2007-09-14 18:04:00 · 6 answers · asked by skj 1 in Travel ➔ Asia Pacific ➔ Malaysia
My impression is that they were a scam. They were not registered in Switzerland. The Swiss embassy says it was obvious that this company used the term "Swiss" in an illegal and fraudulent way to attract customers. The Securities Commission of Malaysia says they were operating illegally in Malaysia. No one can honestly offer rates that high. Use your common sense. They were a scam.
Like most High Yield Investment Programs (HYIP), they have disappeared after taking in a lot of people's money. Of course you can find a lot of websites with names like Swisscash24.com claiming to be the original. If you want to lose more money, invest with them.
See the links below:
Sources:
http://www.eda.admin.ch/eda/en/home/reps/asia/vsgp/ref_bufor/bussgp/sinpub.html
http://www.bnm.gov.my/index.php?ch=8&pg=14&ac=1299
http://www.worldlawdirect.com/article/1934/Swiss_Cash___Swiss_Mutual_Fund_1948_scam.html
2007-09-15 01:24:24 · answer #1 · answered by Anonymous · 2⤊ 0⤋
As far as i know the website has been taken off because it is illegal...you might want to try contact through another source. Many has been cheated of their money, i'm not sure you can get it back...
2007-09-15 03:15:49 · answer #2 · answered by daniel*wm 6 · 1⤊ 0⤋
Advisable to go to the local branch of a swiss bank!
2007-09-15 01:53:11 · answer #3 · answered by Sami V 7 · 0⤊ 0⤋
Withdrawing ? withdrawing what?
2007-09-15 09:11:29 · answer #4 · answered by new_once 5 · 1⤊ 0⤋
Its a SCAM! Don't get involved with it...
2007-09-15 01:09:47 · answer #5 · answered by Anonymous · 2⤊ 0⤋
it's been closed long time ago...
2007-09-16 20:53:10 · answer #6 · answered by ★ yaya ★ 7 · 0⤊ 0⤋