Singapore: ASC, Banks Join Hands To Disrupt Over 2,000 Scams, Prevent SGD 90 Million Loss

Singapore: ASC, Banks Join Hands To Disrupt Over 2,000 Scams, Prevent SGD 90 Million Loss

connectedtoindia.comUpdated: Saturday, September 07, 2024, 07:08 PM IST
article-image
A representational image of a scamster. Photo courtesy: Unsplash |

A joint operation by Singapore Police Force’s Anti-Scam Centre (ASC) and six banks helped more than 6,400 people avoid a potential loss totalling over SGD 90 million. The operation ran for two months, from July 1 to August 31, 2024, and disrupted over 2,000 scams, as per reports.

The banks which took part in the said operation are DBS Bank, UOB, OCBC Bank, HSBC, GXS and Standard Chartered Bank.

ASC and the banks used robotic process automation technology to detect potential victims of scams. These scams were related to jobs, investments, fake friend calls and e-commerce, The Straits Times reported citing SPF.

The law enforcement officials were able to help the potential victims by sending them text messages (SMS) and alerting them about the potential dangers.

As per reports, 8,485 text messages were sent to 6,464 potential scam victims by the police officers. It led to the disruption of around 2,016 scams, SPF stated.

Urging the public to remain alert, SPF advised them to adopt preventive measures. They discouraged users from installing software from unverified sources and asked them to prioritise privacy while entering key login details.



(The article is published under a mutual content partnership arrangement between The Free Press Journal and Connected To India).

RECENT STORIES

'All Must Convert To Islam’: Zakir Naik Tells Pak Hindu Scholar Asking How To End Religion-Linked...

'All Must Convert To Islam’: Zakir Naik Tells Pak Hindu Scholar Asking How To End Religion-Linked...

EAM S Jaishankar To Visit Pakistan To Attend SCO Meeting On October 15-16, Announces MEA; Watch...

EAM S Jaishankar To Visit Pakistan To Attend SCO Meeting On October 15-16, Announces MEA; Watch...

Former Singapore Minister Iswaran Gets 12-Month Jail Term; Property Tycoon Ong Beng Seng Charged...

Former Singapore Minister Iswaran Gets 12-Month Jail Term; Property Tycoon Ong Beng Seng Charged...

Hashem Safieddine, Hassan Nasrallah's Likely Successor As Hezbollah Chief, Killed In Israeli Strike...

Hashem Safieddine, Hassan Nasrallah's Likely Successor As Hezbollah Chief, Killed In Israeli Strike...

Italian Family Believes Painting Found In Dump In 1960s Is A Picasso And Seeks Authentication

Italian Family Believes Painting Found In Dump In 1960s Is A Picasso And Seeks Authentication