Pheim Asset Management (Asia) Pte Ltd (“Pheim Singapore” or the “Company”) has been made aware on 11 May 2026 of a fraudulent advertisement on Facebook and Instagram 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 and the name “Tan Chong Koay” in Facebook and Instagram advertisements. These advertisements 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 urge 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 using Pheim’s name or Dr Tan’s identity, please report them immediately to us and to the appropriate regulatory authorities.