Please be careful when meeting people on dating apps such as tinder, cimb etc.

The scammers will always sweet talk you and say how in love they are with you when you have never met them in person. They will always give excuses when you say you want to meet. They will start introducing you to investment schemes such as lottery apps which they found loopholes and have been earning money from the app which no one is aware.

The usual tactic they use is to entice you with small wins first and let you enjoy the gains for a period.

Then they will start to brainwash you to put more money in so that the returns you get will be higher. Next is tell you there is a once in a lifetime promotion. The more money you put in, the more bonus money you will get in return. He will take the lead first and show you that he has put in all his money in and left you to pump in the money to enjoy the promotion. He will pressurize you with deadline, if the money is not pumped in within certain time, all your existing money in the account will be lost.

Please be more alert when someone start talking to you about investment or money when you have never met the person. These scammers have well thought out plan in mind to use on their victims.

Editor's Note: Investors are reminded to do their own due diligence before investing. Always do a "Ask. Check. Confirm" to find out more about a scheme to minimise the possibility of getting scammed. 

More resource on how to look out for investment scams can be found  here: https://www.moneysense.gov.sg/articles/2018/10/how-to-spot-an-investment-scam