More than S$15 million lost by victims of 'fake friends' scam in 2023

Singapore News News

More than S$15 million lost by victims of 'fake friends' scam in 2023
Singapore Latest News,Singapore Headlines
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SINGAPORE: About 4,800 people have fallen victim to a persistent 'fake friend' scam since January this year, with their losses amounting to at least S$15.7 million (US$11.6 million), the Singapore Police Force (SPF) said on Wednesday (Aug 30). The scam variant involves scammers contacting victims while pre

SINGAPORE: About 4,800 people have fallen victim to a persistent"fake friend" scam since January this year, with their losses amounting to at least S$15.7 million , the Singapore Police Force said on Wednesday .

These scammers contact their victims through text messages, or via phone and WhatsApp calls from unknown numbers which may or may not have the +65 prefix. "In response, the victims would then provide the name of a friend whom they believed the caller could be. Scammers would subsequently contact victims to ask for loans and would claim that they were unable to perform banking transactions or were experiencing financial difficulties."Victims would only discover that they had been scammed after contacting their actual friends or acquaintances whom the scammers had impersonated, or when their loan was not returned as promised."

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