[SHARE] The Story Behind These Dubious Billboards Of 'Future Richest Man In The World'

A similar billboard has been erected in Kulai, Johor.

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The company’s ads on the Internet tell people that they can earn big money and drive fancy cars without having to work. It also boasts of creating millionaires around the world. By merely investing RM300, investors are guaranteed an income of between RM2,700 and RM6,800 per month – without lifting a finger.

Victims are attracted to the scheme as it promised them luxury cars and cash within a short period. According to an ad placed by the company, a member has to pay RM300 to sign up. For every member he recruits, he will be paid RM50 per person until the sixth level. Beyond the sixth level, the member will have to top up his membership fee to a maximum of RM30,000 to continue enjoying the benefits.

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Members are also promised stock returns through e-shares and luxury items, including BMW cars, through lucky draws when they reached a certain stage of recruitment.

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The Chinese Embassy here says the company has been banned in China and its 26-year-old founder has been hauled up by police there five times. The man has now moved his operations to this part of the world, and his face has been appearing in giant billboards promoting his get-rich-quick scheme.

A check on several Chinese websites showed that netizens in China have posted the excerpt of an article on the top 10 MLM cases from the websites of China’s Public Security Bureau and the State Administration for Industry and Commerce, citing that the operator of a Yun Shu Mao website was coercing fees from downliners who would receive huge rewards in return.

The article reported that Chinese authorities said the scheme had expanded to 28 provinces involving 190,000 people and that in August last year, police in eight provinces detained 33 persons involved in the scheme. Chinese laws prohibit any individual or company from carrying out multi-level marketing or pyramid schemes in the country.

The ad was put up by 26-year-old Chinese national Zhang Jian, who claimed to be China’s youngest self-made millionaire with his Yun Shu Mao business empire, which sells thousands of low-priced goods.

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Zhang reportedly earned the titles of “China’s Ten Most Influential Person Award’, “China Most Successful Entrepreneurs Award” and “The Future Richest Man”.

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Zhang had also attracted controversy over his business dealings. It was reported in January this year that a get-rich-quick scam operated by a Chinese national in his mid 20s had cheated some RM20 million from 10,000 people in the country.

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DSAM president Frederick Ng said the company was not registered with them and they have no knowledge whatsoever of its business. The company, he added, has created a perception that it was a direct selling company but it is not a legitimate company in Multi-Level Marketing (MLM).

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According to DSAM president Frederick Ng, the complaints had been forwarded to the Domestic Trade, Cooperatives and Cons­umerism Ministry. “The information in the company’s website seems to give the impression that it was operating a multi-level marketing scheme. However, the company is not a registered member of DSAM,” said Ng.

"After looking at the Yu Shu Mao website, we strongly believe that this company does not direct sell its product to earn its revenue," he said at a press conference here today which was also attended by MCA Public Services and Complaints Department head Datuk Seri Michael Chong.

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Reporters covering a function were cautioned that “something bad” could happen to them over their negative reports about a self-proclaimed “youngest self-made millionaire” from China.

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A female worker of the Chinese national insinuated about the repercussions when approached by a journalist, alluding to members of a company operated by the businessman, Zhang Jian.

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The function at Zhang Jian’s office at Setia Walk in Jalan Puchong this morning was held to protest accusations that his business was nothing more than a get-rich-quick scheme, according to a Facebook posting linked to him.

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“Our members are good people, but we also have not-so-good ones among them who may be offended by the reports,” she said. About 200 of its members turned up this morning, although 1,500 people were initially expected.

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At the same press conference yesterday, MCA’s Public Services and Complaints Department head Datuk Seri Michael Chong urged people to conduct their own due diligence. “It was reported that he (Zhang) is being investigated and on the radar of Chinese authorities,” said Chong, who also took to task certain quarters for using the Zhang controversy to tarnish MCA’s image by circulating photographs of Zhang taken together with some MCA leaders.

A prominent billboard showing a businessman Zhang Jian from China, put up near the Penang Bridge toll plaza here, will be brought down following a police report and a complaint to the Seberang Prai Municipal Council (MPSP).

MPSP councillor Michael Tan said the council received a complaint from the public who made a police report on the content of the billboard. “We served notice to the billboard owner on June 18 to bring it down. “The owner is supposed to bring down the billboard within 44 days from the date the notice was served,” he said.

An officer from the MPSP Licensing Department, who wished to remain anonymous, said the advertisement must be removed as it had nothing to do with local Malaysian content.
“We also don’t allow listings and advertising of multi-level marketing programmes.”

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