Advisory: Beware of Fake Investment Opportunities Impersonating LG

gaouga.com
gaouga.app

The Singapore Police Force has observed a trend of investment scams impersonating well-known brands, including LG. These scams often trick individuals into believing they are investing in legitimate opportunities, only to lose their money.

How to recognise this scam:

• You might receive unsolicited messages or encounter online advertisements promoting investment schemes with unusually high returns, claiming to be from or endorsed by LG.
• These scams often direct you to download unofficial applications or visit websites (such as gaouga.com or gaouga.app) to make investments, which are not official LG platforms.

What to do if you are affected:

If you suspect you have fallen victim to such a scam, immediately stop all communication with the scammers. Report the incident to your bank and the police. Change passwords for any accounts that may have been compromised and monitor your bank statements for any unauthorised transactions.

Remember, legitimate investment opportunities do not promise guaranteed high returns in short periods. Always verify any investment offer with official sources.

Unsure if something is a scam? Check by calling the 24/7 ScamShield Helpline at 1799.