A Singapore businesswoman lost $1.6 million when she used her own money to pay other investors in an attempt to salvage a failing investment, according to a report by The Straits Times.
Tan Ooi Boon reports that the woman believed the company would reimburse her with interest.
– With The Straits Times
A woman tried to salvage a bad investment but lost $1.6m instead
Learn why investing in dubious overseas schemes can lead to huge losses and why proving misrepresentation in court is challenging. Read more at straitstimes.com. Read more at straitstimes.com.
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