by chung chinyi | Apr 7, 2025 | Uncategorized
The case highlights several key aspects of modern financial fraud: Sophisticated impersonation: The scammers used deepfake technology to impersonate multiple executives, including the CEO and CFO, making their deception highly convincing. Comprehensive approach: The...
by chung chinyi | Apr 7, 2025 | Uncategorized
Digital Fraud in Financial Services: 2023 Trends According to the LexisNexis Risk Solutions report: Digital fraud attacks in financial services increased by 17% in 2023 Human-initiated attacks rose by 8% year-over-year, reaching 1.2% Regional variations were...
by chung chinyi | Apr 7, 2025 | Uncategorized
Singapore is experiencing a surge in impersonation scams involving Chinese platforms like WeChat, UnionPay, and Alipay. 678 cases have been reported since January 2025, and losses have exceeded SG$17.4 million. The scam typically works as follows: Scammers call from...
by chung chinyi | Apr 6, 2025 | Uncategorized
The Singapore Police Force and MAS have issued a joint advisory about scammers who impersonate MAS officials. Since March 2025, at least three cases have been reported with losses of at least $614,000. How the Scam Works Victims receive unsolicited calls from local...
by chung chinyi | Apr 6, 2025 | Uncategorized
Singapore is generally a safe travel destination, and you should exercise normal safety precautions—basically, using common sense and being alert, as you would in Australia. Safety Violent crime against tourists is rare.Petty crime like theft and pickpocketing can...
by chung chinyi | Apr 6, 2025 | Uncategorized
A 37-year-old Indian national man will be charged in court on April 7, 2025 (today) for allegedly stealing from several shops at Changi Airport Police were alerted on March 23 to a missing handbag from a shop in the airport’s transit area The suspect was...
