Snake Oil for sale

[Arcachon]

https://www.youtube.com/watch?v=YshiZ0L0I0M

Wednesday, October 29, 2014 - 09:51
Royce Tan
The Star/Asia News Network
BANGKOK - Chinese national Zhang Jian, the self-proclaimed "future richest man in the world", has been arrested in Thailand.

According to Thailand daily The Nation, he was arrested by local police over a pyramid scheme that reportedly duped people in China and Malaysia out of 6 billion bhat (S$235 million) and 3 billion bhat (S$117 million) respectively.

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Police are looking for Thais who may have been caught in the scheme, which was launched in June.

They also seized assets from the three worth 240 million bhat (S$9.4 million) in total.

The daily also reported that Bangkok police arrested Song Miqui, 37, and Wang Wenfang, 29, at a condominium in Pathumwan on Monday and seized cash in various currencies worth nearly 1 million bhat (S$39,000) in total, five Phuket land sale contracts worth 22.3 million bhat (S$874,000) two Phuket land title deeds, Wang's bank account with 1.5 million bhat (S$58,000) in it, and the suspects' Thai ID cards.

Photo Gallery:
Self-proclaimed 'richest man' arrested for cheating many people
Click on thumbnail to view photos. Source:
Internet screengrabs, The Star/Asia News Network

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[Arcachon]

Chinese national Zhang Jian, the self-proclaimed "future richest man in the world", made numerous attempts to bribe police officers who raided his villa and arrested him in Phuket, Thailand, reported The China Press.
Zhang was said to have openly offered several police officers money when they found more than RM50mil (S$19 million) in cash, jewellery, land deeds and bank accounts during the raid.
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His huge living area consists of two villas pompously decorated like a palace, and a huge swimming pool surrounded by golden palm trees on a 0.4ha garden.
There was a safe as big as a refrigerator to keep his valuables inside the villa, estimated to hold some 200mil baht (S$730,000).
Zhang was said to be calm when the police arrived, but later became uncooperative, questioning why the officers were arresting him.
He offered money to the officers several times, but no one entertained him.
When he realised Interpol officers were present, his attitude changed for the better.
However, he was bundled away with his wife, Yoyo Wang Wenfang, 29, and his aide.
According to Thai newspaper Manager Daily, Zhang, who founded the controversial YSLM multi-level marketing outfit, was arrested by police over a pyramid scheme that reportedly duped people in China and Malaysia of nine billion baht.
It added that the valuables found inside the villa were just the "tip of the iceberg".
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