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Victims lose nearly $lm to scammers claiming to work for China-based firms
The Straits Times
|September 11, 2024
Scam victims in Singapore lost nearly $1 million in under two weeks to con men who claimed to be working for China-based businesses like Tencent, WeChat or UnionPay.
The police said in a statement on Sept 10 that there have been at least 46 such cases reported since Aug 29, and victims have lost at least $958,000 to these con men.
The latest scam tactic involves victims getting unsolicited phone calls from someone trying to pass off as an employee of a Chinese business, the statement added.
The con man would claim to inform the victims of an expiring free trial of a subscription that they had previously signed up for, such as insurance coverage or WeChat's anti-harassment function.
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