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Old 23-02-2007, 09:38 PM   #4 (permalink)
Calis
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Join Date: Nov 2006
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Default Re: Scams never pays!

I would like to bring to those who have intentions to go into investments, partnerships in any business or into Network Marketing that due diligence (background research of company and shareholders/directors/owners of the business) is a very important process to go through to avoid being scammed, conned or getting into a very bad deal.

By investing a very small amount ($5-10) to check on the backgrounds and a bit of time to visit & observe the persons/company, you'll save yourself lots of trouble and pain at a later stage. It's pretty much easy from the ACRA business registration records to see if it's an empty shell company or the person(s) has less than trust-worthy record.

As in any investments, it's not wise to pour in the money when you're worked up with hype & enthusiasm. Take time to calm down, analyse the situation and conduct due diligence before considering whether is it beneficial to take any position.

If there are any offers or proposals which sound or seem it's too good to be true, trust your instincts to take the more conservative stand and check it out first. Most times, it turns out to be true or not what it seems to be as presented.

It doesn't apply to the MLM industry only. It's applies to any and all businesses.


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