I’ve always been curious about Biaohui. The structure(s) described by Bradman are interesting, though a bit complicated for a layman I would say. Everyone has a different rate of return, and there seems to be a high risk of default.
I lived in Taiwan years back and loved it (I was a student at Dong Hai University, Shi Da, and Chengchi U.; I was also a journalist at the China Post). Afterwards, I came back to the US and worked on Wall Street at an investment firm.
Now here’s my personal plug, which seems legit since the topic is biaohui and people who invest in biaohuis would probably be interested in what I have to say. I am now a professional investor on my own and am always raising capital for my investments in the US. For people who are interested in earning interest on their money but don’t have any opportunities to safely earn a high rate of interest in Taiwan, please PM me.
If you decide to lend to my company, our lending relationship will be documented by a legal contract that is governed and enforceable by New York state law. Your funds will be secured by collateral. I typically offer a 5-7% interest rate per year (more for higher amounts lent). If 5-7% isn’t enough, I can offer an even higher rate of return for those that have a higher appetite for risk. If you were to run a credit check on me by one of the major credit agencies, you would find that I have perfect credit with no blemishes ever. Credit history is one of the best predictors of someone’s reliability as a borrower.
Look forward to hearing from interested parties,