Chuan Hup Holdings

[Big Toe]

At least for Venture, it is most likely the bankers who convinced the management team to park their mountian of ilding cash to work. Intention on venture's part is good, probably somewhat same as Chuan Hup. Bankers will sell anything and everything at the highest possible price, until it blows up.

I recently had the unfortunate expereince in dealing with a in person business scammer(whom wanted to buy coffeeshops and many other businesses). In any case, I asked him to show me the money and did a background check, so the scam did not work on me. However it did waste some of my time. I found out he did manage to con a number of people in the past, went to jail, came out, resumed his full time job of swindling.

Here is what I noticed.
1. he had charisma
2. he somewhat knows his stuff(but not entirely)
3. he offers a somewhat realistic good deal
4. he dont work alone
5. he somewhat managed to have some 'proof' of his claim, with real hard cash backing it. (this one I cant figure out, probably managed to swindle someone to put out money in his name)
6. he knows it is wrong but continues to do it anyway, probably proud of the fact he managed to pull it off so many times. When exposed he just smiled and laughed it off.

But as the lies get bigger, plenty of loopholes.
I would assume the victims probably noticed it too but choose to ignore them and did bother to do a background check.