Over S$1.32 million seized, 46 people arrested in operation targeting higher-loss scams

In an islandwide operation which took place between Jan 2 and Jan 24 in Singapore, officers worked with local banks to trace the money lost by scam victims. - Photo: ST

SINGAPORE: More than S$1.32 million was seized and 46 people arrested, following a January operation targeting two types of scams that cause higher losses than others: government official impersonation and investment.

Some of the victims of these types of scams have been conned out of their entire life savings, said the police in a statement on Friday (Feb 7).