Well stevens corner has 31years business experience in F&B and they are well known too. I'd subscribe to their program after review few options in the market so call investment plans...In Steven's all i need to do is Eat n Get Paid...handsomely...

come on you guyz .

investment have loss and profit . dont stop people from joining but just advise them .

you never know whether it grown fast and profitable , just like you play in share investment . ain't you`ll realise how old town grown or mcD or other biz .

started with few investor where rich so they dont need much people to join them only few will do the job , and then expand thier biz when there a profit . do you ever think they have such much cash in hand to affort a loss at first branch . answer maybe yes maybe no , when there cash in hand they will just continue in opening a new branch . 

for this cafe wht they wanna do maybe is not to scam people . just they dont have it plan carefully . they miss step a wrong step in doing so or maybe no , just like amway , do you ever think seen their first 1 year was so smooth ? everyone believe in them , untill now still people dont believe in direct selling .
no offense or what just an advise to people to think whether they afford to risk it or not , high risk come with high return .just like share investment rite timing rite company rite investment come with good return .

I like the bolded part...
It shows clearly that IRC plan is a pyramid plan..
Did you ever heard investor of Public Mutual Unit Trust or other major investment company finding other investor to invest?

heard another branch will open soon sumwhere in sunway mentari area...if not mistaken it is facing the flat side...

from my personal preference...the food is there is nice n more reasonable compared to other similar cafe..the portion is just nice...and mind me, im not a member...ya i agree it's too full tat makes the service a bit bad...but i guess they're improving from wat i see...went to pandan indah's branch a few times...give them a chance...since they're still quite new...if u dun join the scheme then dun join la...i oso dun join...eat n pay cash lor...y wan to complain so much bout their scheme...just having my personal thought on this...dun bomb me...=)

like i said, my personal preference only, the food there suit my taste...but if u've tried n doesnt suit ur taste...just say so n maybe a simple explaination of y...y not good to eat?..too salty?..no taste at all?...not just plain critic which bring wrong info to others who've never been there...n at least if their boss happen to come in n read, hopefully they'll improve from there lor...sori if i use the wrong word "complaint"...shud be critic/feedback...=)

anyway, for me, i've tried their prawn mee, rojak, chicken boxing, n sum other snacks which i cant remember the name...oh ya..another one is lobak..this one i think the colour is a bit weird...too reddish?..drinks...the coffee are nice...the ice blended juice...sum r nice sum r so so...the so so one meaning not "kao" enuf...but i cant remember which...i think it's lychee...so anyone near sunway is a member there?...maybe can meet u guys up n belanja me makan using ur coupon since i stay in pj only...haha...n no...im not interested to join the member n dun pm me to ask me join...just love to eat...

oh ok...maybe im in the wrong topic...but i do see some commenting on the food..very straightforward say the food there not nice...so just consider me replying to those...hehe...btw..off topic a bit again...nice transformers u have there..sumore using lego...

so i just assume that RM60 consider as discount card?
based on the bolded sentence, i assume u are one of the investor

sorry went out just now.
of course i can show to you for all my withdrawal up to date.
otherwise i wont be here to make this offer 

anyway, i dont care whatever scheme/plan/share or whatever it called,
as long as so far i can get beck my money, that's all 

my fren ask me b4 to join this scheme, but nvr thought that it will be this cafe,
now it got two branch at malacca. seem good business, but until when

want to contribute the answer, come with some "prove" but not only based on what do you think. If the answer is based on your "think", no point we discuss it.

I'm neutral in this new scheme 

I don't agree when some people claimed bad service and bad food. I never had that experienced before.

If u don't believe me, walk into any IRC outlet and you will see that it is usually full at all hours of the day. 

This kind of rating is good one.

Thanks for sharing to us especially in this discussion thread here. This is constructive one instead of keep saying negative comments. I understand the rating is not that good above but at least got some brief rating for the BMC Branch. 

hello there,
i do admire ur courteousness and being direct, to keep it short, i wont eleborate much(like u wish)
100% invested - 15% paid as commission
-5% roi

kopitiam biz- one cup/plate-200%profit (rm3/cost is about rm1.00-1.50)
kopitiam biz, rm100,000 invested- if monthly making rm5000-can close shop already...

if they r paying me 5%roi .... n profiting from f&b industry... plus like u say some ponzi element... sounds like an interesting bet... kopitiam alone can make profit(if well planned) but + ponzi ... i tink i love the risk... if i loss, im happy cos im trilled by how they play "the game"
if win(capital recovered) ...the merrier !!

i love n admire the person who quote this...

"Crossing a road have a risk.
Low risk or high risk depends on how you cross the road.
If you don't cross it, where is the risk?

All investments that investor invest in will have risk.
In one investment vehicle, most investor make it high risk, while some are able to make it low risk.

The rich are generous and we believe in the law of reciprocity.

Once the business is on track and have a steady stream of income.
Sharing the business would make the franchisee richer as well as the franchiser. "
jasonhanjk i do like u a lot too, i tink u r a very smart person....

Just notice of this from some e-mail. This is a "scam" or a "legit"? bussiness plan is interesting.

Invest RM6000, get RM300 monthly back. The period to get back capital is 20 months, or 1 year & 8 months.

On top of that, they gave you food vouchers of RM100 monthly.

To me, the food vouchers is not a return, since it is the money you already spend on the deposit. It is used & lock you in for consumables items provided by the cafe. Its a good business plan, to lock a customer to spend RM 2400 to the cafe for 2 years.

Woah.. so many losers here.
like my upline say, 2 type ppl in malaysia. 1 is smart & rich like me belif in IRC, another is stupid & poor like you all, tell ppl it no work.
opps, sorry i no mean call you stupid just think think very waste if no join IRC.

5% wow. Better than bank la. Why you all still think is tipu one?

jas call your upline la. Money so many sure pay you de.
Im in seri kembangan irc today, want to bring mummy go see banglo and meet downline.

no need work jor just go home count money saja.

Friendly advise to you all, join soon la. Dont belif other ppl say, say this bluff and that bluff. When you all be rich? Chinese say "Boat front scare ghost boat back scare pencuri", bo dai ji.

Good luck jas.

Losing all in get-rich schemes


PETALING JAYA: The lure of making a fast buck or easy money has opened up opportunities for various organisations to come up with ingenious ways to attract the public to invest.

Such schemes, known locally as “skim cepat kaya”, have made Malaysians lose millions of ringgit.

According to the police’s Federal Commercial Crime Investigation Department, there were 17,311 cases opened for investigation last year, a massive jump of 26.6% from 2007.

The department said that one bright spot in all these cases was that actual financial losses were down to RM845mil last year, compared with RM1.9bil in 2007.

Most of these schemes thrived in “grey areas” which can only be loosely regulated despite the best efforts of the authorities to clamp down on culprits.

Many of them operate under the guise of multi-level marketing operations which blur into pyramid schemes, which are illegal.

A market observer pointed out that these establishments would promise returns that even top fund managers found hard to attain in good economic times.

Many of them operate like Ponzi schemes which made no or little actual investments from money collected from the public.

Often in such schemes, the earlier investors would usually get some returns, compared with those who join later.

Surprisingly, many of those who are employed as agents with these businesses do not think such schemes are illegal.

“How can it be a scam when I can make money?” an agent attached to an established restaurant chain said.

The restaurant has half a dozen outlets in the Klang Valley and offers the public membership for a fee which entitles them to make money from eating at the outlets and through referrals.What makes it interesting is that several of these establishments found taking deposits or cash from the public have been operating for a number of years without ever being questioned by the authorities if their operations are legal.

In the past one-and-a-half years, there has been a significant rise in such operations.

Their aggressive and “successful” marketing approach has even become somewhat of a trend, and has been adopted by many other restaurants to boost sales.

If one were to google the term “scams in Malaysia”, one would find a slew of businesses which concerned citizens have exposed as a “bit dodgy”.

However, the people who run such operations appear nonchalant about the amount of media and Internet attention on their businesses.

They are able to navigate their way around existing laws and capitalise on their marketing strategies before the law catches up with them.

Starprobe decided to investigate a number of these business operations to find out their modus operandi following a number of helpful suggestions from concerned readers and members of the public, especially cases which relate to non-financial institutions.

The response from an official of the Registrar of Companies (ROC) was that it had no jurisdiction to control the activities of such companies.

“If the company is registered with an identifiable business, how they market their products or services is not within our purview,” the official said.

But with regards to companies illegally taking deposits without having an investment licence, Bank Negara has the right to investigate and prosecute them. In fact, from last year until now, 19 companies have been under investigation and raided.

While the authorities are trying their best to enforce the laws, the sheer number of these operations make it an uphill task.

The situation is compounded by having different agencies with different jurisdictions conducting investigations independently, thus not giving a clearer picture.

For example, Consumer Claims Tribunal chairman Rungit Singh said his tribunal has jurisdiction only over consumer complaints and concerns. The tribunal is under the purview of the Domestic Trade and Consumer Affairs Ministry.

“Once a person invests in a scheme, that person is not protected under the consumer laws,” Rungit Singh said.

According to him, consumer laws only cover complaints regarding goods and services and do not have jurisdiction over investors.

And on multi-level marketing, an official from the Consumers Association of Penang said such companies were perfectly legal as long as they were licensed by the Domestic Trade and Consumer Affairs Ministry.

“However, some multi-level marketing operations get into grey areas when the bulk of their sales are not derived from products or services but rather from other forms of collections,” she said over the phone.

She added that a sign of a possible scam was when most of the earnings of the company is derived from activities unrelated to the sale of goods or services.

According to a commercial crime lawyer who did not wish to be named, the law regarding legal and illegal activities was clear.

“However, access to critical information may be time-consuming and the prosecution of those who deliberately go against the law will require substantial evidence,” he said.

The lawyer said there was a need for easier and quicker access to information on registered businesses, possibly delivered via a centralised system and an oversight board with experts for the public to turn to for complaints, advice and information on confirmed scams.

“There is a need for a quicker mechanism to identify and respond to scams before more people lose their money,” he said, adding that many of the scams had invested little in their marketing strategies and did not have a business continuity plan.

The lawyer said it should be noted that there were also a number of people who were either gullible or prepared to take higher investment risks driven purely by greed, despite the best of advice.

A source who tracked such scams said it was near impossible to keep tabs efficiently on them.

“That’s the biggest problem, there are thousands of such scams involving hundreds of millions of ringgit out there that the relevant agencies are not able to track all of them. They’re only able to pursue the ones that have been brought to their attention,” she said.

She added that the answer was not more regulation but more awareness of such scams.

“Awareness is better now than before, we have more inquiries coming in on various businesses,” she said.

.... full article below: