Singapore, Scam
Scam victims in Singapore lose record $1.1 billion in 2024; highest number of cases ever reported
SINGAPORE - Scam victims in Singapore lost $1.1 billion in 2024, marking a record high amount of losses suffered in a single year. The total amount lost to various ruses is 70 per cent higher than the $651.8 million scammers took in 2023, said police in releasing annual scam figures on Feb 25.
SINGAPORE: A man with an intellectual disability fell for a woman he got to know via social media and transferred her more ...
It is tough for the government to track the proportion of seized scam proceeds that are returned to victims or forfeited to ...
Nearly half of Singaporean IT decision-makers (46%) struggle to distinguish legitimate emails from phishing scams, according ...
Singapore is considering various proposals on how to best compensate scam victims, parliament was told on Friday. Minister of ...
Singapore saw a sharp rise in scam losses last year, with victims losing a record S$1.1 billion, the highest-ever total ...
The Singaporean authorities have cited inability to extradite former Central Bank Governor Arjun Mahendran to Sri Lanka in ...
Social workers are educating people with intellectual disabilities about scam prevention. Read more at straitstimes.com.
Member of Parliament Gerald Giam suggested establishing a scam victim restitution fund financed by the confiscated proceeds from recent money laundering cases.
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