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Top News this Week (14 May)
By Financial Horse  •  May 14, 2023
Rounding up top investing articles from around the web, including articles shared on Twitter.

Home rental scams rose fivefold in 2022, public should view homes physically and not pay in advance (Straits Times)

Ms Yeo later told Parliament that she had spoken to a resident in Punggol whose address had been used by rental scammers multiple times, with many victims turning up at the unit with luggage, ready to move in. Ms Sun said such scams, which were perpetuated on e-commerce and social media platforms, generally involved scammers impersonating property agents, and listing home rentals on these platforms. Victims had come across these listings and contacted the scammers via the phone number listed. The scammers, impersonating legitimate property agents, then sent victims pictures of the agent’s business card, and pictures or videos of the units. She said scammers told victims they needed...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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