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James Phang Wah
James Phang Wah, born 1961, is a convicted felon currently serving a jail term. Before his arrest and conviction, he was the founder and "international president" of the now-defunct multi-level marketing firm, Sunshine Empire, an unlicensed 'investment' company that was in fact a Ponzi scheme.
==Controversial claims==
During media interviews, Phang described himself as a legend and 'better than Warren Buffett'. However, his name has never appeared on the List of Singaporeans by net worth, which lists all the billionaires and millionaires in Singapore. It is also not known whether James Phang Wah has met Warren Buffett. In addition, Phang also claimed to have over one million students worldwide and to control more than US$300 million (S$439 million) in assets. Before his arrest and conviction, Phang emphasised that he 'would not harm anyone and my businesses are legal'. He also claimed that in his seminars, his loyal participants would also shout "Father, I love you!".〔('I'm a legend - better than Warren Buffett' )〕
As Phang's name did not appear on ''Singapore's 40 Richest'' list from Forbes in 2007〔(Singapore's 40 Richest Forbes list 2007 )〕 and 2008, his claims to personal success and wealth is therefore highly improbable.〔(Singapore's 40 Richest Forbes list 2008 )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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