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How the Singapore Police Force helped prevent the loss of S$200 million in scam cases

Deputy Assistant Commissioner Aileen Yap Ker Sim, Assistant Director, Anti-Scam Command of the Commercial Affairs Department shares how working with community organisations and financial institutions are key to the success of its scam prevention task force.
Aileen Yap Monetary Authority Of Singapore National Crime Prevention Council Singapore Police Force Ministry Of Communications Ministry Of Home Affairs

UOB's anti-fraud team thwarts scam and recovers funds in 30 mins

SINGAPORE - An elderly man almost lost his entire life savings in a high-tech scam last year. But with the aid of its detection system, UOBs Integrated Fraud Management Unit was able to flag the transaction and recover all the funds within just 30 minutes. Mr Richard Soh, head of investigations at the department, said the banks system uses machine learning and artificial intelligence as it monitors all transactions in real time. He said that in the mans case, he usually made transactions of at ...
United States Scam Centre Community Partnership Award Fraud Management Unit Richard Soh Project Frontier

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