Malaysia's latest MLM rankings

The latest MLM list in Malaysia: MBI Group. MBI Group takes game financing MFC as a cover, and its operation mode conforms to the characteristics of Ponzi scheme, such as attracting people, investing money and developing offline, and is characterized as pyramid selling by the public security and industrial and commercial departments.

MBI has set up an "MFC Game Finance Platform" on the Internet, which has turned "easy money" (also known as GRC and M coins) into "virtual money". Through online shopping malls, offline business transactions, etc. , the circulation of "easy currency", and then through the form of holding seminars, publicly publicize the lies such as investing in "virtual currency". The number and investment of development offline are presented in the form of tokens, and participants form a huge pyramid network, the essence of which is the Ponzi scheme of "eat first and then use".

Extended data

MBI's modus operandi:

(1) To join this organization, you need to pay an admission fee ranging from 100 to 5,000 dollars, and you will be eligible if you pay the membership fee.

(2) Develop the hierarchical relationship of personnel by pulling people's heads. Although the organization is called static and dynamic, from the perspective of its system design, dynamic recruitment is the only channel for it to absorb new funds.

(3) Take multi-level compensation through advertising bonus, entertainment bonus and game bonus.

Through the bonus system for the organization:

(1) Develop personnel and form a network. The organizer of MLM promises that as long as participants pay money to join and then develop others to join, they will get high "returns" or "rewards". This is commonly known as "development offline". It is also possible to further develop the downline, form a hierarchical relationship between downline and downline, and form a "personnel chain" of pyramid schemes.

(2) Calculate and pay remuneration by the number of participants who develop directly and indirectly, that is, calculate and pay remuneration by the number of participants who develop directly and indirectly, forming a "money chain" of pyramid selling; According to the offline sales performance (sales) directly and indirectly developed by the participants themselves, the remuneration is calculated and paid, forming a "money chain" of pyramid schemes.

References:

China News Network-China Embassy in Malaysia issued a statement on the MBI money game case.

References:

China Economic Net -MLM Agency issued seven kinds of MLM trap warnings aiming at the main police of investors.

References:

Baidu encyclopedia-enbiai group