More than S$70 million lost this year to email scammers impersonating business partners, employees

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SINGAPORE: Victims have lost at least S$70.8 million this year to scammers impersonating business partners or employees via spoofed emails, the Singapore Police Force said in a news release on Saturday (May 21). Since January this year, at least 149 victims have fallen prey to such scams, where s

SINGAPORE: Victims have lost at least S$70.8 million this year to scammers impersonating business partners or employees via spoofed emails, the Singapore Police Force said in a news release on Saturday .

The spoofed email addresses often included slight misspellings or replacement of letters, which may not be obvious at first glance, said the police. The victims would believe that they had received a genuine email and transfer money to the new bank account.

 

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