Phishing scams involving the impersonation of bank employees have increased from 149 cases in 2020 to 1,021 cases last year.
May 24, 2022While banks have been supporting the police's Anti-Scam Centre for the past three years, only DBS currently has staff physically located inside the centre.
April 6, 2022In a four-day operation last week, the police and five banks intervened in 150 scam cases, which resulted in the arrests of 35 individuals.
March 31, 2022The false statements were used to induce investors to trade listed securities. SGX has previously warned about the use of Telegram chat groups in “pump and dump” schemes.
February 10, 2022On instructions from a man she met online, a secretary of a law firm opened bank accounts that were used to receive funds stolen from a Botswana bank.
October 11, 2021Malicious actors gained access to the systems of overseas telecom operators to divert SMS OTPs and authenticate fraudulent card transactions.
September 16, 2021A husband and wife were jailed for 17 and 14 years respectively after pleading guilty to cheating, forgery and money laundering offences.
August 18, 2021The former CFO of SGX-listed Broadway Industrial Group communicated insider information to two other individuals.
July 23, 2021A former Grab and Uber driver has admitted to playing the role of a "dummy director" of several shell companies involved in the SkillsFuture scam.
July 20, 2021A task force has been set up to help Singapore's financial industry improve safeguards against scams and fraudulent transactions.
July 15, 2021