DBS staff, police stop 2 victims from losing $820k to government official impersonation scams
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DBS staff helped an elderly woman from being scammed twice and referred the case to the police. The police said in a news release on Thursday (May 29) that the 77-year-old woman had tried withdrawing $200,000 in cash at DBS' Holland Village branch on ApriDBS staff, police stop 2 victims from losing $820k to government official impersonation scams
DBS staff helped an elderly woman from being scammed twice and referred the case to the police. The police said in a news release on Thursday (May 29) that the 77-year-old woman had tried withdrawing $200,000 in cash at DBS' Holland Village branch on April 2. When asked about the transaction, she said the money was for her nephew's wedding, even though she had already withdrawn $160,000 the day before. Suspicious, the staff referred her to the DBS Bank Anti-Scam team, who sought assistance from the police's Anti-Scam Centre (ASC). ACS officers engaged the elderly woman and learnt that she had been contacted by an unknown caller claiming to be «telecommunications company staff' who transferred her to scammers posing as the »Hong Kong police« and »staff« from the Monetary Authority of Singapore (MAS). The »Hong Kong police« had told the victim that she was under investigation for money laundering and instructed her to withdraw $620,000 and hand it over to the »MAS staff" for investigation. Thanks to DBS' escalation of the case and intervention by ASC, the woman was prevented from losing $620,000. Read more