Tuesday, June 03, 2008
The guys at Hardware Zone forum exposed several blogs started by agents of Sunshine Empire, a company that is under investigation by the Commercial Affairs Department. These blogs were quickly shut down or made private by their owners but you can still view screenshots of some of them in this thread here.
Sunshine Empire was placed on the Monetary Authority of Singapore's (MAS) investor alert list and Malaysia's Securities Commission alert list. It is alleged that the company's business model is of a Ponzi Scheme or a Pyramid Scheme.
Posted by I.Z. Reloaded at 5:14 PM
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