248 articles
No store, not MLM: Taiwan supplement brand Jerôsse to expand in Singapore, Malaysia with novel distributor model NutraIngredients.com
AsiaOne reported that jade stone scams on TikTok have resulted in victims losing at least $95,000 in Singapore. Malaysian consumers should exercise caution with high-value product purchases from social media and verify seller legitimacy and product authenticity.
Borneo Post addresses the widespread problem of modern-day scams affecting consumers. The article discusses various fraudulent schemes currently targeting the public. Malaysians should remain cautious of unsolicited offers, verify business legitimacy through official channels, and report suspected fraud to authorities.
Moneylife reported that the ED (Enforcement Directorate) has frozen 36 bank accounts connected to Vihaan Direct Selling as part of a money laundering investigation. Consumers should verify direct-selling company licensing and regulatory clearance with KPDN before participation.
The Malaysian Reserve reported that a direct selling company was fined RM100,000 for operating without a license. Consumers should always verify that a direct-selling company holds a valid KPDN license before purchasing or joining.
State-Journal reports that QNET addressed misinformation about scam allegations while hosting its annual convention, which attracted more than 15,000 attendees. Malaysian consumers should always verify a direct-selling company's KPDN registration and review independent consumer feedback before making purchasing decisions.
KPDNHEP has seized assets including BMW and Mercedes-Benz vehicles in enforcement action against a pyramid scheme operation. The seizure was reported by funtasticko.net. Verify the legitimacy of direct-selling companies through KPDNHEP's official registry before participation.
Sinar Harian reported that luxury vehicles and nearly RM1 million in cash were seized in a pyramid scheme case. Consumers should be wary of schemes promising quick wealth and verify company legitimacy with KPDN before involvement.
Bernama reported that seven individuals were arrested and luxury vehicles along with nearly RM1 million in cash were seized in a pyramid scheme case. Consumers should verify that any direct-selling opportunity is registered with KPDN and avoid schemes promising unrealistic returns.
Free Malaysia Today warned consumers to avoid falling for home-cleaning advertisement scams that circulate in Malaysia. Verify the legitimacy of businesses before responding to unsolicited offers and always check KPDN records for properly licensed direct-selling companies.
MalaysiaGazette reports that Malaysia's direct-selling industry recorded revenue of RM25.7 billion. The figure demonstrates the scale of economic activity in the sector. Malaysian consumers engaging with direct-selling companies should always verify the company holds a valid KPDN license before purchasing.
Kosmo Digital reported that Malaysia's direct sales industry ranks 6th globally. Consumers should ensure any direct-selling company they engage with is properly licensed by KPDN and operates in compliance with Malaysian regulations.