My Club 88: Scam or Legit?

Is My Club 88 legitimate or a scam? Self-dubbed “The Newest and Cheapest Online Business Club in the Philippines,” My Club 88 offers people the opportunity to earn from endorsements with a capital of as low as P88 only.

One of its members claims that My Club 88 sent P1,600 for recruiting only 4 persons in just 3 days. That’s equivalent to a daily income of P533.

The member said that the four downlines, among them Overseas Filipino Workers (OFW) in the Middle East, were able to recruit at least 200 new members, which makes it apparent that the club does business with a networking scheme.

According to the offer sheet that’s spreading across social networking site Facebook, My Club 88 is owned and managed by BULCYM Marketing Company founded on October 27, 2012 and claims to be registered with the Department of Trade and Industry with registration number 01844397.

The club claims it has affiliate companies that include 4life Research and Development, Lyoness, 9.0 NINER IELTS Review Center, Gapuz Review Center, Philamlife, Canadian and Australian Immigration Specialists, ELITE English Learning Institute, RCS Travel and Tours, RIS Graphics Advertising, JSB Talent and Workshop, SM Global Pinoy & SM E-plus.

Based on such details, the business club, the official website of which is yet to be launched on Maundy Thursday, sounds legit. However, the club offers its members earnings, benefits and perks that are apparently “too good to be true,” a sign of a possible scam.

The following is the announcement that’s making rounds on Facebook:

“Calling all STUDENTS, NURSES, SKILLED WORKERS, PROFESSIONALS and UNEMPLOYED!!!!

Join MYCLUB88 "The Newest and Cheapest Online Business Club in the Philippines!

BE A MEMBER for 88php ONLY and GET FREE 88 EBOOKS and FREE Career Assessment to Canada and Australia (Save 1,000php) (send your resume to myclub88marketing@yahoo.com)

5 days to go to operate! Become one of the pioneers and turn your 8php to 8million in 10-12months ONLY!!!!

MyClub88 is looking for 1 Senior Stockists and 4 Junior Stockists from LUZON, VISAYAS and Mindanao who will be part owners of the company. They will also be in charge of the distribution of MyClub88 Activation Codes to members.

NO FORCED SELLING, NO QUOTA, NO PRESSURE!

Our Website 1st Major Operation will be on March 28, 2013. Over 300 pioneers are already registered and interested stockists will be positioned on top as their uplines.

www.myclub88.biz (official website-to be launch)
www.myclub88.yerl.org (online registration form)

WANTED: COMPANY PART OWNERS/Stockists
1 SAMA (Senior Authorized MyClub88 Agent)- 26,664php-(Return of Investment 1-2months
Potential Profit - 60k in 2months
Area: WHOLE LUZON or VISAYAS or MINDANAO

Inclusions:
318 MyClub88 activation Codes-save 1320php
(1 activation code is equivalent to 88php)
FREE Holiday Package for 2 adults and 2 kids in Boracay or Palawan
FREE Career Assessment to Canada and Australia
FREE Accident Insurance Coverage
FREE SM E-Plus
Automatic Downlines
PLUS Company Share on top of their earnings

Function:
Official Distributor of MyClub88 activation codes to 8 JAMA in Luzon or Visayas or Mindanao

4 JAMA (Junior Authorized MyClub88 Agent)- 8,888php (Return of Investment 1 month)
Potential Profit - 20k in 1 month ONLY

Inclusions:
105 MyClub88 activation Codes-save 352php
FREE Holiday Package in Boracay or Palawan (1 person)
FREE Career Assessment to Canada and Australia
FREE Accident Insurance Coverage
FREE SM E-Plus
Automatic Downlines
PLUS Company Share on top of their earnings

Function:
Official Distributor of MyClub88 activation codes to regular members in Luzon or Visayas or Mindanao.

Affiliated Companies:
4life Research and Development, Lyoness, 9.0 NINER IELTS Review Center, Gapuz Review Center, Philamlife, Canadian and Australian Immigration Specialists, ELITE English Learning Institute, RCS Travel and Tours, RIS Graphics Advertising,JSB Talent and Workshop, SM Global Pinoy & SM E-plus

For as low as 88 pesos one time membership fee you can avail our FREE benefits, perks and services on top of your earnings.

FREE Worldwide Job and Immigration Opportunities Seminar
FREE Cellphone (SAMSUNG Galaxy Note or IPhone 4S)
FREE Laptop (Macbook Pro)
Free Online English Tutorial (6-12yr. old child of members)
FREE IELTS Review
FREE Civil Exam Review
FREE LET Review (Final Coaching
FREE NCLEX Review (Final Coaching)
Pangkabuhayan Showcase
Travel Incentive (Asian Tour for 2)
Car Incentive
AVAIL Student Loan a.k.a Tuition Fee Loan w/o Collateral (1k-50k)
AVAIL Personal Loan w/o collateral (1k-500k)
Show Money Assistance w/o interest

*certain requirements should be reached to to avail the services, benefits and perks.

What is MyClub88?

MyClub88 is a group of business minded youths originating in Metro Davao. An intellectual organization transpired to improve research works and provide alternatives in approaching educational issues with new ways of examining educational practices.

MyClub88 is owned and managed by BULCYM Marketing Company. It was founded on October 27, 2012 (Pre Launch) with DTI #01844397. MyClub88 in nature is not about direct selling, it is basically an endorsement-based or an online recommendation marketing business.

Our advocacy is focus on learning, and so its various programs involve fundraising to provide physical facilities and learning resources for schools, linking with other agencies to provide outreach program for unprivileged students, and supporting professional development for teachers. Indeed, MyClub88 is not just an ordinary online business club in the Philippines, it is PRO Education WORK at HOME and Make Money using Facebook and other social networking sites LEGITIMATELY. JOIN THE CLUB NOW and DISCOVER how 88php can change your life!

LOW RISK INVESTMENT=HIGH and FAST INCOME
For inquiries: Please contact 09199665558
LIMITED SLOTS ONLY!”

DISCLAIMER: This site does not endorse the club nor encourages people to invest with them.