Scammers in region target Singapore

Taiwan group dangled Rolex watches, cut of stolen funds as rewards

Scammers have splurged on everything from luxury cars to Rolex watches with the millions they stole. The Straits Times looks at syndicates in the region that targeted victims in Singapore.

Sign up now: Get ST's newsletters delivered to your inbox

The scam syndicate in Taiwan ran like a well-oiled corporation, with managers, call centres, links to overseas partners and reward systems.
To motivate the workers in call centres, supervisors would tell them that they could earn enough to buy a luxury watch if they defraud more victims.
See more on