looks like scam to me. Get new "investors" & use their money u pay the "old" investors. The cycle goes on like that.

I remember my high school teacher "advice". Can invest in these scheme but make sure u are the the "early" investors, so u can get back your money faster & let the latecomer suffer.. The only risk is are u the early bird or latecomer?

I'm waiting for thread losing money in MLM very soon

the case would be investigated under the Direct Sales Act and Anti-Pyramid Schemes Act 1993, section 27 (b) for YSLM and Section 6 (4) for CDTUP International Sdn Bhd.

“The case can also be investigated under Anti-Money Laundering and Anti-Terrorism Financing Act 2001 that carries fines of not more than RM5 million or jail of not more than five years or both.

There will be a nationwide crackdown on the premises of CDTUP International and YSLM, owned by “the world’s future richest man” Zhang Jian.

“We will launch raids on all of his stores nationwide and confiscate his merchandise.”

Yesterday, it was confirmed that the trade registered to Zhang was not a legitimate multi-level marketing (MLM) company.

“Therefore, we will act immediately to take action, starting with raids.

“We will summon this so called, ‘future richest man in the world’.”

u join ah?

me too

YSLM bashing continues

hello MNet what's the status now? can give some update on YSLM. we all eager to know

Nope, I'm not her/his downline
juz curious to know what her/his answer now

rm300mil ONLY? so little? or balance songlap by someone

Millionaire Zhang Jian’s whereabouts remain unclear

The whereabouts of the self-proclaimed Chinese millionaire Zhang Jian remain unclear even after multiple raids have been conducted on his offices in the country.

While some sources said Zhang had fled the country, others claimed that he was still around, waiting to clear the air over his company YSLM.

“He is said to have passports of several countries,” said a source. “We believe that he has fled the country.”

Chairman of the company’s charity wing, Datuk John Lee Kim Tian, said Zhang was still in the country and was “awaiting legal advice”.

He would hold a press conference soon to address the issue personally, said Lee.

Domestic Trade, Cooperatives and Consu­merism Ministry secretary-general Datuk Seri Alias Ahmad said it would act accordingly, including detaining Zhang for investigations.

SOS Kicap

I didn't join the scheme, from starting got some doubt about it

u stalking me

hahahah

u seem to know a lot about Mnet

Chinese 'millionaire' is now in Taiwan
http://www.thestar.com.my/News/Nation/2014...domestic-trade/

Huge ad on Zhang taken down

A prominent billboard advertisement featuring China businessman Zhang Jian put up near the Penang Bridge toll plaza on the mainland has been taken down following a police report.

Seberang Prai Municipal Council member Michael Tan said the billboard owner removed the advertisement on Thursday.

really meeting for 2days ah? something fishy

There's one time where one of my relative ask me & my family to join one MLM scheme. We rejected it & say big NO. what happen after that is really unexpected. They didn't talk to me & family for almost 1year. even got any function, they "forget" to call us. They even influence others relative not to talk to us. I like WTF. MLM also can "break-up" families relationship

if u have the pict, please do PM me


Joining MLM also need skills. If u exit b4 the boss "run-away", then u can make tons of money. I remember one of my school teacher told me about it. She also enter one of the MLM scheme years ago. After she got few payments & "well above cover" her initial cost, she escape from it. Others late entry stuck there.

Nice one

INTERPOL SOUGHT TO TRACE YSLM FOUNDER

The Domestic Trade, Cooperatives and Consumerism Ministry, KPDNKK will work with the police to obtain help from Interpol to track down Chinese national, Zhang Jian the founder of get-rich-quick scheme company, YSLM.

This follows reports that the company allegedly cheated up to 180 thousand victims through the scheme.

According to the ministry's Secretary-General, Datuk Seri Alias Ahmad the 26-year-old self-proclaimed Chinese millionaire was no longer in Malaysia and believed to have fled to Taiwan.

However, initial investigations by the Immigration Department found several individuals having the same name as the suspect.

Hence, the ministry is now determining Zhang Jian's real name and passport number used to enter Malaysia.