Crores of fraud in the name of government officials..!?
The singapore police Force (SPF) and the Monetary Authority of singapore (MAS) issued an important press release yesterday, december 21, 2023. In the past few days, it said that "many crores of rupees have been defrauded by convincing people in the name of government officials. And in the joint statement released yesterday, it is said that since last january 2023, 41 people have fallen victim to the fraud and have lost a total of S$2.6 million.
How did this scam happen?
Some fraudsters have contacted the victims through mobile phones by posing as bank officials first. Then a substantial amount from their account went to another account. Do they know about it? They have created a fake image and put the first victims in fear. When the victim claims that he did not make the transaction, the money has been withdrawn from your account. But don't worry now we are transferring your call to our higher authority who will surely help you.
The other scammer, posing as a MAS (Monetary Authority of Singapore) officer, intimidated the victim into giving him some more information and eventually returned the call saying that their bank account was being used by a "money laundering" gang and should be handled by the police. He has talked about transferring to SPF (Singapore police Force) officer.
Finally, the fraudsters, posing as SPF officials, rob your money by asking you to transfer the money in your account to another safe SPF and MAS account. But it is only after a long time that they come to know that they have cheated the money. Now that this new type of fraud has started to raise its head in singapore, the authorities have said that Singaporeans should be very careful and alert and not accept such fake calls.
In a joint statement issued yesterday on december 21, the SPF officials of MAS said that if they accept such calls, they should immediately inform the appropriate authorities.
How did this scam happen?
Some fraudsters have contacted the victims through mobile phones by posing as bank officials first. Then a substantial amount from their account went to another account. Do they know about it? They have created a fake image and put the first victims in fear. When the victim claims that he did not make the transaction, the money has been withdrawn from your account. But don't worry now we are transferring your call to our higher authority who will surely help you.
The other scammer, posing as a MAS (Monetary Authority of Singapore) officer, intimidated the victim into giving him some more information and eventually returned the call saying that their bank account was being used by a "money laundering" gang and should be handled by the police. He has talked about transferring to SPF (Singapore police Force) officer.
Finally, the fraudsters, posing as SPF officials, rob your money by asking you to transfer the money in your account to another safe SPF and MAS account. But it is only after a long time that they come to know that they have cheated the money. Now that this new type of fraud has started to raise its head in singapore, the authorities have said that Singaporeans should be very careful and alert and not accept such fake calls.
In a joint statement issued yesterday on december 21, the SPF officials of MAS said that if they accept such calls, they should immediately inform the appropriate authorities.