$32 million lost in Jan-Sep to new type of business scams

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SINGAPORE — At least $32 million was lost to scammers pretending to be business partners or employees, said the police on Wednesday (27 November).

SINGAPORE — At least $32 million was lost to scammers pretending to be business partners or employees in the first nine months of the year, said the police on Wednesday .

The scammers may also closely mimic emails by using the same business logos, links to the company’s website, or messaging format. The police called on businesses to call their banks immediately to recall the funds if they have been scammed.

 

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