SG businesswoman ignores daughter’s warning, loses over S$500,000 in scam by man in China

The 62-year-old woman transferred sums of money several times between January and May this year to the man. — Photo by Gilles Lambert on Unsplash

SINGAPORE: When her mother first told her about an investment proposition from someone overseas, alarm bells went off immediately and she warned the older woman to stay away.

Unfortunately, the warning fell on deaf ears, and her mother, a businesswoman, was eventually scammed of S$568,000 (RM1.75mil).