MLM Multi Level Marketing-2/3
6) Perfumery products (eg. Lampe Berger & Bel Air). 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 strength 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 claimed 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.
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” etc. 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 scam in Phillipines. 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. Prospects 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..