The on-going media reports about a bootleg deposit-taking activities of a association in Perak slated to be a country's largest gold deposit intrigue raises serious issues affecting a confidence of a rakyat's tough warranted money.
In a Bestino case, some over 6,700 adults have been perfectionist their monies totalling RM411 million to be refunded. Now, which is an awesome total which has right away been personal as "illegal" following 4 directors of a association being charged last year for bootleg deposit receiving activities.
On a same token, what is supervision you do about a scandalous pyramid fraud operators in a country?
Do something about pyramid-scheme operators
There is a single which comes to thoughts which is remarkable for offered purported "Gold Coins". Millions of Malaysians have been involved in this company's commercial operation of pyramid marketing. Operating from a Hong Kong headquarters, this association has left on to get into all kinds of diversified businesses together with buying up entire building blocks in Petaling Jaya as well as environment up an educational institution in Perak.
It appears like a fables of getting abounding from ill-gotten wealth or if you like, creation authorised businesses from bootleg gains.
Stop it, BN supervision told
The chief architect of a pyramid fraud commercial operation - a Malaysian, who operates on a global arena has even been bestowed with a "Datukship".
The association during a single time parading on-line unde! rneath a name of "Gold Coin" as well as "Gold Quest" as well as "Quest International" has also been plagued with all kinds of law suits as well as adverse broadside in alternative countries for its bootleg activities.
Perhaps domestic celebration large wigs, together with as well as endangered NGOs should dig up a standing of pyramid intrigue operators in a country so which adults have been forewarned as well as a BN-led supervision can be appropriately suggested to take action or account for any oversight.
Having a RM411 million deposit-taking Bestino association to work so distant is already intolerable sufficient for over 6,000 citizens. If alternative nations as well as governments can keep such unlawful as well as pyramid operators protected from their adults there is no reason why a Malaysian BN-led supervision cannot do a same.
Let us put a stop to all these indeterminate scams in Malaysia. The supervision has a dignified obligation to safeguard which it polices a commercial operation landscape as well as nips all such destructive schemes as well as scams whilst a rakyat sojourn vigilant as well as appropriately advised.
Malaysia Chronicle
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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