Singapore Entrepreneurs » Blog Archive » Singapore Gold Guarantee CEO Disappears
06 Mar, 2013 Singapore Gold Guarantee CEO Disappears Posted by: Singapore Entrepreneur In: Business in Singapore Over 100 Singapore Investors are fuming mad after Founder & CEO Lee Song Teck went missing with all the money they invested in his firm, the “Gold Guarantee”. On Lee Song Teck’s “Linked In Profile”, which might be changed soon so I decided to copy / paste his public summary here, he claims he is not only a jack of all trades but a master of everything he tries. His photo on the Gold Guarantee website shows a much older Lee Song Teck. Something surely went seriously wrong with his investments, or possibly he had intended this to be a “Bernie Madoff” like scheme all along since he asked investors to buy gold from him at a premium to market prices (he calls them discounted, but they are actually not because he uses ‘goldsmith’ prices which are usually a lot higher ...