Latest / Your Way Home with Hongbin Jeong
The Big Story: Investment scams are on the rise - Here's how can you keep yourself protected
Scam losses in Singapore have hit alarming levels, with over S$1.1 billion lost last year - a sharp 70.6% increase from the year before. And one of the fastest-growing threats is investment scams, particularly those tied to cryptocurrency. These scams are becoming more sophisticated, with fraudsters using social messaging platforms like WhatsApp and Telegram to impersonate financial institutions and promote fake investment opportunities. What can investors do to protect themselves? What red flags should they look out for and how can they tell if an opportunity is too good to be true? On The…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.