Companies lost $749,000 worth of goods in purchase order scams since August

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Scammers posing as government agencies and local universities made off with $749,000 worth of goods after duping companies into delivering them.. Read more at straitstimes.com.

Scammers posing as government agencies and local universities made off with $749,000 worth of goods after duping companies into delivering them.These emails requested quotations for electronics, IT-related items and medical devices such as automated external defibrillators to laser projectors.Investigations traced the delivery addresses in the POs typically to freight forwarding companies engaged by scammers to ship goods to countries such as the United Kingdom and Nigeria.

They can also look out for indicators such as grammatical or spelling errors and delivery addresses of private residences, freight forwarding companies or a self-storage facility. For more information on scams, members of the public can visit www.scamalert.sg or call the Anti-Scam Hotline at 1800-722-6688.

 

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