70-Year-Old Singaporean Retiree Loses S$16,500 to Scammer Posing as Monetary Authority Officer

70-year-old Singaporean retiree loses S$16,500 to scammer posing as Monetary Authority officer

A 70-year-old Singaporean woman has lost S$16,500 to a scammer who convinced her she was under investigation for fraud. According to Shin Min Daily News, the woman, named Lee, fell victim to a syndicate that claimed to be “officer” from the Monetary Authority of Singapore (MAS). On 10 July, Lee received a text message stating that her “UnionPay insurance” was about to expire. The message warned that S$750 would be automatically deducted from her…

70-year-old woman loses $16,500 after falling for scam involving secret code and fake officials

A 70-year-old retiree lost a total of $16,500 after falling victim to a scam involving a fake official and a “secret code.” According to a report by Shin Min Daily News, Madam Lee said she received a text on July 10 claiming that her “UnionPay insurance” was expiring. The message warned that $750 would soon be deducted from her bank account every month for 24 months. Worried, she called the number in the message to clarify, saying she never boug…

Elderly woman loses $16,500 in scam involving fake official and secret code

A 70-year-old woman was cheated of $16,500 after a fraudster posing as a government official accused her of being involved in a criminal case and instructed her to hand over her savings for "investigation"....