Sunshine Empire Investors Are Supreme Retards!

[clinton666]

The ex-company director, 29-year old Jackie Hoo Choon Cheat was sentenced to seven years' jail.

Sunshine Empire investors are the true supreme retards of the Universe. The warning signs that SE was a scam were so bright, even the blind can see through it. How they can trust their money with someone named Cheat is beyond me

Never trust anyone with names like Cheat, Low (Low Lifes), Seng (riff raff Ah Beng Ah Seng), Tong (triad related) etc..

Sunshine empire trio sentenced, ex-head gets 9 years' jail
By Shaffiq Alkhatib | Posted: 30 July 2010 1219 hrs

SINGAPORE: The head of the now-defunct multi-level marketing firm, Sunshine Empire, 49-year old Phang Wah has been sentenced to nine years' jail and fined $60,000.

He was convicted earlier this month on July 16 for several offences, including running a fraudulent trading company and falsifying accounts.

Phang's 46-year-old wife, Neo Kuon Huay was also fined $60,000 for her involvement in what is believed to be the biggest Ponzi-like scheme in Singapore.

The ex-company director, 29-year old Jackie Hoo Choon Cheat was sentenced to seven years' jail.

Phang and Hoo are each guilty of eight charges related to criminal breach of trust involving nearly a million dollars.

Phang and his spouse are also guilty of six counts of falsifying accounts involving nearly $600,000.

For running a fraudulent business, Phang and Hoo could have been jailed for up to seven years and fined a maximum of $15,000.

And for criminal breach of trust, they could have been jailed for up to 10 years and fined or face life imprisonment.

For falsifying accounts, Phang and Neo could have been jailed for up to seven years and fined.

- CNA/jm

 

[ah_phah]

they didnt find fault with the mother of all ponzi-scheme also known as CPF?

 

[kiss]

do u think stock, commodities, bond and currencies markets are Ponzi scheme ?

Personally, i think it IS !!

 

[Microsoft]

they didnt find fault with the mother of all ponzi-scheme also known as CPF?

CPF de mother...father goes to medisave...tis cnot use tat cnot use n cnot take out till de end of time or end of lee dynasty whichever cum 1st...

 

[Queen Seok Duk]

Never trust anyone with names like Cheat, Low (Low Lifes), Seng (riff raff Ah Beng Ah Seng), Tong (triad related) etc..[/SIZE]

Seng and Tong ? Are you referring to the BBQ MP ?

 

[middaydog]

How they trust someone named Cheat is beyond me

How I click open a thread by Clinton666 is beyond me

 

[clinton666]

Seng and Tong ? Are you referring to the BBQ MP ?

You spastic maggot:oIo:

I am talking about Low Lifes like TK, Sylvia Low, uncouth Ah Seng Goh Meng Seng and Triad Chiam See Tong

So many people have been scammed by them

 

[CheesePie]

Sunshine Empire duo begin jail sentences

Published on Dec 13, 2011

Sunshine Empire's founder James Phang Wah (above) arriving at a district court yesterday to surrender himself and start serving his nine-year sentence. Former director Jackie Hoo also began his seven-year term yesterday. -- PHOTOS: SHIN MIN, LIANHE ZAOBAO

The founder and the former director of marketing company Sunshine Empire on Monday surrendered themselves at a district court to start serving their jail terms for fraud.

James Phang Wah, 51, has been sentenced to nine years behind bars and fined $60,000 after starting the firm, which swindled investors who bought 'lifestyle packages'.

Jackie Hoo Choon Cheat, 31, the company's former director, has been jailed for seven years.

Sunshine was a multi-level marketing company that sold packages promising high returns.

However, the returns were not the result of genuine profits but of funds being recycled from new members.

Phang and Hoo were convicted last year.

Their appeal was dismissed by the High Court last month and the start of their sentences delayed so they could settle their personal and business affairs and spend time with their families.

Read the full story in Tuesday's edition of The Straits Times.
​

 

[Cruxx]

Upz you clintonrothschild666. Sinkies really dumb. Do they really need cheats to write "cheat" on their foreheads?

 

[clinton666]

I am sure Jackie the Cheat has stashed away millions of the poor retarded peasants' hard earned money!

 

[mollusk]

I am sure Jackie the Cheat has stashed away millions of the poor retarded peasants' hard earned money!

Confirm plus chop.

 

[palden]

I think those who contributed to city harvest more retarded la.

The ex-company director, 29-year old Jackie Hoo Choon Cheat was sentenced to seven years' jail.

Sunshine Empire investors are the true supreme retards of the Universe. The warning signs that SE was a scam were so bright, even the blind can see through it. How they can trust their money with someone named Cheat is beyond me

Never trust anyone with names like Cheat, Low (Low Lifes), Seng (riff raff Ah Beng Ah Seng), Tong (triad related) etc..

Sunshine empire trio sentenced, ex-head gets 9 years' jail
By Shaffiq Alkhatib | Posted: 30 July 2010 1219 hrs

SINGAPORE: The head of the now-defunct multi-level marketing firm, Sunshine Empire, 49-year old Phang Wah has been sentenced to nine years' jail and fined $60,000.

He was convicted earlier this month on July 16 for several offences, including running a fraudulent trading company and falsifying accounts.

Phang's 46-year-old wife, Neo Kuon Huay was also fined $60,000 for her involvement in what is believed to be the biggest Ponzi-like scheme in Singapore.

The ex-company director, 29-year old Jackie Hoo Choon Cheat was sentenced to seven years' jail.

Phang and Hoo are each guilty of eight charges related to criminal breach of trust involving nearly a million dollars.

Phang and his spouse are also guilty of six counts of falsifying accounts involving nearly $600,000.

For running a fraudulent business, Phang and Hoo could have been jailed for up to seven years and fined a maximum of $15,000.

And for criminal breach of trust, they could have been jailed for up to 10 years and fined or face life imprisonment.

For falsifying accounts, Phang and Neo could have been jailed for up to seven years and fined.

- CNA/jm

 

[SirRichard]

The ex-company director, 29-year old Jackie Hoo Choon Cheat was sentenced to seven years' jail.

Sunshine Empire investors are the true supreme retards of the Universe. The warning signs that SE was a scam were so bright, even the blind can see through it. How they can trust their money with someone named Cheat is beyond me

Never trust anyone with names like Cheat, Low (Low Lifes), Seng (riff raff Ah Beng Ah Seng), Tong (triad related) etc..

Sunshine empire trio sentenced, ex-head gets 9 years' jail
By Shaffiq Alkhatib | Posted: 30 July 2010 1219 hrs

SINGAPORE: The head of the now-defunct multi-level marketing firm, Sunshine Empire, 49-year old Phang Wah has been sentenced to nine years' jail and fined $60,000.

He was convicted earlier this month on July 16 for several offences, including running a fraudulent trading company and falsifying accounts.

Phang's 46-year-old wife, Neo Kuon Huay was also fined $60,000 for her involvement in what is believed to be the biggest Ponzi-like scheme in Singapore.

The ex-company director, 29-year old Jackie Hoo Choon Cheat was sentenced to seven years' jail.

Phang and Hoo are each guilty of eight charges related to criminal breach of trust involving nearly a million dollars.

Phang and his spouse are also guilty of six counts of falsifying accounts involving nearly $600,000.

For running a fraudulent business, Phang and Hoo could have been jailed for up to seven years and fined a maximum of $15,000.

And for criminal breach of trust, they could have been jailed for up to 10 years and fined or face life imprisonment.

For falsifying accounts, Phang and Neo could have been jailed for up to seven years and fined.

- CNA/jm

Govt should be harsher to these offenders - 9 years only!!! After discounting good behaviour, the punishment is short, no where near to the agony those victims suffered.

Yes, the victims are at fault too for not being careful but heck, everyone wants to invest and have a better life, that's doesn't mean it's ok for these people to con !

disappointing!!!

 

[drifter]

[video=youtube;1oNQ9WFVWxY]http://www.youtube.com/watch?v=1oNQ9WFVWxY[/video]

 

[drifter]

lets see how they brainwashed those greedy ppl and make them invest in their company the video sibey ah beng whahaahah ...low class .

[video=youtube;czf1yupWj3o]http://www.youtube.com/watch?v=czf1yupWj3o&feature=related[/video]

 

[LumparChee]

lets see how they brainwashed those greedy ppl and make them invest in their company the video sibey ah beng whahaahah ...low class .

[video=youtube;czf1yupWj3o]http://www.youtube.com/watch?v=czf1yupWj3o&feature=related[/video]

All these sales representatives probably got their parents and relatives to invest. Followed by their friends.
I pity them, really. Now the money all gone, they sure go into hiding.

 

[GoldenDragon]

Govt should be harsher to these offenders - 9 years only!!! After discounting good behaviour, the punishment is short, no where near to the agony those victims suffered.

Yes, the victims are at fault too for not being careful but heck, everyone wants to invest and have a better life, that's doesn't mean it's ok for these people to con !

disappointing!!!

Imho, they should be caned. Period. Some white collar crimes inflict more 'injury' than physical injury.