Business & Finance
How Singapore investors are lured by foreign-stock scams
Key Points
For more than a month, Aaron* thought he and his wife were learning how to trade stocks. Only later would they realise the lessons were part of the trap. The Singaporean business owner had found a group of self-styled investment experts on Facebook, claiming to offer foolproof tips and guaranteed returns.
For more than a month, Aaron* thought he and his wife were learning how to trade stocks. Only later would they realise the lessons were part of the trap.
The Singaporean business owner had found a group of self-styled investment experts on Facebook, claiming to offer foolproof tips and guaranteed returns.
Soon, he and his wife, who were dabbling in stocks for the first time, were spending about two hours every other day in a WhatsApp group chat with dozens of other participants, taking lessons...
[Image text:] mane
samate
BID6.7749
1
CHINA RES POWE
HKL33506.88
1600857PETROC
HKEX
+OP
.7
A,45
0.570
A19.3%
0.131
10.0
0.570
A7.53
20.080
417.2%
0.A75
415.095
16,92
0.050
415.50
0.77013.2
4.0101
0.98012
583.86
XINYIG
HSCEI8082.79
00883