I would like to invest in this company about Rm10k. My friend has been joining this company for about 3 months now, he's been earning a lot since then. I saw the account and he explained everything but I have a cousin who tells me it's just a money game. Example they use the money of the people who join and pass it on to the person who invested before and soon as there is not much money to run they disappear with a big amount of cash. Well this invested is pretty funny, you earn way more than you invested in within a sort period of time, it kind of seems like a fraud but if so what's the evidence that it's a fraud. My friend is earn Rm800 a day and no joke the money goes in his pockets.

already listed under watchlist/warning by BNM...

What do you mean by that?

Yes sir

Sounds more like a ponzi scheme. If i were you, i would better find out more about this company.

Remembered them selling this mattress a few years back that was going for about RM10K and how things work was something like person A buy this for RM10K and introduces person B to get this and once person B buys this, Person A gets some commission. The cycle repeats where new customers are brought in C,D,E,F,G…………. and when the moment the company isn't able to attract more customers, the company goes bust.

So my advice to you would be to find out more about this scheme cos you would want your hard earned money going down the drain.

This post has been edited by shankar_dass93: Mar 4 2014, 09:49 PM

kalau ini tak tau nak cari / refer, memang patut ko kena tipu...


refer here

http://www.bnm.gov.my/index.php?ch=en_fina...eralert&lang=bm


download list link -> Senarai nama entiti dan laman sesawang


u tengok dlm list tu no 19

very true thanks for the info

thanks man

Im not saying that Bossventure is a scam but just gave you that scenario as an example.

Its always good to be safe than sorry lol

Stay away from it, and on one fine day, you'll be grateful for the advice.

Cheers.

Just don't know what would be the day.

Ahhhh... I remembered when I was a kid , my parents bought the 10k mattress, from their god daughter. Being conned I guess.

Ouch, please be careful everyone!!

read the discussion on the previous thread.

normally the up-liners will be getting back the money, the most victim will be the down-liners when they are looking at how much the profit being generated / received by their up-liners, and the invest in it.. by then, the management ends the operation and gone with the wind
better dont fall for such scam even if the returns is very attractive

They claimed to be MSC company to use the tax free angle, but one check into MDEC will see they are not listed on the MSC Company.

They use the MSC company to use the tax free status to make people believe. People will believe anything.

Greed will get you every time!!!

where got so good business everyday can get so much returns???? If can, how come all the big corporations not into this??

company registered in Samoa Islands. How many people actually know this island nation??? Where is it???

The Malaysian company is call Cash Deal Sdn Bhd..
aiyoh..pick name also pick a nicer one la..

Where is your source

http://www.mscmalaysia.my/status_company
Page 15

Cash Deal Sdn Bhd
Year of Approval: 2011
Main Cluster: InfoTech
Core Activities:
Research, development and commercialization of Digital Neural Application (D.N.A) e-Mall Solution
Address:
Suite 3.01, Level 3 1A, Jalan SS 20/1, Damansara Utama
Wisma TA
46400 Petaling Jaya
Selangor
Phone: +60377223512

Here are some general information regarding Ponzi scams

1) They could use any "vehicle" to run the scam, most use "investments" as vehicle, like forex trading, livestock like palm estate, gold or agar wood. Scammers could also use "business" to launch their Ponzi, bottom line, as long as the return is a "transfer of wealth" from new investors to old investors. It is a Ponzi, if the profit comes from below:
a) new investors or
b) reinvested money from old investors)
2) There are 2 big things to lookout to spot a Ponzi,
a) They "always" successfully pay the "profit" to early investors without fail. They will make it look and seems believable to fish for more "buy in" investors.
b) They "always" have a method for investors to "reinvest" their earnings and to get "more profit" via re-investment, and would always discourage cash out.

most Ponzi can last to couple of years due to the above 2 points, as old investors keep pumping in their so called "profit" while looking for "new believers"

even if you are old investors and are able to take the profit and run and probably even get to afford a brand new car, don't forget about karma as black heart money need to pay back eventually. Because once the Ponzi pyramid is "built" we all know somehow there will be people get burn at the end when it collapse ..

the only one who win big is the scammer, old investors win small and most investors lose their hard earned savings

hope this helps clear some doubts

There is another thread on this I believe. Got someone already complained that cannot withdraw or sth.

Please do not say how much is your profit based on the "balance" in ur BV account or wadever.

After you successfully withdraw full - your amount of investment = your profit.

The public a list of companies and websites which are neither authorised nor approved under the relevant laws and regulations administered by BNM. http://www.bnm.gov.my/documents/2014/20140725_FCA_EN.pdf

KNPDKK also takde.. good luck yea~

SHIT!

They are also listed in SC.Not licensed by the SC to conduct capital market activities. See B category

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