Singaporeans are lucky people. Once in a while a guru emerges among us to make us all rich. This time it is the Sunshine Empire investment scheme. A friend who attended one of their presentations told me the company claims that for an investment of $12K, you will get $1000 back every month for the next 8 years. Wow that is a blockbuster return of 700% over a period of 8 years. No wonder its International President, James Phang told the Straits Times he is better than Warren Buffett, with returns like that, he makes Warren Buffett look like a real financial whimp!
"We have entered an era whereby imagination is much more important than knowledge and creativity, much more effective than productivity..."-James Phang
"I see. So the road to riches is to sell imaginery profits to ignorant lazy people" - Lucky Tan
So how many Singaporeans have invested in Sunshine Empire? The last count is 20,000. At a minimum of $12K a piece we are talking about at least $240M of Singaporeans' hardearned money sunk into this fantastic venture.You can find many Singaporeans on the web/blogs promoting this investment. This intelligent woman called Irene Rexlee is one of them. I guess she has figured out how underwater hotels can be built. Here is an extract from her blog which is known as Irene Rexlee's Online Business Secrets:
.. If Sunshine Empire was a scam,
..Would Singapore’s office continually be situated at HDB Hub (Government building)?
..Wouldn’t Singapore’s efficient law and order bodies take action?
..Would Singapore Tourism Board welcome Sunshine Empire International Merchants to Singapore at the airport?
See Sunshine Empire is not a scam because it is located at HDB Hub (gee I didn't know that HDB hub tenants have to take an integrity test)....our authorities have taken no action (except MAS blacklisting it on its Investor Alert List)...and the Singapore Tourism Board welcome its members (like it did the 4 million tourists that visited Singapore last year). ...another blogger called Low Hang Wei also has a few very unique reasons for making investments in Sunshine Empire.
Given there are about 1 million families in Singapore, 20000 investors is roughly 1 in every 50 families....taking part in this investment scheme. Singapore is efficiently governed by the rule of law. If more than 5 people assembly to give out pamplets on freedom & democracy, the police will arrive in 10 minutes to protect our society from those harmful ideas. This investment scheme has been in operation for months simply cannot be illegal because if it harms our citizens in anyway, I'm sure our vigilant authorities will apply the rule of law to protect Singaporeans.