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A fool and his money are soon parted
Wherever you go, no matter what the weather, always bring your own sunshine
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He was informed that he only needed to provide the initial capital, while the company would manage the investment, promising returns of 5 per cent to 12 per cent on the invested amount.
Commissioner Kumar said the victim was lured by the potential profits and followed the scammer’s instructions to download an app for registration purposes. In addition, the app was supposedly used to monitor his investment’s status and gains.
Between February and March 2024, the victim made online payments amounting to RM1,948,000 to a designated bank account in Malaysia.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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(19-10-2024, 01:52 PM)sgbuffett Wrote: He was informed that he only needed to provide the initial capital, while the company would manage the investment, promising returns of 5 per cent to 12 per cent on the invested amount.
Commissioner Kumar said the victim was lured by the potential profits and followed the scammer’s instructions to download an app for registration purposes. In addition, the app was supposedly used to monitor his investment’s status and gains.
Between February and March 2024, the victim made online payments amounting to RM1,948,000 to a designated bank account in Malaysia.
This is crazy he send his money to a bank account and the scammers just kept the money.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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99% online investment are scam. Sgbutt included.
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This type of people is why govt got an excuse not to disburse all CPF at 55. If this foolish guy collected his CPF, he would have also lost it together with the original cash.
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Thats a lot of money, too greedy lah, engineer also got 2e
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(19-10-2024, 01:15 PM)Bigiron Wrote: A Singaporean engineer lost more than $500,000 to an online investment scam.
The 64-year-old clicked on a Facebook ad link and was added to a WhatsApp group related to investments. https://str.sg/BKFr
the scammers were UNLUCKY ...................1 more year and the scammers would have gotten his CPF money too.............
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Greedy for a 5% returns?😆
That's as stupid as Temasek.
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