Sunshine Empire: Whats next?
If Sunshine Empire makes you money without having you to work, everyone just gotta invest and thenÃ‚Â no one willÃ‚Â have to work. This is notÃ‚Â a rightÃ‚Â cycle.
SINGAPORE: The Commercial Affairs Department (CAD) has launched investigations into multi-level marketing (MLM) firm, Sunshine Empire.
The probe by the white collar crime buster comes just over a month after the Monetary Authority of Singapore (MAS) placed the firm on an investor-alert list which zooms in on those who may be conducting activities regulated by the MAS without authority.
Sunshine was also put on a similar list by Malaysian authorities a few months ago.
MLM firms, which are legal in Singapore, typically invite people to pay cash for the right to market goods to other people. They also get cash for recruiting other MLM marketeers.
… Read moreÃ‚Â (CNA)
What do I know?
I got to know Sunshine Empire through a friend few months back and according to him, he earns quite alot through the investment plans. The investment plans earns him much muchÃ‚Â more than what any local bank’sÃ‚Â investment plansÃ‚Â can give. I’m going to stop here about what I know – I’ve got no facts since it’s a ‘hear-say’.
Just think. You think investing $20k and you’re getting back $40k in a yearÃ‚Â without having to do anyÃ‚Â work? Nothing is free, my dad always says.
Even if stock markets are bullish right now, it’sÃ‚Â near toÃ‚Â impossible for anyone to just invest for you and get back so much. Hey, do you know how many hedge funds went bankrupt last and this year?
Is this publicity or bad news for the company?
Until now, no one knows.Ã‚Â
Positive: This piece of news may invite more investors. “Oh, so Sunshine Empire can earn me lots of money!”
Negative: Oh shit. I want my money back now. I’m going over to their head office to meet …”
My two pennies worth
I am NOT an investor of Sunshine Empire. Neither am I a supporter of the company. And, I’m not having anything against the Empire (Why should I?).
Investors may want to get back what they invested few months back, but I’m quite sure that the company wouldn’t allow that. If everyone does that, they’ll close down soon. So good luck guys.
I NEED MONEY, HELP ME
If you’re thinking about investing with Sunshine Empire, I suggest you visit your nearby banking partner, be it DBS, POSB, Standard Chartered, Maybank, HSBC, UOB or Citibank to arrange for aÃ‚Â fixed deposit account. At least banks are more reliable with their lower but realistic interest rate at maybe 4% per annum.
We warned you. =)