Scam (Time Sharing etc...) Companies Active Again-Be Careful

[scang]

johnchia456:

AceTutors123:

Anyway please be careful people, I stumbled upon a ponzi scheme happening right in Singapore. Received the following message from 82294005:

\"Hi [myname], thought you may want to know, a local entrepreneur with NO networking experience found an investment opportunity where he invested $2000 to secure a return of $10500 in ONLY 10 days. He has repeated this over and over. Be among the First to use this amazing system. http://www.asianmillionaires.com.sg.\"

Please don't fall for it! I'm surprised they even put up a picture of the founder on the website.

I was very fortunate to get the same message... It's not actually a ponzi at all...
Obviously you never attended the free talk AceTutor.
I actually invested my $2,000 and secured a full return of $10,500 in a three week period which is in fact more than the 10 days he claimed...
But I do understand some people have done it in a lot shorter time than me.
I have re-invested for a second round and should have my returns out in the next few days.
This is the best return I have ever had on any investment

johnchia456,

What kind of scheme is this to give 425% in 3 weeks?

Care to elaborate more?

Even for a 10-20% return in a month consistently is a pretty tall order, not to mention 425% in such a short time frame, unless it is like a jackpot, one off windfall.

Have you re-invest again?

[WeiHan]

Jerry Tan Kim Huat has been caught by CAD for forgery and other crimes. and is in the process of being charged in Subordinate Court by public prosecutor under penal code section 465 (forgery) and others and the verdict is yet to be out. Jerry Tan will be defended by Gurdip Singh.


His case reference number is DAC 7932-5/2013 (SC-004674-2013)

From court schedule, it looks like there is a session on 26 September (Thursday) 2013 10:30 am. You may want to check out and attend the hearing session.

==

On a Separate note: It looks like CIMB Bank is sueing Jerry Tan and forcing him to apply for bankruptcy.

==

Any of you who have contact with the media may want to contact them to report on this news. "Singapore local timeshares scam king caught!"

[Jovialcho]

My friend has been conned; don’t believe in such scrap sheet…

[JusticeOnTime]

Good Evening,


Trawl the net and found a posting message dated 13/12/2013 at Avoiding Scammer Blogspot - Jerry Tan Kim Huat made bankrupt by CIMB Bank dated 17/10/2013.

[sweeling779]

actually i dont trust time sharing. instead why not try selling something online and see if it works? there are a lot of information on youtube or online, but it takes a lot of time. alternatively there is a pretty good ebook complete guide… for modern entreprenuers… i think the cheaper version can be found on onlinebusinessworkz.blogpost.com


btw i am not a seller of this… so up to your own. i do have a copy , quite good.

[starlight1968sg]

Investors caught in '$60m ponzi scam'

http://www.straitstimes.com/news/singap ... m-20150524

[Jennifer]

Such scams involving retirees give the Govt more grounds not to release lump sum CPF money back to the account holder.

[starlight1968sg]

Jennifer:

Such scams involving retirees give the Govt more grounds not to release lump sum CPF money back to the account holder.

You support locking the CPF money?
Greed is in all and nobody will say NO to more money.

[TheAnswer]

starlight1968sg:

Jennifer:

Such scams involving retirees give the Govt more grounds not to release lump sum CPF money back to the account holder.

You support locking the CPF money?
Greed is in all and nobody will say NO to more money.

I support locking CPF money. That cannot be the only pot of money otherwise it spells trouble.

[starlight1968sg]

TheAnswer:

I support locking CPF money. That cannot be the only pot of money otherwise it spells trouble.

Me too.
If I dont get to use it, my beneficiaries will.