Police warn against scammers targeting former investors of failed gold investment companies

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SINGAPORE - Police on Friday (July 19) warned against former investors of failed gold investment companies against falling prey to scammers.. Read more at straitstimes.com.

SINGAPORE - Police on Friday warned against former investors of failed gold investment companies against falling prey to scammers.

They claimed they were from litigation or recovery companies and offered to help investors recover their investments through civil proceedings or other methods, in return for a fee. But investors were then requested to"reinvest" their sales proceeds to an alternative investment scheme which promised attractive returns and guaranteed capital protection over a short period of time.

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