Losses of over RM350mil prevented after more than 3,000 scams disrupted by S’pore police, banks

Anti-Scam Centre officers working together with six partnering banks during the two-month-long operation. — Photo: SINGAPORE POLICE FORCE/ST/ANN

SINGAPORE: Police and banks disrupted more than 3,000 ongoing scams to help prevent losses of over S$100mil (RM350.47mil) in a two-month-long operation, the police said in a statement on May 7.

The police’s Anti-Scam Centre partnered with six banks – DBS Bank, UOB, OCBC Bank, HSBC, GXS and Standard Chartered Bank – to use robotic process automation to identify victims of scams, including job, e-commerce and investment scams.