Singapore endorses communique on tackling scams at inaugural global fraud summit

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Singapore endorses communique on tackling scams at inaugural global fraud summit
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Some countries are interested in measures that Singapore has implemented to combat scams, like the SMS Sender ID registry, Second Minister for Home Affairs Josephine Teo said.

Second Minister for Home Affairs Josephine Teo attended the inaugural Global Fraud Summit in London. A communique signalling a commitment to tackle fraud and scams was endorsed by 11 countries at the summit. SINGAPORE: The communique endorsed by Singapore and 10 other countries on Monday in London at the inaugural Global Fraud Summit signals a high level commitment to tackle scams, Second Minister for Home Affairs Josephine Teo said on Wednesday.

Australia, Canada, France, Germany, Italy, Japan, New Zealand, the Republic of Korea, the United Kingdom and the United States also endorsed the communique.fraudulent funds often flow out of a jurisdiction very quickly. "International collaboration is a critical component of Singapore’s strategy to combat fraud, and we are committed to doing our part – both domestically and on the global stage," Mrs Teo said, according to a press release from the Ministry of Home Affairs.

There were a record 46,563 scam cases in Singapore last year. The most common scam that people fell for were job scams, followed by e-commerce and fake friend call scams. particularly the fact that the law allows the government to ask social media platforms to disable access to scam content or accounts.

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