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How three S’poreans lost their savings by investing in unsuitable financial products

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A retiree ended with losses because he borrowed over $1.4 million to buy insurance products.

A retiree ended with losses because he borrowed over $1.4 million to buy insurance products.

ST ILLUSTRATION: MANUEL FRANCISCO

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All they wanted was to grow their savings but three non-savvy Singapore investors ended losing most of their hard-earned money after they were misled into buying financial products that they did not understand.

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