Is Mface a safe and reliable investment?

[eveee99]

Just heard from a relative that he joined this Mface thingy where the value of his investment just keeps increasing...sounds like a scam to me. But, does anyone have any knowledge or experience with this? Also, heard that it is very popular in m'sia.

googled some info and found this

http://kungweimface.blogspot.sg/2013/06/q-english-version.html

Anyone has any idea? Afraid my relative will get scammed ...

 

[Shion]

http://combatingillegalpyramidscheme.blogspot.sg/2015/04/mbi-mface.html

https://forum.lowyat.net/topic/2821976/all

https://ms-my.facebook.com/notes/sa...m-bersama-teddy-teow-bos-isl/390583407676812/

http://malaysianreview.com/tag/mface-scam/

http://bbs.tianya.cn/post-develop-1743064-1.shtml

http://bisnishybrid.blogspot.sg/2013/02/mfcclub-mface-scam.html

http://boardreader.com/thread/Watch_out_on_MBI_scam_formerly_mFace_by_12kbwoX2aa8e.html

I guess the answer is clear

 

[eveee99]

The problem is this business is not illegal in M'sia. And my relative has gotten back more than half his invested money and is very convinved it will give him good return. I want to faint cos I am asked to join. But of cos, anything that sounds too good to be true is too good to be true .... haiz

 

[Shion]

The problem is this business is not illegal in M'sia. And my relative has gotten back more than half his invested money and is very convinved it will give him good return. I want to faint cos I am asked to join. But of cos, anything that sounds too good to be true is too good to be true .... haiz

As long as it sounds too good to be true, it is hardly good

I think it is just a matter of time.

 

[wahkao3]

As long as it sounds too good to be true, it is hardly good

I think it is just a matter of time.

in general yes,
but some are really good. so you need to further analyse to see whether is the risk low and returns high

 

[alexchia01]

Just heard from a relative that he joined this Mface thingy where the value of his investment just keeps increasing...sounds like a scam to me. But, does anyone have any knowledge or experience with this? Also, heard that it is very popular in m'sia.

googled some info and found this

http://kungweimface.blogspot.sg/2013/06/q-english-version.html

Anyone has any idea? Afraid my relative will get scammed ...

This is 100% plus chop scam. It's too late for your relative, save yourself... RUN!

 

[Shion]

in general yes,
but some are really good. so you need to further analyse to see whether is the risk low and returns high

I am pretty sure some things we can just save the hassle of doing an analysis

 

[Perisher]

in general yes,
but some are really good. so you need to further analyse to see whether is the risk low and returns high

Are you of the belief that all things are worth investigating as long as it's low risk high returns?

Guess what? Most scams are low risk high return on the surface, so if you wanna waste time investigating everyone, you will be wasting time investigating all the scams... countless.

Let's start you off with the Arab prince?

 

[wahkao3]

Are you of the belief that all things are worth investigating as long as it's low risk high returns?

Guess what? Most scams are low risk high return on the surface, so if you wanna waste time investigating everyone, you will be wasting time investigating all the scams... countless.

Let's start you off with the Arab prince?

agreed
might as well spend the time investigating all 800 stocks on SGX

 

[Shion]

agreed
might as well spend the time investigating all 800 stocks on SGX

Unfortunately none of us are as eng as you

 

[microtek]

Googled for "mface" and nearly every result was about it being a scam. So how can it be legit? LOL

 

[crystalnox]

Just heard from a relative that he joined this Mface thingy where the value of his investment just keeps increasing...sounds like a scam to me. But, does anyone have any knowledge or experience with this? Also, heard that it is very popular in m'sia.

googled some info and found this

http://kungweimface.blogspot.sg/2013/06/q-english-version.html

Anyone has any idea? Afraid my relative will get scammed ...

That Q&A's English is absolutely sh*t.

 

[Shiny Things]

Just heard from a relative that he joined this Mface thingy where the value of his investment just keeps increasing...sounds like a scam to me. But, does anyone have any knowledge or experience with this? Also, heard that it is very popular in m'sia.

googled some info and found this

Anyone has any idea? Afraid my relative will get scammed ...

It's a cross between a pyramid scheme and a Ponzi. Don't get involved.

You might get a few initial payments to get you hooked, but the odds are it'll collapse and take all your money with it.

 

[eveee99]

It's a cross between a pyramid scheme and a Ponzi. Don't get involved.

You might get a few initial payments to get you hooked, but the odds are it'll collapse and take all your money with it.

Ya...I know but my relative is so convinced by it cos it returns him money already. I told him not to put in anymore. So frustrating....

 

[Joseph877]

Any investment that guarantees return is a RED ALERT! I have seen so many friends who tasted the first one or two returns (interest/ payout) and lost their initial capital. Imagine you put in $100K and get back $10K. Then the company folds, you lost everything!

Very important to do own due diligence for all investments.

 

[wahkao3]

Unfortunately none of us are as eng as you

I very eng? I hold a busy day job as a chao engineer.

stockbot is retired. he is the eng one.

 

[wahkao3]

Any investment that guarantees return is a RED ALERT! I have seen so many friends who tasted the first one or two returns (interest/ payout) and lost their initial capital. Imagine you put in $100K and get back $10K. Then the company folds, you lost everything!

Very important to do own due diligence for all investments.

yes agreed.

For me, I am also volunteering to help my colleagues analyse their investments. a lot of them are engineers like me and are totally clueless about finance and investments. Hope they dont get burnt

 

[Shion]

I very eng? I hold a busy day job as a chao engineer.

stockbot is retired. he is the eng one.

You ownself say analyze 800 stocks on SGX. If that is not eng, what is it ? Otherwise, you only talking cock then.

 

[wahkao3]

You ownself say analyze 800 stocks on SGX. If that is not eng, what is it ? Otherwise, you only talking cock then.

my fren help me cannot meh?

 

[sanzhu]

Sure make

Thousnads of percent

Real estate play

Wad y qaitng for