gerhao.blogg.se

In another variant of loan scams, spoofed loan advertisement messages are purportedly sent by banks such as POSB, DBS, UOB, CIMB and OCBC.

After making the transfer, victims find that the scammers are no longer contactable. Interested parties are instructed to transfer money as a deposit before the loan can be disbursed. The scammers may claim to be staff from a licensed moneylender. Members of the public would receive SMSes or WhatsApp messages offering loans and loan services.

Your OTP is like your ATM pin, do not reveal it to anyone. Never share your Internet banking account details and OTPs with anybody – legitimate contests or promotions will never ask for such details. Victims would later discover that fraudulent transactions had been made from their bank accounts and mobile wallets without their consent. Scammers would usually ask the victims for their personal details such as their mobile number, Internet banking account details and One-Time Password (OTP) on the pretext of helping them to sign up for fake contests or promotions allegedly organised by Lazada, Shopee and Qoo10.

Remember, if a deal is too good to be true, it probably is. To avoid being a victim of e-commerce scams, buy only from reputable platforms with customer protection policies or insist on paying only after the goods have been received or services have been rendered. The most common platforms for e-commerce scams in Singapore are digital platforms such as Carousell, Facebook, Instagram, Shopee and Lazada, where scammers typically tout low prices for their merchandise, which in turn attract unwitting online customers. In this issue of Police Life, read on to find out the scam situation and why it is important that everyone stays informed and vigilant against scams.Į-commerce scams, social media impersonation scams and loan scams were the top three scam types reported to the Police in the first three months of 2020. This is about S$9 million (or 27.9%) more compared to the same period last year. In the latest Police News Release on ScamSituation between January and March 2020, at least S$41.3 million was lost to scammers. In recent years, scam cases have continued to rise as scammers find various ways to dupe unsuspecting victims out of their hard-earned money.