Don’t Get Scammed!: Understanding Scams and Protecting Yourself Against Them

“In recent times, scammers are becoming increasingly innovative and creative. They try to outsmart people using emotional tactics and prey on victims who may be novice or experienced entrepreneurs and investors. It is timely we unite to safeguard our hard-earned money. There are no quick get-rich schemes. Don’t Get Scammed! is a starting point for anyone who wants to be certain and who wants to have a holistic approach and check system when the next investment looms. For that, you need the right knowledge and understanding. Read this book. Protect your loved ones. Protect your family. Protect your hard-earned money from scammers.”
— Mohamed Ismail s/o Abdul Gafoor, Chairman and CEO, PropNex Limited

“As I write this, I have just approved a goodwill payment for a client who has been defrauded of her entire life savings. Cybercrime remains a top risk in a world pivoting to the metaverse. The authors have painstakingly put together the modus operandi of scammers with real case studies and, more importantly, how to avoid them. With succinctly presented insights, this is a great resource for anyone wanting to understand and be better prepared against scams.”
— Adrian Vincent, General Manager Life Business, FWD Singapore

“Getting scammed and falling for fraud is not a good experience. I know because I have fallen for the odd few in my life. That is why Joanne needs to get the message out. This book covers the spectrum of scams that could hit us, considering how much scams have ramped up in recent years. To prevent us from falling for these scams and fraud, we need to understand the subject broadly and listen to the experience of victims (who are not the victims you have in mind). After reading this, I am sure you will have a different view about scams and fraud.”
— Kyith Ng, Financial Blogger, Investment Moats

“An all-in-one package that contains information, not just about scams and fraud, but also about how to prevent them. It also tells you what to do if you do get scammed. Would recommend everyone read this.”
— Alan Lim, Director, PropNex Limited

“In this day and age where scams abound at every corner, this engaging book is a definite must-read to arm yourself against these very wiles!”
— Vivien Yap, Senior Trainer, The Enneagram Academy

“As a veteran in the financial advisory industry, it pains me every time I read of people falling for scams. It is not only the money they lost but the dignity and emotional stress which can lead to disastrous consequences for the victims and their families. I believe education is key and I’m glad that Rayney and Joanne have written this book. I hope more awareness will result in fewer victims.”
— Alfred Chia, CEO, SingCapital Pte Ltd

“Scams are such a hot topic these days. We need clarity on how ordinary people, like us, can identify them and protect ourselves against being duped. Don’t Get Scammed! is a timely book that is written in a manner that is easily understood by anyone. This book will be your best investment to protect your finances!”
— Dr Patrick Liew, Entrepreneur Of The Year for Social Contribution

“This book couldn’t have come at a better time. Too many people are being scammed and there is an urgent need to educate the general public on this. Not bits and pieces of information that you find in the newspapers or on websites or in bulletins. Having a comprehensive book that contains all the important information about scams and fraud is just what all of us need to protect ourselves and prevent more duplicity from taking place.”
— Marcus Chu, CEO, APAC Realty and ERA Asia Pacific

”Joanne and Rayney have written the single most helpful book on scams, with in-depth analysis on the psychology of scams and real-life case studies. They show us how to identify scams and more importantly, how to avoid falling victim to a scam.”
— Alvin Poh, Entrepreneur and Author of Super Scaling

Joanne Lai is a highly sought-after finance and life coach who has transformed the lives of thousands of people. She has achieved the prestigious Certified Financial Planner (CFP)—the industry gold standard—and is the youngest and first female president of her company. She has also attained the title of “TOP of the Table”, placing her in the top 1% of the world’s financial advisers. Joanne made her first million before she turned 30 and achieved financial freedom before the age of 35. She helps others plan for their retirement and assists families with intergenerational wealth transfer.

Over the years, she has personally encountered many scams and successfully avoided them by asking a series of questions that she has learnt over the years. Joanne has also met many scam victims and this has further convinced her of the need to do proper wealth management complete with asset allocation rather than running towards these get-rich-quick schemes.

She volunteers with The Straits Times School Pocket Money Fund, where she teaches underprivileged youths about financial management. As an accredited financial counsellor, she has helped people in Singapore and Vietnam get out of debt, creating opportunities for the poor to achieve financial wellness. Joanne has conducted more than 200 financial talks at professional associations, private companies, hospitals, and government agencies.

Rayney Wong is a lawyer who heads the real estate and family law practices in a Singapore law firm. He specialises in property-related transactions and estate planning. He regularly advises property consultants, property investors, and clients in these matters. Through the years, in addition to the numerous personal encounters with potential frauds and scams, his network of close friends and clients have shared their personal experiences with him and sought his guidance on how to repair the damage and, on a few occasions, avoid frauds and scams. Rayney has authored several books including Secrets of Property Millionaires and Last Wishes.