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The Straits Times New digital Frontier in Singapore's fight against scammers targets syndicates' funds With the latest initiative by the Singapore Police Force's Anti-Scam Centre, the process can be done within one working day.PHOTO: ST FILE https://str.sg/JCbp They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/mo...

The Straits Times Police partner financial institutions to freeze scammers' bank accounts The Anti-Scam Centre of the Singapore Police Force leading a three-day operation in January to intervene in investment scam and fake gambling platform scam cases. A record number of scams - 15,756 - was detected last year, climbing 65.1 per cent from 2019. ST PHOTO: KHALID BABA https://str.sg/JVnd They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you

0 Engagements The police have partnered more than 20 financial institutions that will move to freeze most bank accounts suspected to be linked to scammers within a day, in a bid to minimise losses to victims and tackle the ongoing scourge of scams. This initiative - named Project Frontier (Funds Recovery Operations and Networks Team, Inspiring Effective Resolutions) - has reduced the time needed to freeze such bank accounts from 14 to 60 working days previously, said Minister of State for Home Affairs Desmond Tan yesterday. "I've asked banks if we can work together to further compress the tur...