‘I didn’t stop to think’: Man in S’pore almost lost over S$1mil if not for bank’s anti-scam team

The victim, John, said the scammers used the tactic of confusion by transferring him to different authority figures. — Image by zaozaa09 on Freepik

SINGAPORE: He was told over the phone by someone claiming to be a court official that he was involved in illegal money laundering activities, and while John (not his real name) knew he had done nothing wrong, fear set in.

After a series of phone calls with the “court official” as well as “police officers” and even an “auditor” claiming to be from the Monetary Authority of Singapore, the 58-year-old, who works in financial services, grew so worried he gave up personal information, including his bank account details.