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Man's $670,000 investment loss a cautionary tale
He sued UOB, arguing he was misled, but failed as unlicensed product was not sold by the bank
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There are plenty of cautionary tales about mishaps in the financial world but few come with a price tag of $670,000 plus tens of thousands of dollars in legal fees.
This sorry saga began in 2017 when a bank customer, Mr Andy Poh, plunged headlong into an investment on the recommendation of a bank relationship manager working at UOB at the time.
