SG cops warn of property agent scam after close to 1,000 people lose almost S$4mil

Private homes in the Tanglin area in Singapore. The scammers impersonate legitimate property agents, asking victims for payment to secure rental of a unit before viewing. — Bloomberg

SINGAPORE: At least 997 people here have lost a total of S$3.9mil (RM12.55mil) since January after they fell victim to scammers posing as property agents, the police said on Friday (Aug 26).

There has been a resurgence of scammers impersonating legitimate property agents and asking victims for payment to secure the rental of a unit before viewing the property, according to the police advisory.