Young couple in SG lost S$120,000 in fake text message scam targeting bank customers

With scammers using more advanced technologies and software, the simplest advice may work best – be suspicious of messages sent via SMS or WhatsApp asking for personal details. — Unsplash

SINGAPORE: It took a man and his wife five years to save about S$120,000 (RM372,620), but in just 30 minutes, scammers using a fake text message stole the money they had kept in their OCBC Bank joint savings account.

The couple in their 20s were among at least 469 people who reportedly fell victim to phishing scams involving OCBC Bank in the last two weeks of December last year.