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Island Red Cafe (IRC) is down
February 1, 2010 | With: Sharing is Caring
More than 300 people in Penang went to lodge a report that they have lost over RM 10 million in investments in a cafe chain that is now under probe for conducting unlicensed multilevel marketing schemes.
When people are attracted to such investment, some of them just dump in the modal without giving a second thought. IRC had always give an impression to the public that they are an aggressive and fast-growing company where such number of chain-outlet can be opened in short period of time and also in face few outlets in the same area of residential especially.
For IRC, according to sources, here’s the payback you shall get :
RM 27,600 – RM 79,530
RM 48,300 – RM 141,360
RM 82,800 – RM 246,110
Lesson learned, don’t be too naive and there is NO such thing as “cepat kaya”. Think twice before doing anything.
The probe announced last Friday applied to Steven Corner too which appears to be a SCAM just like IRC.
One of the IRC outlet
And also, the website for IRC2u.com is down too so don’t bother looking at it.
(ps. no food picture for this post as today was a pathetic day of mine except a subway for supper)
Subway for Supper – Red Hot
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