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 Do anyone know about WHAT IS SUNSHINE EMPIRE?, Just a new type of MLM company,

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TSjanicechok
post Oct 23 2007, 03:34 PM, updated 18y ago

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One of friends told me about the company of SUNSHINE EMPIRE, which is when we invest 2k in it then after 5 years we will get back in donno how many percentla... its say guarantee will get back what we invest in it. Dont know you all know about this company? let me about this company if you have heard before about the empMALL or investment company??thanks
alanyuppie
post Oct 23 2007, 03:38 PM

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here you go.

http://www.ponziscams.com/blog/malaysia-sc...nt-ponzi-scams/
jong52yuara
post Oct 23 2007, 03:38 PM

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http://sc.com.my/eng/html/licensing/invest...ert_list.html#s
TSjanicechok
post Oct 23 2007, 03:55 PM

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QUOTE(jong52yuara @ Oct 23 2007, 03:38 PM)
thanks thanks...That means this kind of company cant join lo? TIPU ga??
cherroy
post Oct 23 2007, 03:57 PM

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QUOTE(janicechok @ Oct 23 2007, 03:55 PM)
thanks thanks...That means this kind of company cant join lo? TIPU ga??
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Still need to ask?
ed0gawa
post Oct 23 2007, 03:59 PM

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Give me 10k , i guarantee you .. in 10 yrs time .. i can return u 30-200%

Want try?

zzzz........ 5yrs later dunno the company hide where liao lo
TSjanicechok
post Oct 23 2007, 04:01 PM

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QUOTE(cherroy @ Oct 23 2007, 03:57 PM)
Still need to ask?
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haha...Dont knw ma. My friends say until so good. show a lot evidence and say it at SG very famous la..KL also got la..Bla bla bla..I also a newbie in MLM..Mane ku tahu ..hehe..
luckily i ask here if not i join thn Habis la..Hahaha..

justin_nys
post Oct 23 2007, 04:21 PM

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aiya...by its name you already can feel it's a scam already..no joke.
acbc
post Oct 23 2007, 04:25 PM

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Never do business with friends... u will end up losing both should any dispute arises.
robertngo
post Oct 23 2007, 08:08 PM

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QUOTE(janicechok @ Oct 23 2007, 04:01 PM)
haha...Dont knw ma. My friends say until so good. show a lot evidence and say it at SG very famous la..KL also got la..Bla bla bla..I also a newbie in MLM..Mane ku tahu ..hehe..
luckily i ask here if not i join thn Habis la..Hahaha..
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it is also in the investor alert list by monetory authority of singapore

http://www.moneysense.gov.sg/check_our_lis...Portal_IAL.html
viper88
post Oct 23 2007, 09:55 PM

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Yalo.. better becareful.. this type of company biz model kinda like tricky1.
My SG cousin who just graduates got hooked and invest alot in it.. he even wants me to lend him money coz he want to become higher lvl member so can get more high returns..
He invest about Singapore $7K i think Says can get return like 300% etcs..

He reject him down la of coz...



icon_rolleyes.gif Cheers, icon_rolleyes.gif
v_viper88



QUOTE(robertngo @ Oct 23 2007, 08:08 PM)
it is also in the investor alert list by monetory authority of singapore

http://www.moneysense.gov.sg/check_our_lis...Portal_IAL.html
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cuebiz
post Oct 23 2007, 11:11 PM

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There are many warnings and newspaper report on SE. You can visit this forum for all the info you need http://mlmg.sgforums.com/?action=thread_di...d=276414&page=7
fiqir
post Oct 24 2007, 11:00 AM

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SUNSHINE EMPIRE IS SCAM COMPANY, please away from this scam smile.gif


QUOTE
Warning From Securities Commission of Malaysia

Dear Sir,



We refer to your complaint regarding Sunshine Empire. We wish to inform you that Sunshine Empire is not an entity licensed by the Securities Commission ("SC" ) of Malaysia. Individuals or organisations engaged in the securities or futures industry in Malaysia come under the regulatory oversight of the SC and must be licensed by the SC for any activities involving dealing in securities or futures or providing investment advice or fund management services related to securities or future. Investment schemes offered to the Malaysian public involving securities or futures and options that are operated by unlicensed entities would be in breach of the law. The SC will take action if any person/s are found to be in breach of securities laws. For details on entities licensed by the SC you may wish to refer to our website at www.sc.com.my. 



We have also verified the status of Sunshine Empire with the Ministry of Domestic Trade and Consumer Affairs, and have been informed that no license has been issued to Sunshine Empire to carry out multi-level marketing activities in Malaysia. 

We would appreciate it, if you could provide us with more details of the nature of the investment opportunity offered to you including any documentation or information you may have received from the company to facilitate further review of the matter.

We look forward to you reply soonest. Thank you. 

Yours sincerely, 

Securities Commission

Investor Affairs & Complaints


QUOTE
News from Oriental Daily News - Translate Version

(Kuala Lumpur, on the 13th) - Securities Commission (SC) and the National Bank (BNM) while repeatedly reminded the public not to be approved investment in the absence of the high investment returns, but such investment company continues active. At present, under the "need vigilance," the number of companies it had reached 68. 


According to the Securities Commission to provide oversight to the latest data suggests that there is no access to the Commission and the National Bank approval to the sale of securities or to provide investment advice and fund management companies or among several website, as many as 68, and Sunshine Empire is the latest of which was included in the name. 

Several readers also provide information to this newspaper that a company called Sunshine Empire to provide substantial returns dollar investment plan. The sale of the company bought three kinds of ancillary sell fiery, dramatic increase in the number of members, are among investors mostly ethnic Chinese. 

Securities Commission accept the "Oriental Daily News" inquiry, pointed out that the Sunshine Empire no operating license fund management or investment advisory services. By promoting public investment companies before identifying the background. Securities Commission spokesman said that in the absence of licenses available to the public under the securities or futures investment company, is in conflict with the Securities Act at all. 

This pyramid schemes claiming to be the transnational companies in Malaysia to set up nearly one year to members of pyramid investment to the supremacy of charge from 600 million ringgit of ringgit funds, and then regular monthly cash distribution to the members and agreed to 10 months "to the" can be described as lucrative. 

The National Banking and Securities Commission unanimously denied a license to the company by pyramid schemes, pyramid schemes and said that the company is monitoring the activities and mode of operation; The Domestic Trade and Consumer Affairs Ministry said, the company only to companies registered with no direct access to operating licenses MLM business. 

On the other hand, as a central bank Monetary Authority of Singapore (MAS), also means the company has not received license approval. The Monetary Authority of Singapore has been on the website, to the company as investors need to be wary of companies. Malaysian National Bank spokesman clarified that the country will not permit this to the company, allowing the company to collect deposits Member (deposit taking), the trip has been an investigation on the matter, currently overseeing the company's operations and activities. "Member companies taking deposits, the country should apply for a license, but they did not do so." 

He said that to investors or members of illegal taking deposits, consistent with 1989 banks and financial institutions Act 25 (1) the provision. As countries, the process is still collecting information at this stage-country trip only issued warnings, urged investors to stay away from these investment company. Under existing law, once convicted, is liable to imprisonment of up to 10 years or a fine of 10 million ringgit, or both.



Added on October 24, 2007, 11:07 am
QUOTE(robertngo @ Oct 23 2007, 08:08 PM)
it is also in the investor alert list by monetory authority of singapore

http://www.moneysense.gov.sg/check_our_lis...Portal_IAL.html
*
and also here. smile.gif

China Official Anti Fraud Site

http://www.antifraud.gov.cn/typicalcase/4_...07092406999.jsp



Translated version

This post has been edited by fiqir: Oct 24 2007, 11:12 AM
happy4ever86
post Oct 25 2007, 02:48 AM

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If it really was a scam company, u think SC or govourment will let the company continue it?
SC have the power to freeze any company or banned the company instantly, and also hand the power to banned their website too...
But then the company still operation like usually at KUB.COM building at 1st floor...
How did u mean scam? Pay money to join then didnt get anything?
U buy the package and join it, u will have free talk time from 3 month to 4 years, and a e-wallet point to let you buy items from internet, or let you sell ur product at internet...

So how did you know it was a scam company? Does the company scam your money before? And since it started from August 2006, there was no anyone of members regret it!

Lamp Berger also have been list at SC b4, but then, is it now still on the list? Then how to explain about this? LB rasuah for asking them remove it? No way, SC just put as invertor alert, but still is ALERT only! Govourment have come company check b4, but get nothing. You can try think it from other way, those SC and MAS is watching the company, so the company not dare do anything illegal as there are too many people in Singapore and Malaysia into Sunshine Empire.

Don't worry about what the market is going to do, instead worry about what you are going to do in response to the market. And never let your market decisions be restricted or influenced by concern over what others might think. Don't worry about looking stupid.

Not everything is gurantee, you invest money, open a shop, u can gurantee yourself sure will sucess, sure will earn money? If really, then this world wont have a word > BANKRAP.
Hey man, NO RISK!! NO GAIN!!

This still is depend ur ownself, if u able to take the risk, u can give it a try. If not, u want borrow those money from ah long, jadi mat rempit at outside rompak things, or stole from ur house, please dont come it.

I'm a part of Sunshine Empire member, if interesting or still have question, can reach me at MSN : happy4ever86@hotmail.com.
This post is just a part of my opinion, no hard feeling, ok? Hope that my post wont start any flaming or argue at here.

PEACE!!!!


Added on October 25, 2007, 3:00 am
QUOTE(alanyuppie @ Oct 23 2007, 03:38 PM)
I didn't agree with this, Ponzi scams is known as MONEY GAMES.
You buy package or pay money join it, but u didnt get any product, that's called money games, examples like Swisscash and eBarrel.
Charles Ponzi, he is a italian, born at 03 March 1882, died at 18 January 1949, he was the people that create money games.
Earlier, money game called as Ponzi Scheme, or "make money fast", in malay, names Skim Cepat Kaya.
It's like a gambler game.

This post has been edited by happy4ever86: Oct 25 2007, 03:10 AM
beginner
post Oct 25 2007, 03:34 AM

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http://www.sgforums.com/?action=thread_dis...d=220726&page=0
http://www.thelocalking.com/singapore/misc...ine-empire.html

Mandarin newspaper
http://sps.nus.edu.sg/~wongjian/20071018192941390.pdf
http://sps.nus.edu.sg/~wongjian/20071018192833712.pdf



This post has been edited by beginner: Oct 25 2007, 03:38 AM
SonnyCooL
post Oct 25 2007, 04:00 AM

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QUOTE(happy4ever86 @ Oct 25 2007, 02:48 AM)
If it really was a scam company, u think SC or govourment will let the company continue it?
SC have the power to freeze any company or banned the company instantly, and also hand the power to banned their website too...
But then the company still operation like usually at KUB.COM building at 1st floor...
How did u mean scam? Pay money to join then didnt get anything?
U buy the package and join it, u will have free talk time from 3 month to 4 years, and a e-wallet point to let you buy items from internet, or let you sell ur product at internet...

So how did you know it was a scam company? Does the company scam your money before? And since it started from August 2006, there was no anyone of members regret it!

Lamp Berger also have been list at SC b4, but then, is it now still on the list? Then how to explain about this? LB rasuah for asking them remove it? No way, SC just put as invertor alert, but still is ALERT only! Govourment have come company check b4, but get nothing. You can try think it from other way, those SC and MAS is watching the company, so the company not dare do anything illegal as there are too many people in Singapore and Malaysia into Sunshine Empire.

Don't worry about what the market is going to do, instead worry about what you are going to do in response to the market. And never let your market decisions be restricted or influenced by concern over what others might think. Don't worry about looking stupid.

Not everything is gurantee, you invest money, open a shop, u can gurantee yourself sure will sucess, sure will earn money? If really, then this world wont have a word > BANKRAP.
Hey man, NO RISK!! NO GAIN!!

This still is depend ur ownself, if u able to take the risk, u can give it a try. If not, u want borrow those money from ah long, jadi mat rempit at outside rompak things, or stole from ur house, please dont come it.

I'm a part of Sunshine Empire member, if interesting or still have question, can reach me at MSN : happy4ever86@hotmail.com.
This post is just a part of my opinion, no hard feeling, ok? Hope that my post wont start any flaming or argue at here.

PEACE!!!!


Added on October 25, 2007, 3:00 am

I didn't agree with this, Ponzi scams is known as MONEY GAMES.
You buy package or pay money join it, but u didnt get any product, that's called money games, examples like Swisscash and eBarrel.
Charles Ponzi, he is a italian, born at 03 March 1882, died at 18 January 1949, he was the people that create money games.
Earlier, money game called as Ponzi Scheme, or "make money fast", in malay, names Skim Cepat Kaya.
It's like a gambler game.
*
good, invest more .... and work harder to make more then invest again(act fast, cause u might not have the second chances to invest), is one of the life time chance ... u can't find in any company will provide u consistent 3% monthly return else where ........




cuebiz
post Oct 25 2007, 09:35 AM

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QUOTE(happy4ever86 @ Oct 25 2007, 02:48 AM)
If it really was a scam company, u think SC or govourment will let the company continue it?
SC have the power to freeze any company or banned the company instantly, and also hand the power to banned their website too...
But then the company still operation like usually at KUB.COM building at 1st floor...
How did u mean scam? Pay money to join then didnt get anything?
U buy the package and join it, u will have free talk time from 3 month to 4 years, and a e-wallet point to let you buy items from internet, or let you sell ur product at internet...



*
When it is on the alert list on SC, it means that SC already investigating the company. Swisscash had been operating for few years before SC got all the evidence it needs to shut it down and sued those people that cheats. Just a matter of time.
SonnyCooL
post Oct 25 2007, 11:10 AM

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QUOTE(cuebiz @ Oct 25 2007, 09:35 AM)
When it is on the alert list on SC, it means that SC already investigating the company. Swisscash had been operating for few years before SC got all the evidence it needs to shut it down and sued those people that cheats. Just a matter of time.
*
some ppl just don't like to analysis, they trust what they see now but not the future .... for outsider like us, we can't stop then by fact (they don't and is their own money too), so better stay out from war .....


happy4ever86
post Oct 25 2007, 11:14 AM

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QUOTE(cuebiz @ Oct 25 2007, 09:35 AM)
When it is on the alert list on SC, it means that SC already investigating the company. Swisscash had been operating for few years before SC got all the evidence it needs to shut it down and sued those people that cheats. Just a matter of time.
*
So how you explain about the LB company? The name was on SC list before about one year since LB have start at MY around 1 year.
Swisscash is a another things, it's money games company or gambling games, Swisscash din have their own head office at MY, and money games it does not come with any product, other examples of money games is eBarrel.

But SE not, it have their own special offer product for you, that's call MLM business, not cheating those people money, is buy product (VoIP Talk Time and E-point for buying product at internet shopping platform) from our company. SC investigating the company i feel that is safe, so the company not dare to do anything that illegal.

Try to go the company for knowing what is their other business, is it the business really operate, is it is a fake project that they show you. I have checked this all with my own eyes. I'm also a person that only will trust myself, even CEO James Phang talk to me i also didn't trust. But I'm satisfy with the information that i get, so i join it.

Just a matter of time, i agree with you, let see how the company future.


Added on October 25, 2007, 11:16 am
QUOTE(SonnyCooL @ Oct 25 2007, 04:00 AM)
good, invest more .... and work harder to make more then invest again(act fast, cause u might not have the second chances to invest), is one of the life time chance ... u can't find in any company will provide u consistent 3% monthly return else where ........
*
You also is a member of SE?

This post has been edited by happy4ever86: Oct 25 2007, 11:16 AM
fiqir
post Oct 25 2007, 12:24 PM

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JAMES PHANG claimed that he better than Warren Buffett in The Straits Times, really funny .. loL biggrin.gif

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