by chung chinyi | Feb 25, 2025 | Uncategorized
SINGAPORE: In a significant week-long police operation, authorities apprehended 13 individuals suspected of supplying SIM cards to criminals in exchange for cash or online credits, with the youngest among them being just 17 years old. This operation, which ran from...
by chung chinyi | Feb 25, 2025 | Uncategorized
For quite some time, the realm of cryptocurrencies has been a magnet for deceitful individuals. But what fuels this phenomenon? Much like scammers target digital banking platforms and lending institutions, cryptocurrency exchanges present a swift route for fraudsters...
by chung chinyi | Feb 25, 2025 | Uncategorized
In the past year, Singapore has faced a staggering surge in scam-related financial losses, amounting to an alarming S$1.1 billion. This figure represents a dramatic increase of 70.6% compared to 2023, which saw losses of S$651.8 million. The rise in reported scams is...
by chung chinyi | Feb 25, 2025 | Uncategorized
According to an anti-fraud technology company, in 2024, Thailand experienced an unprecedented rise in scam calls and text messages, exceeding 168 million, more than double the figure from the previous year. This surge prompted authorities to intensify their efforts...
by chung chinyi | Feb 25, 2025 | Uncategorized
SINGAPORE: According to police data released on Tuesday, in 2024, Singapore experienced a staggering loss of at least S$1.1 billion to scams—an alarming rise of 70.6% compared to the previous year. The Singapore Police Force (SPF) reported that the number of scam...
