6 in 10 scam victims in 2022 aged below 40 as total cases surge 30%, losses hit S$660m

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6 in 10 scam victims in 2022 aged below 40 as total cases surge 30%, losses hit S$660m
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S'poreans under 40 most likely scam victims as overall reported cases surge one-third to 31,728 in 2022

Data released by the Singapore Police Force on Wednesday showed that a total of 31,728 scams were reported in 2022, up 32.6 per cent from the 23,933 scams reported in 2021.

One key difference with those aged 40 and over is that phone calls were among the means often used to contact them, along with messaging platforms and social media.Young adults, aged 20 to 29, accounted for 26.7 per cent of scam victims.Adults, aged 40 to 49, formed 19.2 per cent of scam victims.The elderly, 60 and above, accounted for 8.8 per cent of scam victims.In 2022, the most common scams: Phishing scams, job scams, e-commerce scams and investment scams, was an unchanged list from 2021.

This number of reported cases of this type of scam trebled to 2,106 in 2022 with nearly half of victims aged 30 to 49. They lost at least S$8.8 million in 2022, up from at least S$4.5 million in 2021. One of the ways that the SPF reaches out to the public is through their anti-scam campaigns. One of this year’s campaigns that they worked on with other agencies, “I can ACT against scams”, encourages people to proactively protect themselves.

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