At least $362k lost since September: Police warn against scammers impersonating M1, MAS employees
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The police have warned members of the public to be wary of calls from people claiming to be M1 or Monetary Authority of Singapore (MAS) employees as they could be scammers.At least 13 cases of government official impersonation scams involving MAS and M1 haveAt least $362k lost since September: Police warn against scammers impersonating M1, MAS employees
The police have warned members of the public to be wary of calls from people claiming to be M1 or Monetary Authority of Singapore (MAS) employees as they could be scammers.At least 13 cases of government official impersonation scams involving MAS and M1 have been reported since September, with total losses amounting to at least $362,000, said the police in an advisory issued on Monday (Oct 6).Victims would usually receive unsolicited calls, including on WhatsApp, from scammers posing as M1 employees.The callers would then claim the victims had outstanding payments or mobile phone deliveries linked to existing mobile plans. Upon denying having such subscriptions, victims would be told to contact «customer service» via WhatsApp to terminate them.Their calls would be connected to another scammer pretending to be an MAS officer, who claimed their personal details had been misused for criminal activities such as money laundering or fraud.Victims were then instructed to transfer money to what the scammers referred to as «safety accounts», make payments via PayNow or cryptocurrency, or hand over cash to strangers. Read more