Singapore Billionaire’s Name Misused for Facebook Scam

Peter Lim is a famous tycoon in Singapore. People like to associate themselves with him, including fraudsters who’ve used malicious websites and Facebook to make it look like he’s endorsed some get-rich-quick scam:

In a statement today (Aug 29), Mr Lim’s firm, Kestrel Capital, said reports that link the billionaire “to certain investment methods” have been circulating online.

A webpage that the firm referred to ran the headline “Peter Lim reveals easy work at home trick” and claimed that readers can “quit your job in 30 days”.

The poorly made webpage tried to link readers to malicious websites that it masked with fake links that purport to point to Facebook pages of people who “endorsed” the scam.

This of course, has the potential to damage Lim’s reputation and he has since made a police report.

Read more about it on AsiaOne.

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Author: Nicholas

Experienced Mortgage Banker in the Denver metro area.

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