Top 16 Scammers In Malaysia Part – 5 of 5

13. Seaweed Venture Scams

1 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. 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.

16. Aro wan a Fish Breeding

Oora from Germany , Biofuel (Kompleks Maluri) etc - These are some newer scams. Aro wan a 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 Tai wan ) & Oora from Germany(I never trust those cruel Germans) 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.

If you wish to send me any new information confidentially, you may email them to me at:
stopscams007@gmail.com
Good Luck..
Even when we screw up the environment in the pursuit of easy and quick wealth we eventually pay for it when Tsunamis, landslides, and so on, hit us and bury us in our sleep. Sometimes, we who perpetuate the crime do not suffer the retribution. Sometimes others are the victims while we escape punishment. But those who get punished are not really that innocent. When we stand by and do nothing about what others do to the environment we are as guilty as those who are directly responsible. So we pay the price of the folly of others. - (RPK, 24Jan09)

I hope to receive information of any scams so that I can share them here to protect others. Although most of those above-mentioned are marketed through direct-selling or MLM schemes, I will soon add non-MLM scams. Please contribute.

Good Luck..
Even when we screw up the environment in the pursuit of easy and quick wealth we eventually pay for it when Tsunamis, landslides, and so on, hit us and bury us in our sleep. Sometimes, we who perpetuate the crime do not suffer the retribution. Sometimes others are the victims while we escape punishment. But those who get punished are not really that innocent. When we stand by and do nothing about what others do to the environment we are as guilty as those who are directly responsible. So we pay the price of the folly of others. - (RPK, 24Jan09)