Young investors looking to kick off their investment journey have many options to choose from on the Singapore stock market. So what do they need to start buying stocks and other securities? And why is having an account with the Central Depository a good starting point?
After investigating how malware scams affect victims, host Steven Chia heads to Vietnam to find out who is behind these scams and how easy it is to create malware. He meets a notorious ex-hacker who digs further into an app embedded with malware that was making its rounds in Singapore. He also finds out how sophisticated scams are going to get, and what we can do to protect ourselves.
Ever scroll through your social media and come across an advertisement for food or cleaning service? But an innocent ad could turn insidious when the seller asks you to download an app to place an order or booking. Since the start of this year, some 750 people have lost a combined total of over S$10 million to malware app scams. In this episode, host Steven Chia investigates how these scams work and attempts to bait a scammer himself.
2023 was meant to herald the return of the Chinese big spender. But the revenge spending hasn’t exactly panned out as expected. Instead, new consumption patterns are emerging in China’s post-COVID era.
Former billionaire, Sam Bankman-Fried, saw a meteoric rise as crypto's golden boy and an even more spectacular fall from grace as his $32 billion cryptocurrency exchange, FTX, collapsed in a matter of days. FTX customers and investors around the world watched in shock as a single tweet ignited a series of events that ended with the former crypto titan facing a dozen federal charges and waiting for trial behind bars. FTX customers, investors and employees were devastated to learn that $8.9 billion dollars in customer’s funds went missing from the exchange.
In this documentary, CNBC’s Kate Rooney speaks to the people most impacted by the fall of Bankman-Fried’s crypto empire. The in-depth documentary includes a candid interview with former President of FTX US who reveals what it was like to work directly for Bankman-Fried and what red flags concerned him most about the company. FTX investor, Anthony Scaramucci, tells all about his front-row seat to the collapse and what it was like to visit SBF while his empire was crumbling around him.
Rooney’s reporting also uncovers first-hand accounts from FTX customers who share the impact of their catastrophic losses, and pull no punches when discussing what lured them into SBF’s house of cards. And far beyond SBF’s rise and fall, the documentary explores the battle that lies ahead over the missing billions, and whether customers will ever get any of their money back