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Tag Archives: sim lim

The economics behind Sim Lim scams

By Timothy Ho, DollarsAndSense.sg  In the last couple of weeks, most would have heard about the Malaysian diver who had spent $4500 on two iPhones and the lady who was refunded with $1100 in coins at Sim Lim Square. These incidents are of no surprise to most Singaporeans, who are already aware of the scam-like approaches that shops in Sim …

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