Billionaire Peter Lim from Singapore filed a police report regarding a scam binary options robot that is using his image in order to fraud clients. Lim, who is according to Forbes, worth over $2.4 billion and is also the owner of FC Valencia, found out that his name and good reputation are used in a scam advertisement for an auto trading software.
Online Scam Schemes are Becoming Ruthless
In the ad, Lim is allegedly claiming that there are easy ways to make a lot of money in the extremely little amount of time, but that the rich elite doesn’t want the rest of the world to know about it. In his official statement, issued by his company Kestrel Capital, Lim categorically denied that he is or was ever involved in this scheme.
“Peter Lim is concerned and alarmed that his name is and continues to be used by parties with possible ill intentions to mislead unsuspecting members of the public, so he has lodged a police report,” states the official press release by the Kestrel Capital.
The official press release also warned public not to be allured by such misleading promises that often have no relevant background. It seems that Mr. Lim was never revealing any revolutionary secrets or helping unemployed citizens of Singapore to become millionaires in few easy clicks. According to the article with this scam advertisement, thanks to Lim’s method average Singaporean can make quick money from home and quit their job. Kestrel Capital also asked the public to be cautious, and not to forward or support scams like this in any way.
The article mentioned how Lim is exposing himself to “great danger”, as “powerful elites” want to keep this method a secret. Allegedly, the elite is hating Peter Lim for his statements regarding this “amazing way of getting rich online”, but the truth is quite the opposite. Lim is not happy with the way his public image and reputation is being misused.
“Average Joe” Scam Story
The advertisement is also including a “true story” by Ivan Chong who is allegedly making money from home, and who discovered this “magic method” after he lost his job. Of course, there is no real evidence that Mr. Chong is real, only a picture of a man with his family and some rather suspiciously looking screenshots of bank statements.
Also the links on the article lead to other scam websites and products that don’t look legit it any way. Even though it is a very popular method to use famous names and famous businessmen in order to attract as many people as possible, this is the first time that someone like Mr. Lim spoke up and reported the entire thing.
What is interesting is that the article is accompanied by several other articles and news features that are supporting this trading method that doesn’t even exist. There are some false news reports from CNN, and fake social media testimonials, comments, and statuses. It is not uncommon for scams to use such methods.
Peter Lim is among the wealthiest people in the world but is often described as a very private and shy person. He is a great fan and supporter of many sports, and has a significant stake in McLaren Automotive, and in June 2015 his company acquired Christiano Ronaldo’s image rights. He also established Olympic scholarship in Singapore worth S$10 million.