--- title: He Lost $484,300 to Takeshi Lim and Engaged Debt Collectors to Save Him From Bank Loans [Chills 289] description: Today, he is sharing the mistakes publicly through Quest with Kev so other people can examine opportunities with less emotion than he did. image: https://www.thefinancialcoconut.com/hubfs/Chills%20289.png --- [Skip to content](https://www.thefinancialcoconut.com/blog/chillswithtfc-289#main-content) [![Full\_COlour](https://www.thefinancialcoconut.com/hs-fs/hubfs/Full_COlour.png?width=456&height=80&name=Full_COlour.png)](https://www.thefinancialcoconut.com/) - [Retirement Marketspace](https://retirementmarketspace.thefinancialcoconut.com/) - [Events](https://www.thefinancialcoconut.com/events) Show submenu for Events - [For Investors](https://tfcmysterymeetup.com/) - [For Business Owners & Creators](https://ipcreatorunite.peatix.com/) - [For Salaried Workers](https://www.thefinancialcoconut.com/thought-leadership-series) - [TFC Events](https://www.thefinancialcoconut.com/events) - [Shows](https://www.thefinancialcoconut.com/tfc-shows) Show submenu for Shows - [Wise and Shine](https://www.thefinancialcoconut.com/wise-and-shine) - [The Business Show](https://www.thefinancialcoconut.com/tfc-business-show) - [Chills with TFC](https://www.thefinancialcoconut.com/chills-with-tfc) - [Blog](https://www.thefinancialcoconut.com/blog) Show submenu for Blog - [Work Smart](https://www.thefinancialcoconut.com/worksmart) - [Invest](https://www.thefinancialcoconut.com/invest) - [Retire Well](https://www.thefinancialcoconut.com/retire-well) - [Business](https://www.thefinancialcoconut.com/business) Open main navigation Close main navigation - [Retirement Marketspace](https://retirementmarketspace.thefinancialcoconut.com/) - [Events](https://www.thefinancialcoconut.com/events) Show submenu for Events - [For Investors](https://tfcmysterymeetup.com/) - [For Business Owners & Creators](https://ipcreatorunite.peatix.com/) - [For Salaried Workers](https://www.thefinancialcoconut.com/thought-leadership-series) - [TFC Events](https://www.thefinancialcoconut.com/events) - [Shows](https://www.thefinancialcoconut.com/tfc-shows) Show submenu for Shows - [Wise and Shine](https://www.thefinancialcoconut.com/wise-and-shine) - [The Business Show](https://www.thefinancialcoconut.com/tfc-business-show) - [Chills with TFC](https://www.thefinancialcoconut.com/chills-with-tfc) - [Blog](https://www.thefinancialcoconut.com/blog) Show submenu for Blog - [Work Smart](https://www.thefinancialcoconut.com/worksmart) - [Invest](https://www.thefinancialcoconut.com/invest) - [Retire Well](https://www.thefinancialcoconut.com/retire-well) - [Business](https://www.thefinancialcoconut.com/business) - [Contact us](https://www.thefinancialcoconut.com/contact-us) [Contact us](https://www.thefinancialcoconut.com/contact-us) Oct 22, 2026, 6:30:00 AM # He Lost $484,300 to Takeshi Lim and Engaged Debt Collectors to Save Him From Bank Loans \[Chills 289\] ![Picture of The Financial Coconut](https://www.thefinancialcoconut.com/hs-fs/hubfs/Square%20(2)-3.png?width=50&name=Square%20(2)-3.png) [The Financial Coconut](https://www.thefinancialcoconut.com/blog/author/the-financial-coconut) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://www.thefinancialcoconut.com/blog/chillswithtfc-289) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://www.thefinancialcoconut.com/blog/chillswithtfc-289) [envelope icon](mailto:?body=https://www.thefinancialcoconut.com/blog/chillswithtfc-289) [Share this page](https://twitter.com/intent/tweet?url=https://www.thefinancialcoconut.com/blog/chillswithtfc-289)   [![Follow The Financial Coconut](https://no-cache.hubspot.com/cta/default/46975693/interactive-182431637553.png)](https://cta-service-cms2.hubspot.com/web-interactives/public/v1/track/redirect?encryptedPayload=AVxigLL2CjCe42iR2RH2MpVX0Ej%2BKJQ%2F3A0Z7pXnUs35To%2Bo6nbKcpBVq9I98X5NUungVEwfs5YCKuM%2FaP97VxIITkTlihT57%2F%2F4XDW9rT3VR4MatSLDi%2BMU5mbQqihfX3LRRz83ij8K19OiD8UXy8sdct4t0Q%3D%3D&webInteractiveContentId=182431637553&portalId=46975693)   Kevin thought he had found someone he could trust. They met through a property-investing community. The other man spoke about family, long-term relationships and business. The first payments arrived without Kevin even needing to chase. Over time, that trust grew into multiple deals… and eventually into borrowed money. Then the rhythm changed. Payments needed reminders. A few days became longer delays. Excuses piled up. Kevin says the stress started showing at work and even clients could tell something was weighing on him. By then, this was no longer only an investment problem. His turning point was deciding to stop waiting quietly. Kevin documented what had happened, spoke publicly and engaged debt collectors. He recovered S$100,000, but the episode is less about getting money back than understanding how trust can blur risk. Today, he is sharing the mistakes publicly through Quest with Kev so other people can examine opportunities with less emotion than he did. Watch the full conversation now. **What We Discuss:** - [02:50](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=170s) What actually happened? - [09:32](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=572s) How did the property deal work for you as an investor? - [12:08](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=728s&pp=0gcJCWMAwfN6Pr3D) How were the vending students affected? - [15:42](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=942s) How did the investment deals start? - [17:46](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=1066s) How much did you invest initially? - [20:21](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=1221s) What made you invest even more? - [22:34](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=1354s) Did you take personal loans to invest? - [26:14](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=1574s&pp=0gcJCWMAwfN6Pr3D) How was this affecting your life? - [29:05](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=1745s) What did the debt collectors advise you? - [30:26](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=1826s) What percentage do debt collectors usually charge? - [34:14](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=2054s) Are you better off than some of the other affected people? - [38:00](https://www.youtube.com/watch?v=RhjuCjVNQ5k&t=2280s) Looking back, do you think greed played a part? **Episode Resources:** - [Spotify](https://open.spotify.com/episode/5FgYjupQM5vHLxetHqazDU?si=a2cbeaa7130b41c3) - [YouTube](https://www.youtube.com/watch?v=RhjuCjVNQ5k) - [Apple podcast](https://podcasts.apple.com/us/podcast/he-lost-%24484-300-to-takeshi-lim-and-engaged-debt/id1487004505?i=1000797511762) New episodes every [Thursday](https://www.thefinancialcoconut.com/blog/tag/chills-with-tfc) Share us your thoughts on this episode and let us know what do you want to hear next. 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