Losses of over $100m prevented after more than 3,000 scams disrupted by S’pore police, banks

Losses of over $100m prevented after more than 3,000 scams disrupted by S’pore police, banks

The Straits Times - Singapore·2024-05-07 14:00

SINGAPORE - Police and banks disrupted more than 3,000 ongoing scams to help prevent losses of over $100 million 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.

……

Read full article on The Straits Times - Singapore

Singapore scam Bank