Island Red Cafe and similar is a scam?

Today’s I read some interesting post at igongkia.com claim that Island Red Cafe is a scam.

Here are some excerpt from their site :

I believe you guys heard of it. Island Red Cafe or IRC. Somehow, this may be new for those don’t know what am I talking about. Actually, IRC is somekind of restaurant cafe that established in Malaysia on 2007. IRC can be as simply as a cafe for strangers but actually they are doing some MLM business to lure peoples to invest in their company to open more and more cafes within Malaysia with high return.

Example – Invest 1 unit = RM 6,600 + RM 300 (agreement) = RM 6,900.
Then you’ll get RM 100 meal vouchers every month
+ RM 300 cash every month.

By right, it’s attractive for peoples to invest right ? Who doesn’t want to make money and invest at high return in a short period of time? money make money is the best but do you know that it’s a trap and you’re trapped by it strategy ?

Investors are complaining that they stopped receive meal vouchers and cash payouts, adding that they had not been able to contact any of the company’s management.

A: Eh, seems like Alot of IRC. I think we can go for a try.
B: Yeah , of coz. Alot of ($$$),I Really Conned by them. So you still wanna give it a try ?

The morale of the story, invest in the right place at the right time. You can be a millionaire in someday, but if you invest wrongly, today definately will become poor.

Afterall, this is the top 10 scams in Malaysia

1) The Cafe Scams – Island Red Cafe & Stevens Corner
2) Sunshine Empire
3) MOBILWALLET
4) Water businesses …

Read the full article here : http://www.igongkia.com/current-events/top-scam/