Sunshine Empire - Too Good To Be True?
Blogged By: Low Hang Wei @ October 2nd, 2007 - 4:38 pmIf you have heard of Sunshine Empire, then you would know of the insane returns that they have been projecting. While most of their merchants do acknowledge that these returns are not guaranteed, it does not change the fact that many people who buy into the program are expecting those returns. Many people are unaware of the potential risks of putting their money in a program like Sunshine Empire.
Firstly, the benefit illustration that their merchants are using in their presentations exceed a 100% annualized return, which is around three to five times the performance of top investors like Warren Buffett and Peter Lynch. That alone is enough ground for people to shout ‘too good to be true’. Additionally, their customer rebate program sounds just like a Ponzi scheme, since it basically takes only 10% of membership fees to rebate current members. In short, people who joined later are paying people who joined earlier. In order for a ponzi scheme to sustain, the amount of members need to grow at an exponential speed month after month. That alone is enough reason to drive rational investors away.
However, I recently decided to get a slot in Sunshine Empire and paid for the membership fees and GP fees of $11,800 just today.
Do I think that it’s a wise investment to make?
Not a chance, Sunshine Empire is not even recognised by MAS as an investment vehicle in the first place.
Would I refer anyone to put their money in Sunshine Empire?
Fat hope, why would I refer anybody to something that I do not think is a wise investment.
Why did I put my money in Sunshine Empire then?
- The desire to grow my money made me blind.
- While their customer rebate program sounds like a Ponzi scheme, their customer loyalty program does make a bit of sense. If you don’t know what these are, don’t bother to find out, since I do not recommend anyone to put their money in.
- This amount of money is what I made in investments for the year and I can afford to lose them.
Basically, the last point is the most important point. Never put your money in these type of schemes if you cannot afford to lose them. I sincerely feel that this whole thing is very risky, but I’m willing to take the risks. I don’t know about you, but my advice to anyone would be… stay away unless you are prepared to part with your money forever.
Blogged Under: Income Opportunities
More Posts
| « Why Do You Read First Million Challenge? | Getting Affected By Negativity » |
August 7th, 2008 at 3:02 pm
i’m sick of seeing people getting tricked
August 6th, 2008 at 6:14 pm
mister x
tho u r not victim jz use yr king heart to think abt it everyone will no thanks u.
August 6th, 2008 at 3:22 pm
I would love to take action, but im not a victim.
August 6th, 2008 at 1:19 pm
Jeez,
u said no action talk only, may i no wat action u oso can suggest to everyone, dont comment only. the worst action and wayang will b yr end if they insist not to settle then they and their families will nolah.
August 5th, 2008 at 9:17 pm
Not paying people back, not refunding, yet trying to recruit people. Am I right to suspect they’re using money from newcomers to pay the existing customers? Pyramid scam.
August 5th, 2008 at 11:27 am
NATO.. No Action Talk Only..
if really want to help and fight the refund back for everybody, this is not the way. talking only here not only doesn’t help anyone at all, it acutally makes things worse because there’s no action taken. The only effect all the comments will do, is to make people fear more and more, but nothing else.
Want to make a difference, go do something, don’t just sit down and complain only.
August 5th, 2008 at 10:15 am
To JP:
Please remember that ur life time will end like ur daddy one day (I dunno when u will gone, only god know). Dun treat urself is GOD, now u r control by devil. Devil will let u to do everything smoothly, n let u have great wealth (but all money not belong to u).Although u still have a few ten years or a few years only to enjoy the sin, but I want to warn u that u will leave this world with emtpy pocket like ur daddy!! R u clear? God allow u to do the thing that u think is really enjoyable (but limited time only), actually He give u time to repent (like us also), but pls remember, once u “gone”, u will go to spritual world where is HELL. No chance n hope at there! The worst n most suffering ppl in this world still better 1000000000000000000000….. X than those in HELL since there r eternal punishment. Many souls in HELL always envy u, because u this DEVIL still got chance to repent. U must not believe..but do u think u can escape from facing to the TRUE GOD? Time will prove to u.
August 5th, 2008 at 1:03 am
Not giving people back their money and now trying to attract people to join? What cheek. Still want to join someone who has 10 years track record of failed “projects” and few people earning huge amts of money but everyone else losing everything?
“Join me and be rich, but only I have yet to return the money”
He and his “I failed and yet I stood up I’ll not fail again” tactic.
August 4th, 2008 at 11:35 pm
TOLONG! TOLONG! TOLONG! GIVE BACK THE MONEY ORELSE THE WORLD WILL WORST THAN 911. MANY COMMIT SUCIDE. SOUTH EAST ASIA MEMBERS WILL GATHER SUPER SUPER SUPER N SUPER POWER N ALL THE COUNTRY GOVT SEE WHAT ACTION THEY WILL TAKE AGAINST ALL THOSE WORST THAN “AH LONG” EATEN TRILLION N TRILLION RAKYAT MONEY.SO EVERYBODY MUST BUKA YOUR EYES TO SEE WHICH COUNTRY GOVT WILL DO THE BEST ON HOW TO FIGHT BACK THE MONEY AND WHAT KIND OF ACTION AGAINST THEM.SO HOPE YOUR LEADERS AND UPLINE DONT SIMPLY ASK MERCHANTS TO SHUT UP NOT MENTION SE ANYMORE . TREAT US LIKE THE STUPID NUT, USE YOUR BRAIN EVERYBODY NOW QUIET IT DOES NOT NO ACTION WILL TAKEN. IF REALLY HAPPEN U WANT TO REGRET ALSO VERY SUSAHLAH! THE ADVISE IS PAY BACK THEN EVERYBODY WILL TRUST THE CO. N BUSINESS WILL B BETTER.DUN HAVE TO ATTEND ANY COURSE, MEMBERS WILL AUTO WORKHARD, IF NO ITS BETTER MAKAN SENDIRILAH.DUN WASTE ALL THE STUPID TIME TO ATTEND COURSE UNDERSTAND OR NOT! IF NO ASK THE EMMAX SPEAKER TO READ IT THEN HE WILL UNDERSTAND.IF HE DUN UNDERSTAND BCOS HIS BRAIN AND MIND FULL OF $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ AND DONT CARE ALL SE MERCHANTS MATI SENDIRILAH
August 4th, 2008 at 8:41 pm
No refunds to existing customers, still trying to attract more people? What’s this? Using ppl’s money to pay other people? I hope not.
August 4th, 2008 at 4:51 pm
Dear Our Valued EmMax Distributors,
亲爱的会员们,
Great news! We will be holding our next PSC on 10th & 11th August 2008!
好消息! 本公司将在八月十至十一日举办成功哲学研修班!
For those who want to fully understand and want to develop their career, PSC is to let those who are ready to have positive lasting changes to their lives!
成功哲学研修能帮助您激发个人的潜在能力, 它也让您体验到成功的秘诀。从心理建设，成功体操，激发潜在能力，人生剧本，成功哲学等二，三十页课程。以最有效率的方式在两天内密集完成，使你能完全融入在成功者的学习中。
Course Details
课程详情：
Course Name: Philosophy of Success Course (PSC)
Date: 10th & 11th August 2008
Venue: EmMax Service Centre (Hong Kong)
Course Fee: HKD1200 + 500 Seminar Points (Accommodation not included)
No. of Applicants: Max. 80 Pax
Closing Date: 6th August 2008
课程详情：成功哲学研修班
日期：二零零八年八月十至十一日
场地：香港总公司
课程学费：1200港币 + 500培训积分 (不包括住宿)
报名数额： 80学员为限
截止日期： 二零零八年八月六日
Terms & Conditions
条款条件：
- Application form can be obtained from EmMax Service Centre (Hong Kong)
- Please take note that the course fee does not include accommodation.
- All applicants must go through an interview before registration.
- Only those who have passed the interview will be allowed to attend this course.
- Course fee must be submitted to EmMax Service Centre (Hong Kong) by 6th August 2008 together with the application form.
- 报名表格可在香港总公司柜台索取
- 课程学费并不包括住宿
- 所有申请者必须经历研修前测试
- 只有通过研修前测试的申请者才能参加本研修班
- 课程学费及申请表务必在二零零八年八月六日前交上香港总工司。
For those who have passed the interview, please attend a briefing on 9th August 2008, 8pm at EmMax Service Centre (Hong Kong).
所有通过研修前测试的申请者务必在二零零八年八月九日，傍晚八点，到香港总公司来参加这课程的事前指示。
Let this course be a turning point to your life!
让这个研修班成为您生命的转棙点！
Yours sincerely,
Sam Mok
EmMax Management
帝无限管理层敬上
August 4th, 2008 at 4:47 pm
Change lives? Yeah change for the worse. None of the projects can ever be sustained long term, keep giving excuses and starting new companies.
August 4th, 2008 at 3:36 pm
Dear Our Valued EmMax Distributors,
亲爱的会员们,
Great news! We will be holding our next PSC on 10th & 11th August 2008!
好消息! 本公司将在八月十至十一日举办成功哲学研修班!
For those who want to fully understand and want to develop their career, PSC is to let those who are ready to have positive lasting changes to their lives!
成功哲学研修能帮助您激发个人的潜在能力, 它也让您体验到成功的秘诀。从心理建设，成功体操，激发潜在能力，人生剧本，成功哲学等二，三十页课程。以最有效率的方式在两天内密集完成，使你能完全融入在成功者的学习中。
Course Details
课程详情：
Course Name: Philosophy of Success Course (PSC)
Date: 10th & 11th August 2008
Venue: EmMax Service Centre (Hong Kong)
Course Fee: HKD1200 + 500 Seminar Points (Accommodation not included)
No. of Applicants: Max. 80 Pax
Closing Date: 6th August 2008
课程详情：成功哲学研修班
日期：二零零八年八月十至十一日
场地：香港总公司
课程学费：1200港币 + 500培训积分 (不包括住宿)
报名数额： 80学员为限
截止日期： 二零零八年八月六日
Terms & Conditions
条款条件：
- Application form can be obtained from EmMax Service Centre (Hong Kong)
- Please take note that the course fee does not include accommodation.
- All applicants must go through an interview before registration.
- Only those who have passed the interview will be allowed to attend this course.
- Course fee must be submitted to EmMax Service Centre (Hong Kong) by 6th August 2008 together with the application form.
- 报名表格可在香港总公司柜台索取
- 课程学费并不包括住宿
- 所有申请者必须经历研修前测试
- 只有通过研修前测试的申请者才能参加本研修班
- 课程学费及申请表务必在二零零八年八月六日前交上香港总工司。
For those who have passed the interview, please attend a briefing on 9th August 2008, 8pm at EmMax Service Centre (Hong Kong).
所有通过研修前测试的申请者务必在二零零八年八月九日，傍晚八点，到香港总公司来参加这课程的事前指示。
Let this course be a turning point to your life!
让这个研修班成为您生命的转棙点！
Yours sincerely
Sam Mok
EmMax Management
帝无限管理层敬上
August 4th, 2008 at 11:21 am
Dear Our Valued EmMax Distributors,
亲爱的会员们,
Great news! We will be holding our next PSC on 10th & 11th August 2008!
好消息! 本公司将在八月十至十一日举办成功哲学研修班!
For those who want to fully understand and want to develop their career, PSC is to let those who are ready to have positive lasting changes to their lives!
成功哲学研修能帮助您激发个人的潜在能力, 它也让您体验到成功的秘诀。从心理建设，成功体操，激发潜在能力，人生剧本，成功哲学等二，三十页课程。以最有效率的方式在两天内密集完成，使你能完全融入在成功者的学习中。
Course Details
课程详情：
Course Name: Philosophy of Success Course (PSC)
Date: 10th & 11th August 2008
Venue: EmMax Service Centre (Hong Kong)
Course Fee: HKD1200 + 500 Seminar Points (Accommodation not included)
No. of Applicants: Max. 80 Pax
Closing Date: 6th August 2008
课程详情：成功哲学研修班
日期：二零零八年八月十至十一日
场地：香港总公司
课程学费：1200港币 + 500培训积分 (不包括住宿)
报名数额： 80学员为限
截止日期： 二零零八年八月六日
Terms & Conditions
条款条件：
- Application form can be obtained from EmMax Service Centre (Hong Kong)
- Please take note that the course fee does not include accommodation.
- All applicants must go through an interview before registration.
- Only those who have passed the interview will be allowed to attend this course.
- Course fee must be submitted to EmMax Service Centre (Hong Kong) by 6th August 2008 together with the application form.
- 报名表格可在香港总公司柜台索取
- 课程学费并不包括住宿
- 所有申请者必须经历研修前测试
- 只有通过研修前测试的申请者才能参加本研修班
- 课程学费及申请表务必在二零零八年八月六日前交上香港总工司。
For those who have passed the interview, please attend a briefing on 9th August 2008, 8pm at EmMax Service Centre (Hong Kong).
所有通过研修前测试的申请者务必在二零零八年八月九日，傍晚八点，到香港总公司来参加这课程的事前指示。
Let this course be a turning point to your life!
让这个研修班成为您生命的转棙点！
Yours sincerely ,
Sam Mok
EmMax Management
帝无限管理层敬上
August 4th, 2008 at 10:54 am
STUPID NUT SAM MOK O PRETENDER,
PLS DUN MAKE USE DIS 2 ADV PSC
COURSE,ALL THE MERCHANT MAKAN OSO SUSAH
OREADY, PLS PLAN TO PAY BACK MONEY TO
ALL OF US, THEN D BUSINESS WILL AUTO
TRIPLE AND NO ENDING. BUT NOW SEE IT
YOUR OWN EYES. EVERONE IS VERY HOT AND
HOT BEEN PATIENT WAIT D MONEY. SO PLS B
GENTLEMAN RETURN ALL THE MONEY O ALL OF
YOU WILL B LIFE JAIL N MANY WAYANG WILL OUT.