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Too Good To Be True
source: todayonline Beware of non traditional investment that promises high return. "At the end of the day, it's still the same advice: If it sounds too good to be true, it probably is." Some investors have gone to the police after discovering that the wine investment company in which they had put their money has been closed since the middle of the month. The investors are fretting over the fate of their investments as they have not been able to contact staff of Assets Wine Management (AWM) since around June 15. Some of the investors have put in hundreds of thousands of dollars. It is believed the company has over 1,000 clients and holds over $10 million in investments. Police confirmed that reports have been lodged against the company. The Consumers Association of Singapore also said it had received feedback about AWM earlier this month. The people running AWM are said to be the husband-and-wife team of Mr Keegen Lee Ghim Seng and Ms Kally Quee Chieh Shung. Tenants in the area said they had not seen
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