Between January and May 2023, victims lost $10.2 million to fake friend call scams. Read more at straitstimes.com.
SINGAPORE – Syndicates behind the fake friend scams are now employing new tactics to trick victims, such as requesting for favours instead of asking for money upfront.
Victims may unknowingly be entering their bank details on phishing websites, or downloading malware on their mobile phones. From January to May 2023, at least 3,000 victims lost $10.2 million to fake friend call scams, according to the latest police figures. In May 2023 alone, 859 people were duped by fake friend call scams, with losses totalling at least $2.7 million.
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