A New Breed of Scammer Is Targeting Asia's Ultra-Rich
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The Rise of Fake Family Offices in Asia
This chapter explores the proliferation of fake or exaggerated family offices in Asia's wealth management sector, including a notable incident where an imposter almost represented a family office at a conference. The episode also covers the establishment criteria, costs, and attractiveness of family offices in Asia, particularly in Singapore, amidst concerns of distinguishing genuine players from imposters.
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Transcript
