Invest
Over $57,000,000 scammed – Learn How to Spot A Scam and Protect Your Hard-Earned Money
By Singapore's Budget Babe  •  October 1, 2019
In the first 7 months of 2019 alone, more than 57 million dollars was scammed from unsuspecting victims.

These sobering statistics are according to the National Crime Prevention Council (NCPC). 

With scammers becoming more savvy these days and constantly changing their tactics to appear increasingly legitimate, it isn't surprising that more people are falling prey to these schemes and losing their hard-earned money.

Read: The number of loan scams more than doubled to 692 cases and losses of $2.2 million in the first half of 2019, and the number of e-commerce scams climbed to 1,435 and a total of $1.2 million cheated from unsuspecting victims. 128 suspects are currently being investigated by the police, after an islandwide operation conducted the week before.

We've seen so many scams in recent years that it is getting hard to keep track. Some notable examples include the DHL scam, the customs police scam, the DBS phishing scam, the...
Read the full article
By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance