The police have alerted the public on a scam variant involving fraudulent advertisements and posts on social media which allegedly claim to be able to assist with applications for Singapore permanent residency (PR). There have been about 24 such cases reported since January this year with losses amounting to about $397,000.In an advisory issued on Wednesday (April 22), the police said that victims would encounter such advertisements or posts on platforms such as Facebook and Instagram. These advertisements/posts would offer services to obtain PR in Singapore. Victims would be misled by scammers into paying application fees and additional charges under the pretext of improving their chances of success through investment in companies, purchases of academic certifications and donations.Scammers may also provide forged shareholder certificates purportedly issued by the Accounting and Corporate Regulatory Authority, school certificates and donation receipts to enhance their deception.They would then instruct the victims to make bank transfers or physically meet up with unknown persons to hand over cash. Read more