SINGAPORE: A woman cheated multiple victims of S$1.39 million in investment scams, including her own"godson" and a property agent she was working for.
The property agent grew to trust Low as a friend. In July or August 2011, Low told the agent about a purported investment scheme which guaranteed yielding dividends of up to 18 per cent per annum. She even allowed Low to rent a place together with her for five years, so that Low could"mentor" her closely to pass a test to qualify as AFIG's property agent in Singapore.
She plied him into"investing" into a special scheme which she claimed to have access to due to the special relationship she had with Hong Leong Bank's owners.
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