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How a retiree lost $200k to scammers who posed as cops
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Around 46,000 scam cases were reported here in 2023 and there is no sign that the situation has improved, given there was already a record high of 26,587 incidents reported in the first half of 2024.
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SINGAPORE - A retiree, seemingly well up on the ways of the world, still ended up losing $200,000 to scammers who posed as foreign cops and maliciously preyed on her illogical fear of being convicted of a “crime” overseas.
Illogical might be too kind a word: The 70-year-old might not even have visited that country then, but she was so fearful of getting a criminal conviction for misusing her credit card there that she transferred the $200,000 to the “police” for safe-keeping, though no government would offer such a service.
