⚠️ The
Alarming Reality
Scam losses in Singapore surged to over S$1.1 billion in 2024—a
staggering 70.6% increase from the previous year. At the
forefront? Cryptocurrency-linked investment scams, where fraudsters
impersonate trusted institutions on platforms like WhatsApp and Telegram to
peddle "too-good-to-be-true" opportunities.
🔍 Key
Questions We Tackled on "The Big Story":
1️⃣ What makes crypto
scams so dangerous today?
2️⃣ Red flags every
investor should watch for (hint: urgency + secrecy = 🚩).
3️⃣ How to verify
opportunities without falling prey to slick marketing.
💡 Why
This Matters
As a Financial Services Manager at PhillipCapital, I’ve seen firsthand how
scammers exploit trust and FOMO. My mission? To equip you with actionable tools
to safeguard your hard-earned money.
🙏 Thank
You
To Nadiah Koh and the MONEY FM 89.3 team for amplifying
this critical conversation—and to PhillipCapital for championing
investor education.
👉 Let’s
Discuss: Have you or someone you know encountered a suspicious "investment
offer"? Share your thoughts below—awareness is our first line of defense.
Contact me @ ohlh@phillip.com.sg