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
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August 4th, 2008 at 10:25 am
If u mr. Phang donnot allow us to wthdraw our money, I just ask u to pay our money back. Do not cheat us because God will punish u as big as your sin. Those people who invested their money in your company mostly very honest people with their pure money. God is listening their mourning and He is now giving you the opportunity to repentance…
August 4th, 2008 at 10:12 am
Sam Mok!
Shut ur big n smelly mouth right now!! U think we want to take care about ur rubbish? If u really sincere enough, just give back the refund. All blogger at here not interest to hear from u. Our point is $$$$$$$$? Un? Many courses is just a part of this game which must be use in order to convince ppl!! Who believe it must regret (unless u want to cheat other ppl’s money). Pls gather other ppl’s power in this blog, since only this place we can met each other!! How many “Rakyat Power” we need? 100 ppls mayb not enough..Find 50K ppls got use or not? Trylah
August 4th, 2008 at 8:26 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 3rd, 2008 at 11:16 pm
They’re using psychological blackmail. Using threats, calling people names, etc so that they will stay with SE. That’s what they want.
Playing with psychology. Phang uses it too. He never had a successful project, people lost millions yet still ppl believe him. Why? He brainwashes by using his “failure”. Saying crap like “I failed but i stand up”, etc…
It’s like a child who repeatedly gets 0/100 for his exams and says “u think i failed so many times i’ll fail again?”. And when he decides to close it, he’ll blame someone for it and pretends to cry. Over and over again.
August 3rd, 2008 at 9:28 pm
What kind of decent company threatens its members and customers? That’s gangsterism.
It’s already under Sg and Msia police investigation. Just need someone to file a suit.
August 3rd, 2008 at 9:26 pm
There’s only a few companies with assets over a trillion like Japan Post. Sunshine? Just one small thug group. Only at most few hundred million.
Don’t worry, file a suit. So what if he has the “best” lawyers? File in Sg and Msia. They had already kena-ed a suit for 180 million HKD in hong kong.
August 3rd, 2008 at 8:54 pm
NOT ONLY CIVIL LAWSUIT, ACCOR TO THEM
HAVE MONEY ‘DAPAT SETTLE EVERYTHING’AND
BEEN TOLD HAD MANY LAWYERS STAND BY HIS
SIDE AND GROUP. SO THEY OREDY PLAN
AHEAD BEFORE START DIS BUSINESS, YOU
ARE VERY VERY SUSAH TO WIN THE CASE.
BUT DONT WORRY ACCOR TO EXPERIENCE
JUDGE,GATHER ALL” RAKYAT POWER” SEE HOW
COULD THEY WIN THE CASE. GOD ALSO WILL
PITY OUR HARD AND BLOOD MONEY, IF THE
JUGDE DUN UNDERSTD THEN A LOT OF ??????
’swiss cash’ small money, govt fight back, this sunshine empire is many times bigger then “swiss cash” costing how many trillion, i dun c why malaysia govt cant fight back.
August 3rd, 2008 at 8:51 pm
LOOK,EVERONE ALL MERCHANT SUNSHINE EMPIRE/EMMAX
Now u all cant c.Sem point and Oem point still not be able withraw the money BY AUGUST.WHAT FOR ICC, CANNOT USE MAKE WITHRAWAL.JUST SAMPLE .BIG NEWS JAMES PHANG NEVER2 WANT TO PAY BACK ALL REFUND, STILL LYING.
ALL MERCHANT WAS MAKE A REPORT(TRIBUNAL) TO PUT THEM (JAMES PHANG) IN JAIL.GET BACK FULL REFUND.THAN HE CANT LOSE MANY ASET THEIR HAVE. GOOD LUCK
VERY2 BLADYFULL CON MEN.DONT ACEPT HIM TO BACK IN SG CITIZEN.
August 3rd, 2008 at 5:22 pm
File a civil lawsuit
August 3rd, 2008 at 3:25 pm
iraq,
quite a few pple who post here are from malaysia, so u can’t blame them for their way of speaking english, just like there is Singlish in singapore.
August 3rd, 2008 at 11:21 am
IRAQ,
NW IS NT D TIME TO COMPARE ENG STANDARD O IN ENGLISH CLASS.
THE MOST CONCERN NOW HOW TO SOLVE PROBLEMS GET BACK THE MONEY.
IF U FREE GIVE YR VIEW O OPINION TO FIGHT BACK MONEY, THEN YOU ARE QUALIFY TO BE THE ENGLISH LECTURER.
August 2nd, 2008 at 11:40 pm
terrible english……… what sort of teribble english is there? Why SE member’s english so terrible?
August 2nd, 2008 at 7:17 pm
All SE Malaysia Merchant ,
Those who don’t receive the ICC card ,please contact your upline/leader immediately .
In order to withdraw your SEM point & OEM point on August .
Emmax(Hong Kong) already issuedd 3500 ICC card for Malaysia Merchant.
Sam Mok
(Managing Director of Sunshine Empire Malaysia)
On be half Em-Max
August 2nd, 2008 at 2:28 pm
The only way is to file a court case to bring Phang’s gang to court.
He’s being giving nothing but excuses for the past year. Excuse and false hopes while using the monies to open new offices in Macau and starting Emmax. The process starts over again.
None of his so called grand projects materialised in the past few years. Wireless city in SG by Emcom? Yah right. Wireless city in Taichung? Yah right… All fake.
August 2nd, 2008 at 11:48 am
WE DONT COURT CASE ONLY, WE WANT THEM
TO PAY BACK WHAT WE SUFFER DURING
x’MAS, C.N.Y 08 AND ANOTHER X’MAS,
C.N.Y09 IS COMING.ALL THE SE “KEPALA”
PLS FAST RETURN MONEY, NO CHOICE THEN
YOU & YOUR FAMILY HAVE MONEY BUT NO
TIME N NO LIFE TO ENJOY IT!WHAT FOR?
DONT CRAZY TAKEN OUR MONEY MUST THINK
ABT WHAT WILL HAPPEN NEXT.OK
August 2nd, 2008 at 11:21 am
Just refund instead of telling you to buy something before refund. They sure can find all sorts of ways to squeeze money from people. You guys should group together to make a court case.
August 2nd, 2008 at 8:24 am
Hi..SAM. how come my emax acc zero after transfer. how should i do??
August 1st, 2008 at 7:38 pm
look,EVERONE
Now u all cant c.Sem point and Oem point still not be able withraw the money BY AUGUST.WHAT FOR ICC, CANNOT USE MAKE WITHRAWAL.JUST SAMPLE .BIG NEWS JAMES PHANG NEVER2 WANT TO PAY BACK ALL REFUND, STILL LYING.
ALL MERCHANT WAS MAKE A REPORT(TRIBUNAL) TO PUT THEM (JAMES PHANG) IN JAIL.GET BACK FULL REFUND.THAN HE CANT LOSE MANY ASET THEIR HAVE. GOOD LUCK
VERY2 BLADYFULL CON MEN.DONT ACEPT HIM TO BACK IN SG CITIZEN.
August 1st, 2008 at 6:03 pm
HI HI HI SAM MOK,
dont pretend ok what is yr intention oways use sam mok 2 gv nonsence instructions, I DONT REPEAT TO SAY NO SALES NO GM NO CARD N NO HOPE YOU DONT CONFUSE AND CONFUSE ALL MERCHANTS WHOM BEEN SUFFER AND SUFFER AGAIN, I AM THE OLD MAN NEED MONEY TO BUY COFFIN, OK HOPE UNDERSTOOD DONT MAKE SILLY REMARKS AND STUPID ANNOUCE….ENOUGH IS ENOUGH THE TIME TO GATHER POWER TO LET THEM AND FAMILY SUFFER………..IF NOW STILL NO NEWS TILL END08…………A LOTS OF WAYANGS WILL COME OUT.ALL THE HEAD JAMES PHANG AND GANGS PLS SETTLE EVERYTHING, OR NO TIME FOR U ALL TO REGRET.
UNDERSTAND USE YOUR SMART BRAIN TO THINK ……………..
August 1st, 2008 at 3:40 pm
Everybody!! Enough liao!! Dun trust wat ever JP’s sweet promise!! If u believe, u suffer more. Already kena once, still not scare? I know all of us suffer due to the big devil. But, we dun do stupid thing again!! Even u join gold max, u loose more at the end. Now we must find Gapasingh help us to fight (Pakatan Rakyat)..Agree?
August 1st, 2008 at 3:26 pm
All SE Malaysia Merchant ,
Those who don’t receive the ICC card ,please contact your upline/leader immediately .
In order to withdraw your SEM point & OEM point on August .
Emmax(Hong Kong) already issue 3500 ICC card for Malaysia Merchant.
Sam Mok
(Managing Director of Sunshine Empire Malaysia)
On be half Em-Max
August 1st, 2008 at 3:13 pm
HI! GOGI AND ALL MERCHANTS,
GOGI SAID NO WORK NO RECRUIT NEW GOLD MAX, WHAT THE HELL TALKING ABOUT.SWEET TALK CO ASK SUBMIT FAST APPLY CARD, NOW TWICE AND TURN AND INDIRECTY FORCE TO CONTINUE TO DO SALES, STUPID NUT! WHERE IS THE PROMISE TO PAY BACK! DO U KNOW ALL M’SIAN SUFFER “MINYAK, MAKAN PROBLEM” AND MORE SUFFER TO WAIT THE CO GIVE BACK MONEY. NOT LIKE YOU NEVER USE BRAIN O YOUR BRAIN HAD BEEN WASH TRU YOUR TRIP TO HK N MACAU!!!!!!! EVERYONE WAKE UP AND CALLING HELP FOR WHATSOEVER TO FIGHT BACK OUR MONEY.OK.
August 1st, 2008 at 9:28 am
Actually look like no hope already, but all of us still wait and hope….Dun want accept the fact…We say dun give up, but this game not control by us…Dun give up? Any action we still can take?
August 1st, 2008 at 8:21 am
All SE Malaysia Merchant ,
Those who don’t receive the ICC card ,please contact your upline/leader immediately .
In order to withdraw your SEM point & OEM point on August .
Emmax(Hong Kong) already issue 3500 ICC card for Malaysia Merchant .
Sam Mok
(Managing Director of Sunshine Empire Malaysia)
On be half Em-Max
July 31st, 2008 at 6:31 pm
Say CAD freeze accounts, is they say one. Then how come freeze account cannot pay out but still can do business?
July 31st, 2008 at 6:27 pm
Since when, once did James Phang deliver what he “promised”? From the Sg wireless project, the Taichung wireless project, all the refunds and the dubious property projects…
July 31st, 2008 at 2:13 pm
ALL MERCHANT START NOW MAKE A PRESS CONFRENCE ABOUT JP.
July 31st, 2008 at 2:09 pm
ALL MERCHANT WAS MAKE A REPORT(TRIBUNAL) TO PUT THEM (JAMES PHANG) IN JAIL.GET BACK FULL REFUND.THAN HE CANT LOSE MANY ASET THEIR HAVE. GOOD LUCK
VERY2 BLADYFULL CON MEN.DONT ACEPT HIM TO BACK IN SG CITIZEN.
July 31st, 2008 at 1:17 pm
I just saw them in the SANDS casino few weeks ago. As they enjoyed, we SUFFERED!!!!!!!!!!
July 31st, 2008 at 1:15 pm
James Phang and Jackie Hoo are laughing at us (Victims) and gambling away our hard-earn money in Macau Casinos! Haiz……………..
July 31st, 2008 at 1:12 pm
Money no more! No more Refund! Give up ba!
July 31st, 2008 at 9:13 am
Hi! Gogi!U get the ICC or not? If not, how to get back refund? I am also from Malaysia
July 31st, 2008 at 8:11 am
We all hope James Phang & Sam Mok don’t give empty promises to Malaysia Merchant for the refund on August .
All of my downline looking forward for August .
If no refund on August for them,I really don’t know how to explain to them because James Phang sure not going to do the explaination. Hiding as usual.Like a dirty rat.
July 31st, 2008 at 12:19 am
If they lost their lawsuit they still have to cough out 180m HKD (30m SGD) to pay.
July 30th, 2008 at 10:36 pm
Wahaha… Congrats to those who greed… bye bye to your cash. Deserve you RIGHT.
July 30th, 2008 at 10:20 pm
Hi,
NEWS FROM EMMAX MANAGEMENT
Management will process ICC card for new Gold Max members within 30 days. Old members have to wait as we have SEM and OEM points only.
Unless you are actively bring in new Gold Max now, company will process your ICC card too.
July 30th, 2008 at 4:43 pm
All merchant malaysia wait and see …..by August refund success or not.SEM point and OEM point be able or not.
July 30th, 2008 at 4:01 pm
When transfer our membership to Emmax ,James Pang promised to refund us on October 2008 .
And now delay to December 2008. Might have delay again untill 2009 .
That is not fair to Singapore merchant.
July 30th, 2008 at 2:00 pm
How to put them in jail and get back our refund?
July 30th, 2008 at 2:43 am
Kota,
Understand, we are in the same shoe.
Looking for sign to get our refund back.
July 29th, 2008 at 5:08 pm
Dun trust wat ever JP saying!! Can somebody tell me is there no chance get back my capital? Report police or BNM got use or not? Give some idea!!
July 29th, 2008 at 4:55 pm
To all SE Merchant ,
We are all victim of SE .Let arrange a gathering .
Main aim is to get 1 answer : “When we can have our refund back ?
Where should we start ?
Set a date , a time and a location to meet up and discuss .
Anyone got suggestion ?
July 29th, 2008 at 4:25 pm
See.
Emcom. Said want to wireless up Sg, later vanish. Then said want to wireless up Taichung. Also vanish. Now kena sued for 180m HKD.
EPV. They changed their design for malacca and KL projects dunno how many times. Somemore claim all are sold when everything is sold internally.
SE. Big question where does $ come from. From bottom? Offering emcom as a “rebate”? No diff from ponzi aka pyramid scheme.
Still want to trust someone who has 10 years track record of failed projects?
July 29th, 2008 at 3:41 pm
Kota! When we can get ICC? Any condition needed? Got chance for Malaysia Merchants get back money or not? Need money urgent le
July 29th, 2008 at 2:23 pm
all merchant call members go to table talk face to face dont waiting .see u at the BALAI POLIS OR BNM NOW.
July 29th, 2008 at 12:18 pm
HELLO TO EVYERONE includ bistar,
WHATEVER KOTA SAID IS RIGHT, WE ARE NOT JAMES PHANG, WE ALWAYS GET THE LATEST NEWS AND FOLLOW WHAT THE UPLINE OR LEADER TOLD US.
IF EVERBODY WANT TO KNOW ACTUAL WHAT HAPPEN SO YOU CAN CONTACT ALL & GATHER ALL MERCHANTS AND TABLE TALK WITH THEM FACE TO FACE THEN YOU WILL UNDERSTAND
July 29th, 2008 at 8:33 am
eager,
There is the right tel of Emmax .
I also tried many times to get them but that is the only way .
I can not explain everything to you as i’m not the owner .
Isn’t that Emmax should be the one who need to explain ?
That is all i can help you ,sorry .
July 28th, 2008 at 9:23 pm
Hi Kota
Try to call the HK number provided by you several times - no one seems to pick put the phone.
Try to email, yes there are response but it says to refer to upline or higher upline.
It seems that we are being pushed in to no end circle.
Do explain.
July 28th, 2008 at 5:28 pm
Ben,
Can you tell us when we can have our ICC card and refund money ?
July 28th, 2008 at 5:25 pm
Ben ,
We are all waiting for your answer.
When can we have our refund back ?