Self-claimed wealth gurus who drove Lamborghinis now made bankrupt; investors worry about their $5m
Both men declared bankrupt; investors worry about funds they placed in various property deals.
Self-proclaimed wealth advisors Lim Jian Bin and Jason Fong have been declared bankrupt and are the subject of investigations after investors grew concerned over missing funds from their investments. Both men, known for promising high returns in property deals and other businesses, were once popular on social media and at wealth seminars.
Lim, who went by the online name Takeshi Lim, was arrested in July 2026, while Fong was declared bankrupt in April 2026. Fong reportedly traveled to Kuala Lumpur in June 2026 and has not returned to Singapore since. Over 50 investors are now worried about losing $5 million they had invested in various schemes run by the duo. Concerned investors have filed police reports, raising suspicions that they may have fallen victim to a Ponzi scheme.
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