Exposing the fraudulent behavior of Thien Ngoc Minh Uy facility in Thai Hoa town

DNUM_BFZAEZCABG 14:05

(Baonghean.vn) -Studying the information provided by the Competition Management Department (Ministry of Industry and Trade) to recognize the signs of unreliable multi-level marketing companies; comparing with what has been heard and seen in Thai Hoa town, we see that it is time for law enforcement agencies to intervene.

After the case of the “dirty” multi-level marketing Lien Ket Viet was discovered and handled by law enforcement agencies, the Competition Management Department has provided information so that all people can correctly recognize multi-level marketing activities, and the signs of unreliable multi-level marketing companies. (The Competition Management Department’s website currently still has the article “Basic awareness of multi-level marketing activities” posted on March 4, 2016).

Những cảnh báo của Cục Quản lý cạnh tranh (Bộ Công thương) cho người dân biết về doanh nghiệp đa cấp không đáng tin cậy đăng trên trang Website.
Warnings from the Competition Management Department (Ministry of Industry and Trade) to inform people about unreliable multi-level marketing businesses posted on the website.

Accordingly, a trustworthy multi-level marketing business must first of all be a business that actually sells. That is, the basic activities of that business must be sales and consumption of goods, not recruitment and investment attraction activities... A genuine multi-level marketing business that properly performs the sales function must meet the basic criteria of having good products; training good distributors; focusing mainly on sales, not on recruitment.

The Competition Management Department has given 5 signs to identify unreliable multi-level marketing businesses. Firstly, if the business only focuses on organizing recruitment sessions without organizing sales training for distributors, then you must be careful;

Second, when recruiting, businesses need to be careful in different ways to get participants to buy products or pay money. Illegal multi-level marketing businesses only exist thanks to the money that new members spend to buy products. The company makes a profit from this money and also uses this money to pay commissions to those who recruit. Such businesses will not survive when they cannot recruit more people or when the recruited people do not buy products, because they do not focus on sales, and do not have a source of revenue from the consumption of goods;

Third, businesses that promise attractive profits are also not trustworthy. Because multi-level marketing is just a form of selling and distributing goods, not a form of investment, therefore, there is only real income if the goods are actually sold and the people introduced by the seller sell the goods;

Fourth, businesses that do not have good products are also unreliable businesses. Because the nature of multi-level marketing is to introduce and share good quality products to sell those products to consumers. Thus, if the product is not good, there is nothing to introduce and share, and therefore it will be difficult to sell products and difficult to earn commissions.

Fifth, businesses that do not focus on sales and product consumption are not trustworthy. Because multi-level marketing is a form of sales. Therefore, a business called a multi-level marketing business but does not focus on sales and product consumption cannot survive for long.

Phó trưởng Phòng kinh tế TX. Thái Hòa Lê Sâm: “UBND TX. Thái Hòa đã từng kiểm tra, phát hiện vi phạm và xử phạt đối với cơ sở Giang Hoàng Phúc”.
Deputy Head of Economic Department of Thai Hoa Town Le Sam: "The People's Committee of Thai Hoa Town has inspected, detected violations and punished Giang Hoang Phuc facility."

According to the 5 signs given by the Competition Management Department, the activities at the Hoang Giang Phuc facility in Thai Hoa Town of the multi-level company Thien Ngoc Minh Uy have "unclear" features.

First, this facility offers attractive baits for members to entice new people to join their “chain”. For example, the former Chairman of the Fatherland Front of Nghia Trung Commune, Mr. Cao Van Tho, led 4 people to join and was appointed “Deputy Head of Business Department” to enjoy 42% of the profits from the codes of himself and those in the “chain”.

Second, this facility offers attractive baits for those who believe in “selling the core, peeling the bones” to pay as much money as possible to them. For example, Ms. Nguyen Thi Huong paid up to 245 million VND; Ms. Dinh Thi Thuyen paid over 39 million VND; Mr. Cao Van Tho paid 127 million VND, Ms. NTT paid 114.2 million VND... These people, although granted the card of “sales specialist” or “Deputy Sales Manager”... but in reality do not sell; or to be more precise, their goods are their money, or the people they have lured.

Third, this facility offers completely unreliable benefits to lure people to join its members. Regarding unreliable information, the current Chairman of the Fatherland Front of Nghia Trung commune, Mr. Dinh Trong Tai, analyzed completely correctly. While the bank interest rate is about 0.9% / month, no form of business has a profit of more than 25% / month. That can only be illegal business, or fraud. And regarding the offering of benefits, not only those who have "fallen into the trap" have spoken out, but the owner of the facility, Tran Van Cuong, also admitted when talking with Ms. Nguyen Thi Huong and Ms. Dinh Thi Thuyen.

Sản phẩm hàng hóa nồi cơm điện, bếp hồng ngoại của cơ sở Giang Hoàng Phúc TX. Thái Hòa mà một số thành viên lấy về sử dụng hiệu Madein China, kém chất lượng (người trong ảnh là chị Nguyễn Thị Hương).
The rice cookers and infrared cookers of Giang Hoang Phuc facility in Thai Hoa town that some members took for use were of Madein China brand and of poor quality (the person in the photo is Ms. Nguyen Thi Huong).

Fourthly, in terms of goods, the multi-level Thien Ngoc Minh Uy Hoang Giang Phuc facility in Thai Hoa Town offers a product package including health care and a package of rice cookers, infrared cookers, and ozone machines. Regarding health care products, this facility was once inspected by the People's Committee of Thai Hoa Town and discovered that the staff performed services (massage, acupressure, etc.) but did not have a practice certificate as prescribed; the business provided massage but did not ensure the conditions of facilities... Regarding the products of rice cookers, infrared cookers... as witnessed at Ms. Nguyen Thi Huong's house, all the products were labeled Made in China and were of poor quality.

Fifth, this company does not focus on sales. The evidence is that all the “sales staff”, including the “Deputy Sales Manager”, do not sell products.

Furthermore, the investigation confirmed that this facility had many violations of the law. That is, it did not provide training for members participating in multi-level marketing but issued multi-level marketing membership cards to members.

Không đào tạo nhưng vẫn cấp chứng chỉ; và sử dụng để đối phó cơ quan chức năng khi bị kiểm tra. Hành vi này là vi phạm pháp luật.
Not providing training but still issuing certificates; and using them to deal with authorities when being inspected. This is one of the illegal acts of Thien Ngoc Minh Uy Company.

In addition, there are signs of defrauding state agencies by providing false information and documents. Specifically, the authorities keep many "Basic training certificates on multi-level marketing" that this facility added when it was inspected. The authorities have investigated and many people named in them have admitted that they have never been trained.

And a basic principle in business is that buying goods and paying always go hand in hand. Here, Hoang Giang Phuc facility offers a “pie in the sky” profit to sell goods, collect money but do not deliver the goods. For those who are pessimistic, or promise, or “once you sign for the goods, there is no way to pay; for those who are knowledgeable, or have social relationships, and know how to rely on the law, this facility must accept to return the money but still withhold 10% with the reason of “company regulations” and “compensation for management costs, rent, administration, paperwork…”. With this content, frankly speaking, it is a fraudulent act.

Finally, the pressing issues among the people created by the Hoang Giang Phuc TX. Thai Hoa facility of the multi-level marketing company Thien Ngoc Minh Uy have existed for a long time. Therefore, it is time for law enforcement agencies to step in!

Nhat Lan

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Exposing the fraudulent behavior of Thien Ngoc Minh Uy facility in Thai Hoa town
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