Scam victims in Singapore lose record S$1.1bil in 2024; highest number of cases ever reported

The total amount lost to various ruses is 70 per cent higher than the S$651.8 million scammers took in 2023. - ST

SINGAPORE: Scam victims in Singapore lost S$1.1 billion in 2024, marking a record high amount of losses suffered in a single year.

The total amount lost to various ruses is 70 per cent higher than the $651.8 million scammers took in 2023, said police in releasing annual scam figures on Feb 25.

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Singapore , scam , victims , losses

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