S $ 500,000 scam foiled by police and digital asset trading company
The victim was then ordered to provide her personal information and all of her bank account details, including internet banking credentials, to facilitate police investigations. She was also asked to download a messaging app to report her daily trips.
On October 28, QCP Capital discovered discrepancies when a new client, using the victim’s identity, attempted to register an account online with the company. After performing some checks, company staff suspected something was wrong and alerted the police.
The police were able to convince the victim that she was the victim of an identity theft scam of government officials and stopped the attempted scam involving S $ 500,000.
“The police would like to thank QCP Capital Pte Ltd and its staff for their vigilance, which made it possible to intervene in a timely manner and thwart the attempted fraud,” the statement said.
In the first nine months of this year, at least 50 victims have been deceived by crooks posing as High Court officials, with at least S $ 6.8 million lost.
“The police would like to remind members of the public to be vigilant and cautious of people who may pose as government officials, such as High Court officials or police officers,” the police said. police in the press release.
Members of the public are advised to take the following precautions when receiving unsolicited calls, especially from unknown persons:
- Ignore calls. If you receive a suspicious call from a local number, hang up and wait five minutes before redialing the number to verify the validity of the request.
- Ignore the instructions for remitting or transferring money.
- Do not disclose personal information and bank details, whether online or over the phone
- Call a trusted friend or relative before you act.
- For more information on scams, members of the public can visit scamalert.sg or call the Anti-Scam Hotline at 1-800-722-6688.