Thio Shen Yi, SC, comments in The Edge: “Crowdfunding faces its first test”

Crowdfunding platforms are offering investors around 11 to 25 per cent annual returns against borrowers’ outstanding invoices. While these returns may sound great, they don’t come without risks. Thio Shen Yi, SC, comments in a The Edge article on a recent case where falsified invoices could potentially cause millions in losses. https://www.theedgesingapore.com/crowdfunding-faces-its-first-test

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