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27-09-2021, 07:20 PM
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 (https://www.sammyboy.com/threads/singapore-man-lost-sg-670k-in-bad-investment.310703/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/singapore-man-lost-sg-670k-in-bad-investment.310703/).
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 (https://www.sammyboy.com/threads/singapore-man-lost-sg-670k-in-bad-investment.310703/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/singapore-man-lost-sg-670k-in-bad-investment.310703/).