Career
His late-night infomercial featured Vu surrounded by luxury items: mansions, yachts, expensive cars and, most visibly, collections of young bikini-clad women. He promoted his free 90-minute seminar to learn the same secrets he used to make millions. As a Vietnamese immigrant, he presented himself as the classic "rags to riches" story.
His infomercials promoted free seminars that served as advertisements for paid seminars, the most expensive of which was a week-long seminar held only in Orlando, Florida that cost as much as $16,000.
Vu"s investment theory involved finding "distressed" properties — foreclosures, bankruptcies, divorces, tax liens — and selling them at a profit. In the early 1990s, Vu was sued by former students and investigated by the government for alleged violations of securities laws, fraud and false advertising.
Formerly of Longwood, Florida and later a California resident, Vu has retired from real estate and lives in Las Vegas, Nevada. Vu continues his parallel career as a tournament poker player.
His 9 cashes at the WSOP account for $827,562 of his lifetime tournament winnings.
In April 2006, he finished ninth in the Season Five World Poker Tour championship event, earning $216,585.