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A New Breed of Scammer Is Targeting Asia's Ultra-Rich

Big Take

Scam Targeting Asia's Ultra-Rich and the Role of Regulation in the Wealth Industry

6min Snip

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The chapter outlines a scheme targeting wealthy individuals and family offices in Asia, emphasizing a recent money laundering scandal in Singapore. It highlights the need for increased regulation and scrutiny to safeguard the wealth industry while navigating the delicate balance between privacy and transparency.

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