Bank customers were alerted after suspicious transactions were identified using Robotic Process Automation. - Photo: ST
SINGAPORE: A collaboration between the police and five banks thwarted over 1,338 scams in progress between Sept 1 and Oct 31, preventing potential victims from losing more than S$53 million in all.
The police on Friday (Nov 8) said its Anti-Scam Centre (ASC) worked with DBS Bank, HSBC Bank, OCBC Bank, Standard Chartered Bank and UOB Bank to foil the job, investment, e-commerce and fake friend call scams.
