Singapore Saw 16 Percent Growth In Scams In H1

Singapore Saw 16 Percent Growth In Scams In H1

SINGAPORE, Aug 24 (NNN-XINHUA) – Singapore police recorded 26,587 scam cases, in the first half of this year, up 16.3 percent from the same period last year, according to a report released by the police.

The scam victims lost at least 385.6 million Singapore dollars (296 million U.S. dollars) from Jan to Jun, up 24.6 percent from the same period last year.

E-commerce scams, job scams, and phishing scams were the top three scam types in the first six months.

Scammers commonly reach out to victims through messaging platforms, social media, online shopping platforms, phone calls, and other websites, said the police, noting that, Facebook, WhatsApp, and Instagram remain particularly concerning.

Singapore police conducted 13 island-wide anti-scam enforcement operations, in the first half of the year, leading to the investigation of over 4,000 money mules and scammers.

The police said, they also worked with banks, e-commerce platforms, and foreign law enforcement agencies to combat scams.– NNN-XINHUA  

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