Another pyramid scam that so called a secret disclosed from AmBank internal staff. I’m lazy to translate it from Malay to English, thus i provide you the link to the site : http://all4webs.com/e/d/smartsaving/

How do i determine this is scam?

1. The don’t even have a proper website, it is running on a free web service. How genuine are they?

2. Clearly, this image from their site has illustrated how the pyramid works.

3. The above is just a “Plan A Saving Plan”. Two more plans from them if you read through their site. No matter how they change the plan, you still can see it is a pyramid model.

Think carefully before you start saving with them!