Get Rich Quick Scheme
"Invest money into investment plan, this will make you rich quicker. Why suffer working for long hours in the office? See now within 6 months Im driving brand new mercedez, I just bought a condo at a top notch area . Living a confortable life, If you have extra cash please give it to me, I will help you to invest and monthly you will get some interest, the more you invest the higher the interest you receive " Sounds Familiar ?????????? This is nothing else than Get-Rich-Quick-Scheme. This had been rampantly reported in newspaper and talk of the town. If many of you could remember 10 years ago Johor was hit with this scheme, many invested in terms of millions, they receive handful investment return on monthly basis. But no one is aware where actually the money was invested, how the returns are calculated and best part is what is the company name 
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Due to this many have resigned from their current job and started becoming agent with the bogus company, some re-mortgage the housing loan and invested the money in the so -called investment, not only that some have started buzily renovating the house as the interest money is getting thicker and thicker, securing property and getting luxorious car.
Worst still they continued asking friends and relatives to invest in the scheme, some of them are Old Grandpa & Grandma whom have toiled their blood out to in FD and EPF . They withdrawed and invested. The plan goes on like this let’s say uncle Babu invested RM20000 , He receives monthly RM2,400 as interest payment (12% return), the agent whom Uncle Babu invested will get extra 2% of each thousands that is being invested under him. Dang !! Rm2,400 is equivalent to a one month salary of a executive 10 years ago. So most of them quit their job and started becoming agent and pulling people from street to invest. No one ever stop and think where does the money goes, how it is invested or where it is invested, how the dividends, ROI and being produced. When the money churning become easy, our eyes are blind to search for truth. The sad story is 99% of the affected are INDIANS !!!
Slowly the HEAD of this agents started printing profile of their companies, I remember of seeing those "photostated and neatly binded story book which is no worth of 5cents ", It seems they have invested in plantations, Oil companies, educations & even overseas Swiss Banks !!! Poor people seeing all this untrue fact they are easily diluted in the falsified informations and started pawning gold and investing . The true story behind it is, the money is never invested anywhere, the roll the money within their agents and paid off to the people, as more money is churning , it becomes easier for them to roll and pay the same principal as Interest !! ( Don’t faint yet, this is the "new banking technology sprung 10 years ago in JB") 
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One day the Govt stopped this scheme by arresting those agent’s bosses followed the agents stopped giving Interest to the poor people by saying the Authority has confiscated their companies money and now they are unable to pay interest. Some started to say also that the authority has freezed the account of 2 Billion thus the money cannot be utilized until the case is being cleared. The agents are still cheating through their nose without publishing the true story to the poor indians in johor. Remember the poor indians took the money from their relatives, all have started nagging for the interest else the principal should be return, since they are unable to do so and unable to bear the torchuring words from their relatives, they have commited suicide, ran away from the country silently leaving their Bungalows, luxuries car and property behind. No one knows what happened to them. Some has fixed gangsters, morons to threathen for their money, some even being hold at gun point… Worst worst, some this morons even requested the agents wife to sleep with them for exchange of money being invested.
It is 10 years now, people are still struggling as they have lost everything left with paying hefty bank loans for the house re-mortgage, working as General cleaner in Singapore to support their schooling children and some have forgotten the bitter episodes. Some are still cursing and threathing the agents for money. There is no free lunch or easy money in this world. Money that is made from crooked ways never stick on you for long time. Learn to live with what you have, earn extra money in healthy way and it will be with you always and forever. Don’t get blinded with anything you see… do some research. Always go through the bank for clearance. GET RICH QUICK SCHEME IS ILLEGAL !!
