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How to avoid investment scams: 6 red flags and tips from experts

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MAS advises Singaporeans to exercise caution when dealing with unregulated financial entities located outside Singapore. These pose a greater risk of fraud, since the credibility of their operations cannot be easily verified.

PHOTO: SHIN MIN DAILY NEWS

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SINGAPORE - To avoid losing their hard-earned money, consumers should learn how to spot investment scams. Here are a few red flags and tips from the experts:

1. Claims of high returns at low or no risk

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