Because of his reputation, that, was how he was able to, scam! From the Front Page Sections, translated…
A man, Lai, after he’d made money from starting a realtor’s company, he’d donated millions of dollars to his alma mater to build a basketball court, used his reputation to scam the members of the public to invest in a nonexistent property; he’d used the measures of running various scams to cover up his scheme, to delay the time that his victims find out the truths, until the investors didn’t get the interests, they’d realized that they were, scammed. The police found sixty-six victims that fell for his scams, and they’d all lost over billions of dollars, and his middle school homeroom teacher was scammed by him of over millions of dollars, the police arrested him on fraud.
The thirty-five year-old Lai, after graduation from the law department, returned to his hometown started up a realtor’s agency; he’d accepted interviews from the magazines, claimed that his company brought in $200 million N.T.s per year, was viewed as a successful young entrepreneur. He’d once donated a million dollars back to his alma mater to help build a basketball court, and donated $20,000N.T. each and every semester to help the poor students out.
Lai used his fame from the media, in 2014, he’d claimed that he can get his clients huge paybacks for investing in real estate with him, the victims put up the money, invested in the “fake homes”, then, Lai used the money he received from scamming the investors as interests, and pay it to other victims. Two days ago, he’d called a victim up to borrow money, the individual called the police on him; Lai admitted to running the scams through the years.
And so, no doubt, this was, an intelligent man, only that he did NOT use his own smarts well, had he used his smarts on something ELSE better, like starting up a company for real, and not scammed the investors of the company, he wouldn’t have ended up so awfully, but he was, looking for an easy way, to get some quick cash from unsuspecting people, and that got him caught!