Beware this scam

Me don't have a Master's degree and it's something I don't really miss. I am not saying it's a scam (i can't change the title of this thread) but the financial cost is something like that. Anyway, my own 2 cents worth:



1. why i am glad i didnt do master's after graduation with bachelor's. I would have done a Master's which is not related to what I eventually am good at and keen on.

2. 13 years of catching up is necessary in a financial sense to make the master's degree worth it. It's way too long and a lousy return on investment.

Just read article in Sunday Times. Excerpts:

"...it takes 13 years of work - excluding the one year to get the master's degree - to reach the so-called "break-even point".

This is when the wealth - the accumulated income over the years minus the cost of a master's degree, if applicable - is greater for a master's holder than someone who started work with only a bachelor's.

The key drawback of studying more is not actually the $7,400 cost of the master's course, which can be recouped in less than three years of getting a higher salary.

But it takes about a decade to catch up on the "lost salary" of more than $40,000 - this is what you would have earned in the first year if you were in the workforce and not studying for the master's."

Robbery in JB (22 Jun)!
www.facebook.com/photo.php?v=10151578149752893

I used to travel to JB regularly and I know many friends ( both S’poreans and Johoreans ) who were victims of crime, mainly robberies. Just be very careful when in JB, avoid deserted areas ( including petrol stations, car parks etc ) and don’t stay out too late. Best is just drive to a popular mall , park in well lit area and do all your shopping /eating there. If have to stay overnight, stay in a good hotel where you and your car are safe.

fr straitstimes forum:


I CONGRATULATE the police force for successfully cracking the case of the bogus insurance claims ("Awards for stars of police force"; last Wednesday).

My family member encountered a suspicious claim after her car knocked into another while exiting a carpark.

As it was obviously a minor accident and there was no injury, the two parties agreed to report the incident to their respective insurance companies.

My family member's car was repaired for less than $200. But we were shocked to learn that the other party's repair bill came to more than $2,000.

Then, a few weeks ago, my family member received a copy of a lawyer's letter claiming damages for personal injuries against our insurers. The claimed amount was nearly $8,000.

The claimant even had a medical report from a clinic stating her injuries.

What made it even more suspicious was that the lawyer who wrote the letter named a woman as the claimant, but kept referring to her as a male.

I have written to my insurers and the Monetary Authority of Singapore to inform them of my suspicions.

But I have hesitated to make a police report because friends who are lawyers said the case boils down to the doctor's report and it would be difficult, if not impossible, to challenge it.

Although we will not suffer any monetary loss (except for possibly higher premiums), we are frustrated that we can do nothing to stop such a suspicious claim from going through.

Sia Cheong Yew

Scam victims from China who allegedly lost $1.6 billion look for clues in Singapore
- See more at: www.straitstimes.com/news/singapore/more...-look-cl#xtor=CS1-10

Beware this scam. The email is not from PayPal, so don't log in!

See the sender's email address. Stoopid fella (postmaster@piypal.us)