MLM Sunshine Empire went down

Have you bought their package? If you did, better check with your upline what's going on with this MLM company. Think its has gone with the wind with your investment.

The company, which used to occupy a seventh-storey unit at the HDB Hub in Toa Payoh, is no longer there. In its place is another company called Niu Lifestyle, which was registered on 20 Mar this year. However, the corporate websites of Sunshine Empire, which is still under investigation by the authorities, are still online, although details of its supposed property ventures have since been taken down.

In October last year, there has been media reports about the Sunshine Empire's unsupported claims of grandiose investments in water theme parks in Malaysia and a wireless broadband project in Taiwan. How come on one came to it sense about this MLM company? Only in November, when it was reported that the company was under investigation by the Commercial Affairs Department (CAD), than people start worring about their investment. Guess its too late. Many were told that no withdrawl is possible as all accounts were frozen and there was no cash available.

The Monetary Association of Singapore (MAS) had already warn the public by putting Sunshine Empire on its investor alert list on its website last year. The police are still investigating Sunshine Empire. The Consumers Association of Singapore had earlier cautioned participants against transferring their money to Hong Kong, as it would put their investment outside Singapore's jurisdiction.