SG woman saved from losing S$500,000 after digital-asset firm flags scam to cops

QCP Capital played a critical role in foiling what is billed as a Government Officials Impersonation Scam. — The Straits Times/ANN

SINGAPORE: When the person on the automated voice machine told her he was from the High Court and said that she was a suspect in a money-laundering case, Megan (not her real name) panicked.

She insisted she was innocent, and he eventually suggested she might have been a victim of identity theft. She then spoke to another person who identified himself as Inspector Lim from the Singapore Police Force, who said they would investigate further.

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