Another Scam Project By Ex-NOP Boss, James Phang! Beware!
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To merchants:
Any one kind enough to explain how pairing works? I joined as a SM. But i think my upline messed up my chart and didn't explain this Hierarchy Placement thingy.
He gave me a ppt tutorial, but its examples are dealing with GPs. How abt SM/BM?
Can i put a GP beside a BM/SM?
Anyone experienced in SP1, SP2, SP3, GP bonus etc and how to maximise bonus? -
Classic example. LOL!Originally posted by luranius:To merchants:
Any one kind enough to explain how pairing works? I joined as a SM. But i think my upline messed up my chart and didn't explain this Hierarchy Placement thingy.
He gave me a ppt tutorial, but its examples are dealing with GPs. How abt SM/BM?
Can i put a GP beside a BM/SM?
Anyone experienced in SP1, SP2, SP3, GP bonus etc and how to maximise bonus?
Duplication at the best!
Edit: From my understanding, yes you can. Make sure the BM/SM becomes a GP. Then you get 2 legs = GP = USD$300. -
James Pang has been running these MLM & Ponzi money game for years already! Some of his gang-mates --- Albert Lee & keith, has been arrested for investigation on the Swisscash Scam.Originally posted by jonzibonzi:He say " To tell you the truth we are running like a money game, but we have no intention of running away, in fact the company aims to give all returns within 5 years, Via Emcom Project"
Sounds pretty real
Poor guys who are too carried away by the lucrative "Passive income" offered by these Ponzi, that they failed to check on the integrity of the founder right at the begining. -
Meaning Albert Lee and Keith are organisers of Swisscash?Originally posted by Investment Guru:James Pang has been running these MLM & Ponzi money game for years already! Some of his gang-mates --- Albert Lee & keith, has been arrested for investigation on the Swisscash Scam.
Poor guys who are too carried away by the lucrative "Passive income" offered by these Ponzi, that they failed to check on the integrity of the founder right at the begining.
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Originally posted by mrleech:
Latest acra search shows that the company has been renamed to EMPIRE INVESTMENT GROUP PTE LTD (formerly known as EMCOM INVESTMENT GROUP PTE LTD).
Fact 3
EGA's paid up capital is $100k. Emcom's paid up is $2m. SE's paid up is $150k. Don't you find it interesting that a company with $100k paid up should be an owner of a $2m paid up company?
I shall leave out Fact 4 as it would be another story if the discussion were to start. And I shall include a Fact 5.
Fact 5
There has been no concrete evidence of the fair and accurate records of the maximum, minimum, median, average and mode benefits that have accrued to the promoter and participants in the scheme or arrangement, duly audited by an auditor for each financial year. My only guess is that the financial year has not been closed. Are we that unlucky from October 2006 to June 2007, it has not been the year end closing?
[/b]
Paid up capital is only 500,000 and not 2m though. Was it 2m or has the share capital been reduced? -
Emcom's paidup was 2m.Originally posted by halth:Latest acra search shows that the company has been renamed to EMPIRE INVESTMENT GROUP PTE LTD (formerly known as EMCOM INVESTMENT GROUP PTE LTD).
Paid up capital is only 500,000 and not 2m though. Was it 2m or has the share capital been reduced?
Empire Investment is a new company.
200715846R is the BRN -
Correct me if I'm wrong.Originally posted by mrleech:Emcom's paidup was 2m.
Empire Investment is a new company.
200715846R is the BRN
Is there another company besides Empire Investment Group Pte Ltd? Because from the search on BRN 200715846R, it says Empire Investment Group Pte Ltd (former name being Emcom Investment Group Pte Ltd) with a paid up capital of 500k.
If there is, could you pls help to provide the BRN of Emcom (whose paid-up capital is 2m).
Or are you saying Emcom has been renamed and paid-up capital has dropped from 2m to 500k? -
Emcom's BRN is 20067472DOriginally posted by halth:Correct me if I'm wrong.
Is there another company besides Empire Investment Group Pte Ltd? Because from the search on BRN 200715846R, it says Empire Investment Group Pte Ltd (former name being Emcom Investment Group Pte Ltd) with a paid up capital of 500k.
If there is, could you pls help to provide the BRN of Emcom (whose paid-up capital is 2m).
Or are you saying Emcom has been renamed and paid-up capital has dropped from 2m to 500k?
Paid up is 2m. -
I am speaking at a point of an investor who have bought several GPs from this company.
If this whole sunshine empire thingy is a scam. I would say that this is the best ever planned scam in the world that i had heard of. Its so much better off than SCAM (Swiss cash asset management). I mean, there is really a wireless network company going on in Taiwan. I went there personally to use the network to log on to the internet and it worked. And definitely the recent news on the ground breaking ceremony in Malacca. Look at the huge effort put in by S.E to make this scam looks reliable. They even invited so many guest to the ceremony like the head of malacca, ex deputy prime minister of China and a chairperson of a commitee in U.N.
When was the last time when your friend asked you to bet on a soccer match where he says that it is a garanteed win. Or our ex PM Mr Lee encouraged so much in the Su Zhou industrial park investment, and now look what it has become. There is no such thing as a garanteed return. Projects can fail, companies no matter how huge and established it is can close down. I view S.E just like buying 4D or TOTO from Singapore pools. (probably the largest legal money game company in Singapore) I find buying GPs more like gambling rather than investing in lay mans term. At least i find the chances of winning higher than buying 4D with random numbers.
This is my personal view and does not have concrete proof.
Look at the structure of Singapore Pools. They divert all money of people who lose their bets to people who win in ToTo... Its just like people who joined in S.E later whose money will go to the people who joined in earlier. And the loophole in the money will then be later compensated slowly by the revenues of the project. I personally do recommend this plan to my friends, but i dare not garantee them their so called garanteed returns and i would say its up to their own risk.
Some people might think of me as selfish. Gaining off other people's lost. Well, try giving back Singapore Pools your winnings after you won ToTo. Because the winnings you recieved are all bets lost from Singaporean!!! Meaning to say, you are taking what they lost. Well, u may say that they are willing bettors. But people who put their money in S.E are willing parties as well.
This whole world is a money game. If you are working, your very own pay comes from profits of the company, which comes from the marking up of products. Which usually is so much higher than the original product. Developed countries are setting up so much trade barriers against developing countries, taking advantage of them. Riches of developed country comes from the lost of developing countries. This is the way the world works. Its up to you to choose which side. -
First denial..when cornered, provided justifications that is like admitting it, but have 'good reasons'
Sheesh
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They can deny anything, but they cant deny the fact they registered just to promote the mlm and vanished without a trace.Originally posted by laurence82:First denial..when cornered, provided justifications that is like admitting it, but have 'good reasons'
Sheesh 
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LOOK OVER HERE !!!! - POST #1332
http://www.carigold.com/portal/forums/showthread.php?threadid=12941&page=134 -
laurence82,
i very impressed by your action to put down other companies while silently promoting your own agenda. -
It's 200607472D. Yeah but paid up is 2m.Originally posted by mrleech:Emcom's BRN is 20067472D
Paid up is 2m.
A quick search throws up 3 companies.
Company Name: SUNSHINE EMPIRE PTE. LTD
Registration Number: 200306767C
Date Of Registration (dd/mm/yyyy): 18/07/2003
1) Former Name (Effective Date): NIUTREND INTERNATIONAL PTE. LTD. ( 18/07/2003 )
Principal Activity(ies): 1) TECHNICAL,VOCATIONAL AND COMMERCIAL EDUCATION NEC (EG NAFA) (80209)
INCLUDES PROVIDING ENTREPRENEUR AND SELF-IMPROVEMENT COURSES
For Financial Year : 2006
Sales Turnover : $939,448.00
Auditor's Comment : Audited
Paid-up: 150k
Company Name: EMPIRE INVESTMENT GROUP PTE. LTD.
Registration Number: 200715846R
Date Of Registration (dd/mm/yyyy): 28/08/2007
1) Former Name (Effective Date): EMCOM INVESTMENT GROUP PTE. LTD. ( 28/08/2007 )
Principal Activity(ies): 1) OTHER INVESTMENT HOLDING COMPANIES (65932)
No auditor
Paid-up: 500k
Company Name: EMPIRE COMMUNICATIONS TECHNOLOGY PTE. LTD.
Registration Number: 200607472D
Date Of Registration (dd/mm/yyyy): 24/05/2006
Principal Activity(ies): 1) TELECOMMUNICATIONS NEC (62090)
2) INTERNET ACCESS PROVIDERS (INCLUDING ISPS) (62021)
Paid-up: 2million
Sunshine is the one under the moneysense alert list. So I guess for those who invested you are invested under sunshine? -
Warning From Securities Commission of Malaysia
Dear Sir,
We refer to your complaint regarding Sunshine Empire. We wish to inform you that Sunshine Empire is not an entity licensed by the Securities Commission (?SC " ) of Malaysia. Individuals or organisations engaged in the securities or futures industry in Malaysia come under the regulatory oversight of the SC and must be licensed by the SC for any activities involving dealing in securities or futures or providing investment advice or fund management services related to securities or future. Investment schemes offered to the Malaysian public involving securities or futures and options that are operated by unlicensed entities would be in breach of the law. The SC will take action if any person/s are found to be in breach of securities laws. For details on entities licensed by the SC you may wish to refer to our website at www.sc.com.my.
We have also verified the status of Sunshine Empire with the Ministry of Domestic Trade and Consumer Affairs, and have been informed that no license has been issued to Sunshine Empire to carry out multi-level marketing activities in Malaysia.
We would appreciate it, if you could provide us with more details of the nature of the investment opportunity offered to you including any documentation or information you may have received from the company to facilitate further review of the matter.
We look forward to you reply soonest. Thank you.
Yours sincerely,
Securities Commission
Investor Affairs & Complaints
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News from Oriental Daily News - Translate Version
(Kuala Lumpur, on the 13th) - Securities Commission (SC) and the National Bank (BNM) while repeatedly reminded the public not to be approved investment in the absence of the high investment returns, but such investment company continues active. At present, under the "need vigilance," the number of companies it had reached 68.
According to the Securities Commission to provide oversight to the latest data suggests that there is no access to the Commission and the National Bank approval to the sale of securities or to provide investment advice and fund management companies or among several website, as many as 68, and Sunshine Empire is the latest of which was included in the name.
Several readers also provide information to this newspaper that a company called Sunshine Empire to provide substantial returns dollar investment plan. The sale of the company bought three kinds of ancillary sell fiery, dramatic increase in the number of members, are among investors mostly ethnic Chinese.
Securities Commission accept the "Oriental Daily News" inquiry, pointed out that the Sunshine Empire no operating license fund management or investment advisory services. By promoting public investment companies before identifying the background. Securities Commission spokesman said that in the absence of licenses available to the public under the securities or futures investment company, is in conflict with the Securities Act at all.
This pyramid schemes claiming to be the transnational companies in Malaysia to set up nearly one year to members of pyramid investment to the supremacy of charge from 600 million ringgit of ringgit funds, and then regular monthly cash distribution to the members and agreed to 10 months "to the" can be described as lucrative.
The National Banking and Securities Commission unanimously denied a license to the company by pyramid schemes, pyramid schemes and said that the company is monitoring the activities and mode of operation; The Domestic Trade and Consumer Affairs Ministry said, the company only to companies registered with no direct access to operating licenses MLM business.
On the other hand, as a central bank Monetary Authority of Singapore (MAS), also means the company has not received license approval. The Monetary Authority of Singapore has been on the website, to the company as investors need to be wary of companies. Malaysian National Bank spokesman clarified that the country will not permit this to the company, allowing the company to collect deposits Member (deposit taking), the trip has been an investigation on the matter, currently overseeing the company's operations and activities. "Member companies taking deposits, the country should apply for a license, but they did not do so."
He said that to investors or members of illegal taking deposits, consistent with 1989 banks and financial institutions Act 25 (1) the provision. As countries, the process is still collecting information at this stage-country trip only issued warnings, urged investors to stay away from these investment company. Under existing law, once convicted, is liable to imprisonment of up to 10 years or a fine of 10 million ringgit, or both. -
When in doubt always ask people in the finance industry. Like financial advisers, NOT those "advisers" from the MLM/Investment company itself. Ask a neutral party.
On overseas investments, always ask the locals. Ask the people living there.
SE is certainlly very dubious, and some people are too brainwashed by the personality cults of the founders or by money to apply logic into it. -
greed can drive ppl to do illogical things .....agents are too brainwashed to use logic ...remember the nigeria scam or china toto scam ? enough said , and good luck !
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Ban the spammer
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where are all these ppl now? i put in their nicks, the time and date of their post and content of their post. i was searching for the one the fella said "if they cheat ppl their office would not be in a huge govt building (HDB hub)", but couldn't find it.
saw in CNA yesterday....those fools even walk out of the sunshine office covering their faces with their bags, scared the whole country saw their face on national TV.....hahahahahahahahahahah. MALU MALU MALU.....
dot_dot
29 August 2007 · 10:33 PM
Y not u guys make a trip down to kinokuniya at orchard some day, go read up some books on network marketing, and see how some of the world's top business analysts and professionals describe networking as one of the next source of income of the economy...
jonzibonzi
14 May 2007 · 11:23 PM
and you go your friend house, u wan him to show you his income tax his title deed.. wah lau.. cannot make it so stupid
jonzibonzi
15 May 2007 · 12:16 PM
This Guy called David Tan 23 years old, Showed his income in the rec night, 153k USD, What have you guys to say?
-He Coorperate with company to fake the income
-LIAR!
-Where his income tax!
-MAybe is rupiah see wrongly
-Scam!
jonzibonzi
16 May 2007 · 08:50 PM
and thats the power of mlm..
now we show u proof u find another reason.. hmmm.. whats nexT?
daredevil7
23 November 2006 · 11:06 PM
well ultimately it is the investor decision whether he wants to invest in the end.
Anyway about this topic, i don't think this wireless project is a scam, heard about recents news that 400 Gold parnter investors that were in the NIT/Emcon investment project had a 3 days stay in taichung to witness the project progress. -
How hard is it to set up a wireless base station so you can surf on wireless? I just set up a temporary wireless wifi network with 5 meshed access points. Plus line it costs less than 5K. Besides, spending money on setting up wireless is easy. Making money off wireless is another matter.Originally posted by IlRoEvNeE:I am speaking at a point of an investor who have bought several GPs from this company.
If this whole sunshine empire thingy is a scam. I would say that this is the best ever planned scam in the world that i had heard of. Its so much better off than SCAM (Swiss cash asset management). I mean, there is really a wireless network company going on in Taiwan. I went there personally to use the network to log on to the internet and it worked. And definitely the recent news on the ground breaking ceremony in Malacca. Look at the huge effort put in by S.E to make this scam looks reliable. They even invited so many guest to the ceremony like the head of malacca, ex deputy prime minister of China and a chairperson of a commitee in U.N.
When was the last time when your friend asked you to bet on a soccer match where he says that it is a garanteed win. Or our ex PM Mr Lee encouraged so much in the Su Zhou industrial park investment, and now look what it has become. There is no such thing as a garanteed return. Projects can fail, companies no matter how huge and established it is can close down. I view S.E just like buying 4D or TOTO from Singapore pools. (probably the largest legal money game company in Singapore) I find buying GPs more like gambling rather than investing in lay mans term. At least i find the chances of winning higher than buying 4D with random numbers.
This is my personal view and does not have concrete proof.
Look at the structure of Singapore Pools. They divert all money of people who lose their bets to people who win in ToTo... Its just like people who joined in S.E later whose money will go to the people who joined in earlier. And the loophole in the money will then be later compensated slowly by the revenues of the project. I personally do recommend this plan to my friends, but i dare not garantee them their so called garanteed returns and i would say its up to their own risk.
Some people might think of me as selfish. Gaining off other people's lost. Well, try giving back Singapore Pools your winnings after you won ToTo. Because the winnings you recieved are all bets lost from Singaporean!!! Meaning to say, you are taking what they lost. Well, u may say that they are willing bettors. But people who put their money in S.E are willing parties as well.
This whole world is a money game. If you are working, your very own pay comes from profits of the company, which comes from the marking up of products. Which usually is so much higher than the original product. Developed countries are setting up so much trade barriers against developing countries, taking advantage of them. Riches of developed country comes from the lost of developing countries. This is the way the world works. Its up to you to choose which side.
Have you wondered why none of the WIMAX license holders except for Qala commercially launched a WIMAX service? Have you heard of any plans to launch? WIMAX licensees spent millions on spectrum licenses. You only don't launch if you think you will lose even more money doing so.
Have you wondered why wireless@sg had to be govt subsidized? If ISPs thought they could make a profit off wireless, wouldn't they jump at the chance? Did you buy the premium wireless@sg service? How many other people do you think bought it?
Also, don't try to justify your behavior. In a lottery, people buy a ticket knowing that there is a very slim, almost infinitesimally small chance to win. Also, everyone has a fair chance of winning.
In an MLM like SE, the actual risk is hidden from the new prospects. Once you fool them and get them in, they then have to fool others to make sure they are not the victims. -
Originally posted by scarletfever:
Guerilla mercenary warfare? Fighting losing fake battle, so all retreated?
where are all these ppl now? i put in their nicks, the time and date of their post and content of their post. i was searching for the one the fella said "if they cheat ppl their office would not be in a huge govt building (HDB hub)", but couldn't find it.
saw in CNA yesterday....those fools even walk out of the sunshine office covering their faces with their bags, scared the whole country saw their face on national TV.....[b]hahahahahahahahahahah. MALU MALU MALU.....
dot_dot
29 August 2007 · 10:33 PM
Y not u guys make a trip down to kinokuniya at orchard some day, go read up some books on network marketing, and see how some of the world's top business analysts and professionals describe networking as one of the next source of income of the economy...
jonzibonzi
14 May 2007 · 11:23 PM
and you go your friend house, u wan him to show you his income tax his title deed.. wah lau.. cannot make it so stupid
jonzibonzi
15 May 2007 · 12:16 PM
This Guy called David Tan 23 years old, Showed his income in the rec night, 153k USD, What have you guys to say?
-He Coorperate with company to fake the income
-LIAR!
-Where his income tax!
-MAybe is rupiah see wrongly
-Scam!
jonzibonzi
16 May 2007 · 08:50 PM
and thats the power of mlm..
now we show u proof u find another reason.. hmmm.. whats nexT?
daredevil7
23 November 2006 · 11:06 PM
well ultimately it is the investor decision whether he wants to invest in the end.
Anyway about this topic, i don't think this wireless project is a scam, heard about recents news that 400 Gold parnter investors that were in the NIT/Emcon investment project had a 3 days stay in taichung to witness the project progress.[/b] -
All managers in SE should be charged as well! Especially those Car Achievers! They got their BMWs after conning so many people!
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people who still claim that sunshine empire isnt' a scam has either been :
(1) living in africa
(2) people who don't read the front page of news ( especially the one on 14 November 2007) where it was reported that James Phang is currently being investigated by the CAD for fraud.
Both MAS and the CAD have issued statements to members of the public not to 'invest' in sunshine empire.
enough said. let the facts speak for themselves. -
just to sidetrack a little:
anyone has any comments about WBG? I'm suspicious of them being able to hire full time staff as I personally have a bad impression of them. -
Humm.. I have a diff point of view on this. Mayb those Car archievers themselves are conned themselves. Just that they are give all the benefits they are promised. This gives them the confident and made them believe in the company thus they will start recruiting people in.. xDOriginally posted by Felt Cheated By NTI:All managers in SE should be charged as well! Especially those Car Achievers! They got their BMWs after conning so many people!
Just my worth of salt. xD