Our prime minister has become the latest cryptocurrency influencer in these fake articles that boast of huge riches coming your way.
sIn an advertisement with PM Lee‘s face plastered over the cover, the article claims that the prime minister had told CNA that this “wealth loophole” (aka, crypto trading) would be able to “transform anyone into a millionaire within 3-4 months”.
Press X to doubt.
XXXXXXXXXXXXXXXXXX
Anyway, the police have issued an official advisory to inform the public that this is, well, shady. The articles portray investments as a safe and quick way to gain money, when it is obviously a lot more complex and unstable than that.
“The online articles are usually paid online advertisements that are disguised as news articles,” they commented, regarding the articles with PM Lee espousing crypto trading.
When you click into the article, it’ll redirect to cryptocurrency trading sites, where you’ll receive a call from the sales representative of the trading scheme.
Invest Wisely
Police have advised the public not to engage in investment schemes that spread fake or misleading news.
Join our Telegram channel for more entertaining and informative articles at https://t.me/goodyfeedsg or download the Goody Feed app here: https://goodyfeed.com/app/
I mean, them promising a guaranteed “gold rush” should set off alarm bells already, if the blatantly dubious PM Lee “endorsement” isn’t enough.
You can protect themselves from scams by checking the credentials of the company on the Monetary Authority of Singapore’s resources, or by investing through only reputable apps and websites, or use your own discretion to question the representatives more on the workings of the investment scheme.
Read Also:
- 2 Teens Stole a Car Via Carpooling Service & Tried to Sell It on Telegram, But Was Ambushed Instead
- Man Caught on CCTV Destroying Neighbour’s Hari Raya Flowers Along HDB Corridor
- Law Minister Shanmugam Responds to Trainee Lawyers Who Cheated in the Bar Exam
Featured Image: Singapore Police Force
Read Also:
- Real Mercs Driver in Tampines Accident Responded; Said He Sped Up to See Saab’s Car Plate Number
- If You’re a PME, Here’s Another Reason Why You Should Join a Union
- TikTok CEO Chew Shou Zi Responds to TikTok Ban; Confident to Win Legal Challenge
- Popular Peach Garden in Thomson Plaza Suspended After 43 People Allegedly Had Food Poisoning After Eating There
- Driver in Tampines Accident Engaging Lawyer After Being Charged
Advertisements
