Help this uncle who was conned by two evil old hags

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#1
https://www.indiegogo.com/projects/mr-ta...-for-15yrs

For 15 years, a 70-year-old man handed over all of his $2,000 salary to two elderly women.The women claimed it was for a government debt. But there was no debt.They had cheated him of more than $400,000, including his CPF of $53,000.To survive the last 15 years, he had to borrow money from his sister and neighbours.

http://www.tnp.sg/news/cleaner-70-conned...y-15-years
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#2
(09-02-2015, 12:46 PM)yeokiwi Wrote: https://www.indiegogo.com/projects/mr-ta...-for-15yrs

For 15 years, a 70-year-old man handed over all of his $2,000 salary to two elderly women.The women claimed it was for a government debt. But there was no debt.They had cheated him of more than $400,000, including his CPF of $53,000.To survive the last 15 years, he had to borrow money from his sister and neighbours.

http://www.tnp.sg/news/cleaner-70-conned...y-15-years

Thanks for highlighting the plight of this gentleman.
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#3
(09-02-2015, 05:12 PM)HitandRun Wrote:
(09-02-2015, 12:46 PM)yeokiwi Wrote: https://www.indiegogo.com/projects/mr-ta...-for-15yrs

For 15 years, a 70-year-old man handed over all of his $2,000 salary to two elderly women.The women claimed it was for a government debt. But there was no debt.They had cheated him of more than $400,000, including his CPF of $53,000.To survive the last 15 years, he had to borrow money from his sister and neighbours.

http://www.tnp.sg/news/cleaner-70-conned...y-15-years

Thanks for highlighting the plight of this gentleman.

You are welcomed.
I think Mr Tan deserves the recognition and warmth from our society. He worked hard to repay "debt" and tried to make a living. I suppose many motorists benefited from his work as pump attendant.

As for the two scums, I am quite willing as a taxpayer to pay for their rest of their life in Changi.
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#4
(09-02-2015, 06:55 PM)yeokiwi Wrote: As for the two scums, I am quite willing as a taxpayer to pay for their rest of their life in Changi.

I second the motion, with two hands...Sad
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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#5
This is why we need to have minimal baseline to lock some money away -> CPF.

Just my Diary
corylogics.blogspot.com/


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#6
(10-02-2015, 10:55 AM)corydorus Wrote: This is why we need to have minimal baseline to lock some money away -> CPF.
Yes CPF LIFE (Annuity).
Let us wait till whether the Police got a case to charge the 2 women in court. If the Police can't throw the books at the women then what?
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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#7
have to jail these 2 aunties for 20 years, and get their families to pay back the poor uncle... GOSH!
what kind of society is this?!!
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 
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#8
jail yes but money cannot take back already, it's not a lump sum taken recently but small sums over a long period likely all the money spent already. And the 2 ladies in their late 60's are quiet old also how ? or where they going to earn the money to pay back? There could also be some history we don't know between him and the 2 ladies.

You consider the report says he simple minded got cheated what about his family and relatives he keeps borrowing from them over the years eventually somebody ought to came to know but yet all this time nobody from his family side probe into this or even complained isn't it looks strange?
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