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Investment Plans On Net Set Off
Alarm
By Rosli Abidin Yahya
Bandar Seri
Begawan - Locals have been advised to exercise extreme care
when participating in. investment plans through the Internet,
especially those that promise high returns of 200 per cent within 15
months, as they look suspiciously like a pyramid scheme.
A businessman made this observation
after he was introduced by his friends to the plan. "I studied the
scheme and found that the plan generates return by acquiring new
investors.
"It is also based on their funds to
pay the earlier investors."Eventually, there will not be enough
returns to go around, and the scheme would unravel," he told the
Bulletin.
He said that so far and since more
than a year ago, the scheme has not gone bust yet and it has been able
to pay accordingly, due to the large number of participants worldwide.
"As the number of investors gets
bigger, the scheme needs a much bigger draw to be able to live up, to
its promise. "However, as in other pyramid schemes, it would one day
go bust if it cannot recruit enough new investors to pay the old
ones," he added.
Apart from enabling investors to earn
200 per cent profit within 15 months, it also has fixed monthly
returns, which make the total returns add up to 300 per cent after the
capital is paid back within eight months.
The amount needed for investments is
between US$] 00 and US$5million.
He advised Bruneians to invest in
safe investment schemes instead, so that they would not regret it
later. -- Courtesy of Borneo
Bulletin
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