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How social engineering cost a seasoned investor $400k; Ex-actor Edmund Chen expresses regret after sentencing in road crash: Singapore live news
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Ms Lim, who had more than 20 years of investing experience, said she never imagined she would fall victim to a scam but ultimately lost about $400,000.
The scheme relied on social engineering, with scammers building trust through a WhatsApp group filled with staged conversations and fabricated success stories, according to reports.
The collision occurred on 4 March last year when Chen slowed abruptly and attempted to change lanes toward the Central Expressway (CTE).
He did not suffer any permanent disability, and Chen stopped to render assistance at the scene.
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