Please login or register.

Login with username, password and session length


SMF - Just Installed!

Author Topic: Lee Song Teck [Certified Dishonest]  (Read 2175 times)

Offline greentara

  • Administrator
  • Veteran
  • *****
  • Posts: 1782
  • Karma: +3/-0
    • My detailed profile
Lee Song Teck [Certified Dishonest]
« on: December 15, 2018, 12:33:55 PM »
Director who disappeared with investments used to be property agent
Apr 30, 2013

Mr Lee Song Teck, 35

Bachelor and only child of pig farmers. His father, a gambler, died when he was 17.

Took over family's animal pharmaceutical business when he was 20.

Used to be a property agent. Ran a fitness centre, property investment seminar business and gold trading firm, Gold Guarantee, which is being investigated by the Commercial Affairs Department.

Listed as director of The Discovery Group, which offers "long-term holiday products".

Lives in a corner terrace house in Hougang. His mother bought it for $1.2 million in 2004 and it was worth about $4.5 million in 2012, he said in a previous interview.

Drives a $1 million Bentley sports car, which he called his "dream car", and BMW 5 series model.

Invests in real estate and gold: His gold investment portfolio was reportedly worth $30 million in 2012.

First Singapore property investment was a shophouse in the Golden Mile Complex.

Owns property in commercial building in Tianjin, China, an apartment block in Central London and commercial units in Kuala Lumpur.

The Consumers Association of Singapore said he has been uncontactable since January this year. The New Paper also tried to contact him, but could not reach him. His disappearance left clients - some of whom invested more than $1 million in gold - stranded.


15 Dec 2018 Update: