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

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b00n
post Nov 6 2007, 06:09 PM

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QUOTE(rstusa @ Nov 6 2007, 05:53 PM)
But they said got RM3billion project in kl & melaka so the gov won't simply take action to their company, coz they said the RM3billion can help country and stop the gov taking action to them.
*
Who can verify the source?
fiqir
post Nov 6 2007, 07:12 PM

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QUOTE(jong52yuara @ Nov 6 2007, 04:26 PM)
so far there is still nothing wrong with the SE, security commision of malaysia and sg just blacklist them bcoz has no legal permit to accept investment from public. in these kind of situation, the only proof saying SE is scam is when they run away with the money..
*
what u meant nothing wrong with SE ? smile.gif .. when they run with the money.. it too late already smile.gif

QUOTE(rstusa @ Nov 6 2007, 05:53 PM)
But they said got RM3billion project in kl & melaka so the gov won't simply take action to their company, coz they said the RM3billion can help country and stop the gov taking action to them.
*
READ this first smile.gif
QUOTE
Would You Believe? WHAT WATER THEME PARK PROJECTS ?


Blacklisted S'pore MLM company unveils lavish M'sian developments. But M'sian authorities say...



Project: Sunshine Villa, Malacca. Status: Unknown.
The audience was told: 'To believe or not to believe is up to you.'

Sunshine Empire, a multi-level marketing (MLM) firm, is now on the radar of the Monetary Authority of Singapore (MAS). Though MLM companies are legal here, MAS has included the firm on its list of unauthorised companies that investors should avoid.

The Securities Commission in Malaysia has also listed Sunshine Empire on its investor-alert list. It advised the public not to make any investment with companies that are not licensed or approved by it.
The commission's website noted: 'Offers often come in the guise of seemingly attractive investment opportunities or schemes and may also be camouflaged as direct-selling or business opportunities.'

In Singapore, a visit to Sunshine Empire's office in Toa Payoh Hub saw several people there holding stacks of cash, presumably to pay for their investment.

One man had a thick stack of Indonesian rupiah.


"It is a positive things that the ST (Straits Times) did not call Sunshine Empire a scam, or say it is illegal - it merely said that the public should 'take care'. - Sunshine Empire Asia Pacific president Jackie Hoo in a memo to merchants and staff posted on Wednesday on the company website.
Earlier, they had been given a brief overview of 'the Empire', as it is called, detailing its ventures in a range of businesses from telecommunications to health to property.

A representative showed various slides of the company's regional projects, including two impressive marine theme park developments in Malacca and Sabah.

Graphics of the park in Malacca showed an intricate network of floating villas and structures on the water which formed the shape of a lion's head. The park also has an adjoining condominium project.

Artists' impressions of the park in Sabah, called The Magic Kingdom, showed a lavish underwater hotel.

An aerial view showed a network of structures in the water which took the shape of an lobster. These structures are purportedly underwater hotel rooms.

'You can open the curtains to your room and see your friends swimming outside,' the representative said.

However, the Malaysian authorities appeared to be unaware of the projects.

When contacted by The New Paper on Sunday, the press secretary to the Minister of Tourism, Culture and Environment Sabah, MrFrancis Au Chee Thong, said he had not heard about the Empire's plan to build a water theme park in Sabah.

Mr Au said: 'To our Ministry's knowledge, we have no information relating to a water theme park project.

'And, at this point, there is no such project that is under construction or in progress in Sabah at the moment.'

As for the project in Malacca, Datuk Zaini Md Nor, the mayor of Malacca City Council, told The New Paper on Sunday that the council had indeed received an application in August for approval of a piece of 0.87-ha land (slightly larger than a football field).

The land, located at Pekan Klebang, is listed under developer Empire Property Venture, an affiliate of Sunshine Empire. It is supposed to be for a commercial building.

However, the mayor said the application is still being processed.

On the water theme park, Datuk Zaini said: 'No application has been made to the city Council for the building of a water theme park till today.'

Nevertheless, the Empire's projects were not the only thing that impressed visitors.

Its sprawling office on the seventh floor of Toa Payoh Hub exudes opulence. Crystal chandeliers cascade from the ceiling and the marble walls are trimmed in gold.

The company's logo - a lion's head - is imprinted everywhere, from the carpet to a painting spanning an entire wall of the lobby.

At the reception was a stream of people queuing up to hand money to the receptionists. At least two people in the queue held wads of $50 notes.

The New Paper on Sunday had earlier phoned the number listed on the Sunshine Empire website and the woman who answered said it was not an investment company.

She also asked for the name of our 'introducer' and recommended we attend the 8pm presentation.
http://newpaper.asia1.com.sg/news/story/0,...,146134,00.html

rstusa
post Nov 6 2007, 07:24 PM

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QUOTE(fiqir @ Nov 6 2007, 08:12 PM)
what u meant nothing wrong with SE ?    smile.gif .. when they run with the money.. it too late already  smile.gif
READ this first  smile.gif
*
The sunshine villa malacca still being process right? How if the application successful process? If really happen on that time, what will you feel? And what you will say?
iamyuanwu
post Nov 6 2007, 08:37 PM

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If the company is building a condo, just say so lah.
Why mislead/lie/cheat/con/scam the public about water theme park and Magic[-ly disappearing] Kingdom, eh?

Should the condo be built on time... then good for the 'investors'. I guess I'll have to eat my word and my opinion about the company have to change then. blush.gif

However, I deeply suspect the condo is just a show to convince prospective 'scammees'. I think when it eventually pang sai, it'll just leave the half-built condo and cabut. yawn.gif

Another possibility is that the condo is actually built by another developer. SE just bribe them a bit to allow SE to bring visitors to the construction site and brag. brows.gif

In any case, it LIED about the theme park and magic kingdom. mad.gif
DO NOT overlook this point! For me, it's enough to doubt the company and its activities. hmm.gif

Governments can't do anything with SE because they cannot just close SE based on what SE might do. Until it runs away with the money, it is still not a scam.... yet. blink.gif
Until then, gahmens can only suspect the company and caution the public. Having the monetary authorities of 3 countries (Singapore, Malaysia and China) suspecting SE speaks volume.
If you are running an honest business, why would anyone wants to ban you?
cherroy
post Nov 6 2007, 09:57 PM

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QUOTE(rstusa @ Nov 6 2007, 05:53 PM)
But they said got RM3billion project in kl & melaka so the gov won't simply take action to their company, coz they said the RM3billion can help country and stop the gov taking action to them.
*
QUOTE
As for the project in Malacca, Datuk Zaini Md Nor, the mayor of Malacca City Council, told The New Paper on Sunday that the council had indeed received an application in August for approval of a piece of 0.87-ha land (slightly larger than a football field).


Rm3 billion *even divided into half as it mentioned KL & Melaka for project as large as a football field or a condo? shocking.gif rclxub.gif

If there is really a Rm3 billion project then shouldn't be hard to find out or coverage in media and newspaper? A Rm3 billions project is huge.
rstusa
post Nov 6 2007, 10:08 PM

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QUOTE(cherroy @ Nov 6 2007, 10:57 PM)
Rm3 billion *even divided into half as it mentioned KL & Melaka for project as large as a football field or a condo?  shocking.gif  rclxub.gif

If there is really a Rm3 billion project then shouldn't be hard to find out or coverage in media and newspaper? A Rm3 billions project is huge.
*
Yes ho? Why not publish to newspaper?

This post has been edited by rstusa: Nov 6 2007, 10:09 PM
fiqir
post Nov 6 2007, 11:49 PM

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QUOTE(rstusa @ Nov 6 2007, 07:24 PM)
The sunshine villa malacca still being process right? How if the application successful process? If really happen on that time, what will you feel? And what you will say?
*
Project: Sunshine Villa, Malacca. Status: Unknown. whistling.gif


Nevertheless, the Empire's projects were not the only thing that impressed visitors.


anyway, only fools challenge the authorities of the country. Nevermind, james phang is better than Warren Buffett smile.gif

This post has been edited by fiqir: Nov 6 2007, 11:51 PM
cuebiz
post Nov 7 2007, 09:07 AM

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MLM man linked to abandoned Indonesian club project
1,000 people lost $2m in the project that was called off just before it opened[/b]
Straits Times, The (Singapore)
Prime News
November 7, 2007
Author: Lorna Tan, Finance Correspondent

MR JAMES Phang, the man behind controversial multi-level marketing (MLM) firm Sunshine Empire, is linked to a failed investment scheme that resulted in 1,000 Singaporeans losing about $2 million in total.

About six years ago, these investors had paid up to $3,800 each to become members of an Indonesian country club, PT Magic Kingdom Island Resort Paradise.

Mr Phang's firm NOP (Number One Product) was the marketing agent for the club, which was never built.

The resort was to have been developed on a 200-ha piece of land in Rempang, which is linked to Batam by bridge, and promised a hotel, chalets, a golf course and even a 1,000-sq-m shopping mall.

Some investors had paid the club membership fees via monthly instalments of $300.

The resort was set to open in July 2003, but the project was called off in May 2003.

It is believed that the investors never received any refund on their investments.

Mr Phang is adviser to Sunshine and founder of Empire Group Alliance, of which Sunshine is an associate.

Recently, Sunshine made headlines after it was placed on an investor alert list by authorities, both here and in Malaysia, as a result of concerns over its business practices.

In response to queries from The Straits Times, Mr Phang confirmed that NOP was marketing memberships of Magic Kingdom around 2001. He said NOP is now inactive.

Mr Phang said he knows many investors believe he is the 'dishonest businessman' behind the project. But he begged to differ.

'I'm a victim of the failed project too. I was the one who reported to the police when the project was abandoned...I collected over $1 million from investors but I lost more than $6 million. I was in debt because of this project but I've paid up almost all of the debt.'

He said the debt included paying off NOP's tax and banks' credit facilities.

Mr Phang said that his younger brother was the chief executive of the project, but declined to elaborate.

He said he never hid the information that he owns NOP. 'I'm not in the wrong and I'm not scared. I stand upright.'

In a letter in 2004 to the 1,000 investors, PT Magic Kingdom blamed the Sept 11, 2001 terror attacks on the United States, the Bali bombings in 2002, the Iraq war and Sars for the project's failure.

Only $16,931 was left in its coffers, it stated.

When contacted, the Consumers Association of Singapore (Case) said it had received seven complaints on the failed project. In January 2004, Case met NOP representatives, who said they could not refund investors as it had suffered big losses in the project.

Investors were advised by Case to file their claims in Indonesia, where Magic Kingdom was incorporated. Some investors also filed complaints with the Commercial Affairs Department (CAD). The police were unable to respond to queries on its probe into PT Magic Kingdom by press time.

On Oct 24, The Straits Times cited sources as saying that Sunshine was being investigated by the CAD.

Sunshine has attracted the attention of the authorities as its activities appear to be like a pure investment scheme - but it is not licensed for such operations.

Incidentally, Mr Phang has recently claimed that Empire Group Alliance's property arm is involved in building a marine theme park, called The Magic Kingdom, in Malaysia.

robertngo
post Nov 7 2007, 09:37 AM

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QUOTE(cuebiz @ Nov 7 2007, 09:07 AM)


In a letter in 2004 to the 1,000 investors, PT Magic Kingdom blamed the Sept 11, 2001 terror attacks on the United States, the Bali bombings in 2002, the Iraq war and Sars for the project's failure.


*
which year is the project started? hmm.gif all these event happen before June 2003. hmm.gif

fiqir
post Nov 7 2007, 10:03 AM

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QUOTE(robertngo @ Nov 7 2007, 09:37 AM)
which year is the project started? hmm.gif all these event happen before June 2003.  hmm.gif
*
that why i had said before that senior MLMers should know who is james phang, ask google if want more info about this Ah-Beng biggrin.gif

This James Phang had scam millions of dollars using Magic Kingdom on 2002. smile.gif

anyway, only stupid will join this most scam & failure founder in MLM history tongue.gif




james phang had renamed their company,
why this scammer change his company name ? of course it sound very fishy right smile.gif

QUOTE
SUNSHINE EMPIRE PTE. LTD.
f.k.a NIUTREND INTERNATIONAL PTE. LTD. <-- failure MLM that had scam most singaporean . 2003   (Note: NOT date of name change)

EMPIRE GROUP ALLIANCE PTE. LTD.
f.k.a HEALTH & BEAUTY CREATION INTERNATIONAL PTE. LTD. 2003 (Note: NOT date of name change)


how trust-worthy is James Phang? whistling.gif




To cuebiz - thank for upload that news biggrin.gif

This post has been edited by fiqir: Nov 7 2007, 10:08 AM
rstusa
post Nov 7 2007, 10:04 AM

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QUOTE(fiqir @ Nov 7 2007, 12:49 AM)
Project: Sunshine Villa, Malacca. Status: Unknown.  whistling.gif
Nevertheless, the Empire's projects were not the only thing that impressed visitors.
anyway, only fools challenge the authorities of the country. Nevermind, james phang is better than Warren Buffett  smile.gif
*
I'm the fair listener here. If Mr. James Phang success one day, then i still want you to discuss & reply in this forum and don't hide yourself away from this forum, ok?
fiqir
post Nov 7 2007, 10:17 AM

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QUOTE(rstusa @ Nov 7 2007, 10:04 AM)
I'm the . If Mr. James Phang success one day, then i still want you to discuss & reply in this forum and don't hide yourself away from this forum, ok?
*
hello desperate SE agents,


don't worry, time has already told us many things about SE, it will continue to tell more. tongue.gif


you just be fair listener here ?, i want u to discuss here with us.. not to hide yourself from this forum tongue.gif

This post has been edited by fiqir: Nov 7 2007, 10:25 AM
rstusa
post Nov 7 2007, 10:37 AM

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QUOTE(fiqir @ Nov 7 2007, 11:17 AM)
hello desperate SE agents,
don't worry, time has already told us many things about SE, it will continue to tell more.  tongue.gif
you just be fair listener here ?, i want u to discuss here with us.. not to hide yourself from this forum    tongue.gif
*
Yeah, I'm a fair listener, i just accept for the proven & things already happened. So nowadays i still can't see Mr. James Phang had fallen, so i just believe in the things already happened, don't mistaken that i'm not the SE member, i just want to grab more opinion from the member here and research what they all thinking.

I think you have six sense right? You know James Phang will fall one day, but nowadays we still can't get any proven documents that this company is illegal and the gov still doing investigation. May i ask you what will happen to bill gates after 24 hours? Maybe microsoft market will fall and replaced by linux or apple, do you know that? I think you should know right? Coz you got six sense.

This post has been edited by rstusa: Nov 7 2007, 10:37 AM
alanyuppie
post Nov 7 2007, 10:42 AM

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QUOTE(rstusa @ Nov 7 2007, 11:04 AM)
I'm the fair listener here. If Mr. James Phang success one day, then i still want you to discuss & reply in this forum and don't hide yourself away from this forum, ok?
*
DEFINE success please. if your success only SOLELY means financial ones, then I suggest you go seek REAL HELP. let's just say he made it one day becoming your "version" of successful, after scamming billions of $$$ from millions of people. you want to return here and proudly announce your "victory" , and proceed to discuss his "methods" of being successful and ways to emulate him?
cherroy
post Nov 7 2007, 10:43 AM

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QUOTE(rstusa @ Nov 7 2007, 10:37 AM)
Yeah, I'm a fair listener, i just accept for the proven & things already happened. So nowadays i still can't see Mr. James Phang had fallen, so i just believe in the things already happened, don't mistaken that i'm not the SE member, i just want to grab more opinion from the member here and research what they all thinking.

I think you have six sense right? You know James Phang will fall one day, but nowadays we still can't get any proven documents that this company is illegal and the gov still doing investigation. May i ask you what will happen to bill gates after 24 hours? Maybe microsoft market will fall and replaced by linux or apple, do you know that? I think you should know right? Coz you got six sense.
*
Whatever happened, it is the public's hard-earned money that under risk not the founder. The founder won't lose.
alanyuppie
post Nov 7 2007, 10:46 AM

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QUOTE(rstusa @ Nov 7 2007, 11:37 AM)
May i ask you what will happen to bill gates after 24 hours? Maybe microsoft market will fall and replaced by linux or apple, do you know that? I think you should know right? Coz you got six sense.
*
haha... trying to equate microsoft with SE ? at least bill gates use his intelligence to start up his company, not some tricky schemes. I heard of many MLM's coming out of nowhere with big ambitions, taking out great names in the business world (microsoft, warren buffet) and attempts to emulate them, and some goes as far as challenging them. All I say it's just cock-talk. What they lack in real business sense, they replace with over-the-top outrageous speeches in seminars.

af of course, there are tend to be suckers from the audience who thinks they are hitting it rich soon, tagging under the leadership of their "charismatic" founder.

This post has been edited by alanyuppie: Nov 7 2007, 10:47 AM
rstusa
post Nov 7 2007, 10:52 AM

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QUOTE(cherroy @ Nov 7 2007, 11:43 AM)
Whatever happened, it is the public's hard-earned money that under risk not the founder. The founder won't lose.
*
Yeah, you're right! If James Phang really a scammer, then the public will suffer of loss. But if he really a scammer, run away all the money, i think his life will be very dangerous. Why i said that because after my analyzation, i found that many of the public invested included many rich people such as gangster and so on. If he lie gangster money, even thought he run anyway, the gangster will chase him all around the world until saw his death body, unless James Phang got a big forces outside malaysia, then the gangster also scare to touch him. Correct me if i'm wrong.
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post Nov 7 2007, 10:54 AM

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QUOTE(rstusa @ Nov 7 2007, 10:37 AM)
Yeah, I'm a fair listener, i just accept for the proven & things already happened. So nowadays i still can't see Mr. James Phang had fallen, so i just believe in the things already happened, don't mistaken that i'm not the SE member, i just want to grab more opinion from the member here and research what they all thinking.

I think you have six sense right? You know James Phang will fall one day, but nowadays we still can't get any proven documents that this company is illegal and the gov still doing investigation. May i ask you what will happen to bill gates after 24 hours? Maybe microsoft market will fall and replaced by linux or apple, do you know that? I think you should know right? Coz you got six sense.
*
i think u compare with the wrong company already, MS won't corrupt in a day (base on what they are and who why are) .....

Base on James Phang past record, he just similar with Malaysia Tycoon (Tan Sri Vencent Tan, berjaya group), a person who use public money to create his own career ....But james phang still far behind berjaya group for now (hopefully he won't succes) and due to today information technology (knowledge is easy to gain, basically u can find any source in internet), james phang facing much harder time compare with VT ......


Don't compare JP and Warren, cause they both using totally different strategy to archive what they want.
Warren Buffer : Use his own knowledge, understanding on share market to succes.
Jp : using the weakness of humanity to cheat/con public money. (that why so many ppl disagree on his move and object it (including me)).





rstusa
post Nov 7 2007, 11:00 AM

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QUOTE(SonnyCooL @ Nov 7 2007, 11:54 AM)
i think u compare with the wrong company already, MS won't corrupt in a day (base on what they are and who why are) .....

Base on James Phang past record, he just similar with Malaysia Tycoon (Tan Sri Vencent Tan, berjaya group), a person who use public money to create his own career ....But james phang still far behind berjaya group for now (hopefully he won't succes) and due to today information technology (knowledge is easy to gain, basically u can find any source in internet), james phang facing much harder time compare with VT  ......
Don't compare JP and Warren, cause they both using totally different strategy to archive what they want.
Warren Buffer : Use his own knowledge, understanding on share market to succes.
Jp : using the weakness of humanity to cheat/con public money. (that why so many ppl disagree on his move and object it (including me)).
*
Yeah, I agree with that too! Now i remember the vincent tan using same strategy. Anyway, we still can't guarantee james phang 100% will lose or win, just let the future decide.
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post Nov 7 2007, 11:04 AM

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rstusa,

if you are so confident of this company why don't you invest in it? the returns are pretty good and prospect looks bright (as claim by them). all this gangster reasoning are quite shallow if you ask me. no one here claim to have 6 sense, but based on pass record, this company is indded shady.


to the rest,

just rest your case. no point aguing. SE might succeed but it might also. i won;t be cheeringfor them if they do nither would i whine for it.

p/s one thing i don;t quite get it is, they always comes up with cheezzy names..Sunshile la, kingdom lar..haiiii give up

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