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Forumers have found photos of Jarrod Luo with Sam Mok, who is the Managing Director of Sunshine Empire.
In one photo, Jarrod Luo is pictured side by side Sam Mok, and wearing a tag, with a Forwin88.com image in the background. Forwin88.com is believed to be a splinter of Sunshine Empire.
About Sunshine Empire
It is not known if Jarrod Luo had been an active multilevel marketer at Sunshine Empire. Jarrod Luo is estimated to have joined the SDP after Sunshine Empire is investigated by the authorities. Could his SDP membership be a result of his discontent with how the authorities clamped down on Sunshine Empire?
Sunshine Empire is a defunct company, with all assets frozen by the Singapore Government. The Founder and CEO are currently on trial for running fraudulent trades and investment schemes.
It was set up in 2006 as a Multi Level Marketing (MLM) company, based Singapore.
The company is listed by the Singapore Government's Monetary Authority in its Investor's Alert List, for possibly running investment schemes without authority.
Following months of investigation by the Commercial Affairs Department of the Singapore Police, Sunshine Empire's Directors will appear on trial at Singapore's Subordinate Courts in March 2009 for falsifying accounts, making false capital declarations and running a fraudulent trade.
The company had gathered up to S$189 million in funds through investment schemes, alleged to have never materialised and in fact a Ponzi scheme. Initial trial revealed that over S$115m were paid out as 'investment returns', while another S$40m were transferred to associates as 'interest free loans' and the remaining believed to have been expended or paid out to directors as fees.
We believe that Jarrod Luo had a name change or rather adopted an English name after Sunshine Empire got into trouble.
Repeated attempts of contacting Jarrod Luo have not been successful. At least Sheng Siong responded with a rejection. Jarrod Luo didn't even reply.