Direct selling company fined RM100,000 for operating without licence
The Malaysian Reserve reports that a direct-selling company has been fined RM100,000 for operating without a license. Consumers must verify that any direct-selling company holds a valid KPDN license before purchasing products or joining.
This summary is based on reporting from The Malaysian Reserve. Read the original article for full context.
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Man admits to torturing woman, 19, to death in Singapore; her brother and their MLM coach facing murder charge
The Star reports that a man has admitted to torturing a 19-year-old woman to death in Singapore, while her brother and their MLM coach face murder charges. This case highlights serious criminal risks associated with certain direct-selling operations. Malaysian consumers should verify that any MLM company they engage with holds proper KPDN licensing and maintains transparent business practices.
The Insane Tale of a Billionaire MLM Swindler Who Just Got Arrested in Indonesia
Vice.com reports on the arrest of a billionaire MLM swindler in Indonesia, detailing an elaborate fraud scheme. Malaysians should remain vigilant against high-yield investment promises and verify the legitimacy of any direct-selling or investment opportunity through official regulatory channels.
Licence revoked for 91 MLM companies
NST Online reports that licences have been revoked for 91 MLM companies. Malaysian consumers should always verify that any direct-selling company holds a valid KPDN license before joining or purchasing products.