SINGAPORE – Well-known economist Tan Khee Giap has warned of an investment scam after a woman lost more than $20,000 following the instructions of a fraudster impersonating him.
The account had a link to a WhatsApp group chat in which “Dr Tan” would give investment tips on gold, futures and foreign currencies. She added that she invested nearly $25,000 over three weeks and made a profit of about US$18,600 . But when she tried to withdraw part of the funds, she was rejected by the system.
Dr Tan, who advises other victims to do the same, said: “I do not conduct private investment chat groups.
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