The recent phishing saga involving customers of OCBC Bank has highlighted the epidemic of scams in Singapore, where victims have lost more than S$965mil (RM2.9bil) in just over 5½ years, checks by The Straits Times showed.
Scammers pocketed a record high S$268.4mil in total in 2020, a figure Home Affairs and Law Minister K. Shanmugam revealed last year in a written response to a parliamentary question on scams.
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