At least S$6.7 million lost to government official impersonation scams in September

SINGAPORE: The authorities warned on Thursday ( Oct 10 ) of a rise in government official impersonation scams, with at least S$ 6.7 million &nbsp, ( US$ 5.1 million ) lost in September. &nbsp,

According to a joint press release from the police and the Monetary Authority of Singapore ( MAS ), at least 100 cases were also reported during that time.

In this type of fraud, patients would get unsolicited names from phony institution officers, generally from DBS, OCBC, UOB, or Standard Chartered Bank.

The cheater may contact the victim to ensure that a credit card had been issued under their brand or that dubious or false activities had been detected in their bank accounts.

The scam do forward the call to a next caller who would deceive a police officer or MAS official when the sufferer was unaware of these activities.

At days, the swindlers may hold video calling dressed as officers or MAS officers, using false badges and backdrops with the company’s brand.

According to the authorities, the victim and the next scam could exchange messages via WhatsApp. &nbsp,

” In some cases, the con artists may hand out false official documents or warrants to support their deception.

The scammers would accuse the target of being involved in criminal activity like money laundering, and request that the victim transfer funds to” safe accounts” designated by the government to support studies, the authorities said. &nbsp,