http://newpaper.asia1.com.sg/news/st...46134,00.html?
WHAT WATER THEME PARK PROJECTS?
Blacklisted S'pore MLM company unveils lavish M'sian developments. But M'sian authorities say...
THEIR presentation was certainly designed to impress and strike awe.
By Hedy Khoo
29 October 2007
THEIR presentation was certainly designed to impress and strike awe.
With just $12,000, you stand to make many times more by being part of a 'global' company that has stakes in many high-profile projects in the region.
These include a trading portal that is supposedly better than eBay, as well as majestic theme parks in Malacca and Sabah that boast floating villas and underwater hotel rooms.
To prove the point to about 100 people who attended Sunshine Empire's talk last week, a slide show titled Anything Is Possible was shown.
Without any explanation, the audience was shown several pictures, including one of an overcrowded bus in India with some passengers on the roof and others with legs dangling out of the windows.
Another photo showed square watermelons from Japan.
WOULD YOU BELIEVE?
The audience was told: 'To believe or not to believe is up to you.'
Sunshine Empire, a multi-level marketing (MLM) firm, is now on the radar of the Monetary Authority of Singapore (MAS). Though MLM companies are legal here, MAS has included the firm on its list of unauthorised companies that investors should avoid.
The Securities Commission in Malaysia has also listed Sunshine Empire on its investor-alert list. It advised the public not to make any investment with companies that are not licensed or approved by it.
The commission's website noted: 'Offers often come in the guise of seemingly attractive investment opportunities or schemes and may also be camouflaged as direct-selling or business opportunities.'
In Singapore, a visit to Sunshine Empire's office in Toa Payoh Hub saw several people there holding stacks of cash, presumably to pay for their investment.
One man had a thick stack of Indonesian rupiah.
Earlier, they had been given a brief overview of 'the Empire', as it is called, detailing its ventures in a range of businesses from telecommunications to health to property.
A representative showed various slides of the company's regional projects, including two impressive marine theme park developments in Malacca and Sabah.
Graphics of the park in Malacca showed an intricate network of floating villas and structures on the water which formed the shape of a lion's head. The park also has an adjoining condominium project.
Artists' impressions of the park in Sabah, called The Magic Kingdom, showed a lavish underwater hotel.
An aerial view showed a network of structures in the water which took the shape of an lobster. These structures are purportedly underwater hotel rooms.
'You can open the curtains to your room and see your friends swimming outside,' the representative said.
However, the Malaysian authorities appeared to be unaware of the projects.
When contacted by The New Paper on Sunday, the press secretary to the Minister of Tourism, Culture and Environment Sabah, MrFrancis Au Chee Thong, said he had not heard about the Empire's plan to build a water theme park in Sabah.
Mr Au said: 'To our Ministry's knowledge, we have no information relating to a water theme park project.
'And, at this point, there is no such project that is under construction or in progress in Sabah at the moment.'
As for the project in Malacca, Datuk Zaini Md Nor, the mayor of Malacca City Council, told The New Paper on Sunday that the council had indeed received an application in August for approval of a piece of 0.87-ha land (slightly larger than a football field).
The land, located at Pekan Klebang, is listed under developer Empire Property Venture, an affiliate of Sunshine Empire. It is supposed to be for a commercial building.
However, the mayor said the application is still being processed.
On the water theme park, Datuk Zaini said: 'No application has been made to the city Council for the building of a water theme park till today.'
Nevertheless, the Empire's projects were not the only thing that impressed visitors.
Its sprawling office on the seventh floor of Toa Payoh Hub exudes opulence. Crystal chandeliers cascade from the ceiling and the marble walls are trimmed in gold.
The company's logo - a lion's head - is imprinted everywhere, from the carpet to a painting spanning an entire wall of the lobby.
At the reception was a stream of people queuing up to hand money to the receptionists. At least two people in the queue held wads of $50 notes.
The New Paper on Sunday had earlier phoned the number listed on the Sunshine Empire website and the woman who answered said it was not an investment company.
She also asked for the name of our 'introducer' and recommended we attend the 8pm presentation.
YOUNG SPEAKER
At the presentation, the speaker was a young woman who appeared to be in her mid-20s. She was dressed smartly in a black blazer over white business shirt and skirt.
The talk took the tone of a motivational speech with the speaker running up from the back of the room to the stage energetically.
The audience of about 50 (with 50 more in another room) appeared to come from all walks of life. There were housewives in their 50s, 20-somethings in office wear and a handful of teenagers. Among them were several people dressed in black suits.
At regular intervals, the speaker would urge the audience to applaud themselves.
She would ask: 'Who is here to learn how to make more money?'
When some in the audience responded with a show of hands, she exclaimed: 'Give yourselves a big round of applause!'
A 17-year-old student, who wanted to be only known as Tan, told us he was approached by a friend from the company two weeks ago.
He said: 'My friend told me about a part-time job with many benefits and I can start with just $2,000.
'All I need to do is to keep the money in the account for 11 months and every month, the company would pay me a sum.
'At the end of 11 months, I would get my money back, and the company would still pay me a monthly sum. My friend said he earned $1,000 in two weeks.'
In the end, Tan said he did not sign up as he did not want to have his money tied up for 11 months.
Connect with Facebook
Linear Mode
