Retiree lost $90,000 to Ponzi scheme of Sunshine Empire

Sunshine Empire founder James Phang is now facing new charges in Malaysia. — Sunshine Empire founder James Phang is now facing new charges in Malaysia.PHOTO: SHIN MIN DAILY NEWS

Published

14 min ago

The authorities could recover only $21m out of nearly $190m lost when it collapsed 10 years ago

Retiree lost $90,000 to Ponzi scheme of Sunshine Empire

Sunshine Empire founder James Phang is now facing new charges in Malaysia. — Sunshine Empire founder James Phang is now facing new charges in Malaysia.PHOTO: SHIN MIN DAILY NEWS

Published

14 min ago

The authorities could recover only $21m out of nearly $190m lost when it collapsed 10 years ago

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