Business
In the last weeks of 2020, hundreds of retail investors were shocked when they discovered that Singapore-based investment platform CoAssets had disposed of over US$30 million of their investments to a virtually unknown debt recovery firm. Numerous affected parties have filed police reports against the company and former CEO Getty Goh, but many are still asking: How did this happen? On this episode of Deep Dive, Tech in Asia editor-in-chief Terence Lee discusses the events that led to CoAssets’ closure and the alleged mismanagement of investors’ money at the firm. More information on today's episode here: https://www.techinasia.com/deep-dive-coassets-lost-investors-millions-dollars Featured reporter: Terence Lee, editor-in-chief at Tech in Asia Essential reading: The rare tech startup which listed early and became profitable Millions lost, police reports filed: Behind the plight of CoAssets’ hapless investors