Agonising to see my colleagues get conned
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There is a high level MLMer in my workplace. Drives a BMW.
Because of that he gets every bunch of new guys to join easily. Thus enabling him to purchase bigger cars.
What hurts is me seeing some of my colleagues getting brainwashed and adding to his car payment.
Today he even suan the guys for waiting for the year end bonus every time. That hit pretty deep for the rest of the guys. He was sking them to join him and they will get a car in a years' time. He even commented "how many cars must i change before you guys join me?"
I have nothing against MLM, in fact i personally think that the system is good but ruined by singaporeans. I've seen some of my colleagues follow blindly and try to convince ME that the product is good.
Those around me who used to follow him have been pretty much pulled away by me. Today I had no answer for that bonus comment, because the rest of the guys ARE waiting for the year end bonus.
For those who are wondering, I'm not affected by his comments because like him, I do have something outside on my own. Just that MLM has become such a con job now, i don't like the fact that the rest who join are helping him more than themselves. -
he wat position in your work place?Originally posted by kopiosatu:There is a high level MLMer in my workplace. Drives a BMW.
Because of that he gets every bunch of new guys to join easily. Thus enabling him to purchase bigger cars.
What hurts is me seeing some of my colleagues getting brainwashed and adding to his car payment.
Today he even suan the guys for waiting for the year end bonus every time. That hit pretty deep for the rest of the guys. He was sking them to join him and they will get a car in a years' time. He even commented "how many cars must i change before you guys join me?"
I have nothing against MLM, in fact i personally think that the system is good but ruined by singaporeans. I've seen some of my colleagues follow blindly and try to convince ME that the product is good.
Those around me who used to follow him have been pretty much pulled away by me. Today I had no answer for that bonus comment, because the rest of the guys ARE waiting for the year end bonus.
For those who are wondering, I'm not affected by his comments because like him, I do have something outside on my own. Just that MLM has become such a con job now, i don't like the fact that the rest who join are helping him more than themselves.
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It is ok.... there are bound to be cheaters and pple to be cheated in this world....u will get used to it
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just ask them to do something for themselves before handing over the cash..
go to a computer and then google "MLM scam"
they will find almost an infinite number of hits..
then the first two, are organisations talking about how to spot a MLM scam..
and from what i see, singapore's are ALL scams..
the advent of the Internet has screwed MLMs as a legitimate business.. they are unable to do what they used to do honestly and are all scams now.. look at the 2nd link in the search and it'll explain..
and if they don't want to, they will get scammed.. they'll be wiser for it and remember your advice... -
jz give him the finger...Originally posted by kopiosatu:There is a high level MLMer in my workplace. Drives a BMW.
Because of that he gets every bunch of new guys to join easily. Thus enabling him to purchase bigger cars.
What hurts is me seeing some of my colleagues getting brainwashed and adding to his car payment.
Today he even suan the guys for waiting for the year end bonus every time. That hit pretty deep for the rest of the guys. He was sking them to join him and they will get a car in a years' time. He even commented "how many cars must i change before you guys join me?"
I have nothing against MLM, in fact i personally think that the system is good but ruined by singaporeans. I've seen some of my colleagues follow blindly and try to convince ME that the product is good.
Those around me who used to follow him have been pretty much pulled away by me. Today I had no answer for that bonus comment, because the rest of the guys ARE waiting for the year end bonus.
For those who are wondering, I'm not affected by his comments because like him, I do have something outside on my own. Just that MLM has become such a con job now, i don't like the fact that the rest who join are helping him more than themselves.
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why they should get hit by such comments?
is it better to get year end bonus, or to contribute to someone's BMW?
they didnt realise what he did was merely to egg them to donate to him right? -
greed and pride gets to a lot of people..
it overwhelms their good sense..
i think you've seen it happenOriginally posted by laurence82:why they should get hit by such comments?
is it better to get year end bonus, or to contribute to someone's BMW?
they didnt realise what he did was merely to egg them to donate to him right? -
eh... normal working grunt?Originally posted by boy in blues:he wat position in your work place?
he can't leave because of the contract.
same situation as me -
try asking him.. "oh.. you sold your conscience and your friends for a BMW.. good one.. how you sleep at night?"
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because being singaporeans, they want money, they want a car.Originally posted by laurence82:why they should get hit by such comments?
is it better to get year end bonus, or to contribute to someone's BMW?
they didnt realise what he did was merely to egg them to donate to him right?
no money, no car, no success.
even though i don't get affected. put yourself in their shoes with their mentality.
they will think its a fast way to earn money, especially when you have a living example right in front of you.
some said behind his back after that comment "yah, join him and pay for his next car". but those who really have some sort of financial difficulty would get hit the worst. -
but if its such a big scam. what's keeping them open and running?Originally posted by the Bear:just ask them to do something for themselves before handing over the cash..
go to a computer and then google "MLM scam"
they will find almost an infinite number of hits..
then the first two, are organisations talking about how to spot a MLM scam..
and from what i see, singapore's are ALL scams..
the advent of the Internet has screwed MLMs as a legitimate business.. they are unable to do what they used to do honestly and are all scams now.. look at the 2nd link in the search and it'll explain..
and if they don't want to, they will get scammed.. they'll be wiser for it and remember your advice... -
There was one major bust on a pyramid scheme, s888.com, back in late 90s. Cause a major debate. Direct selling companies took the chance to petition to allow them to run MLM schemes.Originally posted by kopiosatu:but if its such a big scam. what's keeping them open and running?
You know how it works in sg. Business get more say, consumer rights get pushed to the back.
Even with the Exclusion Clause, there is a very thin line between MLM schemes and pyramid schemes, which make all such schemes virtually non prosecutable under the law.
Thats the long and short of it. -
if i am in financial difficulty, the worse thing to do is to pull myself into greater financial difficultyOriginally posted by kopiosatu:because being singaporeans, they want money, they want a car.
no money, no car, no success.
even though i don't get affected. put yourself in their shoes with their mentality.
they will think its a fast way to earn money, especially when you have a living example right in front of you.
some said behind his back after that comment "yah, join him and pay for his next car". but those who really have some sort of financial difficulty would get hit the worst.
To be truthful, my experience says to let it be. Its understandable that you might to do something about it or be agonised, in the long term, and it always happen, they will wake up their idea.
For me, i guess the best solution is to let it be.
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i get difficulty trying to explain to them its a scam.Originally posted by laurence82:There was one major bust on a pyramid scheme, s888.com, back in late 90s. Cause a major debate. Direct selling companies took the chance to petition to allow them to run MLM schemes.
You know how it works in sg. Business get more say, consumer rights get pushed to the back.
Even with the Exclusion Clause, there is a very thin line between MLM schemes and pyramid schemes, which make all such schemes virtually non prosecutable under the law.
Thats the long and short of it.
yet they are fed information like the stuff is certified by NUS, and ISO and Direct Selling Association.
that would make it a legal scam eh? -
ISO and all those certifications are rubbish.. they just need you to document your stuff..Originally posted by kopiosatu:i get difficulty trying to explain to them its a scam.
yet they are fed information like the stuff is certified by NUS, and ISO and Direct Selling Association.
that would make it a legal scam eh? -
A ponzi-like scheme, each new person pay for the one on the upper level. If you pay $100 to join and get two others to join. You get $100 and the other $100 will just go into the company funds to keep it going. A business like this can go on for a long time if there's always new people coming in.Originally posted by kopiosatu:but if its such a big scam. what's keeping them open and running? -
yeah so how am i to tell them its a scam.Originally posted by the Bear:ISO and all those certifications are rubbish.. they just need you to document your stuff..
because people normally associate scam with crime.
because of all these documentations issued by the government, i find it hard to pull some of them away and to wake up their idea.
the few that came out told me "i can't sell it to my relatives, its wrong" -
i guess you have to let it be...
it sucks, i know.. however, they have to learn somehow..
hopefully, they don't lose too much cash -
DSAS dont have any authority on its ownOriginally posted by kopiosatu:i get difficulty trying to explain to them its a scam.
yet they are fed information like the stuff is certified by NUS, and ISO and Direct Selling Association.
that would make it a legal scam eh?
a membership with DSAS does not guarantee a company's scheme is legal, but that it has conform to certain regulations on ethical selling...but then again, i look at the members list and some of them are a bit questionable..
ISO we all know....
NUS...i am not sure -
so, what...? these companies are just waiting to fail from saturation?Originally posted by mayday80:A ponzi-like scheme, each new person pay for the one on the upper level. If you pay $100 to join and get two others to join. You get $100 and the other $100 will just go into the company funds to keep it going. A business like this can go on for a long time if there's always new people coming in.
what's scary is that they are planning to open overseas. which extends their due date for shutting down. -
I mean they are going to hang around for a long time to come. One company can close but ten others will sprout out. I don't agree with the principles so I don't participate in it. Let your friends get conned ba... they believe because they are blinded by money anyway. Some people only believe in money in life, these people can enjoy their mlm without guilt.Originally posted by kopiosatu:so, what...? these companies are just waiting to fail from saturation?
what's scary is that they are planning to open overseas. which extends their due date for shutting down. -
in the mlm scam google search, one report said that for a MLM company to be legal, "At least 70% of all goods sold by the MLM company must be purchased by nondistributors. This standard would place most MLM companies outside the law. The largest MLM acknowledges that only 18% of its sales are made to nondistributors."Originally posted by laurence82:DSAS dont have any authority on its own
a membership with DSAS does not guarantee a company's scheme is legal, but that it has conform to certain regulations on ethical selling...but then again, i look at the members list and some of them are a bit questionable..
ISO we all know....
NUS...i am not sure
don't think we have that law here.
DSAS website doesn't say who's governing the whole thing, its like a club made to "protect" these businesses in a way, to fake some credibility. -
not neccessary, coz products can be cheap and useless...thats how disguised pyramid scheme work, everyone buy the product but in reality most money get thrown upwards like pyramid scheme, so 70% customer base also not a good gaugeOriginally posted by kopiosatu:in the mlm scam google search, one report said that for a MLM company to be legal, "At least 70% of all goods sold by the MLM company must be purchased by nondistributors. This standard would place most MLM companies outside the law. The largest MLM acknowledges that only 18% of its sales are made to nondistributors."
don't think we have that law here.
DSAS website doesn't say who's governing the whole thing, its like a club made to "protect" these businesses in a way, to fake some credibility.
true abt DSAS, its maciam like a club -
MLM almost always sell food products or beauty products, all of which should be real cheap to manufacture.
HYIP almost always guarantee unrealistic growth of initial investments.
Then you got the timeshares.
Everyone knows these are some sort of a scam. Not that you can't make money out of it. Just that somebody will lose at the very end. -
u can just do your part by telling them not to do it. if u did that already, and they still fell for it, serves them right.