Tag: multi-level marketing

  • MLM Company: Work 10 Hours A Week From Home, Earn $4000

    MLM Company: Work 10 Hours A Week From Home, Earn $4000

    <Credits: cyhlalala>

    So I’m trying to sleep but can’t because I am seriously disturbed. I went to an Amway meeting earlier today, after someone approached me with a “business opportunity”. I immediately suspected that something was off, so I came into the meeting skeptical and even secretly took some videos.

    They drew a pyramid scheme model during the presentation and tried to argue that it isn’t; they talked about income earners as Employees/Self-employed/Business owners/Investora and tried to argue that everyone in Amway is a business owner… the saddest part is that all these uni kids who have been brainwashed into thinking that they’re business owners are actually the very employees that they dissed on in their presentation. No, they’re worse actually, they’re the product.

    There were quite a few attendees to the meeting, many of whom were students. One was even a business student… while I’m sure some of them caught on as the seriously dodgy Amway videos were being played, I noticed the majority were already being lured in. After the meeting, there was a chat session with the upline (the person who recruited you), and some of the clueless participants were expressing intense interest. A few more families are gonna be ruined and I really wish I had just shouted out to everyone that it was basically a scam.

    I did try to argue with several of the uplines after the meeting was over. It went smth like this:

    “How is this not MLM?” “Do you know what the Singaporean law defines as MLM? If not, you should do your homework and come talk to us again. But basically, MLMs require a large startup cost, but Amway doesn’t have that.” “But in order to join this business, I have to pay a subscribers fee and buy all my household products from Amway instead right?” “Yes, but the subscribers fee is only $70. Also, you need household products anyway, so it’s not a real cost”
    After this point, they just kept repeating smth along the lines of “Ok, I can explain to you in detail, but it will take very long. Why don’t you come for the next meeting and we can explain further?”

    Also, at the end of the presentation, the presenter stated that we can earn $4000 a month for working from home 10 hours a week. Of course, they didn’t state that that’s only possible when you have a shit ton of downlines. In fact they framed it in a way like as if that’s the starting pay when you join

    What really made me sick was when they had a bunch of people go up and give testimonies, saying how their “mentor” helped so much with their life and transformed them into better people. Three around the words “integrity”, “honesty”, etc no less than 30 times. This is probably the closest to Scientology that I will experience in Singapore. It was like Christian Fellowship except the God is money and the Bible are the complete bullshit fluffass books written by the successful Amway “businessmen”. And instead of trying to do good, they’re trying to frame “scamming your friends and family” as good.

    TL;DR: Witnessed first hand Amway’s recruiting tactics. Please be skeptical if anyone ever tells you about a “business opportunity”. If you hear “Amway” or see someone draw you a pyramid diagram, run.

    Source: www.allsingaporestuff.com

  • MUIS Advisory on Multi-Level Marketing

    unnamed

    Background

    1. Muis is currently monitoring the emerging concerns on commercial transactions in the form of multi-level marketing (hereupon MLM), specifically within the Singapore context. We have also received questions on the Islamic position on such transactions.

    Islamic Position on Multi-level Marketing

    1. In addressing this issue, Muis refers to our scholarly traditions in laying down the general guidelines for all MLM transactions. Muslims who would like to participate in MLM transactions should ensure that such transactions adhere to the following elements:
      i) Participants must participate willingly, and are not coerced or pressured into becoming a member or an agent.The Prophet (s.a.w) stated in a hadith: It is unlawful to benefit from a property of a Muslim, except on the basis of willingness (Al-Baihaqi).
      ii) Transactions must include products that are of tangible and inherent value, and which the product benefits are independent from the MLM scheme. The price paid should thus be appropriate for the products transacted, and not something one would normally not buy at that price. In Islam, transactions which involve products that have no tangible value are considered Bay’ Gharar or ambiguous transactions.
      iii) Products involved should also be permissible from the legal and Islamic aspects (halal). The Prophet (s.a.w) said; If Allah makes something unlawful, He makes its sale unlawful (Abu Dawud).
      iv) Bonuses and incentives received by all parties involved in the scheme should be made known and agreed upon by all members and agents.The Prophet (s.a.w) has also exhorted Muslims to strictly adhere to truthfulness in business transactions. “…and if both the parties spoke the truth and described the defects and qualities [of the goods], then they would be blessed in their transaction, and if they told lies or hid something, then the blessings of their transaction would be lost (Bukhari).Hence all conditions pertaining to a transaction must be clearly specified and clarified upfront.
    2. Muslims should also be cautious of the following:
      i) Schemes that involve promising its members payment or services primarily through enrolling other people into the schemes, rather than supplying any real investment or sale of products or services.
      ii) Schemes that will collapse in the long-run, hence causing later participants to lose their upfront payments. Those who are most vulnerable are those towards the bottom of the pyramid, where it becomes nearly impossible to recruit new members required to pay off the previous layer of recruiters.
      iii) There is a compulsory purchase of goods and services, or required investment whether in the form of a joining fee or buying inventory, as a requirement before one is entitled to the bonuses and benefits offered in the scheme.
      iv) Elements of manipulation, exploitation, injustice, unfairness and deceit.
      v) Elements that contradict what have been underscored in the shari’ah with regard to commercial transactions.

     

    galaxytrioscam

    Legal Prohibition

    1. In Singapore, the Ministry of Trade and Industry administers the Multi-Level Marketing and Pyramid Selling (Prohibition) Act. Any MLM activities will thus be governed by this Act. The products offered will also be subjected to all prevailing laws of Singapore. There are exclusions to this Act, and they are captured in the revised Multi-Level Marketing and Pyramid Selling (Excluded Schemes and Arrangements) Order.

    Conclusion

    1. Muis would thus like to advise Muslims who are considering participating in any investment schemes to be cautious and to observe the abovementioned guidelines. They should also ensure that they do not contradict any religious principles or the law of the land prior to joining any schemes.

    OFFICE OF THE MUFTI
    ISLAMIC RELIGIOUS COUNCIL OF SINGAPORE

    10 April 2014

     

    Sumber: MUIS

     

    Read other related stories on Multi-level Marketing (MLM):

    – Melayu Singapura Senang Terpedaya Dengan Skim Cepat Kaya ‘Galaxy Trio’