Why the super-rich family office boom is luring imposters

Wealthy clans in Singapore and Hong Kong are trying to weed out suspected fakes drawn to growing family offices and looking to “make a quick buck or hustle”.

David Ramli, Lulu Yilun Chen and Claire Ballentine

Jun 28, 2024 – 9.35am

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As Edoardo Collevecchio was getting ready to speak at a conference in Singapore, he recognised the family office that employed a fellow panellist.

But as they exchanged small talk, Collevecchio noticed something was off – the executive couldn’t answer basic questions about his firm and didn’t even recognise the name of an owner.

Bloomberg Wealth