Victims cheated of $29k in DBS phishing scams since Sept 21

At least 14 cases of scams involving the impersonation of DBS Bank have been reported since Sept 21, with losses amounting to about $29,000.

- Christie Chiu

The numbers were announced in a joint advisory by the police and DBS on Oct 8 about the recent uptick of these phishing scams, warning the public not to fall for them.

In these cases, victims would receive an e-mail or text message supposedly from DBS urging them to click on an embedded online link to resolve an urgent issue with their accounts or digital tokens, or to participate in deals, promotions or membership applications.