S$32 million lost to email scammers impersonating business partners, employees: Police

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SINGAPORE: Victims have lost at least S$32 million to scammers impersonating business partners or employees, the Singapore Police Force said in a ...

SINGAPORE: Victims have lost at least S$32 million to scammers impersonating business partners or employees, the Singapore Police Force said in a news release on Tuesday .

"A new variant of the scam has been observed whereby scammers are impersonating as the company’s employees," police said. "The victims would believe that they had received a genuine email and transfer money to the new bank account.

 

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