The investment scheme involved construction equipment.
A 52-year-old man has been arrested for his suspected involvement in a series of investment scams.
The victim was led to believe that he could earn profits from it and passed $2,300 in cash to the man. Preliminary investigations revealed that the man is believed to be involved in five other similar cases of investment scams amounting to more than $40,000 lost islandwide.
Singapore Latest News, Singapore Headlines
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