Get rich or get duped? Giant billboards promoting scheme not what they seem

Get rich or get duped? Giant billboards promoting scheme not what they seem
Billboard boast: Motorists passing one of the billboards on the Penang Bridge proclaiming Zhang Jian as the future's richest person.

PETALING JAYA - Why is a "successful" businessman with such a huge and vast market like China coming to a small market like Malaysia?

The Chinese Embassy here says the company has been banned in China and its 26-year-old founder has been hauled up by police there five times.

The man has now moved his operations to this part of the world, and his face has been appearing in giant billboards promoting his get-rich-quick scheme.

The company's ads on the Internet tell people that they can earn big money and drive fancy cars without having to work. It also boasts of creating millionaires around the world.

By merely investing RM300 (S$117), investors are guaranteed an income of between RM2,700 and RM6,800 per month - without lifting a finger.

Police sources believed there could be criminal elements in the scheme, which falls under the jurisdiction of Bank Negara.

A check on several Chinese websites showed that netizens in China have posted the excerpt of an article on the top 10 MLM cases from the websites of China's Public Security Bureau and the State Administration for Industry and Commerce, citing that the operator of a Yun Shu Mao website was coercing fees from downliners who would receive huge rewards in return.

The article reported that Chinese authorities said the scheme had expanded to 28 provinces involving 190,000 people and that in August last year, police in eight provinces detained 33 persons involved in the scheme.

Chinese laws prohibit any individual or company from carrying out multi-level marketing or pyramid schemes in the country.

Other netizens also claimed that the founder of Yun Shu Mao changed his name to Zhang Jian and had since fled to Malaysia.

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