2 victims avoid losing $3m to scammers, saved by Anti-Scam Centre and banks
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SINGAPORE – Two men were targeted in separate scam attempts in March that would have seen them lose more than $3 million, had it not been for the intervention of their banks and the police’s Anti-Scam Centre (ASC). Both cases involved scammers impersonat2 victims avoid losing $3m to scammers, saved by Anti-Scam Centre and banks
SINGAPORE – Two men were targeted in separate scam attempts in March that would have seen them lose more than $3 million, had it not been for the intervention of their banks and the police’s Anti-Scam Centre (ASC). Both cases involved scammers impersonating as government officials, said the police in a media statement on April 16. In one case, a 52-year-old was informed by a scammer posing as a senior police inspector that he was under investigation, and that he had to transfer a sum of $200,000 every day over a period of two weeks to various bank accounts for the purpose of “inspection and verification”. DBS Bank’s anti-mule team detected that something was amiss when the victim deposited a cheque of $500,000 to the account provided by the scammer. The bank immediately put a hold on the funds and surfaced this case to ASC who informed the victim he had fallen prey to a scam. The cheque was stopped by DBS Bank, and the intervention prevented further losses totalling $2.9 million. In the second case, a 76-year-old was contacted by a scammer who posed as a bank staff, and informed that his identity was being misused. Read more