Singaporeans suffer record 822 million USD in scam losses
E-commerce scams were the top scam type flagged by the Singaporean police, followed by job scams, phishing scams, investment scams and fake friend call scams.
Hanoi (VNA) - At least 1.1 billion SDG (822 million USD) was lost to scams in 2024, with cryptocurrency-related scams accounting for nearly 25% of the total, the Singapore Police Force (SPF) reported on February 25.
E-commerce scams were the top scam type flagged by the police, followed by job scams, phishing scams, investment scams and fake friend call scams.
Cryptocurrency losses made up a larger percentage of scam losses last year, accounting for about 24.3% of total scam losses. Meanwhile, fraud through e-commerce transactions was the most common type with 11,665 cases, causing losses of 17.5 million SDG.
The total number of scam cases also increased by 10.6% to 51,501 cases in 2024, the SPF’s report said.
Statistics showed that although people aged 65 and over accounted for only 8.4% of total victims, they had the highest average loss of all age groups.
SPF noted that its Anti-Scam Command, which was set up in March 2022, managed to recover more than 182 million USD of scam losses in 2024.
🎃 To combat rising fraud, the Southeast Asian nation’s parliament passed the the Protection from Scams Act in January, which provides the police with powers to issue a restriction order to banks to restrict the banking transactions of an individual if there is reason to believe that the person is likely to make money transfers to a scammer./.
The operation followed an urgent meeting between Pol Gen Thatchai Pitaneelaboot, the Royal Thai Police inspector-general, and Cambodian high-ranking police officers on February 21 to discuss operational plans to eradicate call centre scam gangs.
Myanmar has handed over more than 100 Chinese scam centre workers to be repatriated through Thailand, the third batch in a major crackdown on the illegal operations.
To date, among the 260 individuals from 20 countries who have been rescued from call centres in Myanmar, 258 have been identified as trafficking victims.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
