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SINGAPORE: Near the end of every year, the Singh family sets up a Christmas tree dotted with presents for friends and relatives coming over to celebrate the festivities. But for 2023, their Christmas tree stood in a corner of their flat, bereft of gifts. Presents are the last thing on their
SINGAPORE: Near the end of every year, the Singh family sets up a Christmas tree dotted with presents for friends and relatives coming over to celebrate the festivities. But for 2023, their Christmas tree stood in a corner of their flat, bereft of gifts. Presents are the last thing on their
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In the last of our top three episodes from the archives, we look at the scourge of scams in Singapore. With increasing sophistication from the fraudsters, is public education enough? Should banks pay for some of the losses? If so, how can liability be fairly decided? Steven Chia speaks to Jansen Chow, co-head of fra
Malware scams are "particularly worrying", says Monetary Authority of Singapore chief Ravi Menon, adding that authorities need to find the "right approach" to decide who takes responsibility for losses arising from such scams.
The nine people arrested are suspected to be involved in money laundering activities linked to banking-related phishing scams.