NTI-PARIS
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dun wan lar... dun really want to bother wif them...later they start their chanting once they see me... -_-Originally posted by jonalim:
go get someone to verify la!
easy -
is the NTI office still near lau pa sat there? and are people like jacky woo and rajoo still there?
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I thought the company (NTI PARIS) went bust ?
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NTI is renamed Sunshine Empire.
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recently..i have a friend..who put in 11k. gold membership. no idea what exactly does the funds do. confirmed to get returns of 19k within 12 months. not bad..
i have another friend. silver membership. put in 345 confirmed get back 300.. possible to get back 3000 in maybe 15 years.!!
i am thinking can anybody enlighten me if this form of investment is safer than unit trusts? high returns = high risk.
but my friend who have the gold membership there are no known risks. 100% can get the 19k. -
wow, put in $11k, get $19k in 12 months. does he have to do anything to get the 19k or he just give money and slack one corner and wait for the money?Originally posted by y33bas:recently..i have a friend..who put in 11k. gold membership. no idea what exactly does the funds do. confirmed to get returns of 19k within 12 months. not bad..
i have another friend. silver membership. put in 345 confirmed get back 300.. possible to get back 3000 in maybe 15 years.!!
i am thinking can anybody enlighten me if this form of investment is safer than unit trusts? high returns = high risk.
but my friend who have the gold membership there are no known risks. 100% can get the 19k.
172.7272% of his original money in a year. honestly, not bad. but wat are the factors that this deal is dependant on? wat is his money used for? ask him lah!
put in $345 to get back $300? loss. cannot.
he needs 21 months to get back $345.
wat a joke. and im not even laughing.
in addition, does he need to do anything to get the $345 back or he just slack 15 years for a pathetic sum of $3000? -
Originally posted by Ristar:
actually it involves a great deal of maths
wow, put in $11k, get $19k in 12 months. does he have to do anything to get the 19k or he just give money and slack one corner and wait for the money?
172.7272% of his original money in a year. honestly, not bad. but wat are the factors that this deal is dependant on? wat is his money used for? ask him lah!
put in $345 to get back $300? loss. cannot.
he needs 21 months to get back $345.
wat a joke. and im not even laughing.
in addition, does he need to do anything to get the $345 back or he just slack [b]15 years for a pathetic sum of $3000?[/b]
even for someone who is not so good in maths, but is conscientious, should go work out in reality how much is the payout in relativity and compare it to the average capital market payout
too high and its guaranteed..rings alarm bell....too low, you are being conned
not forgetting they dont and refuse to release a lot of data, so i guess we dont know in reality how much payout is not being given out
point is, always think how a businessman think and work, if he is so generous, he wouldnt be rich himself, or in some cases, money mainly come from divestments, not the MLM company, so he is rich, but not his distributors
ever heard of the one dollar missing IQ question? -
Is pyramid scam lah...
The new ones come in to pay the old ones.... -
are you then a part of this? did you participate in the sales of this or as a "investor"?Originally posted by y33bas:recently..i have a friend..who put in 11k. gold membership. no idea what exactly does the funds do. confirmed to get returns of 19k within 12 months. not bad..
i have another friend. silver membership. put in 345 confirmed get back 300.. possible to get back 3000 in maybe 15 years.!!
i am thinking can anybody enlighten me if this form of investment is safer than unit trusts? high returns = high risk.
but my friend who have the gold membership there are no known risks. 100% can get the 19k.
are you sure this is an investment scheme?
did you ever stop to think that MAS regulations requires investments such as unit trusts and unit-linked policies to be accompanied with a client prospectus? and the fact that your gold membership friend has no idea what the funds do to earn a "guaranteed" return like that is a cause to be concerned....
furthermore, other distributors from the same company are refuting any such investment scheme available in their company, so don't you think it's quite weird???
i am glad you know high risk=high returns, so you would care to think harder than what your friend claimed that it has no risks...
good luck. -
it is an investment scheme, but you need to see where the investment liesOriginally posted by helpdesk^^:are you then a part of this? did you participate in the sales of this or as a "investor"?
are you sure this is an investment scheme?
did you ever stop to think that MAS regulations requires investments such as unit trusts and unit-linked policies to be accompanied with a client prospectus? and the fact that your gold membership friend has no idea what the funds do to earn a "guaranteed" return like that is a cause to be concerned....
furthermore, other distributors from the same company are refuting any such investment scheme available in their company, so don't you think it's quite weird???
i am glad you know high risk=high returns, so you would care to think harder than what your friend claimed that it has no risks...
good luck.
if i were to look at the original emcom wireless project in taiwan, it is investment to fund the project in taiwan
not investment which dwell on ownership, ie, shares and unit trusts, of the companies
as to whether they do know what they are really investing in, the payouts...and like what you mentioned ,the suspicious term on guarantees and all that..well.... -
According to FM 95.8 this morning. public are advise not to get invovle with Emcom. A fine maybe impose for offenders
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Huh? Its in the news?Originally posted by ddrr:According to FM 95.8 this morning. public are advise not to get invovle with Emcom. A fine maybe impose for offenders
Got any weblink we can see? -
Sorry, just heard over the phone. Never explore web yet.
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you mean radio?Originally posted by ddrr:Sorry, just heard over the phone. Never explore web yet.
so what they said? -
Ya. Sorry is the radio. Today 5.15pm tune in to FM95.8. Repeat broadcast
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fark
i only heard the last part of the broadcast
they were talking about fine and jail terms for people who participate in illegal pyramid schemes -
Finally! anyone got record? i missed it. damn.
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the report got mention the ascending number of complaints received by CASE.
inside there's a part on a speech by a auntie with many doubts on the products..
haha..
looks like those distributors have nothing more to say nor defend their company already
they must be by this boardcast already..
while we the victims are all
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Just to correct it. They did not mention the company's name.Originally posted by ddrr:According to FM 95.8 this morning. public are advise not to get invovle with Emcom. A fine maybe impose for offenders -
Maybe let me do a summary of the radio report. I hope I did the translation correctly. Pardon me if I am wrong.
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The reporter went to this company as per directed by some of the listeners. She went to the office. At the front found the company name and some of the "subsidiaries" which may hint that the company has a big operation. As she walked, she found many connected offices. After going further into the office, she arrived at a huge hall with alot of senior citizens and a few youngsters.
Then she approached one of the staff how to join as a member. The staff replied that they already have 10000 and increasing. The reporter asked if she wanted to join, how do go about doing it. The staff replied that you need to join as a Bronze Merchant. He then suggested a better way to start, which is to join as a Silver Merchant. By joining as a BM, you will then have a total of 3 Business Centres and 300 mall points which can be used to exchange for some products. The BM costs $280 and the SM costs $1000+. By getting more people to join you, you can then get a chance to promote to become one of the Company's manager.
To the reporter, she is still unsure how does the company operates, except for the fact that the company will provide you with the Business Centres to operate. Then she approached C@SE to enquire on the number of complaints that operate similarly as the company which she visited. According to C@SE, there has been 15 reports from Jan 2006 till June 2007.
2 of those who reported were interviewed by the reporter. *Will skip this part, too lengthy*
The reporter went to interview one lawyer on regards to the MLM Law. The lawyer pointed out the Amendment to the MLM Act. Obtaining a commission from recruitment is considered illegal. The maximum sentence is $200000 or 15 years jail or both.
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I hope this would be good enough for those who missed the radio report. -
Wahhh mrleech, your translation not bad leh. How come the goodu staff never suspected the reporter is out to dig for info ah? Piangz...liddat the company dun have staff loyalty lor...mwahahaha.........
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Obtaining a commission from recruitment is considered illegal?????????//
i tot all mlm is like tat? -
I agree mrleech's translation isn't bad. I listened to the radio repeat broadcast too.Originally posted by MamaRos:Wahhh mrleech, your translation not bad leh. How come the goodu staff never suspected the reporter is out to dig for info ah? Piangz...liddat the company dun have staff loyalty lor...mwahahaha.........
I belief the public and the media (the reporters or programme director) must have felt there's something is seriously wrong to produce such a broadcast to the public.
As with the staff, I don't even think they know what's going on beneath the surface also... from the explanation and presentation given to the reporter. -
You do MLM and dun have a good understanding of MLM?Originally posted by jonalim:Obtaining a commission from recruitment is considered illegal?????????//
i tot all mlm is like tat?
You should read more. I do you a favour. I give you the link. You dun need go search.
http://www.dsas.org.sg/dsas/Html/singaporelaws.htm#2
All commissions should come from sales of products and not recruitment. -
What makes you so sure the recording was of one of the staff?
Its his word againts the company,
So there's no case at all