facebookLost Money to Online Scammers! - Seedly

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Ooi Shufen

Health Facilitator at Minmed Group

04 Sep 2023

Adulting

Lost Money to Online Scammers!

I lost $1930 to online scammers. sob

They claimed to be Mediacorp television n flim reviewers and asked me to join as an official film critic. But I ended up putting in SGD for a Dex account,

It seemed to be earning money schemes and the more I earned, the money i need to put in,

I'm thinking about the pyscholoigcal repercussions it has on my investment plans, will I fear investment because of how I manage my money?

What should I do in order not to repeat my mistakes and find out the source of why I got cheated and prevent this from happening again?

Should I sign up for a financial literacy programme? sob

Discussion (13)

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Hello Everyone,

I want to publicly thank Alliance Digital Hack, a group of professional private investigator and a certified expert in Bitcoin Recovery Services. Their assistance in helping me recover all the money I lost to fraud was top notch and unbelievable. An online manipulation artist who represented themselves as knowledgeable and experienced in the field of Crypto investments conned my wife and myself. My $356,000 worth of funds were put into cryptocurrency. I was left helpless after the fraud tricked us and had to spend hours looking for a Crypto recovery service to get my money back. The specialist I found was Alliance Digital Hack. I just had to be patient after describing my situation to the expert and all of my money was returned to my wallet in less than 72 hours. Thank you Alliance Digital Hack for your excellent assistance in getting my money back. If you are interested in hiring there services, they can be reached through their contact details below.

Email: [email protected]
Whatsapp: +44 7452 247277 thank me later.

Chin Guo Qiang (ITIL4 / CSPO / CSM)

Edited 02 Nov 2023

Assistant Vice President, IT Operations at Bank of China Limited

Just take it as a lesson learned.

Probably you will want to share your experience with the community, so that everyone can get a better view of such encounters.

Meanwhile, do check out articles on Seedly for some starters on financial literacy topics first.

There are also other useful channels for additional resources for your reference, such as :

CPF Volunteer

https://www.cpf.gov.sg/member/infohub/cpf-volun...

MoneySense

https://www.moneysense.gov.sg/

ScamAlert

https://www.scamalert.sg/

Good luck !

Personally, a good and easy way to have a steady incoming producing safe deposit box would actually be our CPF acc and backed up by gov.

Next u can prepare for urself for tbills and FD and HISA acc for cashflow and emergency funds

Ngooi Zhi Cheng

Edited 15 Sep 2023

Student Ambassador 2020/21 at Seedly

I'm truly sorry to hear about your unfortunate experience with online scammers. Falling victim to such scams can be emotionally distressing and can affect your financial confidence. Here are some steps you can consider taking:

  1. Report the Scam: Report the scam to the relevant authorities in Singapore, such as the police and the Anti-Scam Helpline (1800-722-6688). Provide them with all the details you have about the scam.
  2. Seek Professional Advice: While signing up for a financial literacy program can be beneficial, you may want to consider consulting with a certified financial advisor first. They can help you assess the financial impact of the scam and provide guidance on how to rebuild your financial security.
  3. Review Your Financial Goals: Take this opportunity to review your investment goals and risk tolerance. A financial advisor can help you create a new investment plan that aligns with your objectives.
  4. Education: Consider enhancing your financial literacy. It's a valuable skill that can help you identify potential scams in the future. You can find free resources and workshops offered by organizations like the MoneySense program in Singapore.
  5. Stay Informed: Keep up-to-date with common types of scams and frauds in Singapore. Awareness is one of the best defenses against falling victim to scams.
  6. Psychological Support: If you're experiencing psychological distress due to this incident, don't hesitate to seek emotional support or counseling. Scams can be emotionally taxing, and it's essential to address these feelings.

Remember that you're not alone in facing such scams, and many people have been in similar situations. With the right steps and support, you can regain your financial footing and become more resilient to scams in the future.

I am currently a Financial Advisor as well, so feel free to reach out to me on IG (@ngooooied) if you have any further questions!

Scam not equals to investment.

If I may, start by being more wary about public posts/social medi...

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