Tag: ex-insurance agent
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Ex-insurance agent’s bail-linked scam: investors lose over S$7 million in bogus scheme
Shocking Bail-era scam: A familiar face and a large sum The case of a former insurance agent, Alvin Koo Jing You, has drawn attention to how quickly legitimate-seeming offers can turn into sophisticated investment scams. At 39, Koo allegedly orchestrated an elaborate scheme that deceived family, friends, and other unsuspecting individuals into handing over more…
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Ex-insurance agent jailed for orchestrating S$7 million investment scam while on bail
Singaporean ex-insurance agent jailed for elaborate on-bail scam A former life insurance agent was jailed for more than a decade after masterminding a sophisticated investment scam that drew in family members, friends and other victims, totaling over S$7 million. The scheme unfolded while the defendant was out on bail for prior offenses, underscoring how quickly…