anyone know latest infos after JP inside Singapore Jail?

He is on bail with his passport compound.
Jail he is not.

and did he use members money to get bailled...

There are various ways to get rich, 'get scammed and scam other people' is one of them. It's up to the individuals whether they choose the path or not... Just like bank/jewelry robbers, they have their own 'way' to get rich too...

Hopefully, people can control their greedy...

5th june The Star biz section SBW12(page 12)
Sunshine Empire fined Rm2million, charged under section 25(1) of the banking and financial institutions act 1989,pleaded guilty to accepting deposit without a valid license at the Kuala Lumpur session court in thursday. bank negara said in a statement that the company pleaded guilty to two charges if accepting deposits without a valid licence. the company represented by director Mohd Azlan Azman was Fined RM1million for each charge.


i saw this news today and i search in google about sunshine empire and found a closed threat in this forum about sunshine empire http://forum.lowyat.net/topic/457168. when i read back all previous post it's funny but it also a good lesson to learn. So i would like to share with everybody here.

Sunshine Empire head jailed

SUNSHINE Empire kingpin James Phang Wah, 50, painted as a cunning and unscrupulous swindler by the court, was jailed nine years and fined $60,000 for masterminding Singapore's biggest Ponzi scheme.

He was described by the court as a man with no 'principles, scruples and morals' for running a fraudulent company that amassed over $180 million and for faking accounts.

District Judge Jasvender Kaur described his multi-level marketing scheme as a 'premeditated, sustained, sophisticated fraud on a large scale' which no 'unsuspecting mind could have easily seen through'.

Thousands who signed up will likely get little or nothing, as only $21 million has been seized by the authorities.

Only those who invested in the early months of the scheme made some returns, noted Judge Kaur.

Sunshine's bosses knew the scheme 'would go the the wall', yet Phang and the company's former director Jackie Hoo Choon Cheat helped themselves to millions.

http://www.straitstimes.com/BreakingNews/S...ory_559812.html

What about GRI? Anyone know about this?

Aha, finally...Justice. But still those victims will not get their hard earned money back. Too bad.

GRI is also by the same people. So stay away from it. Maybe MLM has spun from this Sunshine Empire. I know alot about Sunshine. If you have any queries, I may be able to help you. I have been following their steps closely. Padam muka James Phang. Wakaka.