Top SCAMS in Malaysia
I remember a lot of my friends and colleagues who have fallen into these scams during college days. I feel lucky not being cheated yet , and hopefully not ever will. A very interesting article here.
These information are meant for you to know and warn your family
members and loved ones before they become victims.
“People got victimised by scams because they don’t know about it and
they don’t know about it because those who knew about it did not share
it”
Here are some hot scams(new scams no.16 down below) in Malaysia,
briefly, (I will elaborate more if you contribute):
1) The Cafe Scams - Island Red Cafe & Stevens Corner(strange, both in
Pandan Indah) - Island Red Cafe collects members RM6,000 each and
promised 5% return every month and even give you a name in the ROC as
a shareholder but what’s the point when they run away ? Stevens
Corner, the famous indian coffee shop follows due to drop of business
since their renovation. They collect RM3,000 per member and promise
return of RM150 monthly and plans to open nice fanchisee cafe called
StevensTeaGarden. Someone mentioned they will make you sign an
agreement that give them the rights NOT to pay you anything in future.
If you really wish to join, ask for a copy of their agreement and
consult your lawyer BEFORE paying them. Bet you will NOT get a copy.
Both collect monies from new members with MLM recruitment schemes and
pay the old members like Sunshine Empire. You never know when they
will run away.
2) Sunshine Empire - This licensed and legal Company has an impressive
office at the ground level of KUB building along Jalan Yap Kwan Seng,
near Menara Public Bank and AmBank Building . They also have a
showroom office at the ground level in the next building. 2 or 3
months ago, Singapore ’s Straits Times and The Paper published big
news reminding their people to be careful and NOT to believe in them.
Hope someone can put up the link or google for it.(As expected, they
STOPPED paying back members now and all investors LOST their money).
Someone below has put a link to the Singapore news. In fact there are
more to it. Although Singapore is investigating them, they did not
stop their business as the business is legal and so far, no
Singaporean have failed to receive their commissions as promised.
Thus, the government cannot stop them yet.
The news published that the founder, director and group president is
someone named James Phang but he is NOT the owner. Isn’t this quite
strange ? At the end of the game, James Phang can just disappear from
the Company easily and claimed that he was just “employed”. Such trick
always happened in scam businesses.
Now, the Company has STOPPED paying commissions and interests to
members with the excuse that the Singapore government has freezed
their bank account while under investigation. Do you think their boss
will be so stupid to keep much monies in the bank to be freezed ? They
are all transfered away. It’s just an excuses not to pay back to
members and members are only paid “e-bonus-points” which is cashless.
If they wish to convert to cash, they have to recruit new members to
pay them cash and the recruiter less out trom the amount. So victims
act like Vampires and “forced” to victimise other victims if they wish
to get their monies back. And their victims will later transform to
vampires and the scam carries on…..
3) MOBILWALLET - This Company owned by 2 young men, Stanley & Rey Gan,
office in Queens Avenue Park has collect multi-millions the last 2
years. Claimed that they tied up with Telekoms, Utility Board payment
like Water & Electricity bills, even Maybank got fooled by them.
Advertisement Billboards everywhere. They STOPPED paying back their
members few months ago and the members cannot do anything because they
are made to sign an agreement unaware that they have to claims if the
company stopped paying them by CHANGING terms and policies.
4) Water businesses - Oxygenated and alkaline water products - Some of
these are bottled water and some are filters or equipment that claimed
the trick.. One of the better known Company that sold “oxygen” water
is SITO(supposed to stand for Selangor International Trading
Organiszation and claimed Selangor State Government owned some share
in it). The key person and founder is a Dato Robert Ong from Rawang
but his name is no longer in the business now. Their products are sold
for RM2 to RM3 for a 350ml bottle and now concentrating mostly in the
Indian market. Their Chinese and Malays market are long gone since a
year or 2 ago. Their customers are made to believe that their water
has more oxygen and able to give miraculous effects for the body.
Water is H2O, how to put more O into it ? Anyone knows how much oxygen
do we breathe into our body everyday at FOC ? Latest news is that this
SITO Company is going to create new label to market under a new
Company since the SITO name has already gone bad. Someone informed
that this Company is owing alot of money(due to refunds) to
ex-stockists but just refuse to pay them.
(Latest news, SITO shifted to another place and their MLM business has
closed but planning to start again with a different name, beware !!)
Alkaline Products - Can anyone explain how it can work for the body ?
The stomach’s gastric liquid is so acidic that water of any pH that
goes through it will not make any difference.
5) Car Fuel Booster - K-Link, the famous scam MLM Company that sold
the footpatch TAKARA, later the “cock-ring” and energy-card launched
the patrol-saving pills last year. Got so hot that even grocery shops
are selling for them. Recently many of these cars that used the pills
are rushing to the workshops to clean the residual. Few months ago,
another MLM Company launched a fuel booster gadget, claimed that saves
up to 20% fuel, that is attached to the cigarette lighter. Started off
well using binary plan but businese begin to fade now and most users
find it NOT effective.
6) Perfumery Products(eg. Lampe Berger & Bel Air)(more details later).
Lampe Berger is not so hot now in the neighbouring countries but there
are still new victims every month in Malaysia Must thanks to those who
have contributed and kept the thread alive here in Kopitiam. Bel-Air
have closed in Malaysia . LB is almost zero in Singapore . This
perfumery product from France with over 100 years history is just
bottles and fragrance(check the factory’s website) but the Company
marketing them in Asia claimed “aromatheraphy” products. Hong Kong TVB
aired a program that exposed their scam but their members claimed that
HK’s TVB already apologised to them. Note that the biggest strenght in
a MLM Scam is their members will go all way out to lie in order to
defend for their Company. The reason is simple; these members fear
that they will not be able to make their money back if the Company
collapsed. Knowing that the Lampe Berger products are moving slow,
they add a line of skincare products named Estebel, also claime to
have over 100 years history in France.(Hardly anymore Chinese
newcomers, they are now tapping the Malays in Malaysia)
7) Energy Products(eg. stone pendants, bracelets, mattress and
pillows). They use all sorts of gimmicks and demonstration to make you
into believing them. They will do some tricks and demo to prove that
these products really produce energy BUT is there any tricks in their
demo ? So what if there really produce energy; is it good or strong
enough to help the body ? The effect is actually PLACEBO which I will
elaborate in a new thread soon.(more details later)
8) Hi-Tech products(names like bio-tech, nano-tech that claimed
millions of dollars of research involved, eg Bio-Young and XKL few
years ago). Most of these will claimed a professor behind them(even
with name and picture of a person) or used words like “U.S.A.
formula”, “German Technology” or “Nanotechnology” and no further
details(more details later). If you ask for more details like the
professor or factory’s address, the answer will be “trade secrets”.
9) Investment Schemes - SWISSCASH is the King of all. Swisscash is
nearly over now but there are many similar and smaller ones that are
still on.(Now, it’s closed or stopped paying back members)
10) GoldQuest - This Company that claimed to be HK-based started with
some non-value gold-plated coins that are sold for over RM2,000 have
several names and changed products several times. QuestVacation,
QuestNet, etc. They have several offices in Amcorp Mall, PJ and their
key person(in fact, the owner), a Malaysian Indian was arrested last
year in Indonesia for having involved in a very big Phillipines scam.
Most of their overseas offices are closed or inactive but their
Malaysia business is still hot, with some “energy” products.(Can
someone please provide a link which showed the news that their boss
was involved in a big scam in Philippines and was arrested in last
year ?)
11) Numerology & Fortune telling - A Company named Visible is using
MLM to sell fortune telling classes using your birthday based on
Numerology fortune telling. Prpspects will be told that they need to
buy a certain “number” between 1 to 9 in the form of pendants or
bracelets made of stainless steel and sold from RM600 to RM20,000.
Customers, or rather victims are mostly females from rural areas. Very
hot in Penang now and a number of spin-off Companies have started.
12) MJ-Life - This Company boost of a very big background with many
many years of history which is NOT true. Their people or associates
may be long in business but nothing to do with their MLM launched
recently. Why do I consider it a scam or bad ? New members are told to
pay a sum of money(up to RM1000) and you get NOTHING for it. You only
get a membership can entitle you to enjoy all sorts of special price
and discounts when you have medical check-ups in their centres.. They
will claim all those check-ups cost more if done elsewhere. It’s not
true. Only the naive and those new to medical check-ups will fall
victims to them. Most members who paid the money ended up with
nothing.
13) Seaweed Venture Scams - 1 such Company is located in Taman Maluri,
Cheras. They will ask you to invest a few thousands ringgits for their
venture of growing seaweeds in East Malaysia and you are guaranteed
returns. To gain your confidence further, they will tell you your
investment money is secured by “insurance” or “unit trusts” &
“trustees”. When you ask for further documents to prove, they will
give all sorts of excuses or just ignore you because they know they
cannot get you. These Seaweed scam is one of the hottest now, warn all
your friends about it before they are victimised.
14) MXM(previously MGM) - This is a master scam among the younger
group, very successful 2 or 3 years ago but since there moved to their
big 10-storey office at Phileo Damansara and changed name to MXM,
their business dropped. They collect members RM3,000 to RM4,000 with
credit card monthly easy payment and in return you get a hospital
benefits insurance from Pacific Insurance worth only a few hundred RMs
together with some you-don’t-need medical check-ups from their
associate Company Pathlab. Also talk about fitness, lifestyles
bullshit that is all worthless.
15) Gano Excel - This company from the north, a copycat of DXN selling
Lingzhi capsules created a new Company called Gano iTouch to cash-in
on the internet like e-Cosway after their Company went down the drain
since the last 2 years, selling Linzhi and some no-value energy
pendants and alkaline water gadgets. They provide free transport every
weekend from KL to visit their Alor Star office.
16) NuLife(HK) - This Company started by some HK people has been in
Malaysia for more than 10 years but they have flopped in HK and
Malaysia due to bad management and a product scam making use of a
prosecuted American named Dr Jeffrey Bland, found guilty of false
products claim. Since this case in the US leaked out and many
Malaysians found out that the real boss in HK is a Steven Tang(he
cheated many Malaysians in another scheme about 20 years ago) their
business went down all the way. Now they claim Malaysian partners
cheated them and start a new Company in Malaysia Watch out, this new
Company will come out with some investment scheme idea that will get
many to lose their money.
17) Arowana Fish Breeding, Oora from Germany , Biofuel(Kompleks
Maluri) etc - These are some newer scams. Arowana fish venture ask you
to invest some money and give you fixed return. Biofuel will tell you
their Indonesia connections(just like Sunshine Empire before using
Taiwan) & Oora from Germany(I never trust those cruel Germans) that
market some bio-chips and a gadget that claims to give energy and
therapeutic effects of accupunture, tai-chi, yoga, etc depending how
you set the toy-like gadget, wear it on your body and you get the
effect later. They could not explain or provide any demonstration to
prove their effectiveness. Only doctors and papers claim that I will
never trust. The health effect is actually PLACEBO.
18) Handphone sold online. There are a lot of people fall into this scam nowadays. Just remind yourself or your friends not to buy any handphone from oversea. Most of them will ask you for deposit or full payment as they are selling them at an extremely cheap price. you will never get your phone or contact them after sending the money. Even if you are buying locally, don't buy from non-malaysian sellers, especially Africans.
Please add in more if you have and I will add them to the list
These information are meant for you to know and warn your family
members and loved ones before they become victims.
“People got victimised by scams because they don’t know about it and
they don’t know about it because those who knew about it did not share
it”
Here are some hot scams(new scams no.16 down below) in Malaysia,
briefly, (I will elaborate more if you contribute):
1) The Cafe Scams - Island Red Cafe & Stevens Corner(strange, both in
Pandan Indah) - Island Red Cafe collects members RM6,000 each and
promised 5% return every month and even give you a name in the ROC as
a shareholder but what’s the point when they run away ? Stevens
Corner, the famous indian coffee shop follows due to drop of business
since their renovation. They collect RM3,000 per member and promise
return of RM150 monthly and plans to open nice fanchisee cafe called
StevensTeaGarden. Someone mentioned they will make you sign an
agreement that give them the rights NOT to pay you anything in future.
If you really wish to join, ask for a copy of their agreement and
consult your lawyer BEFORE paying them. Bet you will NOT get a copy.
Both collect monies from new members with MLM recruitment schemes and
pay the old members like Sunshine Empire. You never know when they
will run away.
2) Sunshine Empire - This licensed and legal Company has an impressive
office at the ground level of KUB building along Jalan Yap Kwan Seng,
near Menara Public Bank and AmBank Building . They also have a
showroom office at the ground level in the next building. 2 or 3
months ago, Singapore ’s Straits Times and The Paper published big
news reminding their people to be careful and NOT to believe in them.
Hope someone can put up the link or google for it.(As expected, they
STOPPED paying back members now and all investors LOST their money).
Someone below has put a link to the Singapore news. In fact there are
more to it. Although Singapore is investigating them, they did not
stop their business as the business is legal and so far, no
Singaporean have failed to receive their commissions as promised.
Thus, the government cannot stop them yet.
The news published that the founder, director and group president is
someone named James Phang but he is NOT the owner. Isn’t this quite
strange ? At the end of the game, James Phang can just disappear from
the Company easily and claimed that he was just “employed”. Such trick
always happened in scam businesses.
Now, the Company has STOPPED paying commissions and interests to
members with the excuse that the Singapore government has freezed
their bank account while under investigation. Do you think their boss
will be so stupid to keep much monies in the bank to be freezed ? They
are all transfered away. It’s just an excuses not to pay back to
members and members are only paid “e-bonus-points” which is cashless.
If they wish to convert to cash, they have to recruit new members to
pay them cash and the recruiter less out trom the amount. So victims
act like Vampires and “forced” to victimise other victims if they wish
to get their monies back. And their victims will later transform to
vampires and the scam carries on…..
3) MOBILWALLET - This Company owned by 2 young men, Stanley & Rey Gan,
office in Queens Avenue Park has collect multi-millions the last 2
years. Claimed that they tied up with Telekoms, Utility Board payment
like Water & Electricity bills, even Maybank got fooled by them.
Advertisement Billboards everywhere. They STOPPED paying back their
members few months ago and the members cannot do anything because they
are made to sign an agreement unaware that they have to claims if the
company stopped paying them by CHANGING terms and policies.
4) Water businesses - Oxygenated and alkaline water products - Some of
these are bottled water and some are filters or equipment that claimed
the trick.. One of the better known Company that sold “oxygen” water
is SITO(supposed to stand for Selangor International Trading
Organiszation and claimed Selangor State Government owned some share
in it). The key person and founder is a Dato Robert Ong from Rawang
but his name is no longer in the business now. Their products are sold
for RM2 to RM3 for a 350ml bottle and now concentrating mostly in the
Indian market. Their Chinese and Malays market are long gone since a
year or 2 ago. Their customers are made to believe that their water
has more oxygen and able to give miraculous effects for the body.
Water is H2O, how to put more O into it ? Anyone knows how much oxygen
do we breathe into our body everyday at FOC ? Latest news is that this
SITO Company is going to create new label to market under a new
Company since the SITO name has already gone bad. Someone informed
that this Company is owing alot of money(due to refunds) to
ex-stockists but just refuse to pay them.
(Latest news, SITO shifted to another place and their MLM business has
closed but planning to start again with a different name, beware !!)
Alkaline Products - Can anyone explain how it can work for the body ?
The stomach’s gastric liquid is so acidic that water of any pH that
goes through it will not make any difference.
5) Car Fuel Booster - K-Link, the famous scam MLM Company that sold
the footpatch TAKARA, later the “cock-ring” and energy-card launched
the patrol-saving pills last year. Got so hot that even grocery shops
are selling for them. Recently many of these cars that used the pills
are rushing to the workshops to clean the residual. Few months ago,
another MLM Company launched a fuel booster gadget, claimed that saves
up to 20% fuel, that is attached to the cigarette lighter. Started off
well using binary plan but businese begin to fade now and most users
find it NOT effective.
6) Perfumery Products(eg. Lampe Berger & Bel Air)(more details later).
Lampe Berger is not so hot now in the neighbouring countries but there
are still new victims every month in Malaysia Must thanks to those who
have contributed and kept the thread alive here in Kopitiam. Bel-Air
have closed in Malaysia . LB is almost zero in Singapore . This
perfumery product from France with over 100 years history is just
bottles and fragrance(check the factory’s website) but the Company
marketing them in Asia claimed “aromatheraphy” products. Hong Kong TVB
aired a program that exposed their scam but their members claimed that
HK’s TVB already apologised to them. Note that the biggest strenght in
a MLM Scam is their members will go all way out to lie in order to
defend for their Company. The reason is simple; these members fear
that they will not be able to make their money back if the Company
collapsed. Knowing that the Lampe Berger products are moving slow,
they add a line of skincare products named Estebel, also claime to
have over 100 years history in France.(Hardly anymore Chinese
newcomers, they are now tapping the Malays in Malaysia)
7) Energy Products(eg. stone pendants, bracelets, mattress and
pillows). They use all sorts of gimmicks and demonstration to make you
into believing them. They will do some tricks and demo to prove that
these products really produce energy BUT is there any tricks in their
demo ? So what if there really produce energy; is it good or strong
enough to help the body ? The effect is actually PLACEBO which I will
elaborate in a new thread soon.(more details later)
8) Hi-Tech products(names like bio-tech, nano-tech that claimed
millions of dollars of research involved, eg Bio-Young and XKL few
years ago). Most of these will claimed a professor behind them(even
with name and picture of a person) or used words like “U.S.A.
formula”, “German Technology” or “Nanotechnology” and no further
details(more details later). If you ask for more details like the
professor or factory’s address, the answer will be “trade secrets”.
9) Investment Schemes - SWISSCASH is the King of all. Swisscash is
nearly over now but there are many similar and smaller ones that are
still on.(Now, it’s closed or stopped paying back members)
10) GoldQuest - This Company that claimed to be HK-based started with
some non-value gold-plated coins that are sold for over RM2,000 have
several names and changed products several times. QuestVacation,
QuestNet, etc. They have several offices in Amcorp Mall, PJ and their
key person(in fact, the owner), a Malaysian Indian was arrested last
year in Indonesia for having involved in a very big Phillipines scam.
Most of their overseas offices are closed or inactive but their
Malaysia business is still hot, with some “energy” products.(Can
someone please provide a link which showed the news that their boss
was involved in a big scam in Philippines and was arrested in last
year ?)
11) Numerology & Fortune telling - A Company named Visible is using
MLM to sell fortune telling classes using your birthday based on
Numerology fortune telling. Prpspects will be told that they need to
buy a certain “number” between 1 to 9 in the form of pendants or
bracelets made of stainless steel and sold from RM600 to RM20,000.
Customers, or rather victims are mostly females from rural areas. Very
hot in Penang now and a number of spin-off Companies have started.
12) MJ-Life - This Company boost of a very big background with many
many years of history which is NOT true. Their people or associates
may be long in business but nothing to do with their MLM launched
recently. Why do I consider it a scam or bad ? New members are told to
pay a sum of money(up to RM1000) and you get NOTHING for it. You only
get a membership can entitle you to enjoy all sorts of special price
and discounts when you have medical check-ups in their centres.. They
will claim all those check-ups cost more if done elsewhere. It’s not
true. Only the naive and those new to medical check-ups will fall
victims to them. Most members who paid the money ended up with
nothing.
13) Seaweed Venture Scams - 1 such Company is located in Taman Maluri,
Cheras. They will ask you to invest a few thousands ringgits for their
venture of growing seaweeds in East Malaysia and you are guaranteed
returns. To gain your confidence further, they will tell you your
investment money is secured by “insurance” or “unit trusts” &
“trustees”. When you ask for further documents to prove, they will
give all sorts of excuses or just ignore you because they know they
cannot get you. These Seaweed scam is one of the hottest now, warn all
your friends about it before they are victimised.
14) MXM(previously MGM) - This is a master scam among the younger
group, very successful 2 or 3 years ago but since there moved to their
big 10-storey office at Phileo Damansara and changed name to MXM,
their business dropped. They collect members RM3,000 to RM4,000 with
credit card monthly easy payment and in return you get a hospital
benefits insurance from Pacific Insurance worth only a few hundred RMs
together with some you-don’t-need medical check-ups from their
associate Company Pathlab. Also talk about fitness, lifestyles
bullshit that is all worthless.
15) Gano Excel - This company from the north, a copycat of DXN selling
Lingzhi capsules created a new Company called Gano iTouch to cash-in
on the internet like e-Cosway after their Company went down the drain
since the last 2 years, selling Linzhi and some no-value energy
pendants and alkaline water gadgets. They provide free transport every
weekend from KL to visit their Alor Star office.
16) NuLife(HK) - This Company started by some HK people has been in
Malaysia for more than 10 years but they have flopped in HK and
Malaysia due to bad management and a product scam making use of a
prosecuted American named Dr Jeffrey Bland, found guilty of false
products claim. Since this case in the US leaked out and many
Malaysians found out that the real boss in HK is a Steven Tang(he
cheated many Malaysians in another scheme about 20 years ago) their
business went down all the way. Now they claim Malaysian partners
cheated them and start a new Company in Malaysia Watch out, this new
Company will come out with some investment scheme idea that will get
many to lose their money.
17) Arowana Fish Breeding, Oora from Germany , Biofuel(Kompleks
Maluri) etc - These are some newer scams. Arowana fish venture ask you
to invest some money and give you fixed return. Biofuel will tell you
their Indonesia connections(just like Sunshine Empire before using
Taiwan) & Oora from Germany(I never trust those cruel Germans) that
market some bio-chips and a gadget that claims to give energy and
therapeutic effects of accupunture, tai-chi, yoga, etc depending how
you set the toy-like gadget, wear it on your body and you get the
effect later. They could not explain or provide any demonstration to
prove their effectiveness. Only doctors and papers claim that I will
never trust. The health effect is actually PLACEBO.
18) Handphone sold online. There are a lot of people fall into this scam nowadays. Just remind yourself or your friends not to buy any handphone from oversea. Most of them will ask you for deposit or full payment as they are selling them at an extremely cheap price. you will never get your phone or contact them after sending the money. Even if you are buying locally, don't buy from non-malaysian sellers, especially Africans.
Please add in more if you have and I will add them to the list
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