Browsing Tag

Scams

16 posts

Singapore woman loses S$199,996 in deceptive shopping app scam

A 56-year-old woman in Singapore fell prey to an online scam involving a deceptive “shopping app”, losing S$199,996. After reporting the incident, she was later contacted by an alleged “investigator from Woodlands Police Division”, leading her to discover the impersonation and report the incident again to the authorities. The Singapore Police Force issued an alert about 134 individuals falling victim to government agency impersonation scams, losing $375,000 collectively between 1 June and 12 July.

Sabah woman falls prey to ‘Korean oppa’ love scam, loses USD 551,000

A woman in Sabah fell victim to a love scam, losing RM2.5 million (approximately USD 551,250) after placing trust in a ‘Korean Oppa’ on Instagram. In Malaysia, a staggering 7,548 love scam cases have been recorded from 2018 to June 2023, with losses surpassing RM382 million (approximately USD 84 million).

RM1.23 million lost via part-time job scams; Malaysian police investigate scam syndicate operating via WhatsApp

Malaysian police report over RM1.23 million losses between January to June due to a part-time job scam syndicate operating through WhatsApp, with 104 investigations currently underway.

Singapore banks told to phase out SMS OTP as sole factor of authenticating high-risk transactions

The Monetary Authority of Singapore has required banks to phase out SMS OTP as a sole factor to authenticate high-risk transactions,” said Senior Minister Tharman Shanmugaratnam in a recent parliamentary reply

Pre-school teacher loses S$4,400 in sophisticated malware scam

Singaporean preschool teacher lost S$4,400 in a supposed malware scam targeting her bank account two months after downloading an app from an online advertisement. This incident contributes to a growing list of similar scams impacting Android users recently, prompting a warning from the Singapore Police Force.

“Fake Friend” scam hits 3,718 victims in Singapore, S$12 million lost

A significant surge in ‘fake friend’ call scams has been reported, with over 3,718 victims falling prey to this fraudulent activity since January. The losses have totalled more than S$12 million.

Singaporean man lost S$6000 to 2-dollar ‘bak zhang’ scam

Singaporeans urged to be cautious in online transactions as scammers exploit victims with deceptive deals, leading to financial losses. In a recent incident, a Singaporean fell victim to an online scam when purchasing 2-dollar ‘bak zhang’ (meat dumplings) and subsequently discovered that approximately S$6,000 had been fraudulently withdrawn from his bank account.

Singapore Police issues alert over malware scams as two victims lose nearly S$100k in CPF savings

Singapore Police caution Android users after two victims lose nearly S$100k from their CPF savings to a new strain of phishing malware scams.

Former CarTimes employee allegedly scammed customer of $67,000 and trade-in vehicle, police investigating

A Singaporean private hire driver fell victim to a scam, losing S$67,000 in cash and ownership of her car. The victim, Polin Ng, shared her experience on Facebook, recounting interactions with a former CarTimes Group salesperson accused of fraud. Ng made payments but discovered they weren’t received, and her car’s ownership wasn’t transferred to the company. CarTimes Group addressed the situation, stating they did not authorize or condone the salesperson’s alleged actions. The police confirmed ongoing investigations into the incident.

Singapore Police warns on new phishing scams with fake ScamShield App as bait

The Singapore Police Force has issued a warning about a new phishing scam involving a fraudulent ScamShield App. A victim named Mr. Jiang shared his experience, nearly losing his savings. After encountering an advertisement for otah on Facebook, he placed an order but was instructed to download an app and make a deposit. Realizing something was wrong, he tried to delete the app but couldn’t. Later, a scammer posing as a bank staff member convinced him to download a fake ScamShield App, resulting in unauthorized transactions of S$70,000. The police advise caution and not to download suspicious applications.