MLM Multi Level Marketing-3/3
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 – One 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 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, which I will elaborate in a different thread.
Lastly but not least, thank you for reading to the end and I hope you can come back for more details and updates or help to contribute for me to update. I hope to receive information of any scams so that I can share them here to protect others.
If you wish to send in any information confidentially, you may email to: stopscams007@ gmail.com
i never know until i read your article… thanks for the info and i shall keep update together with my frens!
1I really disagree with the MJ Life scam. I did a check up there and the RM1000++ is a lifetime membership which then can be passed on to my child in the future so that they only have to pay RM680 each time they go for a check up. The price I have paid for these health screening is very worth it. Everything was done effectively and efficiently. Bring in the MLM is only the bonus. When I feel that they provide really good services, I share with others and just like that I earned some passive income. Many friends thank me because of early detection. Maybe you should understand the companies better before rating them as a scam.
2Nanana… see? I told you already, MJ Total HC is not suppose in the scam list. Now you see my supporter also liao
Actually it depends on how you see it la, personally we benefits from it, maybe someone kena ‘tipu’ by others than black-rated it lo.
Cheers Val!
3Gold trade is good enough to earn but not for investor who invest in Tignet. They had taken my mom`s gold and refuse to give discount and gold even after one month of the date suppose to delivery of gold.
There is discount of 3 percent every month once the gold is renew. The minimum purchase is 100g and we had bought 350g. Very obvious scam happen that they do not give out discount and gold which we had bought it.Please advice on how should we do?
My contact 0173100861. Thanks.
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