At least S$236,000 lost to e-commerce scams offering cheap gold over last two months

Victims would come across offers for cheap gold in online advertisements or live streams. - Photo: Reuters

SINGAPORE: Scammers have made off with at least S$236,000 since Sept 1, in a ruse involving the sale of gold online.

In a press release on Monday (Oct 28), the police said there has been a surge in such scams, with 26 cases reported in about two months.