Woman in Singapore loses S$67,000 after believing scammer’s lie that she wrongly bought WeChat ‘anti-scam insurance’

Between Aug 28, 2024, and the end of the year, at least 1,591 cases of impersonation scams featuring Chinese firms were reported, with total losses of at least $27.9 million. - Photo: ST

SINGAPORE: A woman lost most of her savings after she believed a scammer’s lie that she had mistakenly bought insurance coverage from WeChat and paid S$67,500, hoping to cancel the policy.

Ironically, the policy was called “protection from scams insurance”.