FOUR people were hauled to court on Tuesday on charges of being involved in a fraudulent investment scheme in connection with the controversial multi-level marketing firm Sunshine Empire.
Phang Wah, 49, better known as James Phang, his wife, Neo Kuon Huay, 46, Jackie Hoo Choon Cheat, 29, and Yong Wai Hong, 27, face between six and 20 charges each.
As I wrote in Sunshine Empire: Whats next (more than 1 year ago!), the way Sunshine Empire operate isn’t like an investment company. On the blog post itself, the discussions were very serious, almost every of it were discussing about James Phang and his partners, including Sam Mok, which I haven’t read about in the news yet.
If you are a member or investor of Sunshine Empire
Leave them right now, I would suggest. No point staying there and see your money disappear (or has your funds already disappeared?). Make a police report about the scam, if you haven’t got any money you should.
James Phang was caught with porn!
“Phang is also accused of having obscene and uncensored films at his Westwood Avenue home on Nov 13, 2007.”
Sunshine Empire started business
I’ll limit my writings here since I can get sued anytime. and Wish them luck.
If you have any news, please don’t hesitate to update us!