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Investor in S'pore sues vendor, wins suit to recover $1.3m loss
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The man had invested $1.5 million in a fund that was assured to be "capital-guaranteed".
PHOTO ILLUSTRATION: UNSPLASH
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SINGAPORE - The term "capital-guaranteed" gives investors peace of mind because even if calamity strikes, they will at least escape with their initial investment. What could go wrong?
A case winding its way through Singapore's courts suggests that plenty could go wrong unless all parties are literally on the same page when it comes to signing documents.
