Veronica Shim Wai Han, former SQ stewardess said "at least two investors had died directly or indirectly because of pressure from this case"

[C_boliao]

Why sph need to mention ex stewardess turn banker. That's not even necessary

 

[o blong]

Why sph need to mention ex stewardess turn banker. That's not even necessary

Means is high flyer leh

To inspire all chiu ppl bah

 

[Joseph12]

Why sph need to mention ex stewardess turn banker. That's not even necessary

Cos already blasted numerous times in the many interviews she did

If she did something fantastic like turn 5 million to 50 billion then people will talk.about that instead

 

[donut88]

I can't believe the fund managers got conned.

Obviously they didn't go their die diligence in checking. They can see the insides of the investment better than investors. Why they couldn't smell anything?

Are they also blinded by the quick returns profits that they fail to do due diligence in checking?

And all these investors are smart ppl, top tier in their careers. They never at least check the Australian mining company? They invest money based on paper brochures?

 

[Wanderer123]

I can't believe the fund managers got conned.

Obviously they didn't go their die diligence in checking. They can see the insides of the investment better than investors. Why they couldn't smell anything?

Are they also blinded by the quick returns profits that they fail to do due diligence in checking?

And all these investors are smart ppl, top tier in their careers. They never at least check the Australian mining company? They invest money based on paper brochures?

Got MAS stamp of approval ma, but maybe MAS approved already then they start scamming? Dunno how he did, very curious.

 

[Geminiboy]

She is running a multi-manager fund structure in investment circle.
usually a few master funds overarching structure that runs various sub funds.
the Ng guy runs his Ponzi under one of the sub fund.
the funds earns her and her managers carry as profit for managing it and selling it.
there are many of these running with family offices money in the market.
its a cesspool. esp in the alternative investment side of things.
no matter what, when the 15 years bull runs ends, every one of these clowns will be licking their wounds.
why? unwinding is not an alternative, you have to suck it up and go through the whole show.

oh so it’s their sub fund. no wonder the same Envy name. that made it look even more legit and fooled her clients who were taken in by the glamour into believing she had done the proper amount of scrutiny and diligence. ultimately it’s greed and hunger for quick success blinding people into not seeing what clearly was an unbelievable claim that one can buy a commodity at a discount and make extraordinary returns out of it on an ongoing basis.

 

[likehotbutter]

The other alleged victims included Temasek International general counsel Pek Siok Lan, former Law Society president Thio Shen Yi and Vickers Venture Partners founder Finian Tan, known for spotting the potential in search giant Baidu back in 2000, when it was just a small Chinese start-up. Ms Pek was allegedly cheated of $5.5 million, Mr Thio of more than $500,000, and Mr Tan of US$19.2 million (S$25.8 million).

“We have done whatever we could as professional fund managers,” she said. “Everyone out there, please be reminded it can happen to anyone of you, whether or not you are a professional. There were experts in commodities and financial industries, and we were fooled because we believed in a Singaporean who was well-educated, brought up in Singapore, and was licensed by MAS (Monetary Authority of Singapore).

Two corporate lawyers, one tech VC..

Commodity expert meh

Where are the so called COMMODITY EXPERTS

 

[Teyemittisi]

Shudder at the thought that a Temasek senior figure can have such error in judgement… our nestegg at risks!!

 

[Geminiboy]

Why sph need to mention ex stewardess turn banker. That's not even necessary

Envy turns into Orbigoot

 

[likehotbutter]

I can't believe the fund managers got conned.

Obviously they didn't go their die diligence in checking. They can see the insides of the investment better than investors. Why they couldn't smell anything?

Are they also blinded by the quick returns profits that they fail to do due diligence in checking?

And all these investors are smart ppl, top tier in their careers. They never at least check the Australian mining company? They invest money based on paper brochures?

most of them just sit in air con vet documents nia

Check infospectrum, check bank statement then ok liao, tonight go omakase

proper commodity trading, they will need to hit the physical mines, check the supply chain, the letters of credit, supply performance, check the BLs under who etc etc

i doubt Ms Shim got her heels dirty in the Outback though

 

[Joseph12]

Shudder at the thought that a Temasek senior figure can have such error in judgement… our nestegg at risks!!

She's the lawyer there

 

[Geminiboy]

Obviously they didn't go their die diligence in checking

you turn their due diligence into die diligence. how appropriate

 

[Joseph12]

most of them just sit in air con vet documents nia

Check infospectrum, check bank statement then ok liao, tonight go omakase

proper commodity trading, they will need to hit the physical mines, check the supply chain, the letters of credit, supply performance, check the BLs under who etc etc

i doubt Ms Shim got her heels dirty in the Outback though

Haha
So must wear safari suit and that hat and get 20 porters to trek through African or Mayan jungles to see.that physical mine is it

 

[proton_cannon]

Why sph need to mention ex stewardess turn banker. That's not even necessary

This lady very scheming and evil imo

 

[standarture]

It's human nature to not admit one's mistake. Always blame other people. This lady zero financial background, how to be fund manager.

 

[proton_cannon]

most of them just sit in air con vet documents nia

Check infospectrum, check bank statement then ok liao, tonight go omakase

proper commodity trading, they will need to hit the physical mines, check the supply chain, the letters of credit, supply performance, check the BLs under who etc etc

i doubt Ms Shim got her heels dirty in the Outback though

more likely is Ms Shim is in the scheme altogether, her company name is what, the scammer company name is what, and look at the dates of their company setup

 

[Cowbellc]

Before things happens, everyone is a professional, can talk to the moon or cow come home, show statistics, data, charts, graph in scintillating, glittering flamboyant way
Things happens liao, give tons of reasons, play taichi tactics, but never ever casting it's own negligent, failing to scrutinise deeply

 

[testart]

Do all these investors throw their life saving into it?

 

[Joseph12]

This lady very scheming and evil imo

Oh my
Can't believe what I just read

 

[donut88]

When a company or factory want to borrow money from bank, the bank will send rep to physically check the company or manufacturing plant and talk to people there. That's due diligence

So this expert Veronica did something like this to counter check the scammer or the Australian mines?