Saturday, February 16, 2008

Oriental Asia Hottest HYIPs.

A High-Yield Investment Program (HYIP) is a type of scam.It was used to refer to an investment program which may have offered a high return on investment. The term "HYIP" was abused by the operators of scams to camouflage their scams as legitimate investments. Due to this overuse by scammers, HYIP has almost become synonymous with Scam or Ponzi.

They are sometimes presented with some form of an emotional appeal, appeals for faith, and promises that they will help investors achieve financial freedom.

HYIPs typically offer a significant incentive commission (for example, 9% of invested funds) for members to attract and refer new investors.In such "games", the first participants ("investors") may make a good profit and are encouraged to refer other people to the program because of referral commission, the fact that they have already made back their principal and are playing with profit, and that the more people who deposit money, the more money can be paid out to participants.
HYIP owners can manipulate monitors and forums, by paying people to comment positively or by using a range of IP addresses or proxy servers in different locations so that "paying" votes appear to come from around the world. This allows the HYIP to rise up the rankings.
This is the logo of Asia's latest hottest investment using Multi-Level-Marketing (MLM) as the front.

It's The Sunshine Empire Alliance Group.
The origin and homebase is at No;490 Lor 6 Toa Payoh #07-10 Singapore 310490.Tel: +65 64114650Fax: +65 64114654
Photo courtesy of Lorna Tan
Wed, Nov 07, 2007The Straits Times,Singapore.
The Chairman and Founder of Empire Group Alliance (EGA). MR James Phang aged 48
About six years ago,1,000 Singaporeans lost about $2 million in total linked to a failed investment scheme paying up to $3,800 each to become members of an Indonesian country club, PT Magic Kingdom Island Resort Paradise.The resort was to have been developed on a 200-ha piece of land in Rempang, which is linked to Batam by bridge, and promised a hotel, chalets, a golf course and even a 1,000-sq-m shopping mall.
Mr Phang is adviser to Sunshine and founder of Empire Group Alliance, of which Sunshine is an associate.
(source: news.asiaone.com )
Photo courtesy of Lorna Tan
Wed, Oct 24, 2007 The Straits Times Singapore.

'I'm a legend - better than Warren Buffett'

Sunshine has attracted the attention of the authorities as its activities appear to be like a pure investment scheme - but it is not licensed for such operations. http://hk.youtube.com/watch?v=xz_WxckHVME&feature=related
INVESTOR ALERT & BLACKLISTED in the following countries:-
1.) Singapore-Monetary Authority of Singapore
2.) Malaysia-The Securities Commission of Malaysia
3.) Indonesia-Bapepam-LK
FORUMS:
Posted by benhctan at 6:55 AM