Ho Ching warns of fake investment articles featuring her photo
SINGAPORE — Temasek chief executive Ho Ching has warned Facebook users of fake reports with her photo, aimed at getting the public to put money into investment scams.
In a post put up on her Facebook page on Tuesday (26 November), Ho wrote that there are ads in circulation talking about “fantastical ways of making money from bitcoins and such like, and pretend there are loopholes for multiplying your money quickly”.
“The scams masquerading as breathless news from Straits Times, Channel News Asia, etc, have resurfaced and making the rounds again, using my name and making up fake breathtaking quotes from me and others,” she wrote.
She advised users to report to “Facebook, WhatsApp, or whichever social media channel” they encounter such ads.
“More importantly, don’t get scammed or conned into investing into this or that get-rich schemes,” she wrote.
In the most recent of such ads, the mastheads and logos of mainstream media outlets such as The Straits Times and CNA were shown, with headlines such as “Ho Ching Latest Investment Has Experts In Awe And Big Banks Terrified”.
These fake articles were promoted by fake ads on Facebook, and have been circulating for months, despite attempts by the social media platform to remove them. In August, such articles targeted Ho’s husband, Prime Minister Lee Hsien Loong.
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