
A New Breed of Scammer Is Targeting Asia's Ultra-Rich
Big Take Asia
Challenges of Impostors in the Family Office Industry
The chapter explores the increasing presence of impostors in the family office sector in Asia, where individuals fake affiliations with prestigious family offices to gain credibility, attend events, and access the wealth management industry. It addresses the risks posed by these impostors who deceive by exaggerating or falsifying their connections, and the difficulties in distinguishing genuine professionals from fraudsters in this exclusive and secretive industry.
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