$167k lost to online scams via fake Facebook and Instagram ads since September 2023, many cases involve CNY promotions
SINGAPORE – At least five people have lost $167,000 since September 2023 through fraudulent advertisements on Facebook or Instagram, police said. In many cases involving such scams, victims click on advertisements on the social media sites promoting the sale of Chinese New Year goodies. They are then redirected to WhatsApp, Facebook or Instagram messaging platforms to communicate with the "sellers",...