We have been alerted to a scam in the Philippines, involving the platform Luckyshopping.

Luckyshopping claims that it is a company under Temasek, and has approached individuals to invest money through their platform/mobile application. It has also sent users a letter with our logo, purportedly written by Rohit Sipahimalani, a Temasek employee.

This is a scam.

Luckyshopping does not belong to Temasek, and is not related to Temasek in any way. The letter was not issued by Temasek or written by Mr Sipahimalani. It is a fake.

Temasek does not directly sell or market investment products or financial instruments in the Philippines or anywhere else. We have not authorised any third party to do so on our behalf.

Please exercise care and diligence when dealing with parties who purport to represent Temasek, and take steps to verify their bona fides and credentials.

If you have relied on this fake letter to make investments or purchases, we recommend you report the matter to your local police authorities. Temasek does not assume or accept responsibility for any transactions done in its name that are not mandated by specific authority.

We reserve all rights to pursue legal action and remedies against any person or company that infringes on our trademarks and/or impersonates Temasek.

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