Sunshine Empire Latest Investigation
Placed in HYIP |Sunshine agents call it as MLM plan. This is Pyramid scam because money paid is not exchanged against any product or service. However legally you cann’t sue them because when you sign up they give you shares of the company making you partner in their business, so on paper its not MLM scheme that you join. You are partner, if they make money you make, if they loose you loose.
Most of the pyramid schemes go bust quite soon because they promise to double or triple the amount in very short time, usually less than 1 year. Some people in the beginning get it and then they invest more and pull their friends/relatives…when too many people have invested then original investor run away with money and close the shop.
Sunshine offers 10% of investment amount every month so first year return is 120% of original amount. This is some kind of delayed pyramid scheme which will take some time to go bust. They also invest their money in lucrative businesses like finance, properties, infocomm etc. So able to get good returns because of booming market in these areas. Good returns delays bust time even more. Some mlm expert has said “There aren’t enough people in world to sustain pyramid schemes for ever”, the day they won’t have new people joining in or when current lucrative business is no more lucrative then sun will set for Sunshine.
My conclusion about SunShine is - it will shine as long as sky is clear, when night falls or when it rains during day you will loose everything invested.
I didn’t invest anything, however I do feel it will take at least 2 to 3 years more before it goes bust. Its tempting to make some quick money but my ethics and principles always dump the temptation My suggestion stay away from it.
Scam or real, you will find out in 30 months since the Malacca project should be completed by then as James Phang claimed.
Have you not learnt enough from the Nigeria scam, the China Phone call scam, and the recent S$2.4M scam?
ho in the world can promise 10% gurantee return? Ask the greatest Investor of all time, Warren Buffet, I don’t think he can gurantee that.
The so call taiwan Wireless project is it real? Other than SunShine Empire owns press release, there ae no official report, can someone show me one haha!
I am happy for those who posted their returns (cheque payment). I hope they have gotten back the prncipal amt they have invested. if not, your risk are still there, right?
For those who are newly joined, pray hard
For those who have not, great, the are the winners so far.
For me, I will wait for the Singapore Police investigation result before I decide if I should take up the greatest investment opportunity I ever encounter.
Be patient, the truth will be out soon!
lastly, can anyone tell me how old this company, who are the shareholders? you? who are reading this now?
Are you aware that SunShine Empire has no investment licence in Singapore?
You decide and you bare the consequence, good or bad.
May luck be with you
What do you think?? Post comment about your opinion, but please keep it relevant.. :)
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5 Feedbacks on “Sunshine Empire Latest Investigation”
All Malaysia SE and Em-Max merchant ,
Good news !!
Em-max Grand Convention at Hong Kong last month had sold more than 5000 Gold Max .Great result.
James Pang had officially announced to pay back all the re-fund to Malaysia’s Merchant by August 2008 .
Those who don’t received the ICC card ,you may contact Em-Max Malaysia’s Represent : Sky (016-7920101).
For all Singapore merchant need to wait until November/December 2008 to get their refund.
This is the final decision from James Pang .
Em-Max will be stronger ever !!
Sam Mok
(Managing Director of Sunshine Empire Malaysia)
On be half of Em-Max
By Sam Mok,malaysia
Dear Our Valued EmMax Distributors,
Those who still not receive the ICC card because your card application have been rejected by EmMax. This is because your upline/leader did not help you to fill in the card application form properly .
Therefore ,you need to contact your upline immediately and fill in the ICC card application form again .And wait for another 60 days for the card approval.
Sorry for any inconvinient caused.
Sam Mok
EmMax Management
By Sam Mok,malaysia
IMPORTANT NOTICE 重要通告
Dear Our Valued Distributors ,
亲爱的会员,
James Phang(EmMax) have decided that there will be no pay out for the refund to all Sunshine Empire Malaysia and Indonesia merchant .
Base for the member application form that all the merchant have signed .EmMax would not have any responsible to pay for the refund money.
ICC card would not be issued to all Malaysia and Indonesia merchant .
EmMax will be strong ever !!
For any further inquiry you may contact Emmax Management :00852-2377-1777 or 00852-2199-7887.
Regards,
Sam Mok
The EmMax Management Team
帝无限管理层
By Sam Mok (EmMax)
Beware of SCAM : Niu Lifestyle(NTI) & Emmax
Year 2008 , Sunshine Empire(James Phang) have changed their name to ” Emmax ” .
Emmax do not have any office in Singapore ,Malaysia and Thailand . But they now setting up new office call : Niu Lifestyle/Niutrend Lifestyle(NTI) as Emmax office and trying to sell GM (SE call: GP). 1 GM cost: USD6600.00
More than 100,000 victims had been cheated by these scam company .
Stay away from these SCAM company.
Black Listed SCAM company :
Niu Lifestyle - Head Office
ENTERPRISE ONE
1 Kaki Bukit Road 1 #02-21
Singapore 415934
Tel: +65 6533 5082 Fax: +65 6533 0397
Branches :
Niu Lifestyle - Singapore
490 Lorong 6 Toa Payoh
#07-12 HDB Hub
Singapore 310490
Tel: +65 6397 7084 Fax: +65 6397 7082
Niu Lifestyle – Malaysia(Sam Mok)
No.1, Jalan Petaling Utama 12,
Off Old Klang Road 7 miles,
46000 Petaling Jaya
Selangor
Tel: +603-7785 5499 Fax: +603-7785 6749
Niu Lifestyle will be opening more branches at Kedah ,Penang , Johor ,Sabah and Sarawak to Scam more people .
Please forward this mail to your friends and relatives , thanks .
By Anti EmMax