Millionire At 20,Billionaire At 28?. Is He Really That Hot?

Hantu Laut

Millionaire when he was barely 20. Set up an investment fund called Wyndon Group now worth in excess of US$1 billion.No tweet? Fine.No website? Strange.Right place,right time, right people.....ouch! my foot!

Yes! right people with most disgustingly wasteful habit.

An international investment company with portfolio of US$1 billion may not be big worldwide but big enough for Malaysia.It has no website which means it is not interested in expanding or canvassing its business from the general public.From portfolio investment switched to private equity.

Smart!.Private equity is much more difficult to check as against listed portfolio investment which is much more transparent.

There is absolutely nothing on the Wyndon Group on the Internet except the interview with the Star newspaper.

Low states that his Wyndon Group is registered and headquartered in the British Virgin Island (BVI).On checking with the British Virgin Islands Financial Services Commission (BVIFSC), a regulatory body responsible for regulating all financial services business operating in and from within the BVI, no such company can be found under all categories of financial services.Wyndon does not exist on their registry. Maybe, Low should be more specific and give more details of his company's registration and under which British Virgin Island's authority it was registered.

While many other tax havens have bad reputation of being used by unsavoury characters to cheat and launder money, the BVI has managed to keep a clean slate and weeded out the crooks.It would issue advisory warning if any company falsely claimed to be under their jurisdiction like the few examples below.

	VIP BANK, INC. - Advisory Warning No. 3 of 2010 121 Views :: Advisory Warnings
The Commission wishes to inform the public that VIP BANK, INC., is not incorporated or registered in the British Virgin Islands or licensed to carry on financial services business in or from within the Territory.

Golden Gate Education Ltd., Golden Gate Ltd., FinancerzWorld - Advisory Warning No. 24 of 2009
5496 Views :: Advisory Warnings

The FSC wishes to inform the public that Golden Gate Education Ltd., also operating as Golden Gate Ltd. and FinancerzWorld, is not licensed to carry on financial services business in or from within the Territory. Members of the public are therefore advised to exercise extreme caution in conducting any transactions with Golden Gate Education Ltd., also operating as Golden Gate Ltd. and FinancerzWorld.

BVI is a tax haven and one do not need substantive local presence to conduct business from there as long as you are legally registered.If you are a company providing financial services than you have to be registered and authorised by BVIFSC to conduct your business in or from within BVI.

There are two Virgin Islands, one under the British and the other under US jurisdiction.Low definitely confirmed his company was registered and domicile in BVI.

It makes one wonder if the Star reporter that interviewed him asked him for a copy of his company's prospectus just for curiosity sake or bothered to check whether such company actually exists before going to print.Can't say much about the standard of journalism in this country. Just print anything without doing background check. Sorry! I forgot there is a difference between a reporter and a journalist, or is there? Well, journalists sound more glorified than reporters although they do exactly the same job, reporting.

Low is also good at dodging questions.Since the Star reporter is hardly a "Hard Talk" stuff the answer below is what he gets to his question.

Q: What were the best stocks you invested in?

A: The funny thing is, when I was in university, I wrote a couple of articles for the Wharton journal. Some recommendations turned out well, some were terrible. Wharton educates you to look at a diverse portfolio. At the end of the day, it was about returns and diversification.

Any one who understand English would easily conclude that is not exactly the answer to the question.Do I need to go to Wharton to know about returns and diversification?

What about his stock recommendations, the good and the terrible ones? I don't know about the good ones but I know this one was a disaster.Those who bought big on his recommendation would have lost their pants.Maybe, Low can point us to the good ones where he and his customers made tons of money.

Would you give your money to a person who mixes with people who blow their money like there is no tomorrow? Would you ?

A picture paints a thousand words.The picture tells a different story.

"For me, we all work very hard. Of course, we have a disadvantage where at our age, people may perceive it differently. At the end of the day, I run my investors’ money prudently. I generate returns for them. I am not an excessive person but I do have my breaks for relaxation with friends."

Q: All this publicity, has it helped or hindered you?

A: A lot of people have talked to me about it and if it will affect my business because some of my investors are from Islamic countries. Firstly, an important key point is trust. If you don’t trust me, you won’t trust me to invest in me. Second, it is a gross exaggeration of facts. Third, with the amount media attention, although it has been very challenging on me, it is through this rising above from challenges that we learn to better ourselves, so I decided that it was an opportune time to come out and state the facts.

Good try my friend.Very profound indeed.

All those money you and your friends burned on the wild champagne parties were provided by Muslims from Islamic countries.That's why they need you as the front man, the fall guy.

More Wild Parties, Down The Champagne With The Pussies

Hantu Laut




















More than 800 million people go to bed hungry every day, 300 million are children.














These children live in the worst imaginable conditions - in overcrowded shacks with dirt floors and no running water or electricity. They play in alleyways covered with sewage and trash. Their parents are often too poor or too ill to keep them fed.



















There is no money for food and rarely a chance for these children to see a doctor when they are sick. Something as simple as an ear infection can cause deafness; a cold can lead to pneumonia... and even death.



















A child dies every three seconds from AIDS and extreme poverty, often before their fifth birthday.



















Entire villages and communities are being wiped out by diseases that are living in dirty water.



















Children are dying in huge numbers.These numbers are so big that they cannot begin to comprehend them - they are just statistics !




















While million of children have no food to eat and no roof over their heads in poor stricken countries in Africa and Asia million of dollars are wasted on splashing expensive champagne in one night of orgy of fun and sex.

Money that came out of mother earth's womb deep beneath the earth's surface.Money that is so easy to get it has lost its intrinsic value.Money that gave the crooked and the corrupted absolute power.

A story from one poor African

“I know poverty because poverty was there before I was born and it has become part of life like the blood through my veins. Poverty is not going empty for a single day and getting something to eat the next day. Poverty is going empty with no hope for the future. Poverty is getting nobody to feel your pain and poverty is when your dreams go in vain because nobody is there to help you. Poverty is watching your mothers, fathers, brothers and sisters die in pain and in sorrow just because they couldn't get something to eat. Poverty is hearing your grandmothers and grandfathers cry out to death to come take them because they are tired of this world. Poverty is watching your own children and grandchildren die in your arms but there is nothing you can do. Poverty is watching your children and grandchildren share tears in their deepest sleep. Poverty is suffering from HIV/AIDS and dying a shameful death but nobody seems to care". " Poverty is when you hide your face and wish nobody could see you just because you feel less than a human being. Poverty is when you dream of bread and fish you never see in the day light. Poverty is when people accuse you and prosecute you for no fault of yours but who is there to say some for you? Poverty is when the hopes of your fathers and grandfathers just vanish within a blink of an eye. I know poverty and I know poverty just like I know my father's name. Poverty never sleeps. Poverty works all day and night. Poverty never takes a holiday" (One Poor African)

God must be blind!

What I wrote

Mr Big Spender's Duel in "Who Is Richer", Spending Other People's Money

Now, from the horses's mouth here.

Mr Big Spender's Duel in "Who Is Richer", Spending Other People's Money

Hantu Laut

The heat is on who could spend more on downing bottles of Cristal champagne in one night of orgasmic drinking spree in the slimy world of the filthy rich and famous.

Now, our Mr Big Spender has roped in his brother to help spend the money he couldn't spend fast enough, rumoured to be courtesy of the royal household of the Al-Nahyan family of Abu Dhabi whose sons went to the same university as Mr Big Spender.His other mates at Wharton was rumoured to be Najib's son.

Is he the front man and Mr Fixer for his rich friends? That may soon change when his very rich friends decide to trade places with him.See the movie "Trading Places" starring Dan Aykroyd and Eddie Murphy and you would get my drift.



Zhen Low, the younger brother of Mr Big Spender Jho Low was involved in a competition with Winston Fisher, a New York property developer to see who could order more bottles of Cristal champagne.They two tycoons spent a staggering 1.8 million pound sterling in one night display of exhibited wealth.



















Cherubic Jho Low and Winston Fisher were having a whale of a time pouring their money down the gutter to impress the girls.Paris Hilton former boyfriend Doug Reinhart who happened to be in town gave up after spending on 4 gigantic bottles, no match for our new free spending Malaysian billionaire.

Scene at the Les Caves du Roy nightclub in St Tropez.






















































The princes ?







































Even Joan Collins who came to town felt poor and humbled by our "Maggie Mee" billionaire.



















More images here.

Mr Big Spender "Buy Enron" Stock Pick Disaster

Hantu Laut

If you have listened to the kid in the year 2000 and invested heavily in his stock pick you would have lost your pants and probably committed harakiri.It would not just be diminution of your investment with probable recovery in the future, it would be total loss and your scrip as good as the toilet paper.

This globe trotting playboy/financier to many big international companies who appeared from nowhere but the woodwork has become instant celebrity not for his brains but his prodigal spending habit.As an investment and financial analyst he certainly is not top notch.As a playboy, I am not sure, whether he screws any of the Hollywood stars and starlets or just waste his money to be seen with them.Well, it is not too difficult to convince a dumb blonde as long as you pay.

Is he really the financial whiz-kid that his promoters claimed him to be? If so, why hasn't he appeared in the media as an accomplished international financial/investment adviser working with top notch investment company?

Read Teak Jho Lo's stock pick in June 2000 while still as undergraduate student at Wharton and guess which company he picked?

Stock Picks

Enron boasts top growth

Taek Jho Low, WH '04

Issue date: 11/6/00 Section: Undergraduate

Traditionally considered a natural gas pipeline company, Enron’s core business is now the management of price risk in fast-growing and deregulating commodity markets. The risk merchant franchise accounts for 75 percent of operating income and is growing at a 30 percent–40 percent annual rate. The company has the No. 1 market share in the relatively mature $80 billion U.S. natural gas market, is No. 1 in the $235 billion U.S. electricity market, opened in 1996 and rapidly growing. And it is a leader in related energy commodities, such as coal, pollution emissions, and weather hedges. Enron also has first-mover advantage in the $270 billion European market, opened in February 1999, where it is already profitable and has seen volume grow tenfold. Enron grows by expanding into new geographies and new commodities. It also successfully uses new tools; for example, I expect Enron will solidify its market position using the Internet.

Deregulation of commodity markets creates price volatility, which must be managed. Enron has successfully done this in gas and now power on a global basis. Seventy-five percent of the growth opportunity is ahead of Enron — in energy alone, an $800 billion global market opportunity.

The value of the bandwidth commodity market will be determined in 2000/2001. The ultimate potential of this market, with significantly greater “top-line” growth than energy, could exceed the energy commodity market by 2005. Enron is a leader targeting the bandwidth commodity opportunity.

Enron is also a first mover into new commodities and geographies with its risk merchant strategy. As a result, it earns the highest margins, about three times those of its nearest competitor.

My 12-month price target of $100 projects an energy franchise value of $60 per share, coupled with $40 in share value for bandwidth.

Enron is not without its risks. Whether ENE is a $60 or a $100 stock in 12 months depends, in my view, on the successful commercialization of the bandwidth commodity market. Technological and standardization issues increase the risks that this newest commodity market will not successfully develop.

Source:Wharton Journal

A year later the Enron's scandal exploded.

Creative and crooked accounting using inflated revenues, inflated assets and a spruced-up balance sheet cheated investors into believeing they are investing in the greatest blue chip ever.Enron declared bankruptcy in 2001.It shares which peaked at $90 went to zero.

Enron has become history and Teak Jho Lo has become Mr Big Spender.

Mr Big Spender must have been only 17 or 18 years old then.

A true child prodigy or a stupid front man?

Would not the Pejabat Hasil Dalam Negeri, the FBI, the CIA be interested where his money came from?

Who Is Jho Lo, The Real Malay Whale ?

Hantu Laut

Now that Rocky Bru has decided to break the story about the mystery Malaysian man who took New York nightclubbing scene by storm I would like to share in the "need to know" who this whiz-kid is as no one seemed to have ever heard of him.

I heard of Jho Lo about 6 months ago and his social scenes with some famous Hollywood starlets and ostentatious display of wealth that even the rich and famous in America would shy away from.

The guy may not have the looks but he certainly has style.The thing is everywhere he goes he claimed his close relationship with Najib and wife Rosmah. How far this is true only the Prime Minister can answer. Jho Lo may be a name dropper?

Read what the blogs have to say about him.

The Jho Lo Files:A Real Malay Whale

Throughout the summer, rumors started spreading that a mystery man had been showing up at New York's hottest nightclubs and spending ridiculous amounts of money. One story even had him rolling into Avenue during fashion week and spending $160,000 in one night. As soon as the rumors began, rival clubs owners began working the phones, hoping to either add fuel to the fire or put it out because the big spender from Asia was extremely press shy. If news of his spending got out, the unlucky club owner named in the story would lose all of this guy's business. According to one nightlife source, losing four months of this customer could cost an operator as much $2 million.Yesterday, the NY Post blew the roof off the big spender, running a full spread on Taek Jho Low, a Malaysian-born Wharton grad who has inexplicably become the biggest whale in New York City.

While no one knows much about Jho, his business or his past, they certainly know about his nightclub spending habits. In addition to his lavish night at Avenue, Lo has also had a few other wild nights on the town. According to the Post:

· At 1OAK, he sent LiLo 23 bottles of Cristal as a birthday present
· Routinely spent $50,000 to $60,000 at Pink Elephant
· Flew eight Pink Elephant waitresses to Malaysia after a wild night at Pink Elephant in Southhampton

Anyway, the Yanks can't tell the difference between a Chinese Malaysian and Malay Malaysian.They think Malay is a nationality.

Continue reading.

Anyway, the Yanks can't tell the difference between a Chinese Malaysian and Malay Malaysian.
Big-spending Malaysian is the mystery man of city club scene

— A f

leet of black Cadillac Escalades hums outside Chelsea hot spot Avenue -- the A-list watering hole of such celebrities as Justin Timberlake and Lindsay Lohan. As the car doors open, a dozen men emerge and a bouncer whisks them over the club's

So, who is Jho Lo?