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[Singapore] - Man lost Sg$670k in bad investment
An honorable member of the Coffee Shop Has Just Posted the Following:
SINGAPORE - There are plenty of cautionary tales about mishaps in the financial world but few come with a price tag of $670,000 plus tens of thousands of dollars in legal fees. This sorry saga began in 2017 when a bank customer, Mr Andy Poh, plunged headlong into an investment on the recommendation of a bank relationship manager at UOB at the time. Mr Poh sunk US$500,000 (S$670,000) into a British investment company to supposedly earn 7 to 8 per cent of annual returns through its... Read more Click here to view the whole thread at www.sammyboy.com. |
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