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Between Aug 28, 2024, and the end of the year, at least 1,591 cases of impersonation scams featuring Chinese firms were reported, with total losses of at least $27.9 million.
Singapore

Woman loses $67,500 to scammer posing as WeChat employee

In deciding whether to refinance, home owners should first check for any penalty as most home loan packages have a two- to three-year lock-in period, says DBS head of financial planning literacy Lorna Tan.
Singapore

More home owners refinance mortgages in 2024

Victims were tricked into sharing their personal details at a fake PayNow website.
Singapore

Delete text messages urging renewal of PayNow ‘certificate’

Mr Melvin Chan and his wife were at the Tokyo DisneySea theme park on Oct 7 when they realised that none of their cards was working.
Singapore

S'porean cash-strapped in Japan after falling victim to identity theft

JP Morgan Chase Bank's relationship managers had made inaccurate or incomplete disclosures to clients.
Singapore

JP Morgan fined $2.4m for its relationship managers’ misconduct

    Scam-related claims as a proportion of total claims have also been rising.
    Singapore

    Scam claims surge 63% in Singapore

    UOB said in an update at 12.32pm that the affected services had been fully restored, about half an hour after saying that it was progressively reinstating them.
    Singapore

    UOB credit, debit card services restored after disruption

    Over the next two years, OCBC aims to expand this payments service to more digital wallets including Indonesia’s GoPay and Ovo.
    Singapore

    OCBC to offer cross-border payments in over 50 digital wallets

    Chiong Tze Yu, 13, answering a question about online shopping scams on a "children's ATM" featuring an interactive game.
    Singapore

    Gamified experiences help children gain financial literacy, spot scams