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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March 20th, 2008 at 12:19 am
Oh yes, Phang fell and stood up, standing upon everyone’s bodies. Classic cult father.
March 19th, 2008 at 5:01 pm
Sunshine Empire No:1 Wanted Man
If any of you see the person ,please contact SE Management or logde the police report .
Mr.Tan Khian Tee (BM Tan)
H/P: 012-4305278
Sunshine Empire No:1 Wanted Man
Mr.Tan Khian Tee (BM Tan) have run away RM850,000.00 Sunshine Empire Merchant’s money .
This RM 850,000.00 is the collection of merchant’s money to purchase GP . Anyone of SE merchant have the rights to hunt this idiot(Tan Khian Tee).
March 19th, 2008 at 8:22 am
Of course Phang fell & stood up again…cos he has so much money from the members!
March 19th, 2008 at 12:27 am
Lets see…. how many times had James Phang Wah’s companies changed names?
NOP, NTI, SE? Others that I don’t know of? And how did all of them end up?
Did Phang ever had track record of sustainable successful projects? Lets count….. hmm?
And what did Phang say everytime?
“I fell, but I stood up again”… After thousands of people lost tens of thousands?
March 18th, 2008 at 9:05 pm
I wont be surprised if one day James Phang vanishes. He’s know to be a great scammer with nothing but false promises and whole loads of excuses. Haha
March 18th, 2008 at 9:48 am
Sunshine Empire No:1 Wanted Man
If any of you see the person ,please contact SE Management or lodge the police report .
Mr.Tan Khian Tee (BM Tan)
H/P: 012-4305278
Sunshine Empire No:1 Wanted Man
Mr.Tan Khian Tee (BM Tan) have run away RM850,000.00 Sunshine Empire Merchant’s money .
This RM 850,000.00 is the collection of merchant’s money to purchase GP . Anyone of SE merchant have the rights to hunt this idiot(Tan Khian Tee).
March 17th, 2008 at 11:41 pm
Hey but after all it’s a multi million dollar multinational company under a great leader with dynamic network and tons of projects right? Nothing to hide? Or…
March 17th, 2008 at 10:04 pm
Or they will say in this forum that no matter what they say will be criticized, so they mentioned they will not say anymore…
March 17th, 2008 at 9:59 pm
So many lies, etc… when one false project is exposed, all agents diam diam divert topic or just say great and wonderful things about their Father James Phang
March 17th, 2008 at 5:31 pm
1 story to cover another story .Another stroy cover another story .
Interesting part about SE . Too many storys ,too many good excuses .
March 16th, 2008 at 10:53 am
Like if I were to say:
I am going to build 100 storey condo at Orchard Road. It’s gonna be ultra mega luxurious, gonna have XXX number of suites. Put $1 with me and get $1000 monthly. Have I secured the land? No. Have I found a partner? No, BUT I’m going to! Why? Because I’m a great person. Use your imagination!
Would anyone invest with me? Muahahaha
March 15th, 2008 at 11:23 pm
precisely !
March 15th, 2008 at 2:26 pm
Sorry but it’s extremely high risk to tout a service without concrete plans of it materialising.
March 15th, 2008 at 11:43 am
dear walk up call,
first of all,i didnt say that my english very good. this project “wireless city”, no without country’s company partner, currently they still finding the country’s company partner there.i js received news that james phang will go taiwan by this end of month or next month.cos of CAD investigation, many of the company’s process slowdown.i js get the news yesterday.
March 15th, 2008 at 12:53 am
No Use Quarreling on the net like this… my 1st time in here to take a look and was really surprise to see so many comments…there will be answer out by this month end… make it or break it liao.
March 14th, 2008 at 8:03 pm
jeff aw, your england damn powderful…it is quite difficult to understand what you mean at times…
Do you mean rep office? i want to ask you…how can a “big project” like emcom is completed but without any rep office or without any country’s company partner? Funny right?
March 14th, 2008 at 6:36 pm
dear simon,
first of all, sorry i dun bullshit ppl,i js post my comment here, u can choice either watch or not watch for my post.i dun force u 1.As u said that why emwealth need 4 months to maintainece, i agree of u..where got websites maintain so long, but cos emweatlth need to wait the new life style(new pages own company product) together so will lauch at the same time in april.
March 14th, 2008 at 6:27 pm
dear red coloured stone,
u can go KUB.com there, the emall empire company still open there.if u need to ask any info about emwealth and emall then u can come there.For the Emcom company, u need go to hong kong see the Emcom limited.My friends and me still using Emcall services.
March 14th, 2008 at 6:24 pm
dear simon,
PPC card this happen very suddenly, some of the leader of SE jump to another company, i dun know why they can use this company to cash out money for the epoints.JAMES PHANG need to stop them continues to cash out epoint to another company so all epoints stop and wait PPC come, actually, management need to find out that leader.
March 14th, 2008 at 6:20 pm
dear walk up call & simon,
my upline is 1 of the top management in SE, he personally use 250000 epoint to buy gambler company in hong kong as a jungle and shares.Emcom already complete the project but still not yet find partner in that country.every company if not in own company then must be find 1 of the company in that country to cooperate like Melaka theme park.if u dun believe, u can go taichung to see the server.
March 14th, 2008 at 3:00 pm
Jeff aw, can you get your upline to explain & clarify here ?
March 14th, 2008 at 8:06 am
Jeff Aw ,
Did your upline update you about Emcom status ?
Maybe your upline not even know about Emcom(Taichung) status ? And he try to act like a leader who knows everythnig.
But the fact is,your upline don’t know anything .
If you and your upline don’t know , just say so . We don’t blaim you one but don’t try to bullshit people.
March 13th, 2008 at 9:31 pm
Where is EMall and Emcom Taichung now?
What happened to the multi million dollar multinational company under a great leader who’s better than Warren Buffett?
March 13th, 2008 at 6:47 pm
jeff aw, did i mention anything about BM Tan? I think you are getting confused yourself? I am referring to simon’s queries…pls read carefully.
March 13th, 2008 at 5:32 pm
Jeff Aw ,
I assume as you said PPC card needs 2 months to apply .
Why SE don’t ask merchant to apply ealier ? Maybe somewhere on September 2007 or October 2007 ?
If apply earlier ,by February 2008 we all can have a real Happy Chinese New Year .We all can withdraw our money for CNY.
Don’t you think there is something wrong about SE ?
March 13th, 2008 at 5:23 pm
Jeff Aw ,
First E-Mall . And now E-Mail no more ,gone .
On last year December 2007 , a new one call Emwealth . Emwealth still under maintainance untill April . What kind of website needs 4 months for maintainance ?
Keep on maintainance, non-stop maintainancing and no ending maintainaning .
I’m really happy to hear that your sales team still produce sales every week . Whether true or not , let us see the bonus EP pay out on the coming 15th March 2008 .
TQ!
March 13th, 2008 at 3:47 pm
dear simon,
SE already make report to police that BM Tan run out RM850,000.if u know where is him now please let SE management know…TQ!
March 13th, 2008 at 3:34 pm
dear simon,
as BM Tan said that SE no income, but my sales team still produce sales every week?how come he know no income?BTW,actually r u the 1 of SE merchant???ur upline didnt update u about emwealth things????if u r SE merchant or not already, please find the information.not can not redeem js said that lie u.Emwealth will open again with the new life style(new company) on april,if u want redeem product, please wait until april.Emwealth currently under maintainance.TQ!
March 13th, 2008 at 3:27 pm
dear walk up call,
first of all, izit the BM Tan can be trust??how to define that he has talked 1 is real?he has taken merchant’s money amount RM850,000 run away,sure he make the SE’s name become bad and black.James phang will not foolish that transfer big amount to his own account before investigation, if he make this, CAD first time must caught him.why until now CAD still cannot find any proof?how BM Tan know PPC card only 1 week can be done??he is top management?BM Tan is the 1 run away merchant money.whatever MLM company he join,i think he will take money run away again and again.cos got 1 time must got second time.
March 11th, 2008 at 11:06 pm
jeff aw & jeez, can you reply to Simon’s queries?
March 11th, 2008 at 10:24 pm
Is J.Pang allowed to leave the country
March 10th, 2008 at 1:32 pm
Untill today ,our Mall Point can not be use at Emwealth in order to change laptop as Sunshine Empire promised .
It is a lie .
Who can update me about this ?
March 10th, 2008 at 10:35 am
We had met BM Tan yesterday and he gave a lot of inside news about SE.
1) He told us that once James Pang crossing the Thailand border , Thailnd police is waiting to arrest James Pang .
Sunshine Empire Thailand is no longer operation . Totally closed down.
2) Before the CAD investigastion, James Pang had transfered big amount of money into his own account .
3) PPC card is a way to delay to pay merchants . Actual PPC card will only take 1 weeks to get .Not 2 months . SE had fooled us already .
4) Emcom project never work all these while.
5) There will be no income for SE .
March 9th, 2008 at 9:45 pm
sory oh , iz juz a
Concert..
not a like a cult group, screaming and shouting, no control… thing
ok ^^
u also can ask hong kong ppl about tis in 2008 feb 23 , got tis concert or not..
and also , u can go to check ” percy ”
in hong kong got tis superstar or not ^^
March 7th, 2008 at 10:36 pm
dog eat dog?
March 7th, 2008 at 10:12 am
BM Tan . The Bukit Mertajam leader ,right ? I also heard of that .
He already jumped to other MLM company selling kelapa sawit and invested about RM350K in it .Bring a lot of members together with him.
Poor all the member who follow him . Got no cash with them where else BM Tan himself got RM850K in his pocket.
What is happening ? The whole Sunshine Empire is going kelang-kebut already .
March 7th, 2008 at 9:17 am
If any of you see the person ,please contact SE Management or logde the police report .
Mr.Tan Khian Tee (BM Tan)
H/P: 012-4305278
Sunshine Empire No:1 Wanted Man
Mr.Tan Khian Tee (BM Tan) have run away RM850,000.00 Sunshine Empire Merchant’s money .
This RM 850,000.00 is the collection of merchant’s money to purchase GP . Anyone of SE merchant have the rights to hunt this idiot(Tan Khian Tee).
March 6th, 2008 at 10:02 pm
Can you tell more about the scam. I want to learn so that i also can scam SE of RM850,000. I will share with you the amount.
If someone can scam so big money, i think we cant trust our money in this companies’ hand anymore right?
March 6th, 2008 at 2:48 pm
If any of you see the person ,please contact SE Management or logde the police report .
Mr.Tan Khian Tee (BM Tan)
H/P: 012-4305278
Sunshine Empire No:1 Wanted Man
Mr.Tan Khian Tee (BM Tan) have run away RM850,000.00 Sunshine Empire Merchant’s money .
This RM 850,000.00 is the collection of merchant’s money to purchase GP . Everyone of SE merchant have the rights to hunt this idiot(Tan Khian Tee).
March 6th, 2008 at 2:28 pm
WOW, i can see how post like 410 can be abused, just post the number of the person you don’t like… and… tada…
for all you know, the number could be like those 1900 phone sex number scam…
Anyway, its only RM850K, people have run away with much much more… like SGD4M
March 6th, 2008 at 2:08 pm
If any of you see the person ,please contact SE Management or logde the police report .
Mr.Tan Khian Kee (BM Tan)
H/P: 012-4305278
Sunshine Empire No:1 Wanted Man
Mr.Tan Khian Tee (BM Tan) had run away RM850,000.00 Sunshine Empire Merchant’s money .
This RM 850,000.00 is the collection of merchant’s money to purchase GP . Everyone of SE merchant have the rights to hunt this idiot(Tan Kian Tee).
March 6th, 2008 at 2:47 am
denniz,
feels very much like a cult group, screaming and shouting, no control…
gives me the creeps, so many goondu getting brain wash…
they only wake up when they realize they’ve been conned!!!
March 6th, 2008 at 1:00 am
Please note that posting your emails here will subject you to unlimited spam from webcrawlers. If any of you would like to edit to remove your emails, do let me know.
March 5th, 2008 at 10:05 pm
I personally think that SE is not a credible company. We do not know who is at the top of the pyramid. There is no transparency. We do not know how much money already go to SE. Also we do not know where and how much of our money go to each of the so called investment done by the company. Also how much money go to the ppl in the company. They might be stealing the epoints without our knowledge. If anybody would like to buy epoints from me at 1E-point = RM2, Please email me at kahloong@yahoo.com. Give me ur ID and name. Thanks. I cant wait for 3 months.
If you cant withdraw the money, please don’t come to me crying like a baby. If you can, then congratulations.
March 5th, 2008 at 9:53 pm
Big Goondu:
Ah, and the vicious circle starts all over again. Like some guerrilla war, keep on moving. What happen huh? Multinational multi million dollar company under a great leader is afraid of being prosecuted? Running away?
Emcom Taichung also no proof… Got telco licence, but no infrastructure development permit? Muahaha
March 5th, 2008 at 11:18 am
hi all
nice to watch this blog hehe
any news from SE ?
or still in progressssssssssss
March 5th, 2008 at 8:10 am
If you cannot answer the questions, just say so. Or simply do not post.
March 5th, 2008 at 7:38 am
Sorry, the correct email is m4543717@singnet.com.sg
March 5th, 2008 at 1:39 am
red coloured stone> I believe Jeff aw is not able to answer your query as he is only a SE agent and not an Emcom employee. Your friends should look for their uplines, who should be the sole individuals responsible for them.
Jeff aw> Pls contact me at m4543737@singnet.com.sg thanks!
March 5th, 2008 at 12:11 am
u all can go to c tis.. and believe wat u want to believe for..
http://youtube.com/watch?v=1GmQmwY_9Ok
try to take a look ^^