Woman loses a fortune to bogus WeChat scheme


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 (RM221,800), hoping to cancel the policy. Ironically, the policy was called “protection from scams insurance”.

Impersonating a WeChat employee, the scammer told the victim, 35, that she needed to make several transfers from her bank accounts to “authenticate” the cancellation of this policy.

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