Offshore Investment Scheme hits Singapore

Quote
An investment scam that has been making the rounds in Malaysia has hit Singapore, too. Known as SwissCash or Swiss Mutual Fund, it promises huge returns for a minimum investment of US$1,000 ($1,500).
unquote
Source: http://www.todayonline.com/articles/167644.asp

In actual fact, the minimum investment in SwissCash is USD100.00 and not USD1,000.00

One have to read and analyse the news report with other independent sources and not swallow everything as the truth. So far the scam has no association with SwissCash. It was an old news in Malaysia and Singapore reporter is making it as a new report but with full of inaccuracies. The scam was involving Union Bank of Swiss and not SwissCash; see the reliable report at Sun2surf report.

So this report is false and misleading the public http://www.todayonline.com/articles/167644.asp
Quote
In Malaysia, about 40 investors are believed to have fallen prey to the scam. According to reports, eight men are helping police in their investigations into alleged cheating of about RM20 million ($8.7 million) through the Swiss Cash fund, in October last year. Unquote

That is an obvious deception by misquoting from unreliable sources. The Star Online dated 4-10-2006 http://thestar.com.my/news/story.asp...816&sec=nation

But the following day 5-10-2006, they have clarified with another report it was related to Union Bank of Swiss but never apologize to SwissCash.

http://thestar.com.my/news/story.asp...288&sec=nation

SwissCash Investment Program in a Nut shell!

Overview of SwissCash Offshore Investment Program

SwissCash Financial Facility ; 5-income Plans

SwissCash:200% Profit; 10% Referral Commission,10% Revenue, 10% Matching Bonus & 0.10% Daily Profit Payout!!

Guaranteed By Swiss Mutual Fund (1948) S.A.

Generate THE BEST GLOBAL ONLINE INCOME and Financial Management from SwissCash :

1.SwissCash Financial Plan (SIP)
200% Profit from your investment or re-investment.
Rationale : If you have a capital of USD1,000 to run a business as a shareholder, it will be possible to get a return with USD2,000 profits (accumulated in 15 months). Imagine everyday you gain net profit of USD30 and total of USD900 by the end of the month. After paying the first month profit to shareholder at 10% =USD100, you still gain Net Profit USD800.

24 Hours Online Investment.
Average 20% profits for 15 months.
Minimum investment is USD100.
Maximum investment is USD100,000.
Opening Account Fee = USD30

If more than USD100K, can open up to 3 accounts
Return profit in every month (30 days).
PAID EVERY 30 DAYS.

Scheduled of return from first month until 15 months.
1-3 months = 10% profit
4-6 months = 15% profit
7-9 months = 20% profit
10-12 months = 25% profit
13- 15 months = 30% profit.

Example :
Your investment in January 2007 is USD1000.00
Opening account = USD30.00
Total investment + Opening account = USD1030.00
Date of activation on 23 January 2007
Date of first return will be on 22 February 2007

Your return profit or monthly received payment will be as follows:
1. 22 February 2007 – USD1000.00 x 10% = USD100
2. 22 March 2007 – USD1000.00 x 10% = USD100
3. 22 April 2007 – USD1000.00 x 10% = USD100
4. 22 May 2007 – USD1000.00 x 15% = USD150
5. 22 June 2007 – USD1000.00 x 15% = USD150
6. 22 July 2007 – USD1000.00 x 15% = USD150
7. 22 August 2007 – USD1000.00 x 20% = USD200
8. 22 September 2007 – USD1000.00 x 20% = USD200
9. 22 October 2007 – USD1000.00 x 20% = USD200
10. 22 November 2007 – USD1000.00 x 25% = USD250
11. 22 December 2007 – USD1000.00 x 25% = USD250
12. 22 January 2008 – USD1000.00 x 25% = USD250
13. 22 February 2008 – USD1000.00 x 30% = USD300
14. 22 March 2008 – USD1000.00 x 30% = USD300
15. 22 April 2008 – USD1000.00 x 30% = USD300
Total Accumulated – USD3,000.00
less USD1,000
= USD2,000 Nett Gain

2.SwissCash Affiliate Plan (SAP)
10% Commission from your directly sponsored Investors. (one time payment instantly to your account)

3.SwissCash Revenue Plan (SRP)
10% Revenue from Monthly Progress Profit (SIP) from Your Total No Of Directly Sponsored Investors continuously every month.
Rationale :
It is the same concept payment of royalties whereby every time the client buy or use your product/services, you will gain that royalties.

4.SwissCash Financial Plan (SFP)
10% Bonus Payout when total investment of your left group and right group match at USD10,000 interval. e.g. left group =USD10,000 and right group =USD10,000. You will entitle for USD1,000 BONUS!!!.If matching at USD20,000, the bonus will be USD2,000
It will be paid on every 5th day of the following calendar month.

5.Daily Profit Payout or Daily Interest Payout (DIP)
An investor who maintains an investment of USD1, 000 will enjoy DIP benefit at 0.10% daily.
You can start with minimum investment of USD100 + USD30 (Opening Account) = USD130 BUT only entitle to ENJOY 200% Profit in 450 Days and potential spillover downline from time to time from your referrer.

To enjoy the SAP, SRP, SFP and DIP or ALL THE ABOVE BENEFITS, you have to invest at least USD1000 or accumulated to USD1000.

All 5-income plans to generate money FOR YOU. Take this great opportunity.