Peter Lim files police report against scammers

SINGAPOREAN billionaire investor Peter Lim has lodged two police reports against online scams involving false and misleading accounts using his name and images.

A statement issued by Mr Lim's firm Kestrel Capital warned on Tuesday against fake Facebook accounts set up and laying claims to being the billionaire's official Facebook accounts.

The statement also flagged another scam involving online claims of Mr Lim endorsing investments in a cryptocurrency.

It clarified that Mr Lim does not have a Facebook or any social media account and that the billionaire has not endorsed any cryptocurrency investments.

At least one member of the public is known to have been scammed into travelling for a purported meeting outside of Singapore with Mr Lim. Another victim claimed to have been duped by the scam pertaining to cryptocurrency investments.

The statement said that Mr Lim is concerned that members of the public have been duped by scammers and wants to warn others against falling for the scams.

The latest scams come after Mr Lim filed a police report in 2016 against online claims that he had endorsed certain investment methods.