Probe into self-styled wealth guru Jason Fong’s business widens
Police have reached out to a number of investors to unravel the scheme Fong allegedly ran
The police are investigating the business of self-proclaimed wealth guru Jason Fong, according to recent reports. His former wife, Diana Goh Geok Lee, was stopped by authorities at the Woodlands Checkpoint upon her return from Malaysia on September 9th. Goh said that without informing her of the reason, the officers searched her car and body in the investigation room. She was subsequently told that she was under investigation for Fong's alleged cheating case.
Fong, who was declared an undischarged bankrupt in January, had been traveling in Malaysia since June 21st and has not left the country since. His investors, who had contributed tens of thousands of dollars to his investment scheme, are pressuring Goh for answers. Goh posted about her checkpoint experience on Facebook but later deleted the post. Her investors have reportedly pressured her for answers since Fong went silent after leaving the investors' WhatsApp chat group in 2025.
One investor, Matthew Chua, invested S$50,000 in Fong's scheme in March 2022. He was promised a 10% annual return, but received payments only in March 2023 and March 2024. Fong's former business associate, Takeshi Lim Jian Bin, is also under investigation for allegedly promising 5 to 10% returns on investments in vending machine and industrial property deals. Over 40 investors poured around S$4 million into Lim's schemes.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
