Tuesday, November 17, 2009

Nice to Hear, Talk is Sweet, Another MLM SCAM


My friend told me there is one (maybe more than one) FOREX trading company using Multi Level Marketing (MLM) scheme to promote FOREX TRADING.

This is getting popular in Penang, Malaysia.

They organise seminars, classes to recruit member, you just need to open trading accounts & place your money in that trading accounts, the forex trading programme will trade for you.

They claim this Forex trading programme will make you gain from forex trade, esp trading Euro in USD.

You will get commission if you recruited a new member, you also earned commission from your down line trades.
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THIS IS ANOTHER MLM SCAM (SAME LIKE SWISSCASH),
THEY SHOW YOU RESULTS FROM INTERNET FOREX TRADING, GAIN IS SO EASY !
BUT THE SCREEN THAT YOU ARE WATCHING, IS IT REAL ?

OR IT IS JUST A SHOW ? A PRE-PROGRAMME RESULTS !
SO LONG AS THE NEW MONEY (FROM MEMBERS)
CONTINUE TO POUR IN, YOUR GAIN WILL CONTINUE TO GROW.

GREED WILL MAKE YOU BELIEVE IT'S REAL, COS YOU ARE SO DESIRE TO MAKE MONEY, ESP EASY MONEY THAT COME TO YOU WITHOUT PUTTING IN ANY EFFORT.

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Common sense prevail !

  • Forex movement is most complex, affected by many factors, known & unknown one, even the most experience forex dealer will not guarantee you gain.
  • A computer programme is just a tools, if it really can make you gain, the organiser will never go to organise seminars & seminars (work so hard) to attract your money, they will instead enjoy live in holidays while the computer making money for them.
  • We have seen many MLM scam, it repeat over & over again, using different name/subject ( Cafe, Unit Trust, Farm, Feng Shui, Gold Bar, Forex etc) to attract members to inject fund into their game plan.
  • Money make money is real, but not this MLM scam, it has to be Prosper through Investing in proper method. usually value appreciate in longer term.

P/S: Jim Roger said in his Book, A gift to my Children : Common Sense is not that common.

1 comment:

Tammara said...

That doesn't sound like a good thing at all. A Forex MLM - lol.