How to seek compensation after being misled into a bad deal
The Straits Times|September 22, 2024
Being duped into putting huge sums into dubious investments is an all-too-common risk faced by the elderly and less savvy investors.
Tan Ooi Boon

Thankfully, you have legal options to take those responsible for your losses to task since the promoters or sellers of such investments earn lucrative commissions from luring unsuspecting customers.

Of course, the owners of such schemes are liable for creating fraudulent products, but these crooks often vanish before action can be taken. So victims instead act against the promoters, especially those who are based here as they are more easily found.

These two important points can help you get your money back.

WHEN REPRESENTATION OF FACTS RESULTS IN LOSSES

You see an online advertisement that promises huge profits for an investment and you immediately rush to the vendor's office to sign up for the deal. If you end up losing money, it is hard to cry foul unless you can show that the whole deal is a scam.

この記事は The Straits Times の September 22, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Straits Times の September 22, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

THE STRAITS TIMESのその他の記事すべて表示
The many sides of library pioneer Hedwig Anuar and other authors
The Straits Times

The many sides of library pioneer Hedwig Anuar and other authors

Those who know the National Library's former director Hedwig Anuar, 95, as a pioneer of Singapore's library system or women's rights activism will glimpse a different side of her in her newly published early writings.

time-read
2 分  |
November 11, 2024
Chef Jamie Oliver pulls children's book after indigenous criticism
The Straits Times

Chef Jamie Oliver pulls children's book after indigenous criticism

British celebrity chef Jamie Oliver (right) has announced he will no longer sell his children's book, after coming under fire for what indigenous critics called \"erasure, trivialisation and stereotyping\".

time-read
1 min  |
November 11, 2024
Dua Lipa cancels Indonesia leg of tour over unsafe staging
The Straits Times

Dua Lipa cancels Indonesia leg of tour over unsafe staging

British-Albanian singer Dua Lipa has cancelled the Indonesian leg of her Asian tour, citing unsafe staging.

time-read
1 min  |
November 11, 2024
Actress Sheila Sim undergoes hair transplant procedure to fix 'prominent bald spot'
The Straits Times

Actress Sheila Sim undergoes hair transplant procedure to fix 'prominent bald spot'

Local actress-model Sheila Sim is feeling less stress over her tresses after undergoing a two-day hair transplant procedure.

time-read
1 min  |
November 11, 2024
Blackpink's Lisa keeps it short and sweet at Marquee
The Straits Times

Blackpink's Lisa keeps it short and sweet at Marquee

Below disco balls and flashing stage lights, Lisa from K-pop girl group Blackpink made a glittering appearance in the early hours of Nov 10 at Marquee Singapore nightclub in Marina Bay Sands.

time-read
2 分  |
November 11, 2024
Invisible Habitudes returns to Singapore stage with stronger cohesion
The Straits Times

Invisible Habitudes returns to Singapore stage with stronger cohesion

After almost six years, choreographer and The Human Expression (T.H.E) Dance Company's founding artistic director Kuik Swee Boon's Invisible Habitudes returned to the Singapore stage, with a mix of original cast members and new performers, but surprisingly with an even stronger sense of cohesion.

time-read
2 分  |
November 11, 2024
Tech Talks foster conversations around technology and storytelling
The Straits Times

Tech Talks foster conversations around technology and storytelling

The Singapore Writers Festival (SWF) continues building out conversations around the intersection of technology and storytelling.

time-read
2 分  |
November 11, 2024
SSO's most exciting and memorable Beethoven concert yet
The Straits Times

SSO's most exciting and memorable Beethoven concert yet

The idea of a concert comprising wholly works by Ludwig van Beethoven (1770-1827) is hardly new, yet a fully packed Victoria Concert Hall showed that the great German composer still has a special cachet among concertgoers.

time-read
2 分  |
November 11, 2024
Singapore is a city of 'future past,' says Paolo Giordano
The Straits Times

Singapore is a city of 'future past,' says Paolo Giordano

The Italian author is among the 300 people who have been invited to speak or conduct workshops at the festival

time-read
3 分  |
November 11, 2024
BANG FOR YOUR BUCK
The Straits Times

BANG FOR YOUR BUCK

Comparing prices, researching products - parents can help their kids learn how to shop responsibly

time-read
5 分  |
November 11, 2024