Pheim Asset Management (Asia) Pte Ltd (“Pheim Singapore” or the “Company”) has been made aware on 25 June 2026 of a fraudulent advertisement on Tik Tok involving the impersonation of Dr Tan Chong Koay (“Dr Tan”), the Founder, CEO, and Chief Strategist of the Company.

The suspected scammer misused an unauthorized photograph of Dr Tan and the name “Tan Chong Koay” in the Tik Tok advertisement. This advertisement also contained an unverified link promoting stock investment schemes that are not affiliated with, nor endorsed by, any representative of Pheim Singapore.

PHEIM’S OFFICIAL STAND:

• Pheim does not produce or distribute investment advice via unofficial social media accounts or manipulated video content.
• Dr Tan does not endorse or participate in any such content outside of Pheim’s official communication channels.
• No investment products or services are promoted by Dr Tan on social media.

WARNING TO THE PUBLIC:  

Pheim strongly advise members of the public to remain vigilant and:

• Be cautious of unsolicited investment advice online or through social media platforms.
• Verify the identity of individuals or organizations before engaging with them or disclosing personal information.
• Avoid schemes promising high returns or urgent limited-time investment opportunities.
• Do not transfer any funds or share personal details with suspicious parties.

If you encounter any suspicious accounts or fraudulent investment offers made in the name of Pheim or Dr Tan’s name, please report them immediately to us and to the appropriate regulatory authorities.