DarkLord 1st Gear November 16, 2007 Share November 16, 2007 Students' money still come from parents.. ↡ Advertisement Link to post Share on other sites More sharing options...
Onenightstd2 Neutral Newbie November 17, 2007 Author Share November 17, 2007 Just read yesterday chinese news paper cheque for S$7400.00 bounced liao........ Link to post Share on other sites More sharing options...
Slowmo Clutched November 17, 2007 Share November 17, 2007 put into SE bounce or take out bounce? Link to post Share on other sites More sharing options...
Onenightstd2 Neutral Newbie November 17, 2007 Author Share November 17, 2007 SE cheque can jump liao......... Link to post Share on other sites More sharing options...
Slowmo Clutched November 17, 2007 Share November 17, 2007 but under investigation, the bank a/c should be already frozen right? so why the media still send cheque since confirm bounce one? Link to post Share on other sites More sharing options...
Onenightstd2 Neutral Newbie November 17, 2007 Author Share November 17, 2007 Link to post Share on other sites More sharing options...
Onenightstd2 Neutral Newbie November 17, 2007 Author Share November 17, 2007 I think the domino effect is taking pace faster than expected, run for your life folks............run Link to post Share on other sites More sharing options...
Wanderer Clutched November 17, 2007 Share November 17, 2007 Was it a post-dated chq??? IF kena bounced, that means the company's finances are in Advised all to stop putting money in..... Link to post Share on other sites More sharing options...
Unic 1st Gear November 17, 2007 Share November 17, 2007 No need to advise. I doubt anybody would dare to put in money to SE now. unless that person is too rich or too stupid Link to post Share on other sites More sharing options...
Dc5r Neutral Newbie November 21, 2007 Share November 21, 2007 20000 times S$12000, you find out the answer yrself, I m not good in counting, maybe somewhere like 24millions, so government much get in now before it becomes 240 million. because of exponetion growth, 1 becomes 2, 2 to 4, 4 to 8 8 tp 16, 16 to 32, 32 to 64 and so on........ It is minimum $240 mil!!! But bear in mind not all member put in the minimum $12000. I just know one of my friend's wife throw in $48000 last month... Imagine if everyone put $12000 it is already $240 million!!! There are alot of greedy people who throw in $48000 like my friend's wife. I also heard from my friend that an auntie throw in her life savings total to about $100K. From what i see it is easily $billion not to forget people throw back the money they receive to roll $$$ again and again. Link to post Share on other sites More sharing options...
Dc5r Neutral Newbie November 21, 2007 Share November 21, 2007 Bro u are wrong.... my friend told me still got people putting $$$ in... Staff from SE still doing presentation... and alot of people still put $$$ in!!! WTF what is these people think? There are really people who don't read newspaper and watch news... Link to post Share on other sites More sharing options...
Mzrmazda3 6th Gear November 21, 2007 Share November 21, 2007 Bounce cheque??? This Mr.Wang sure Link to post Share on other sites More sharing options...
Seanboi 1st Gear November 21, 2007 Share November 21, 2007 This kind of organisation; how to entrust my money in their hands?!! This type of organisation got the word "Trust" in it meh? When u join as a member, they teach u how to psycho ur relatives, frens etc. Basically u gain over ppl's foolishness. Like swindling. Link to post Share on other sites More sharing options...
Stary Turbocharged November 21, 2007 Share November 21, 2007 There are so many MLMs in past & present.. Why is the media focusing so much publicity on this sunshine empire.. I feel we should ban this MLM thing....its BS man. Bro..do not confuse MLM with this one. Whether we like it or not, MLM is not an illegal business. For MLM, to make your money, you need to buy some products and sell it to others. So there is some "products" supporting the business. For this one, it is like a pure Ponzi scheme. You just put some money in and you don't have to buy anything ever. Then voila...every month you get some money back. It is like an investment scheme, just that you do not know where it was "invested" to. For investment schemes, it has to be govern by MAS and this is why the authorities are taking action. So this has nothing to do with MLM. MLM is a pure legimate business. I don't really like the MLM model either, but that's my personal preference, not because they con people. Link to post Share on other sites More sharing options...
Angelvine Clutched November 21, 2007 Share November 21, 2007 my bf gong gong join and now got 2 condo and a bmw, please... how many 26 yrs old can earn more then $100k a mth??? there's a lot of people also make it rich... so dun say no people will join... Link to post Share on other sites More sharing options...
Gdluck Neutral Newbie November 21, 2007 Share November 21, 2007 sure onot............. Link to post Share on other sites More sharing options...
Angelvine Clutched November 21, 2007 Share November 21, 2007 sure... but of cos he join in the early.. and so lucky until now... Link to post Share on other sites More sharing options...
Fddd Neutral Newbie November 22, 2007 Share November 22, 2007 Definitely got problem ↡ Advertisement Link to post Share on other sites More sharing options...
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