Singapore Police Disrupt Over 2,800 Scams, Preventing Millions in Losses

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The Singapore Police Force's Anti-Scam Center, in collaboration with six banks, successfully disrupted over 2,800 scams between May 1st and June 30th. This joint effort involved the utilization of robotic process automation technology to detect and prevent various types of scams, including job scams, investment scams, fake friend scams, and e-commerce scams.

Through this collaboration, the police and banks were able to identify potential victims and notify them to halt any ongoing monetary transfers. This timely intervention resulted in the prevention of financial losses exceeding 47 million Singapore dollars (approximately 35 million U.S. dollars). The authorities sent nearly 14,000 short messages to over 9,800 scam victims, effectively mitigating the impact of these fraudulent activities.

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May 21, 2023 | 05:09