Lesson from man who lost most of his CPF money

The man walking around the courtyard in Raffles Place in February last year wearing a sandwich board on which he related his plight.
The man walking around the courtyard in Raffles Place in February last year wearing a sandwich board on which he related his plight. PHOTO: SHIN MIN DAILY NEWS READER

It was a scene that disturbed many of us across the island: A man walking the street to voice his distress over losing more than $200,000 of his Central Provident Fund (CPF) money in a failed investment.

The bespectacled middle-aged man walked around the courtyard in Raffles Place in February last year with a home-made sandwich board on which he wrote the gist of his plight.

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A version of this article appeared in the print edition of The Sunday Times on October 11, 2020, with the headline 'Lesson from man who lost most of his CPF money'. Print Edition | Subscribe