If you find yourself receiving unsolicited calls from scammers claiming that you have outstanding insurance premiums or had performed bank card transactions, do not hand over your valuables for purported «investigation purposes».In this scam variant, victims who deny the claims would be transferred to other scammers impersonating as government officials from the Monetary Authority (MAS) of Singapore or Ministry of Law, said the Singapore Police Force in an advisory on Feb 20.These victims would then be accused of being involved in criminal activities such as money laundering, and provided with fake documents such as a «warrant of arrest» or «financial inspection order». The victims were then instructed to hand over their valuables to unknown subjects, purportedly for «investigation purposes».These items were either newly purchased by the victims, acting on the scammers' instructions, or owned by them.They would only realise that they have been scammed when the scammers become uncontactable, or when they sought verification with the relevant agencies. Read more