209 articles
Forbes reports that the FTC warned 16 MLM companies about coronavirus-related fraud. The regulatory action highlights concerns about misleading health claims in the direct-selling sector. Malaysian consumers should be cautious of any MLM claims involving health products and verify regulatory approvals through KPDN or relevant authorities.
The Edge Malaysia reports that Hai-O's first-quarter profit fell 30 percent due to lower MLM contribution. This decline reflects challenges facing the direct-selling segment during the reporting period. Before investing in or purchasing from any MLM company, verify its financial stability and regulatory standing with KPDN.
Utusan Borneo reports that no license has been issued for Fingo to operate an MLM business online. According to the report, the company is not authorized to conduct direct-selling activities through digital channels. Consumers should verify that any MLM or direct-selling company in Malaysia holds a valid KPDN license before participating.
DayakDaily reports that KPDNHEP is investigating a China-based eCommerce company for alleged involvement in a pyramid scheme. The regulatory probe examines whether the company's business model violates direct-selling regulations. Consumers should verify that any online business they join holds proper KPDN authorization and operates transparently.
Travel Weekly Asia reports that thousands of travelers were stranded at an airport as a result of a tour scam. The incident highlights the risks associated with fraudulent travel and tourism schemes. Consumers should purchase travel services only from verified, licensed operators and avoid unsolicited offers from unregistered sellers.
The New Indian Express reports that a QNET scam victim died by suicide in Hyderabad, while the company's management has denied the allegations. The incident underscores serious concerns about the company's business practices and impact on participants. Consumers should thoroughly research any MLM company's reputation and regulatory history before committing financially.
AsiaOne reports on how MLMs operate in Singapore and identifies five red flags consumers should watch for. Understanding warning signs helps Malaysian readers critically evaluate direct-selling opportunities. Before joining any direct-selling company, verify it holds appropriate regulatory approval and check its track record.
Herbalife Nutrition Survey Reveals 8 In 10 Asia Pacific Consumers Strive for Healthier Breakfasts, But Majority Still Make Breakfast Decisions Based on Convenience - PR Newswire APAC PR Newswire Asia
NST Online reports that the NPRA has recalled a traditional Chinese medicine product due to high mercury content detected during testing. Consumers should verify that health products comply with NPRA safety standards. Always check product registration with NPRA before purchasing health or nutritional items.
QNet Scam: Cyberabad Police Issue Notices to Shah Rukh Khan, Anil Kapoor, Jackie Shroff, Boman Irani, Vivek Oberoi & Yuvraj Singh Among 500 Others Moneylife
The News Minute reports that Shahrukh Khan and other Bollywood actors received legal notices for endorsing QNet, which faces scam allegations. Celebrity endorsements do not guarantee company legitimacy. Before trusting company marketing, verify regulatory status and research background through official channels.
Sinar Harian reports that a criminal syndicate is offering training courses that employ MLM techniques. Training programs promising quick profits through recruitment should raise immediate concerns. Before enrolling in any course, verify the provider's legitimacy and research independent reviews.