$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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People are getting more stupid nowadays, perhaps too much sugar in their diet!

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S$32 million lost to email scammers impersonating business partners, employees: PoliceSINGAPORE: Victims have lost at least S$32 million to scammers impersonating business partners or employees, the Singapore Police Force said in a ...
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Victims lose over $32m to business e-mail impersonation scams in first 9 months of this year: PoliceSINGAPORE - Businesses have lost more than $32 million to e-mail impersonation scams between January and September this year, the police warned on Tuesday (Nov 26).. Read more at straitstimes.com.
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