11 2015, 04:28 PM
rexlucky
post May 11 2015, 04:27 PM

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The police raided something called "UFun Store Co Ltd" at the office located on Ramintra 61 Road in BKK. Note that this is NOT a UFUN GROUP address.
They seem to have hijacked the UFUN name for an operation not owned by UFUN Group. Confusing matters at this point.
Apparently 8 were arrested or are wanted. NONE of those are names that any of us are aware of as UFUN Group leaders. Why? Because they are not, and ran a separate operation.
This operation was in the business of selling cosmetics, food supplements and other products to members in a complicated business model that focuses on bringing in new members rather than selling the products, the police said. Note that this has NOTHING IN COMMON with the UFUN or Utoken business model.
It APPEARS, but is not clear, from the reporting that they were using Utokens as a form of payment - among others? This seems to be the case as the police said that members had to buy UToken packages and gave their costs accurately.
Note that the use of Utoken has NOTHING to do with whether or not they were running a scam or Ponzi

This post has been edited by rexlucky: May 11 2015, 04:28 PM
rexlucky
post May 11 2015, 04:28 PM

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I had the addresses please give me some time and i will post it
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post May 11 2015, 04:30 PM

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http://www.utokens-sg.com/Utokens-Headquar...ore-Office.html

Here they are
MUM
post May 11 2015, 04:30 PM

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QUOTE(rexlucky @ May 11 2015, 04:27 PM)
The police raided something called "UFun Store Co Ltd" at the office located on Ramintra 61 Road in BKK. Note that this is NOT a UFUN GROUP address.
They seem to have hijacked the UFUN name for an operation not owned by UFUN Group. Confusing matters at this point.
Apparently 8 were arrested or are wanted. NONE of those are names that any of us are aware of as UFUN Group leaders. Why? Because they are not, and ran a separate operation.
This operation was in the business of selling cosmetics, food supplements and other products to members in a complicated business model that focuses on bringing in new members rather than selling the products, the police said. Note that this has NOTHING IN COMMON with the UFUN or Utoken business model.
It APPEARS, but is not clear, from the reporting that they were using Utokens as a form of payment - among others? This seems to be the case as the police said that members had to buy UToken packages and gave their costs accurately.
Note that the use of Utoken has NOTHING to do with whether or not they were running a scam or Ponzi
*
Reposting your post?
same as in post # 303....then forummers responded in post# 304 and then.....
rexlucky
post May 11 2015, 04:32 PM

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@MUM i didn't understand?
MUM
post May 11 2015, 04:36 PM

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QUOTE(rexlucky @ May 11 2015, 04:30 PM)
your link say..established in 78 countries....
but the website got only a few addresses? where are the rest?
what about the branches or sub branches addresses?

btw,...the addresses and the pictures posted on that website MAY not be there anymore....
example...the Mid Valley one...picture and address are still there in the website...BUT in reality ....go see yourself.
(GONE)

This post has been edited by MUM: May 11 2015, 04:42 PM
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post May 11 2015, 04:37 PM

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QUOTE(rexlucky @ May 11 2015, 04:32 PM)
@MUM i didn't understand?
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see post # 303 and post# 322 they are of the same post
rexlucky
post May 11 2015, 04:40 PM

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Can y send me the link i can't see it

MUM
post May 11 2015, 04:43 PM

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QUOTE(rexlucky @ May 11 2015, 04:40 PM)
Can y send me the link i can't see it
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see your own post# 324
nexona88
post May 11 2015, 05:08 PM

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QUOTE(MUM @ May 11 2015, 04:36 PM)
your link say..established in 78 countries....
but the website got only a few addresses? where are the rest?
what about the branches or sub branches addresses?

btw,...the addresses and the pictures posted on that website MAY not be there anymore....
example...the Mid Valley one...picture and address are still there in the website...BUT in reality ....go see yourself.
(GONE)

*
already "close shop" laugh.gif
rexlucky
post May 11 2015, 05:22 PM

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78 countries members not branches

http://buyutokens2day.com/wp-content/uploa...ries600x338.png

This post has been edited by rexlucky: May 11 2015, 05:34 PM
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post May 11 2015, 05:31 PM

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@nexona88 if they don't exist how Last September or October the police of Thailand investigated U-fun group.their goal in 2017 is going to US stock exchange.In the next few months are going to be in china soon.

This post has been edited by rexlucky: May 11 2015, 05:33 PM
malleus
post May 11 2015, 06:10 PM

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QUOTE(rexlucky @ May 11 2015, 03:35 PM)
If i am hired from ufun which one i am hired please can you tell me u-fun store Ltd or u-fun group?
*
maybe neither one? for all we know you could be hired by u-fun-troll LTD, which is one of the countless organisations setup with the u-fun name in it by those behind the scheme so they can later deny that it belongs to them when it gets busted later?
malleus
post May 11 2015, 06:11 PM

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QUOTE(rexlucky @ May 11 2015, 04:27 PM)
The police raided something called "UFun Store Co Ltd" at the office located on Ramintra 61 Road in BKK. Note that this is NOT a UFUN GROUP address.
They seem to have hijacked the UFUN name for an operation not owned by UFUN Group. Confusing matters at this point.
Apparently 8 were arrested or are wanted. NONE of those are names that any of us are aware of as UFUN Group leaders. Why? Because they are not, and ran a separate operation.
This operation was in the business of selling cosmetics, food supplements and other products to members in a complicated business model that focuses on bringing in new members rather than selling the products, the police said. Note that this has NOTHING IN COMMON with the UFUN or Utoken business model.
It APPEARS, but is not clear, from the reporting that they were using Utokens as a form of payment - among others? This seems to be the case as the police said that members had to buy UToken packages and gave their costs accurately.
Note that the use of Utoken has NOTHING to do with whether or not they were running a scam or Ponzi
*
that's the thing about how this ufun operates. its all over the place, and when something gets taken down, the rest of the organisation just claims that its nothing to do with them, just using their name without permission.
rexlucky
post May 11 2015, 06:22 PM

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@malleus

that's the thing about how this ufun operates.

But are you certain of what are you saying,can you prove something?

its all over the place, and when something gets taken down, the rest of the organisation just claims that its nothing to do with them.

The directors of u-fun store LTD are arrested yes, U-fun group are investigated only.

just using their name without permission.

Who are using their name without permission?




MUM
post May 11 2015, 07:37 PM

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QUOTE(rexlucky @ May 11 2015, 05:22 PM)
can you PLEASE reply to some of the question posted by the forumers during these 2 days....
you need to refer to them and reply....

also here is another questions....where did it says 78 countries members....are you spinining or diverting questions without answering all the previous posts questions
MUM
post May 11 2015, 07:42 PM

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QUOTE(rexlucky @ May 11 2015, 06:22 PM)
...... just using their name without permission.

Who are using their name without permission?
*
one GOOD answers is that,..IF the directors/big bosses of this UFUN are not feeling guilty or got NOTHING to hide...
WHY they dare not returns to Thailand and clear everythings out?
why be a chicken and left their employees or lower level staffs be the scape goats?

This post has been edited by MUM: May 11 2015, 08:23 PM
malleus
post May 11 2015, 08:32 PM

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QUOTE(rexlucky @ May 11 2015, 06:22 PM)
@malleus

But are you certain of what are you saying,can you prove something?
Seeing how you suddenly got defensive on this, now I am very very sure of it.

After all, there's Ufun Club, UFun Group, blah blah blah, and even that Ufun Trolls Ltd for all we know.

A legitimate organisation with strong branding will be extremely protective of its own branding, and will seek to make their branding consistent and clear to ensure there's no confusion, unless its on purpose. if u-fun store has nothing to do with u-fun group, then u-fun group would have lodged police reports against them over trademark issues before the police started raiding them.

Case in point will be the police report lodged by Bina Puri against u-fun group over the misuse of the Bina Puri brand name and logo.

Besides, the evidence in what I'm suggesting is already in the news, you just need to know where to look. u-fun group had claimed to be involved in the Bangkok Marina project right? However, reported in the news, the property seized from the Bangkok Marina project are from u-fun store.

QUOTE(rexlucky @ May 11 2015, 06:22 PM)
The directors of u-fun store LTD are arrested yes, U-fun group are investigated only.
investigated yes, but once the links are discovered, what do you think will happen?

QUOTE(rexlucky @ May 11 2015, 06:22 PM)
Who are using their name without permission?
*
Obviously people within the u-fun group who are in this for the money, and paid to take the risk for it.
malleus
post May 11 2015, 08:33 PM

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QUOTE(MUM @ May 11 2015, 07:42 PM)
one GOOD answers is that,..IF the directors/big bosses of this UFUN are not feeling guilty or got NOTHING to hide...
WHY they dare not returns to Thailand and clear everythings out?
why be a chicken and left their employees or lower level staffs be the scape goats?
*
not sure about the line level staff, but obviously the higher levels are being paid to take the risk of such potential downfall when there's a crackdown
MUM
post May 11 2015, 08:49 PM

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QUOTE(malleus @ May 11 2015, 08:33 PM)
not sure about the line level staff, but obviously the higher levels are being paid to take the risk of such potential downfall when there's a crackdown
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BUT, if the group has NOTHING to hide.....why the HIGHEST level jumped boat?
hmm.gif
malleus
post May 11 2015, 09:06 PM

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QUOTE(MUM @ May 11 2015, 08:49 PM)
BUT, if the group has NOTHING to hide.....why the HIGHEST level jumped boat?
hmm.gif
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I believe you just answered your own question nod.gif
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post May 11 2015, 09:08 PM

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QUOTE(malleus @ May 11 2015, 09:06 PM)
I believe you just answered your own question  nod.gif
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will rexlucky has the "same" believes as your? hmm.gif
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post May 11 2015, 09:34 PM

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QUOTE(MUM @ May 11 2015, 09:08 PM)
will rexlucky has the "same" believes as your?  hmm.gif
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obviously 'paid' to have different believes lor...

just a question of whether he's paying or he's being paid
mobileapps
post May 12 2015, 12:16 AM

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LOL so many dumb people.

see the word "invest", terus go stupid.

Never bother to find out WHERE and HOW your money gets invested? No prospectus? Even banks gives you annual reports and prospectus on how they are gonna use your money (ie for unit trusts, etc) and the risks involved.

and people can be so stupid to put in money without even knowing. lolz.
just because one fella say guarantee, doesn't mean it is. its just plain words with nothing to back it up.
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post May 12 2015, 12:47 AM

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QUOTE(mobileapps @ May 12 2015, 12:16 AM)
LOL so many dumb people.

see the word "invest", terus go stupid.

Never bother to find out WHERE and HOW your money gets invested? No prospectus? Even banks gives you annual reports and prospectus on how they are gonna use your money (ie for unit trusts, etc) and the risks involved.

and people can be so stupid to put in money without even knowing. lolz.
just because one fella say guarantee, doesn't mean it is. its just plain words with nothing to back it up.
*
don't forget, there's also those who knowingly enter into this, hoping to make quick money and cash out before it bombs too
rexlucky
post May 12 2015, 01:13 AM

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QUOTE(MUM @ May 11 2015, 04:36 PM)
your link say..established in 78 countries....
but the website got only a few addresses? where are the rest?
what about the branches or sub branches addresses?

btw,...the addresses and the pictures posted on that website MAY not be there anymore....
example...the Mid Valley one...picture and address are still there in the website...BUT in reality ....go see yourself.
(GONE)
*
I am sure there is a misunderstanding or written wrongly from the site i always believed it was members (Countries) 78 and not branches.
rexlucky
post May 12 2015, 01:17 AM

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QUOTE(malleus @ May 11 2015, 08:32 PM)
Seeing how you suddenly got defensive on this, now I am very very sure of it.

After all, there's Ufun Club, UFun Group, blah blah blah, and even that Ufun Trolls Ltd for all we know.

A legitimate organisation with strong branding will be extremely protective of its own branding, and will seek to make their branding consistent and clear to ensure there's no confusion, unless its on purpose. if u-fun store has nothing to do with u-fun group, then u-fun group would have lodged police reports against them over trademark issues before the police started raiding them.

Case in point will be the police report lodged by Bina Puri against u-fun group over the misuse of the Bina Puri brand name and logo.

Besides, the evidence in what I'm suggesting is already in the news, you just need to know where to look.  ? However, reported in the news, the property seized from the Bangkok Marina project are from u-fun store.
investigated yes, but once the links are discovered, what do you think will happen?
Obviously people within the u-fun group who are in this for the money, and paid to take the risk for it.
*
U-fun group is not u-fun store understand at last.


Y said (After all, there's Ufun Club, UFun Group, blah blah blah, and even that Ufun Trolls Ltd for all we know)
Its clear you already judged the whole situation good for you by time you will see.Yes u-fun group had claimed to be involved in the Bangkok Marina project that's right so.If there are links how you said they will be guilty but if not what you have to say.

This post has been edited by rexlucky: May 12 2015, 01:23 AM
rexlucky
post May 12 2015, 01:27 AM

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QUOTE(malleus @ May 11 2015, 09:34 PM)
obviously 'paid' to have different believes lor...

just a question of whether he's paying or he's being paid
*
Getting paid by who? i wish i get paid,i said it before i am just a guy who bought tokens believe it or not.it is clear hear all you do is pointing finger and give bad names just because i have a different opinion to yours.
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post May 12 2015, 01:30 AM

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QUOTE(mobileapps @ May 12 2015, 12:16 AM)
LOL so many dumb people.

see the word "invest", terus go stupid.

Never bother to find out WHERE and HOW your money gets invested? No prospectus? Even banks gives you annual reports and prospectus on how they are gonna use your money (ie for unit trusts, etc) and the risks involved.

and people can be so stupid to put in money without even knowing. lolz.
just because one fella say guarantee, doesn't mean it is. its just plain words with nothing to back it up.
*
Thanks allot i am stupid but you are the clever one right? The word guarantee doesn't exist not even the governments can't guarantee anything.I take my chances i bought U-tokens and see what happens,every business is a high risk.

This post has been edited by rexlucky: May 12 2015, 01:33 AM
rexlucky
post May 12 2015, 01:38 AM

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QUOTE(10996455 @ May 12 2015, 01:34 AM)
Typical mlm brainwash
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You don't know anything about me,so that is your argument you attacking me?
rexlucky
post May 12 2015, 01:45 AM

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QUOTE(MUM @ May 11 2015, 04:20 PM)
the website from post # 306.....cannot get the address of any of the UFUN addresses...
do you have the lists of addresses? where can i get it?

btw, do you know Genneva Gold also has office in China?
see slide # 29 to see its offices
so what happened to genneva gold?
http://www.slideshare.net/butchtabligan/ge...ld-presentation
*
I have no idea about it we were talking about u-fun:)

This post has been edited by rexlucky: May 12 2015, 01:46 AM
rexlucky
post May 12 2015, 01:49 AM

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QUOTE(MUM @ May 11 2015, 04:36 PM)
your link say..established in 78 countries....
but the website got only a few addresses? where are the rest?
what about the branches or sub branches addresses?

btw,...the addresses and the pictures posted on that website MAY not be there anymore....
example...the Mid Valley one...picture and address are still there in the website...BUT in reality ....go see yourself.
(GONE)
*
I admit there is something wrong in the site as far as i know they are establish in asia first but i always thought are talking about members of 78 countries. I admit there is something wrong about it

rexlucky
post May 12 2015, 01:52 AM

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QUOTE(malleus @ May 11 2015, 06:10 PM)
maybe neither one? for all we know you could be hired by u-fun-troll LTD, which is one of the countless organisations setup with the u-fun name in it by those behind the scheme so they can later deny that it belongs to them when it gets busted later?
*
Or the CIA or Scotland yard hired me who knows smile.gif
malleus
post May 12 2015, 02:38 AM

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QUOTE(rexlucky @ May 12 2015, 01:27 AM)
Getting paid by who? i wish i get paid,i said it before i am just a guy who bought tokens believe it or not.it is clear hear all you do is pointing finger and give bad names just because i have a different opinion to yours.
*
ah, so this guy confirmed that he's paying to troll, instead of being paid to do so.
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post May 12 2015, 02:41 AM

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QUOTE(rexlucky @ May 12 2015, 01:17 AM)
U-fun group is not u-fun store understand at last.
Y said (After all, there's Ufun Club, UFun Group, blah blah blah, and even that Ufun Trolls Ltd for all we know)
Its clear you already judged the whole situation good for you by time you will see.Yes u-fun group had claimed to be involved in the Bangkok Marina project that's right so.If there are links how you said they will be guilty but if not what you have to say.
*
Its already in the news that:
- Bina Puri lodged a police report that they had not allowed u-fun to make use of their brand name and logo
- Property in the Bangkok Marina invested by whichever organization in the u-fun group has been seized.

so its already done and done, and going further still as they investigate into it more.

After all, not even the so called founder of u-fun dared to make a public press conference on this to confirm that u-fun store is nothing to do with u-fun group, its only the small fries making such statements. Better yet, the founder of u-fun group does not even dare make a public appearance, but only dare to release a video on youtube.

So much for reputation hmm?
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post May 12 2015, 02:41 AM

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QUOTE(rexlucky @ May 12 2015, 01:52 AM)
Or the CIA or Scotland yard hired me who knows smile.gif
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nah, already confirmed that you're just one of those who invested and trying to recoup your investments before the entire thing goes legs up.
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post May 12 2015, 02:45 AM

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QUOTE(malleus @ May 12 2015, 02:41 AM)
nah, already confirmed that you're just one of those who invested and trying to recoup your investments before the entire thing goes legs up.
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I already said i have u-tokens and i am not try to recoup any money why because i am already waiting the split if you know what i am talking about.
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post May 12 2015, 02:47 AM

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QUOTE(rexlucky @ May 12 2015, 02:45 AM)
I already said i have u-tokens and i am not try to recoup any money why because i am already waiting the split if you know what i am talking about.
*
ahh.. so you're an investor looking to make even more money as fast as possible before the entire thing goes legs up, by hoping others would join, even though they are the ones who're the most likely to lose money
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post May 12 2015, 02:52 AM

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QUOTE(malleus @ May 12 2015, 02:41 AM)
Its already in the news that:
- Bina Puri lodged a police report that they had not allowed u-fun to make use of their brand name and logo
- Property in the Bangkok Marina invested by whichever organization in the u-fun group has been seized.

so its already done and done, and going further still as they investigate into it more.

After all, not even the so called founder of u-fun dared to make a public press conference on this to confirm that u-fun store is nothing to do with u-fun group, its only the small fries making such statements. Better yet, the founder of u-fun group does not even dare make a public appearance, but only dare to release a video on youtube.

So much for reputation hmm?
*
I believe what he is doing by suggestion of his lawyers, now i am not gone speculate like you all do we have wait what's gone happen.

malleus
post May 12 2015, 03:00 AM

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QUOTE(rexlucky @ May 12 2015, 02:52 AM)
I believe what he is doing by suggestion of his lawyers, now i am not gone speculate like you all do we have wait what's gone happen.
*
Oh really? if his lawyers asked him to shut up, then where did the news that u-fun store is nothing to do with the u-fun group at all come from? must be speculation too right? OMG you're also speculating!!

fact is, there's no official confirmation from u-fun group either that u-fun store is just some entity using their name without permission at all. its just people like you speculating that this is the case right?
rexlucky
post May 12 2015, 03:02 AM

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QUOTE(malleus @ May 12 2015, 02:47 AM)
ahh.. so you're an investor looking to make even more money as fast as possible before the entire thing goes legs up, by hoping others would join, even though they are the ones who're the most likely to lose money
*
yes i said it many times i bought u-tokens.I am challenging you Where did i said i want you or some of you to join U-token or join U-fun group.I don't need referrals to make money.With you or without you u-token is gone grow.You see most of you just defamation people .

rexlucky
post May 12 2015, 03:05 AM

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QUOTE(malleus @ May 12 2015, 03:00 AM)
Oh really? if his lawyers asked him to shut up, then where did the news that u-fun store is nothing to do with the u-fun group at all come from? must be speculation too right? OMG you're also speculating!!

fact is, there's no official confirmation from u-fun group either that u-fun store is just some entity using their name without permission at all. its just people like you speculating that this is the case right?
*
On the video said it he is taking advice from his lawyer.
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post May 12 2015, 03:05 AM

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QUOTE(rexlucky @ May 12 2015, 03:02 AM)
yes i said it many times i bought u-tokens.I am challenging you Where did i said i want you or some of you to join U-token or join U-fun group.I don't need referrals to make money.With you or without you u-token is gone grow.You see most of  you just defamation people .
*
challenge accepted! By your constant effort to portray that all is well with the u-fun group despite the fact that there's so many things with your allegations that do not make sense, you're indirectly attempting to portray to the general public (take note that this is a public forum viewable to all, not just those posting in here) and therefore attempt to influence those who are new to this to perhaps invest in a ponzi type scheme for the purpose of making more money for those who are already deep into it, before it goes legs up.

there you go nod.gif
rexlucky
post May 12 2015, 03:07 AM

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QUOTE(rexlucky @ May 12 2015, 03:05 AM)
On the video said it he is taking advice from his lawyer.Oh yes you are the investigator
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malleus
post May 12 2015, 03:07 AM

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QUOTE(rexlucky @ May 12 2015, 03:05 AM)
On the video said it he is taking advice from his lawyer.
*
so you admit that your big boss himself also never confirmed that u-fun store has nothing to do with u-fun group right? so you're only speculating that u-fun store has nothing to do with u-fun group right?

which means you're spreading unconfirmed rumours based on mere speculation that u-fun store has nothing to do with u-fun group right? nod.gif
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post May 12 2015, 03:17 AM

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QUOTE(malleus @ May 12 2015, 03:05 AM)
challenge accepted! By your constant effort to portray that all is well with the u-fun group despite the fact that there's so many things with your allegations that do not make sense, you're indirectly attempting to portray to the general public (take note that this is a public forum viewable to all, not just those posting in here) and therefore attempt to influence those who are new to this to perhaps invest in a ponzi type scheme for the purpose of making more money for those who are already deep into it, before it goes legs up.

there you go  nod.gif
*
So what its a public forum who cares?I have nothing to hide i just believe there is a big misleading news thats all especially people like you and others.You said facts what fact you don't know nothing about facts.Which part does making sense?

You accept my challenge right? show me where or you just talk bla bla bla only i am waiting

rexlucky
post May 12 2015, 03:21 AM

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QUOTE(malleus @ May 12 2015, 03:07 AM)
so you admit that your big boss himself also never confirmed that u-fun store has nothing to do with u-fun group right? so you're only speculating that u-fun store has nothing to do with u-fun group right?

which means you're spreading unconfirmed rumours based on mere speculation that u-fun store has nothing to do with u-fun group right?  nod.gif
*
How many times i said u-fun group have nothing to do with u-fun store LTD.

Mellus check my posts and you read which u-fun got raided by the police and check the addresses.

No the rumour is from my leader of utoken or the guy who put me in u-token.

Sorry no speculation from my part.Remember i am consistent from my posts

This post has been edited by rexlucky: May 12 2015, 03:27 AM
malleus
post May 12 2015, 03:25 AM

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QUOTE(rexlucky @ May 12 2015, 03:17 AM)
So what its a public forum who cares?I have nothing to hide i just believe there is a big misleading news thats all especially people like you and others.You said facts what fact you don't know nothing about facts.Which part does making sense?
so which part of what you say makes sense either?

you claimed that u-fun store has nothing to do with u-fun group. but you admitted that there is no such confirmation from u-fun group on this either. even your big boss refuse to confirm. so this is speculation too.

This is the one and only major point that you have brought up in your attempt to say that u-fun group is not in trouble, but you had scuttled your own argument by confirming that its only mere speculation.

QUOTE(rexlucky @ May 12 2015, 03:17 AM)
You accept my challenge right? show me where or you just talk bla bla bla only i am waiting
*
like I said: By your constant effort to portray that all is well with the u-fun group despite the fact that there's so many things with your allegations that do not make sense, you're indirectly attempting to portray to the general public (take note that this is a public forum viewable to all, not just those posting in here) and therefore attempt to influence those who are new to this to perhaps invest in a ponzi type scheme for the purpose of making more money for those who are already deep into it, before it goes legs up.

nod.gif
rexlucky
post May 12 2015, 03:46 AM

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QUOTE(malleus @ May 12 2015, 03:25 AM)
so which part of what you say makes sense either?

you claimed that u-fun store has nothing to do with u-fun group. but you admitted that there is no such confirmation from u-fun group on this either. even your big boss refuse to confirm. so this is speculation too.

This is the one and only major point that you have brought up in your attempt to say that u-fun group is not in trouble, but you had scuttled your own argument by confirming that its only mere speculation.
like I said: By your constant effort to portray that all is well with the u-fun group despite the fact that there's so many things with your allegations that do not make sense, you're indirectly attempting to portray to the general public (take note that this is a public forum viewable to all, not just those posting in here) and therefore attempt to influence those who are new to this to perhaps invest in a ponzi type scheme for the purpose of making more money for those who are already deep into it, before it goes legs up.

nod.gif
*
Yes i said it u-fun store has nothing to do with u-fun group and many times.

You said =-fun group is not in trouble.I never said fun group is not in trouble you just invented show me the post were i said the i said many times they are under investigation only prove nothing.

you said but you admitted that there is no such confirmation from u-fun group on this either. even your big boss refuse to confirm. so this is speculation too.

My big boss if you want to call him that way said u-fun is innocent,but you don't believe him anyway.I got my information from the guy who put me in u-token.now how he got information from one of who put him in u-token.we have to wait the conclusion from the investigation.




rexlucky
post May 12 2015, 04:15 AM

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QUOTE(malleus @ May 12 2015, 03:25 AM)
so which part of what you say makes sense either?

you claimed that u-fun store has nothing to do with u-fun group. but you admitted that there is no such confirmation from u-fun group on this either. even your big boss refuse to confirm. so this is speculation too.

This is the one and only major point that you have brought up in your attempt to say that u-fun group is not in trouble, but you had scuttled your own argument by confirming that its only mere speculation.
like I said: By your constant effort to portray that all is well with the u-fun group despite the fact that there's so many things with your allegations that do not make sense, you're indirectly attempting to portray to the general public (take note that this is a public forum viewable to all, not just those posting in here) and therefore attempt to influence those who are new to this to perhaps invest in a ponzi type scheme for the purpose of making more money for those who are already deep into it, before it goes legs up.

nod.gif
*
In no way i want to sell my u-tokens you see that is speculation.At the end you don't know me as much i don't know you,at least lets agree just wait the investigation then we will see who is right and who is wrong.

T231H
post May 12 2015, 06:59 AM

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QUOTE(rexlucky @ May 12 2015, 01:45 AM)
I have no idea about it we were talking about u-fun:)
*
it means companies like Ufun going to open office in China may be just like another Genneva Gold.
google genneva gold if you don't know about it....
T231H
post May 12 2015, 07:20 AM

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QUOTE(rexlucky @ May 12 2015, 01:13 AM)
I am sure there is a misunderstanding or written wrongly from the site i always believed it was members (Countries) 78 and not branches.
*
QUOTE(rexlucky @ May 12 2015, 01:49 AM)
I admit there is something wrong in the site as far as i know they are establish in asia first but i always thought are talking about members of 78 countries. I admit there is something wrong about it
*
hmm.gif if these can be wrong...what else MIGHT be wrong?...the lists of addresses to start with?

are you one of the founding fathers of this UFUN?
Else how do you know all the above?...speculating?

I might be wrong...pardon me if I am...
It seems that there is more than 1 person using your rexlucky to response/post.
noticed that the way the post was composed or what was posted in page 16 post 311 and in page 17 is way different from what was written this morning....

This post has been edited by T231H: May 12 2015, 07:24 AM
MUM
post May 12 2015, 07:58 AM

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QUOTE(T231H @ May 12 2015, 07:20 AM)
hmm.gif if these can be wrong...what else MIGHT be wrong?...the lists of addresses to start with?

are you one of the founding fathers of this UFUN?
Else how do you know all the above?...speculating?

I might be wrong...pardon me if I am...
It seems that there is more than 1 person using your rexlucky to response/post.
noticed that the way the post was composed or what was posted in page 16 post 311 and in page 17 is way different from what was written this morning....
*
doh.gif cybertrollers reinforcement in 2 shifts? sweat.gif sweat.gif
malleus just becareful, dun get too heated up...not good for blood pressure. biggrin.gif

"you just cannot eliminate them all...there are always some born every minutes".....same like my son told me when I was playing his "plants & zombies" games.

SORRY rexlucky...if that is not true.....

have to go back to my OHM, OHM, OHM, OHM,,,,,,trying to keep my blood pressure down. smile.gif
kreak17
post May 12 2015, 08:12 AM

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How can u believe UFUN members anymore if they already lied about UFUN joint venture with Bina Puri?

kreak17
post May 12 2015, 08:13 AM

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QUOTE(kreak17 @ May 12 2015, 08:12 AM)
How can u believe UFUN members anymore if they already lied about UFUN joint venture with Bina Puri?
*
Oh, i forgot. The UFUN members currently said they have no link with Bina Puri anymore.....

biggrin.gif

The irony.............
malleus
post May 12 2015, 09:24 AM

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QUOTE(rexlucky @ May 12 2015, 03:46 AM)
You said =-fun group is not in trouble.I never said fun group is not in trouble you just invented show me the post were i said the  i said many times they are under investigation only prove nothing.
oh no, but your replies and evasive behaviour implies that they're in trouble nod.gif

QUOTE(rexlucky @ May 12 2015, 03:46 AM)
My big boss if you want to call him that way said u-fun is innocent,but you don't believe him anyway.I got my information from the guy who put me in u-token.now how he got information from one of who put him in u-token.we have to wait the conclusion from the investigation.
*
so you admit that the news that u-fun group and u-fun store are totally different is just unconfirmed speculation, where even u-fun group itself does not dare to make an official statement, but is just merely rumours? nod.gif

kreak17
post May 12 2015, 10:22 AM

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LEE GUANG CHEN AARON - UFUN core member arrested in China

 2014年9月,连云港市局经侦支队在工作中发现境外传销组织优趣集团以投资虚拟货币“U币”为名,在连云港市发展会员进行传销犯罪活动的线索。

该传销体系骨干成员马来西亚人LEE GUANG CHEN AARON一直潜逃境外。专案组、深挖其国内关系人、境内轨迹规律等信息,力争早日将其缉捕归案。经不懈努力,2015年4月23日,专案组在深圳宝安机场成功将LEE GUANG CHEN AARON抓获归案。

http://www.jsga.gov.cn/…/js…/2010/jwdt...15043014188.htm
malleus
post May 12 2015, 10:24 AM

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QUOTE(MUM @ May 12 2015, 07:58 AM)
doh.gif cybertrollers reinforcement in 2 shifts?  sweat.gif  sweat.gif
malleus just becareful, dun get too heated up...not good for blood pressure.  biggrin.gif

"you just cannot eliminate them all...there are always some born every minutes".....same like my son told me when I was playing his "plants & zombies" games.

SORRY rexlucky...if that is not true.....

have to go back to my OHM, OHM, OHM, OHM,,,,,,trying to keep my blood pressure down. smile.gif
*
well, managed to get confirmation from him that the claims that the u-fun store that got raided in Bangkok is nothing to do with u-fun group is not an official statement from u-fun, but just mere speculations spread around by those who had invested money into it.
mobileapps
post May 12 2015, 10:39 AM

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QUOTE(rexlucky @ May 12 2015, 01:30 AM)
Thanks allot i am stupid but you are the clever one right? The word guarantee doesn't exist not even the governments can't guarantee anything.I take my chances i bought U-tokens and see what happens,every business is a high risk.
*
lol of course you're stupid

btw, how much tokens you bought? what can you do with the tokens?

a guarantee is where there is bank negara backing and approval. and usually in approving, the company need to have minimum 40mil in their paid up capital, stringent process and guidelines, open and transparent, etc.

just like how public listed company shares do. sure it has risks, as the company can tutup kedai, but you can analyze and know what this company do, where he invests, and potential growth in the industry.

u fun group, apa lu dapat? prospectus apa apa also tarak. go blindly give money?

barter trade? online currency? lol. doh.gif
nexona88
post May 12 2015, 12:01 PM

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QUOTE(T231H @ May 12 2015, 07:20 AM)
I might be wrong...pardon me if I am...
It seems that there is more than 1 person using your rexlucky to response/post.
noticed that the way the post was composed or what was posted in page 16 post 311 and in page 17 is way different from what was written this morning....
*
u have very good observation skills rclxms.gif
I was thinking "wah 2am/3am also veli active & going strong replying".. rupanya got 2 pipu using the account laugh.gif
rexlucky
post May 12 2015, 01:23 PM

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QUOTE(malleus @ May 12 2015, 02:38 AM)
ah, so this guy confirmed that he's paying to troll, instead of being paid to do so.
*
an you understand english i never said that
rexlucky
post May 12 2015, 01:28 PM

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QUOTE(T231H @ May 12 2015, 06:59 AM)
it means companies like Ufun going to open office in China may be just like another Genneva Gold.
google genneva gold if you don't know about it....
*
Genneva is out of subject

rexlucky
post May 12 2015, 01:32 PM

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QUOTE(T231H @ May 12 2015, 07:20 AM)
hmm.gif if these can be wrong...what else MIGHT be wrong?...the lists of addresses to start with?

are you one of the founding fathers of this UFUN?
Else how do you know all the above?...speculating?

I might be wrong...pardon me if I am...
It seems that there is more than 1 person using your rexlucky to response/post.
noticed that the way the post was composed or what was posted in page 16 post 311 and in page 17 is way different from what was written this morning....
*
If i am the founding of u-fun you really believe gone waist my time in here.I m try to answer all posts who talk to me i beieve thats me
rexlucky
post May 12 2015, 01:37 PM

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QUOTE(malleus @ May 12 2015, 09:24 AM)
oh no, but your replies and evasive behaviour implies that they're in trouble  nod.gif
so you admit that the news that u-fun group and u-fun store are totally different is just unconfirmed speculation, where even u-fun group itself does not dare to make an official statement, but is just merely rumours?  nod.gif
*
which news are you talking about be more specific please.
rexlucky
post May 12 2015, 01:40 PM

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QUOTE(malleus @ May 12 2015, 10:24 AM)
well, managed to get confirmation from him that the claims that the u-fun store that got raided in Bangkok is nothing to do with u-fun group is not an official statement from u-fun, but just mere speculations spread around by those who had invested money into it.
*
Check u-fun store LTD address and check U-fun group address and you see they are two different offices
rexlucky
post May 12 2015, 01:45 PM

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QUOTE(mobileapps @ May 12 2015, 10:39 AM)
lol of course you're stupid

btw, how much tokens you bought? what can you do with the tokens?

a guarantee is where there is bank negara backing and approval. and usually in approving, the company need to have minimum 40mil in their paid up capital, stringent process and guidelines, open and transparent, etc.

just like how public listed company shares do. sure it has risks, as the company can tutup kedai, but you can analyze and know what this company do, where he invests, and potential growth in the industry.

u fun group, apa lu dapat? prospectus apa apa also tarak. go blindly  give money?

barter trade? online currency? lol.  doh.gif
*
How many U-token i bought is my business. Concentrate on your pathetic life trust me.
mobileapps
post May 12 2015, 01:48 PM

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QUOTE(rexlucky @ May 12 2015, 01:45 PM)
How many U-token i bought is my business. Concentrate on your pathetic life trust me.
*
lol another red herring. avoiding the questions.

sendiri sohem buy stupid non existent tokens, get angry pulak laugh.gif

when the company decides to bungkus and lari, there's nothing you can dooooo whistling.gif
rexlucky
post May 12 2015, 01:52 PM

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QUOTE(mobileapps @ May 12 2015, 01:48 PM)
lol another red herring. avoiding the questions.

sendiri sohem buy stupid non existent tokens, get angry pulak  laugh.gif

when the company decides to bungkus and lari, there's nothing you can dooooo  whistling.gif
*
I am not avoiding any questions,Why you want to know how many tokens i got?Now who is the stupid.I am not angry but very relaxed

This post has been edited by rexlucky: May 12 2015, 01:53 PM
T231H
post May 12 2015, 02:00 PM

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QUOTE(rexlucky @ May 12 2015, 01:40 PM)
Check u-fun store LTD address and check U-fun group address and you see they are two different offices
*
the addresses listed is NOT accurate....
previous posts already hightlighted....go refer back previous postings.

why the big bosses chickened out and cabut?




T231H
post May 12 2015, 02:02 PM

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QUOTE(rexlucky @ May 12 2015, 01:28 PM)
Genneva is out of subject
*
yes...it is to remind people that companies that BOASTED about expanding to China may just be like Genneva Gold.....a scam company too....
mobileapps
post May 12 2015, 02:05 PM

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QUOTE(rexlucky @ May 12 2015, 01:52 PM)
I am not avoiding any questions,Why you want to know how many tokens i got?Now who is the stupid.I am not angry but very relaxed
*
why not? you should be proud and boastful of your investments laugh.gif

so now you got utokens, then what? lol

can bring to 7-eleven buy bread with your utokens? at least bitcoins have more usefulness.

doh.gif
rexlucky
post May 12 2015, 02:05 PM

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QUOTE(T231H @ May 12 2015, 02:00 PM)
the addresses listed is NOT accurate....
previous posts already hightlighted....go refer back previous postings.

why the big bosses chickened out and cabut?
*
I already said it i see the video and he is under advice of his lawyer.
T231H
post May 12 2015, 02:07 PM

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QUOTE(rexlucky @ May 12 2015, 02:05 PM)
I already said it i see the video and he is under advice of his lawyer.
*
i the video he can say he is xxxxxxx...do you believes?
T231H
post May 12 2015, 02:13 PM

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my advise is,...(you may listen if you want)...please STOP trying to post here defending or answering any posting or questions. Have you observed that for the past few days, the more you tried to explains, the more "shit" people dig up, and the more you tried to divert the more cornered you are.

any new readers would just read and believes them as the new papers already highlighted it too.....

it would make more harm than good to your Ufun....(just my thought) you may ignore if you want.


rexlucky
post May 12 2015, 02:15 PM

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QUOTE(T231H @ May 12 2015, 02:07 PM)
i the video he can say he is xxxxxxx...do you believes?
*
This is a question to everybody if u-token its illegal,ponzi etc etc how it is still operating

kreak17
post May 12 2015, 02:16 PM

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The China official has been probing (since September 2014) on oversea MLM organization under the name of UFUN who uses U Tokens as a mean of investment,
while at the same time conducting illegal activities.

The China Official has arrested Aaron Lee who has been involved in illegal MLM activities.
He is one of the core members involved and has been evading the China police arrest.


The China Officials has arrested 10 top personnel while froze RMB2900++million of asset.
They also uncover large amount of bank card, laptop, etc.
The case has involved 31 states/district over China , 3.6 million investor and investment around RMB5 billion ++.


http://www.jsga.gov.cn/www/jsga/2010/jwdt-...15043014188.htm
kreak17
post May 12 2015, 02:19 PM

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QUOTE(T231H @ May 12 2015, 02:00 PM)
the addresses listed is NOT accurate....
previous posts already hightlighted....go refer back previous postings.

why the big bosses chickened out and cabut?
*
Different company but using the same U Token??
T231H
post May 12 2015, 02:19 PM

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QUOTE(rexlucky @ May 12 2015, 02:15 PM)
This is a question to everybody if u-token its illegal,ponzi etc etc how it is still operating
*
because the case
is still under investigation, because of that the police had not submitted the case for prosecution yet, and because of that the court have not find UFUN to be guilty yet, and because of that...UFUN is still operating as normally...yet the BIG bosses are running away chicken shit.


T231H
post May 12 2015, 02:23 PM

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QUOTE(kreak17 @ May 12 2015, 02:19 PM)
Different company but using the same U Token??
*
no, what i mean is the listed addresses on the website or the link provided by rexlucky is NOT updated ...example...the Midvalley office is still listed on the web but in reality???? (Gone)
so if the lists is not updated how to make a valid argument by saying the Ufun office raided by thai police is not UFun office as it is not in the list..
malleus
post May 12 2015, 03:47 PM

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QUOTE(rexlucky @ May 12 2015, 01:40 PM)
Check u-fun store LTD address and check U-fun group address and you see they are two different offices
*
the official address on my company registration and the address where I work out of is also different.

basically this means nothing at all in the case of u-fun group and u-fun store LTD
malleus
post May 12 2015, 03:48 PM

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QUOTE(rexlucky @ May 12 2015, 02:15 PM)
This is a question to everybody if u-token its illegal,ponzi etc etc how it is still operating
*
this is exactly what every single joker in all previous ponzi schemes claims, before it gets shut down. GPLF, Stevens Tea Garden, Geneva, you name it, their members also claims the same thing.
malleus
post May 12 2015, 03:50 PM

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QUOTE(10996455 @ May 12 2015, 03:40 PM)
Hello scratch and win ma illegal , they still operating right ?? Every time those scratch and win ppl see police ma run like chicken shit.
Any one sure this is not MNet alt acc ??
*
Ya lar.. that's why this u-fun registered so many companies with so many addresses for the purpose of running like chicken poo mah...

That's also why they dare not officially make a public statement that confirms that rex fellow's claims that u-fun group and u-fun store are not the same.
malleus
post May 12 2015, 03:57 PM

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QUOTE(T231H @ May 12 2015, 02:23 PM)
no, what i mean is the listed addresses on the website or the link provided by rexlucky is NOT updated ...example...the Midvalley office is still listed on the web but in reality???? (Gone)
so if the lists is not updated how to make a valid argument by saying the Ufun office raided by thai police is not UFun office as it is not in the list..
*
different addresses does not mean anything either. a company's administrative address can be different from a company's various operational addresses, especially when there's different subsidiaries involved.

nexona88
post May 12 2015, 04:14 PM

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QUOTE(10996455 @ May 12 2015, 03:40 PM)
Hello scratch and win ma illegal , they still operating right ?? Every time those scratch and win ppl see police ma run like chicken shit.
Any one sure this is not MNet alt acc ??
*
I suspect it but no proof to back it up sweat.gif
kreak17
post May 12 2015, 04:26 PM

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Thailand already taken action against UFUN.
China also taken action against UFUN.
More countries will follow suit.


nexona88
post May 12 2015, 06:15 PM

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Zhang Jian return after plastic surgery, this time he turn out to be mastermind of Thailand UFUN
user posted image

Thai Police has raid Thailand UFUN, they have arrested 8 person which is 5 thai and 2 Malaysian. 120,000 people has fallen for this scheme and the losses was 38 billion baht. It is reported on the surface that Thai police is wanted a Thaii nationality mastermind but according to police intel, the mastermind who is a chinese nationality claimed himself to be " Future World Richest Man". in other words Zhang Jian return to cheat again. Thai Police Chief assistant Suwei La point that the 47 years old Thai nationality consultant Arthit Pankaew actually is Zhang Jian, last year he was arrested in Thailand however it is learned that he fled to Vietnam. After went through a plastic surgery, he assume another identity and return to Thailand to operate another pyramid scheme. According to Thai media, Thai Police has confiscated all the company asset. Arthit Pankaew already fled to other country, Thai court has issue warrant to arrest Arthit Pankaew and his wife.

http://www.guangming.com.my/node/249905?tid=84


malleus
post May 12 2015, 08:42 PM

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QUOTE(10996455 @ May 12 2015, 08:22 PM)
I wait see rexlucky reaction for this report
*
he will say that his uplines tells him a different story lar, that everybody here is speculating lar, and so on. and that joker has nothing to do with u-fun group which is different from the u-fun that he's involved in also. same old story nod.gif
kreak17
post May 13 2015, 02:54 PM

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That's the least of his problem. The members has been complaining that they cannot cash in .
And to top it off, UFUN promote like crazy to their members.

Last minute sales, to get whatever investment money then gone with the wind.
nexona88
post May 13 2015, 08:16 PM

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rexlucky No reply? blink.gif

T231H
post May 13 2015, 08:29 PM

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QUOTE(nexona88 @ May 13 2015, 08:16 PM)
rexlucky No reply?  blink.gif
*
hmm.gif I think he would replies after the court had made the judgement on UFUN or UFUN Store or whatever linked to UFUNs......
I think his lawyers asked him not to speak out for whatever spoken may be brought against him in THIS court here....
now instead of YOU FUN, the big bosses are having fun themselves.
hmm.gif I think he should go have some fun outside instead of WE FUN "tekan" him here.

hmm.gif but if the court find them not guilty...then kena lah us.... doh.gif cry.gif sweat.gif

This post has been edited by T231H: May 13 2015, 08:35 PM
nexona88
post May 13 2015, 08:34 PM

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QUOTE(T231H @ May 13 2015, 08:29 PM)
hmm.gif I think he would replies after the court had made the judgement on UFUN or UFUN Store or whatever linked to UFUNs......
I think his lawyers asked him not to speak out for whatever spoken may be brought against him in THIS court here....
now instead of YOU FUN, the big bosses are having fun themselves.
*
or maybe He out of idea to argue with all of us here laugh.gif
yokoloco
post May 13 2015, 08:36 PM

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QUOTE(T231H @ May 13 2015, 08:29 PM)
hmm.gif I think he would replies after the court had made the judgement on UFUN or UFUN Store or whatever linked to UFUNs......
I think his lawyers asked him not to speak out for whatever spoken may be brought against him in THIS court here....
now instead of YOU FUN, the big bosses are having fun themselves.
hmm.gif I think he should go have some fun outside instead of WE FUN "tekan" him here.

hmm.gif but if the court find them not guilty...then kena lah us.... doh.gif  cry.gif  sweat.gif
*
By that time he also no more lawyer since his lawyers don't accept payment in Utokens.
forever99482
post May 13 2015, 10:46 PM

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no REFUN for UFUN members? LoL
nexona88
post May 14 2015, 12:09 AM

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QUOTE(forever99482 @ May 13 2015, 10:46 PM)
no REFUN for UFUN members? LoL
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nice one laugh.gif
kreak17
post May 14 2015, 08:02 AM

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QUOTE(yokoloco @ May 13 2015, 08:36 PM)
By that time he also no more lawyer since his lawyers don't accept payment in Utokens.
*
Even the lawyer appointed in Thailand accept full cash payment.
No U-Tokens and even down payment.

T231H
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QUOTE(yokoloco @ May 13 2015, 08:36 PM)
By that time he also no more lawyer since his lawyers don't accept payment in Utokens.
*
I think the bosses have a lot of real cash to pay the lawyers....it is the members that have no real cash....as their real cash had been used to buy UTOKENS that had been created by their bosses.
hmm.gif sorry....who is the "he" you are talking about? tongue.gif
T231H
post May 14 2015, 08:42 AM

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QUOTE(kreak17 @ May 14 2015, 08:02 AM)
Even the lawyer appointed in Thailand accept full cash payment.
No U-Tokens and even down payment.
*
hmm.gif wondering why "they" did not engage those lawyers that are UFUN group members?
I think those lawyers would accept that (UTOKENS).... rolleyes.gif
hmm.gif but then again...how are those lawyers going to pay their companies operating expenses with? doh.gif brows.gif
malleus
post May 14 2015, 09:43 AM

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http://www.nationmultimedia.com/national/T...s-30259948.html

Key items to note: this u-fun store that was raided seems to be rolling in cash and have a large network too.

with such a large scale operation in place, it is very unlikely that u-fun group will have not initiated legal proceedings on them over misuse of the u-fun brand name if they're indeed totally different entities as claimed.
kreak17
post May 14 2015, 10:56 AM

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QUOTE(malleus @ May 14 2015, 09:43 AM)
http://www.nationmultimedia.com/national/T...s-30259948.html

Key items to note: this u-fun store that was raided seems to be rolling in cash and have a large network too.

with such a large scale operation in place, it is very unlikely that u-fun group will have not initiated legal proceedings on them over misuse of the u-fun brand name if they're indeed totally different entities as claimed.
*
China has arrested 10 UFUN active members .
They have probe this UFUN since September 2014.
Their big success is capturing of this Aaron Lee who is one of the key person of UFUN.


nexona88
post May 14 2015, 01:34 PM

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Why uFun Club’s pre-IPO investment offerings are bollocks laugh.gif
http://behindmlm.com/companies/ufun-club/w...s-are-bollocks/
kreak17
post May 14 2015, 03:04 PM

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QUOTE(nexona88 @ May 14 2015, 01:34 PM)
Why uFun Club’s pre-IPO investment offerings are bollocks laugh.gif
http://behindmlm.com/companies/ufun-club/w...s-are-bollocks/
*
I assume they are no more using U-tokens anymore.
Back to IPO shares??
That is the reason why Bank Negara blacklisted them before.
SUSSarah Jessica
post May 14 2015, 06:25 PM

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shocking.gif Najib Son Involved in UFun!
nexona88
post May 14 2015, 06:45 PM

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QUOTE(J_S_N98 @ May 14 2015, 06:23 PM)
Hot news!

Ufun – Why Najib's son not questioned, asks Thai media

http://www.malaysiakini.com/news/298356
*
Najib son pulak now involved shakehead.gif

» Click to show Spoiler - click again to hide... «


This post has been edited by nexona88: May 14 2015, 06:46 PM
malleus
post May 15 2015, 01:51 AM

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QUOTE(nexona88 @ May 14 2015, 06:45 PM)
Najib son pulak now involved shakehead.gif

» Click to show Spoiler - click again to hide... «

*
http://www.freemalaysiatoday.com/category/...ked-sabah-firm/

now he says he's no longer involved and they're using his name without permission
nexona88
post May 15 2015, 10:02 AM

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QUOTE(malleus @ May 15 2015, 01:51 AM)
http://www.freemalaysiatoday.com/category/...ked-sabah-firm/

now he says he's no longer involved and they're using his name without permission
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why I'm not surprised.. yawn.gif yawn.gif
malleus
post May 15 2015, 12:09 PM

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QUOTE(nexona88 @ May 15 2015, 10:02 AM)
why I'm not surprised.. yawn.gif  yawn.gif
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and then you get this report coming out next: http://www.sarawakreport.org/2015/05/najib...pany-exclusive/
nexona88
post May 15 2015, 12:15 PM

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QUOTE(malleus @ May 15 2015, 12:09 PM)
and then you get this report coming out next: http://www.sarawakreport.org/2015/05/najib...pany-exclusive/
*
I donno what to say rclxub.gif

KeroroQ
post May 16 2015, 10:31 AM

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Jib kor's son
Found in this fb, interesting read laugh.gif
yokoloco
post May 16 2015, 11:09 AM

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QUOTE(KeroroQ @ May 16 2015, 10:31 AM)
Jib kor's son
Found in this fb, interesting read laugh.gif
*
same news as the one from Sarawak Report

This post has been edited by yokoloco: May 16 2015, 11:10 AM
malleus
post May 16 2015, 05:39 PM

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QUOTE(yokoloco @ May 16 2015, 11:09 AM)
same news as the one from Sarawak Report
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so with this, it means that the Klang Gateway project is just another scam job?
nexona88
post May 16 2015, 08:18 PM

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Malaysian royalty involved in uFun Club Ponzi scheme?
https://mlmnewsblog.com/2015/05/malaysian-r...b-ponzi-scheme/
malleus
post May 16 2015, 09:41 PM

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QUOTE(nexona88 @ May 16 2015, 08:18 PM)
Malaysian royalty involved in uFun Club Ponzi scheme?
https://mlmnewsblog.com/2015/05/malaysian-r...b-ponzi-scheme/
*
misleading title though. its in reference to Najib's son, and they mistakenly referred to him as 'royalty' which he's not
yokoloco
post May 16 2015, 10:47 PM

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QUOTE(malleus @ May 16 2015, 09:41 PM)
misleading title though. its in reference to Najib's son, and they mistakenly referred to him as 'royalty' which he's not
*
but they sure run the country like they are royalty
nexona88
post May 17 2015, 12:31 PM

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QUOTE(yokoloco @ May 16 2015, 10:47 PM)
but they sure run the country like they are royalty
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+1000000

see the mom la how much she spend laugh.gif
kreak17
post May 18 2015, 01:29 PM

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QUOTE(malleus @ May 16 2015, 05:39 PM)
so with this, it means that the Klang Gateway project is just another scam job?
*
Yup, while Ufunners said that they have 30%share in Klang Gateway,
Sagajuta has denied them.
Even Danial Tay in his latest youtube message also said there is no business relationship.


T231H
post May 18 2015, 01:32 PM

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QUOTE(kreak17 @ May 18 2015, 01:29 PM)
Yup, while Ufunners said that they have 30%share in Klang Gateway,
Sagajuta has denied them.
Even Danial Tay in his latest youtube message also said there is no business relationship.
*
so does it means what was posted in their website are NOT real?
nexona88
post May 18 2015, 01:35 PM

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QUOTE(kreak17 @ May 18 2015, 01:29 PM)
Yup, while Ufunners said that they have 30%share in Klang Gateway,
Sagajuta has denied them.
Even Danial Tay in his latest youtube message also said there is no business relationship.
*
shakehead.gif
yokoloco
post May 18 2015, 07:57 PM

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QUOTE(T231H @ May 18 2015, 01:32 PM)
so does it means what was posted in their website are NOT real?
*
Haven't seen a single thing they say that is real.
kreak17
post May 19 2015, 12:55 PM

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QUOTE(T231H @ May 18 2015, 01:32 PM)
so does it means what was posted in their website are NOT real?
*
They lied about Bina Puri,
they also lied about Klang Gateway.
MednSpa also is a lie as it was registered under Danial not under Ufun company.

All is lies.....................

New audio from Danial Tay alos admit that UFUN is running illegal business,
that is why they need to convert their utokens to IPO shares.....

What a load of bullshit........
nexona88
post May 19 2015, 12:58 PM

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those keeping utokens are in deep shit now tongue.gif
malleus
post May 19 2015, 01:54 PM

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QUOTE(kreak17 @ May 19 2015, 12:55 PM)
They lied about Bina Puri,
they also lied about Klang Gateway.
MednSpa also is a lie as it was registered under Danial not under Ufun company.

All is lies.....................

New audio from Danial Tay alos admit that UFUN is running illegal business,
that is why they need to convert their utokens to IPO shares.....

What a load of bullshit........
*
WTF? he actually admitted that? got link?
kreak17
post May 19 2015, 02:24 PM

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https://www.facebook.com/thetruthisoutthere...383811651818898
T231H
post May 19 2015, 02:31 PM

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QUOTE(kreak17 @ May 19 2015, 02:24 PM)
hmm.gif then can they can argue as per link in page#16, post # 308?
Lingam's....
malleus
post May 19 2015, 04:01 PM

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QUOTE(kreak17 @ May 19 2015, 02:24 PM)
damn... but trying to list is easier than said. unless they try for a reverse takeover. buy over an existing listed company that is in financial trouble then change the name
kreak17
post May 19 2015, 04:46 PM

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QUOTE(malleus @ May 19 2015, 04:01 PM)
damn... but trying to list is easier than said. unless they try for a reverse takeover. buy over an existing listed company that is in financial trouble then change the name
*
UFUN cannot be listed as it is already blacklisted.
And who would want to take over UFUN which was wanted by the Thailand police and China police.
nexona88
post May 19 2015, 04:53 PM

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QUOTE(kreak17 @ May 19 2015, 04:46 PM)
UFUN cannot be listed as it is already blacklisted.
And who would want to take over UFUN which was wanted by the Thailand police and China police.
*
then the listing plan is gone case laugh.gif


malleus
post May 19 2015, 08:28 PM

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I wonder where's rexlucky. he seems to still lurk around but is very quite now.
kreak17
post May 20 2015, 09:06 AM

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QUOTE(10996455 @ May 19 2015, 09:03 PM)
That dick probably know cannot con ppl join him aldy
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If he dare to promote UFUN, he is labelled as a scammer.

nexona88
post May 20 2015, 11:49 AM

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QUOTE(malleus @ May 19 2015, 08:28 PM)
I wonder where's rexlucky. he seems to still lurk around but is very quite now.
*
he cannot scam anyone anymore here laugh.gif
nexona88
post May 20 2015, 01:34 PM

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QUOTE(10996455 @ May 20 2015, 01:30 PM)
Nope he/she probably back here scamming ppl with new id
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don't worry.. we "attack" kaw2 until He wet His pants laugh.gif
nexona88
post May 20 2015, 08:27 PM

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Thai police have raided and blocked access to 13 rooms at a condominium on Ratchadaphisek Road here owned by a Malaysian suspect involved in the controversial UFun investment scheme.

The Wednesday raid followed a recent discovery by police of UFun Store Co Ltd, an affiliate of UFun, having deposited US$10mil (RM36mil) with UDBP Management (Thailand), assistant national police chief Pol Lt-General Suwira Songmetta said.

He said Kevin Lai, who owns the rooms and is under police custody, was the manager of UDBP Management (Thailand), which was promoted openly as a commercial bank but not registered as one with the Bank of Thailand.

http://www.thestar.com.my/News/Nation/2015...ia-Police-UFun/
alanshore
post May 21 2015, 09:59 AM

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ufun in malaysia still operating la ....


i told my friend that he better pull out his money now .... he said no need.

he's very confident with his upline . ..... his upline said malaysia not affected .

he showed me that he's still can withdraw and invest anytime .


T231H
post May 21 2015, 10:18 AM

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QUOTE(alanshore @ May 21 2015, 09:59 AM)
ufun in malaysia still operating la ....
i told my friend that he better pull out his money now .... he said no need.

he's very confident with his upline . ..... his upline said malaysia not affected .

he showed me that he's still can withdraw and invest anytime .
*
hmm.gif guess it was the same situation as in the Genneva Gold offices and operation before the law knock at their doors.

This post has been edited by T231H: May 21 2015, 10:36 AM


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kreak17
post May 21 2015, 10:31 AM

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QUOTE(alanshore @ May 21 2015, 09:59 AM)
ufun in malaysia still operating la ....
i told my friend that he better pull out his money now .... he said no need.

he's very confident with his upline . ..... his upline said malaysia not affected .

he showed me that he's still can withdraw and invest anytime .
*
Withdraw the figures or withdraw the cash??
Those are totally different thing.

And UFUN will not be using Utokens anymore,
Utokens nned to convert to IPO Shares to keep UFUN alive.


kreak17
post May 21 2015, 10:34 AM

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QUOTE(nexona88 @ May 20 2015, 08:27 PM)
Thai police have raided and blocked access to 13 rooms at a condominium on Ratchadaphisek Road here owned by a Malaysian suspect involved in the controversial UFun investment scheme.

The Wednesday raid followed a recent discovery by police of UFun Store Co Ltd, an affiliate of UFun, having deposited US$10mil (RM36mil) with UDBP Management (Thailand), assistant national police chief Pol Lt-General Suwira Songmetta said.

He said Kevin Lai, who owns the rooms and is under police custody, was the manager of UDBP Management (Thailand), which was promoted openly as a commercial bank but not registered as one with the Bank of Thailand.

http://www.thestar.com.my/News/Nation/2015...ia-Police-UFun/
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nexona88
post May 21 2015, 11:36 AM

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QUOTE(alanshore @ May 21 2015, 09:59 AM)
ufun in malaysia still operating la ....
i told my friend that he better pull out his money now .... he said no need.

he's very confident with his upline . ..... his upline said malaysia not affected .

he showed me that he's still can withdraw and invest anytime .
*
wait for your friend to lose all the money.. then He know how high is the sky tongue.gif
malleus
post May 21 2015, 11:50 AM

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QUOTE(alanshore @ May 21 2015, 09:59 AM)
ufun in malaysia still operating la ....
i told my friend that he better pull out his money now .... he said no need.

he's very confident with his upline . ..... his upline said malaysia not affected .

he showed me that he's still can withdraw and invest anytime .
*
in addition to what others has mentioned, there's something interesting to keep an eye on.

keep an eye on the prices of the utokens, and see how they progress.

with all the negative news out right now, if the price is really market driven like they claim, then you can expect the utoken price to go down, especially with the admission that the Bangkok Marina and Klang Gateway project claims are now known to be false.

but if the price remains as it is, or goes up, then you will know that the price is not market driven as claimed, but is determined internally by those running ufun instead.
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post May 21 2015, 01:08 PM

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QUOTE(malleus @ May 21 2015, 11:50 AM)
in addition to what others has mentioned, there's something interesting to keep an eye on.

keep an eye on the prices of the utokens, and see how they progress.

with all the negative news out right now, if the price is really market driven like they claim, then you can expect the utoken price to go down, especially with the admission that the Bangkok Marina and Klang Gateway project claims are now known to be false.

but if the price remains as it is, or goes up, then you will know that the price is not market driven as claimed, but is determined internally by those running ufun instead.
*
Good perception.

nexona88
post May 21 2015, 04:32 PM

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QUOTE(malleus @ May 21 2015, 11:50 AM)
in addition to what others has mentioned, there's something interesting to keep an eye on.

keep an eye on the prices of the utokens, and see how they progress.

with all the negative news out right now, if the price is really market driven like they claim, then you can expect the utoken price to go down, especially with the admission that the Bangkok Marina and Klang Gateway project claims are now known to be false.

but if the price remains as it is, or goes up, then you will know that the price is not market driven as claimed, but is determined internally by those running ufun instead.
*
good info rclxms.gif notworthy.gif
kreak17
post May 22 2015, 07:50 AM

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UFUN suspects smuggled Bt776m so far, police say

The four suspects who were arrested on Wednesday for allegedly trying to smuggle Bt22.7 million cash into Malaysia are believed to have withdrawn and smuggled up to Bt776 million over the past year, police claimed yesterday.

The suspects are linked to the UFUN alleged pyramid scheme.

Assistant national police chief Pol Lt-General Suwira Songmetta said three Thais - Niphaphorn Lamee, 36; Theerawaj Phatcharasuyayai, 21; and Natthawaran Uttamakaew, 24 - and one Malaysian, Boon Kiat Choo, had opened bank accounts for UFUN members to wire money into. They then allegedly withdrew this money and smuggled it into Malaysia for laundering purposes.

Police investigation of the four suspects' accounts showed that they had allegedly withdrawn and possibly smuggled Bt779 million over the past year, he said, adding that three Thais had authorised the Malaysian man to make withdrawals from their accounts.

The gang allegedly made withdrawals of Bt2 million each several times a day, he said, adding that one day as many as nine withdrawals were made.

Once across the border, the cash was passed on to a Penang resident and Choo was given a commission of Bt1,000 for each Bt1 million. Meanwhile, Theerawaj said he was paid Bt2,000 a month to authorise the withdrawals and another Bt7,000 to close the account, police said.

Suwira added that investigators were contacting banks because they wanted to look into another 16 bank accounts that Choo had allegedly opened to accommodate deposits made by UFUN members.

Choo, who also carries a Thai passport under the name of Chaisong Wanatbodiwong as he has a Thai father and a Malaysian mother, said he had opened many bank accounts for business, including one for UFUN members to deposit money into. He also admitted that he had asked the three Thai suspects to also open accounts, adding that they did not know how much he withdrew each day.

http://www.nationmultimedia.com/national/U...y-30260662.html
T231H
post May 22 2015, 09:09 AM

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Moxian thread had been removed (2x tis week) will this UFUN thread...just be alert lor... sweat.gif sweat.gif

This post has been edited by T231H: May 22 2015, 09:09 AM
nexona88
post May 22 2015, 10:47 AM

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QUOTE(T231H @ May 22 2015, 09:09 AM)
Moxian thread had been removed (2x tis week) will this UFUN thread...just be alert lor... sweat.gif  sweat.gif
*
lol even yesterday one already removed blink.gif
malleus
post May 23 2015, 01:15 PM

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more news: http://www.themalaysianinsider.com/malaysi...onzi-scheme-say
malleus
post May 23 2015, 01:44 PM

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it looks like they're now extremely hot on investing into nickel mining operations or so they claim. after getting busted on the property investments (Bina Puri & Klang Gateway which is now confirmed never happened) they claim to now be investing into the mining industry for the returns.

And using this as justification to get more people to sign up for their scheme under the guise of massive returns when they get their IPO.


This very much sounds to me like the GPLF founder's transfer fee to his new scheme. a final last attempt to milk as much money as possible before going bust

This post has been edited by malleus: May 23 2015, 01:45 PM
nexona88
post May 23 2015, 02:04 PM

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if more people sign up for their scheme (for nickel mining).. I donno what to say to them doh.gif
malleus
post May 23 2015, 02:10 PM

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QUOTE(nexona88 @ May 23 2015, 02:04 PM)
if more people sign up for their scheme (for nickel mining).. I donno what to say to them  doh.gif
*
it looks like the nickel mining is to show that they have revenue, in order to achieve IPO. and the ability to get pre IPO shares via purchase of the schemes is the lure to get people to invest now.

but the funny thing is, they claim that they have invested big time into a JV at a nickel mine in Sulawesi, that has an estimated profit of USD 6 Billion. And the only place where you hear about this news is via their own press releases. Normally any investments with a return of even less than USD 1 Billion will have numerous news outfits covering it dy wan, of which there is none in this case. fishy isn't it?
nexona88
post May 23 2015, 02:14 PM

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QUOTE(malleus @ May 23 2015, 02:10 PM)
it looks like the nickel mining is to show that they have revenue, in order to achieve IPO. and the ability to get pre IPO shares via purchase of the schemes is the lure to get people to invest now.

but the funny thing is, they claim that they have invested big time into a JV at a nickel mine in Sulawesi, that has an estimated profit of USD 6 Billion. And the only place where you hear about this news is via their own press releases. Normally any investments with a  return of even less than USD 1 Billion will have numerous news outfits covering it dy wan, of which there is none in this case. fishy isn't it?
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lol if USD 6bil Profit, I sure it would all over the news tongue.gif
nexona88
post May 27 2015, 11:01 PM

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Ufun scheme under scrutiny after arrests in Thailand
http://www.straitstimes.com/news/business/...ailand-20150527
malleus
post May 28 2015, 06:43 PM

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There's something else interesting that I found:

http://www.reuters.com/article/2015/05/08/...N0XZ05X20150508

Prime Minerals has acquired 100% shares in WGM1.

Now, WGM1 is the operator of PT Bintang Sinar Perkasa, the same company that's currently engaged in establishing a nickel mine in Sulawesi, the very same nickel mine that ufun claims to be having a JV with.

Here's the catch. The acquisition of WGM1 by Prime Minerals took place on the 8th May. Same day too that ufun claims to have done the JV for the nickel mine.

Now, how likely is it that a JV like that will be signed on the same day that the company is being fully acquired by another party.
nexona88
post Jun 2 2015, 09:04 PM

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Police nab 2 more Ufun scam suspects
http://www.bangkokpost.com/news/general/57...n-scam-suspects
nexona88
post Jun 4 2015, 10:25 PM

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Thai cops expecting FBI cooperation to nab UFun couple
http://www.thestar.com.my/News/Regional/20...n-FBU-coop-nab/
SUScute_miao
post Jun 5 2015, 10:46 AM

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This is illlegal
nexona88
post Jun 5 2015, 12:06 PM

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QUOTE(cute_miao @ Jun 5 2015, 10:46 AM)
This is illlegal
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and yet a lot of people join in the scheme yawn.gif
SUScute_miao
post Jun 5 2015, 12:40 PM

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QUOTE(nexona88 @ Jun 5 2015, 12:06 PM)
and yet a lot of people join in the scheme  yawn.gif
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I wonder why malaysians so c2pid.

Where got free lunch in d wrld.
nexona88
post Jun 6 2015, 08:55 PM

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Thailand Police will press more charges that carry harsher punishments against suspects in the Malaysia-based Ufun pyramid scheme because they say it is a transnational crime covering 13 countries in Africa, Asia, North America, Australia and Europe.

Assistant police chief Suwira Songmetta said on Friday that the scam had been plotted in Malaysia and spread to Australia, Britain, China, France, Germany, Guinea, Indonesia, Laos, Malaysia, Singapore, Taiwan, Thailand, and the United States. Ufun executives had given lectures to lure victims in many countries, he added.

http://www.bangkokpost.com/news/crime/5838...er-ufun-charges
SUScute_miao
post Jun 7 2015, 11:42 AM

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hopefully more n more ppl are aware with all this funny funny things

the problem with humans are... GREEDY.

always remember theres no free lunch.


if u wan stg, you must go for it with your own effort and not taking short cuts
T231H
post Jun 7 2015, 11:46 AM

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QUOTE(cute_miao @ Jun 7 2015, 11:42 AM)
hopefully more n more ppl are aware with all this funny funny things

the problem with humans are... GREEDY.

always remember theres no free lunch.
if u wan stg, you must go for it with your own effort and not taking short cuts
*
hmm.gif those that joined ...they took effort to pour in money just like others...they did not take short cut......isn't that like what you mentioned above?
"you must go for it with your own effort and not taking short cuts"

you said, "the problem with humans are.. GREEDY".....
may I know who much % of ROI and below is NOT considered as greedy?


This post has been edited by T231H: Jun 7 2015, 11:50 AM
SUScute_miao
post Jun 7 2015, 11:51 AM

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QUOTE(T231H @ Jun 7 2015, 11:46 AM)
hmm.gif those that joined ...they took effort to pour in money just like others...they did not take short cut......isn't that like what you mentioned above?
"you must go for it with your own effort and not taking short cuts"

you said, "the problem with humans are.. GREEDY".....
may I know who much % of ROI and below is NOT considered as greedy?
*
betul jugak....felt angry with those fellors

especially nearby ktm station in midvalley or lrt in pasar senir area


still remember the fat lady holding some gifts and ask me to buy or scratch
T231H
post Jun 7 2015, 11:57 AM

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QUOTE(cute_miao @ Jun 7 2015, 11:51 AM)
betul jugak....felt angry with those fellors

especially nearby ktm station in midvalley or lrt in pasar senir area
still remember the fat lady holding some gifts and ask me to buy or scratch
*
cannot sing or forgotten the script?
here is a list of where free lunches can be obtained....
http://<referral link removed>/my/news/what-is-a-soup-kit...-i-get-involved


This post has been edited by T231H: Jun 7 2015, 12:00 PM
SUScute_miao
post Jun 7 2015, 11:59 AM

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QUOTE(T231H @ Jun 7 2015, 11:57 AM)
cannot sing or forgotten the script?
here is a list of where free lunches can be obtained....
<a href='http://<referral link removed>/my/news/what-is-a-soup-kitchen-where-are-they-how-do-i-get-involved' target='_blank'>http://<referral link removed>/my/news/what-is-a-soup-kit...-i-get-involved</a>
*
link removed hmm.gif
T231H
post Jun 7 2015, 12:01 PM

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QUOTE(cute_miao @ Jun 7 2015, 11:59 AM)
link removed  hmm.gif
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google "soup kitchens in Malaysia"
SUScute_miao
post Jun 7 2015, 12:05 PM

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QUOTE(T231H @ Jun 7 2015, 12:01 PM)
google "soup kitchens in Malaysia"
*
not kesian till that level..

anyway, i need rm100k now...any idea how to get it apart from along, bank loan, parents/friends pinjam, cards...
T231H
post Jun 7 2015, 12:08 PM

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QUOTE(cute_miao @ Jun 7 2015, 12:05 PM)
not kesian till that level..

anyway, i need rm100k now...any idea how to get it apart from along, bank loan, parents/friends pinjam, cards...
*
tell me too, when you managed to get that. thanks in advance.
(p/s, will give you some commissions from that, if I am successfully in getting it too.)
SUScute_miao
post Jun 7 2015, 12:15 PM

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QUOTE(T231H @ Jun 7 2015, 12:08 PM)
tell me too, when you managed to get that. thanks in advance.
(p/s, will give you some commissions from that, if I am successfully in getting it too.)
*
wan to meet later in masid jamek? today the bank is off....wana go n take the atm machine back to home?
T231H
post Jun 7 2015, 12:18 PM

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QUOTE(cute_miao @ Jun 7 2015, 12:15 PM)
wan to meet later in masid jamek? today the bank is off....wana go n take the atm machine back to home?
*
too crowded?
and don't have transport to go there and take the machine back...you have "big" one and you know how to dismantle the system? which ATM you go in mind?
http://my.nusalist.com/atm/all/3.149640/10...lumpur-malaysia

This post has been edited by T231H: Jun 7 2015, 12:19 PM
nexona88
post Jun 14 2015, 03:59 PM

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uFun Club warning issued by central bank of Brunei
http://behindmlm.com/companies/ufun-club/u...bank-of-brunei/
malleus
post Jun 20 2015, 11:09 PM

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looks like this is the new rebranded ufun

http://unascos.com
SUSsupersound
post Jun 21 2015, 08:38 AM

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QUOTE(malleus @ Jun 20 2015, 11:09 PM)
looks like this is the new rebranded ufun

http://unascos.com
*
Well, the same shit with rebrand whistling.gif
Still got people get cheated, what to do, what to do doh.gif
Lucky that when comes to spending money, I don't talk about lifestyle, still using the old school swipe and sign or cash payment method laugh.gif
malleus
post Jun 21 2015, 10:40 AM

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QUOTE(supersound @ Jun 21 2015, 08:38 AM)
Well, the same shit with rebrand whistling.gif
Still got people get cheated, what to do, what to do doh.gif
Lucky that when comes to spending money, I don't talk about lifestyle, still using the old school swipe and sign or cash payment method laugh.gif
*
and from what I've seen so far, it does look like they're trying their very best to hide their shady past, as well as any past association with ufun too.

they're still claiming to have that JV in the nickel mines and the many stores opening in China though. Although there's not a single 3rd party source that can validate the news of this.
Sunny zombie
post Jun 21 2015, 12:07 PM

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how this ufun work?
Sunny zombie
post Jun 21 2015, 12:07 PM

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how this ufun work?
malleus
post Jun 21 2015, 12:59 PM

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QUOTE(Sunny zombie @ Jun 21 2015, 12:07 PM)
how this ufun work?
*
its a ponzi scam. that's how it works
nexona88
post Jun 21 2015, 01:01 PM

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QUOTE(malleus @ Jun 20 2015, 11:09 PM)
looks like this is the new rebranded ufun

http://unascos.com
*
shakehead.gif doh.gif

I sure some people would fall for it blush.gif
SUSsupersound
post Jun 21 2015, 03:04 PM

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QUOTE(malleus @ Jun 21 2015, 10:40 AM)
and from what I've seen so far, it does look like they're trying their very best to hide their shady past, as well as any past association with ufun too.

they're still claiming to have that JV in the nickel mines and the many stores opening in China though. Although there's not a single 3rd party source that can validate the news of this.
*
As long as we need to use hard cash to change cyber cash or other "cash value" stuffs, treat it as potential fraud whistling.gif
malleus
post Jun 21 2015, 07:08 PM

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QUOTE(supersound @ Jun 21 2015, 03:04 PM)
As long as we need to use hard cash to change cyber cash or other "cash value" stuffs, treat it as potential fraud whistling.gif
*
an even more interesting thing is, if you're to take a look at the various Facebook posts about ufun switching over to this unascos thingy, there tends to be somebody replying to them claiming to be from unascos asking them to remove all evidence that can link ufun to unascos
SUSsupersound
post Jun 21 2015, 08:29 PM

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QUOTE(malleus @ Jun 21 2015, 07:08 PM)
an even more interesting thing is, if you're to take a look at the various Facebook posts about ufun switching over to this unascos thingy, there tends to be somebody replying to them claiming to be from unascos asking them to remove all evidence that can link ufun to unascos
*
This is normal rclxub.gif
T231H
post Jun 21 2015, 09:27 PM

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QUOTE(supersound @ Jun 21 2015, 08:29 PM)
This is normal rclxub.gif
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rclxms.gif yes,..even in LYN, they had made some of those similar kinds of "Posting" disappeared too.
nexona88
post Jun 21 2015, 10:07 PM

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QUOTE(T231H @ Jun 21 2015, 09:27 PM)
rclxms.gif yes,..even in LYN, they had made some of those similar kinds of "Posting" disappeared too.
*
shakehead.gif doh.gif
SUScute_miao
post Jun 22 2015, 09:20 AM

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QUOTE(malleus @ Jun 20 2015, 11:09 PM)
looks like this is the new rebranded ufun

http://unascos.com
*
Rebranding and repackaging strategyg.


nexona88
post Jun 23 2015, 01:26 PM

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300,000 page uFun Club police report finalized
QUOTE
More than 300 police officers handled the paperwork in the investigation along with checking out 411 money transactions and 36,063 documents implicating wrongdoers.

140 assets have been seized – the greatest amount in police history that includes overseas investigations into transnational crime.

http://behindmlm.com/companies/ufun-club/3...port-finalized/
nexona88
post Jul 3 2015, 06:55 PM

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uFun Club delay Unascos Australia opening gala
http://behindmlm.com/companies/ufun-club/u...a-opening-gala/
SUScute_miao
post Jul 5 2015, 11:41 AM

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I wonder still gt ppl kena frm this scam or nt
nexona88
post Jul 5 2015, 01:32 PM

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well sure some people would still fall for it rolleyes.gif
SUSsupersound
post Jul 5 2015, 03:24 PM

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QUOTE(cute_miao @ Jul 5 2015, 11:41 AM)
I wonder still gt ppl kena frm this scam or nt
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I fall in to scratch and lose trap last time.
Lesson learn from that is, don't be greedy whistling.gif
SUScute_miao
post Jul 5 2015, 03:39 PM

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QUOTE(supersound @ Jul 5 2015, 03:24 PM)
I fall in to scratch and lose trap last time.
Lesson learn from that is, don't be greedy whistling.gif
*
How come smart ppl like u also kena
SUSsupersound
post Jul 5 2015, 04:46 PM

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QUOTE(cute_miao @ Jul 5 2015, 03:39 PM)
How come smart ppl like u also kena
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I was 15 that time doh.gif
SUScute_miao
post Jul 5 2015, 06:57 PM

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QUOTE(supersound @ Jul 5 2015, 04:46 PM)
I was 15 that time doh.gif
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Now 30?

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