Personal Finance
Madam Pusparani, widow of killed Changi Airport worker, is now broke
By Wilfred Ling, The IFA on Duty  •  June 10, 2014

Madam Pusparani loss the entire $1m and why is not her fault?

By now everybody have read about the story of a widow named Madam Pusparani Mohan who lost the entire $1 million of money mostly from donors due to poor money management[1]. She was hit by the firestorm from social media which saw countless people cursing her for mismanaging the entire amount within just less than 2 years. For those who are living in Mars, Madam Pusparani Mohan’s husband Mr. Chandra Mogan died at the age of just 35 years old when he was killed by a hijacked taxi just outside the Budget Terminal on March 2012. Madam Pusparani, also a cleaner then, was left with four young children – three sons aged 9, 8 and 5 and 2 ½ years old daughter.  Without any savings, many donors took pity on her. The Changi Airport Group helped her ......
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By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
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