At least 93 victims lost RM181 million to business e-mail compromise scams from Jan to March 2022, says Singapore police

SINGAPORE, July 30 (The Straits Times/ANN): In the first three months of 2022, around 93 victims lost at least S$56.2 million (RM181 million) to business e-mail compromise (BEC) scams, said the police on Friday (July 29).

This sum is almost 10 per cent of the $633.3 million lost to all scams in Singapore in 2021.