Sunshine Empire pair jailed

By Straits Times Interactive - SINGAPORE

THE flamboyant founder of Sunshine Empire, who amassed $180 million in 15 months, and his former director were jailed by a court on Friday for running a fraudulent scheme and for faking accounts.

James Phang Wah, 50, and former director Jackie Hoo Choon Cheat, 30, had enriched themselves by at least $8 million through Sunshine’s multi-level marketing scheme.

This entry was posted on Friday, July 30th, 2010 at 6:22 am and is filed under Latest News, News Singapore. You can follow any responses to this entry through the RSS 2.0 feed.

Leave a Reply

You must be logged in to post a comment.

RSS Il Sole 24 ORE – Norme e Tributi

  • Guida pratica agli investimentinel Sole 24 Ore di lunedì 22/05/2010
    Guida pratica agli investimentiE' difficile investire in sicurezza? In teoria no, perché il mercato finanziario offre una grande varietà di strumenti che rispond... […]
  • Usa: «Le intercettazioni in Italia essenziali per le indagini di mafia» 22/05/2010
    In serata la replica del ministro Alfano: «Piena intesa con Washington, nel ddl garantito il diritto ad una informazione ufficiale e trasparente». Montezemolo si schiera con gli editori. L'ipotesi della fiducia avanzata dal relatore, Centaro... […]
  • Passo lento per l'esame del ddl anticorruzione 21/05/2010
    Procede a passo lento l'esame del ddl anticorruzione al Senato. Il colpo d'acceleratore annunciato le scorse settimane dalla maggioranza non c'è stato. Ieri ha preso il via la... […]
    Nicoletta Cottone
  • L'abc del decreto incentivi 20/05/2010
    Dalle bici a pedalata assistita alle cucine, dalle gru ai battelli lacustri tutti gli incentivi previsti dalla normativa e le informazioni per chiederli... […]
    Claudio Tucci
  • L'abc del nuovo codice della strada 20/05/2010
    È salito a 63 articoli il ddl sulla sicurezza stradale, all'esame della Commissione Trasporti della Camera. Palazzo Madama ha riscritto molte norme, dai seggiolini per i bambini in... […]
    Claudio Tucci

RSS BBC News – US & Canada

  • Obama announces US infrastructure plan 06/09/2010
    President Obama has announced plans to spend tens of billions of dollars on a huge infrastructure project to create jobs and boost confidence in the American economy. […]
  • Obama unveils $50bn building plan 06/09/2010
    President Barack Obama announces a $50bn infrastructure plan as part of efforts to jump-start the faltering US economy. […]
  • Travolta extortion case dismissed 06/09/2010
    Charges against two people accused of trying to extort money from actor John Travolta, following the death of his son in the Bahamas, are dropped. […]
  • Zero tolerance? 06/09/2010
    US Muslims are free but that's not enough, argues Michael Goldfarb […]
  • Hokey Cokey world record bid 06/09/2010
    They put their right feet in, they put their right feet out and broke the world Hokey Cokey record. […]

RSS BBC News – Europe

  • BA boss reveals takeover ambition 06/09/2010
    British Airways and Iberia draw up a shortlist of 12 airlines which the firms hope to buy or merge with. […]
  • Moldova vote on president 'fails' 06/09/2010
    Moldova's prime minister acknowledges that a referendum to make presidents directly elected has failed to gain enough voters. […]
  • German nuclear reactors to stay 06/09/2010
    Politicians and industrialists in Berlin have agreed to extend the life of Germany's nuclear power stations - some of them until 2030 and beyond. […]
  • Cloak and dagger 06/09/2010
    How the BBC learned that Eta was calling a ceasefire […]
  • Germany extends nuclear lifespan 05/09/2010
    Germany's government agrees to extend the life span of the country's nuclear power plants by an average of 12 years, officials say. […]

RSS Unknown Feed