{"id":35682,"date":"2026-03-12T15:37:40","date_gmt":"2026-03-12T07:37:40","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=35682"},"modified":"2026-03-12T15:37:40","modified_gmt":"2026-03-12T07:37:40","slug":"scam-tracker-what-are-the-trends-in-singapore-and-how-much-money-has-been-lost-in-2026","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=35682","title":{"rendered":"Scam tracker: What are the trends in Singapore and how much money has been lost in 2026?"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">SINGAPORE \u2013 <!-- -->Scams are a significant problem in Singapore, having cost victims more than $4 billion since 2019.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The number of cases climbed to record highs, falling only recently for the first time in eight years.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">In 2025, there were a total of <a href=\"https:\/\/www.straitstimes.com\/singapore\/courts-crime\/spore-scam-losses-fall-to-913m-in-2025-new-trend-of-victims-handing-over-gold-bars-to-syndicates?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><span class=\"font-body-baseline-regular inline\" data-testid=\"paragraph-test-id\">37,308 cases with $913.1 million<\/span><\/a> lost. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Of this sum, the police have recovered about $140.5 million.<\/p>\n<figure class=\"portrait inline-media-wrapper\" style=\"--aspect-article-portrait:1140 \/ 1488\" data-testid=\"inline-media-test-id\">\n<div class=\"flex flex-col items-start relative w-fit\"><picture><source media=\"(max-width: 480px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/0e667672faf1ef70cc67b97ffab53309f7288a8a07b950d5dd7c1d8fe5008c2a?w=480\"\/><source media=\"(min-width: 481px) and (max-width: 720px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/0e667672faf1ef70cc67b97ffab53309f7288a8a07b950d5dd7c1d8fe5008c2a?w=720\"\/><source media=\"(min-width: 721px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/0e667672faf1ef70cc67b97ffab53309f7288a8a07b950d5dd7c1d8fe5008c2a?w=900\"\/><img decoding=\"async\" src=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/0e667672faf1ef70cc67b97ffab53309f7288a8a07b950d5dd7c1d8fe5008c2a\" alt=\"\" class=\"aspect-portrait flex items-start shrink-0 portrait article-portrait object-contain mobile:w-auto tablet:w-auto\" data-testid=\"image-test-id\" loading=\"lazy\"\/><\/picture><\/div><figcaption class=\"mobile:mx-16 tablet:mx-00 flex flex-col gap-08 py-16 desktop:pb-24\">\n<p class=\"font-eyebrow-baseline-regular text-placeholder\" data-testid=\"inline-media-credit-test-id\">ST GRAPHIC: BILLY KER<\/p>\n<\/figcaption><\/figure>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">There were more than 2,800 cases of scams reported in January, with victims losing over $47.4 million. <\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">More than 185 of these cases were phishing scams involving fake buyers on online platforms, in which victims lost more than $825,000.<\/p>\n<figure class=\"portrait inline-media-wrapper\" style=\"--aspect-article-portrait:1140 \/ 1453\" data-testid=\"inline-media-test-id\">\n<div class=\"flex flex-col items-start relative w-fit\"><picture><source media=\"(max-width: 480px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/59c74e045a560b72279ffef6d2d1377e2415b3d8cb5e8603a0d3e9b543dce651?w=480\"\/><source media=\"(min-width: 481px) and (max-width: 720px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/59c74e045a560b72279ffef6d2d1377e2415b3d8cb5e8603a0d3e9b543dce651?w=720\"\/><source media=\"(min-width: 721px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/59c74e045a560b72279ffef6d2d1377e2415b3d8cb5e8603a0d3e9b543dce651?w=900\"\/><img decoding=\"async\" src=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/59c74e045a560b72279ffef6d2d1377e2415b3d8cb5e8603a0d3e9b543dce651\" alt=\"\" class=\"aspect-portrait flex items-start shrink-0 portrait article-portrait object-contain mobile:w-auto tablet:w-auto\" data-testid=\"image-test-id\" loading=\"lazy\"\/><\/picture><\/div><figcaption class=\"mobile:mx-16 tablet:mx-00 flex flex-col gap-08 py-16 desktop:pb-24\">\n<p class=\"font-eyebrow-baseline-regular text-placeholder\" data-testid=\"inline-media-credit-test-id\">ST GRAPHIC: BILLY KER<\/p>\n<\/figcaption><\/figure>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Scammers approached victims on Carousell or Facebook Marketplace, indicating interest in items being sold.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">They impersonated either the platform itself or an intermediary like Lalamove, sending fake messages or e-mails with phishing links supposedly to confirm the sale of the items.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Victims clicked on the links and provided their banking or card credentials, thinking these would be used to receive the proceeds of the sale.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">They realised they were scammed only after finding unauthorised transactions on their cards and accounts.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The police reminded people to never provide their banking login details to anyone. They should check links to websites carefully, and report fraudulent transactions to the bank immediately.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">First launched as an app in 2020, ScamShield has become a core initiative in Singapore\u2019s fight against scams.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">It was relaunched in 2024 as the ScamShield Suite, bringing together anti-scam resources from the National Crime Prevention Council and police, with support from Open Government Products, a division of the Government Technology Agency.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">The suite includes the ScamShield app, helpline and website.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">People are encouraged to download the ScamShield app on their mobile devices to check suspicious calls, websites and messages to find out if they are scams. The app is available on both iPhone and Android.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">They can visit <a href=\"https:\/\/www.scamshield.gov.sg\/?ref=inline-article\" rel=\"nofollow noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><span class=\"font-body-baseline-regular inline\" data-testid=\"paragraph-test-id\">www.scamshield.gov.sg<\/span><\/a> to find out more about the latest scam trends.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Anyone who has fallen for a scam should immediately make a police report and inform their relevant financial institutions.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">If in doubt, call the 24\/7 ScamShield helpline on 1799.<\/p>\n<figure class=\"portrait inline-media-wrapper\" style=\"--aspect-article-portrait:1140 \/ 760\" data-testid=\"inline-media-test-id\"><a href=\"https:\/\/www.straitstimes.com\/stop-scams\" rel=\"noopener\" class=\"\" aria-label=\"link\" target=\"_self\" data-testid=\"inline-image-link\"><\/p>\n<div class=\"flex flex-col items-start relative w-fit\"><picture><source media=\"(max-width: 480px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/ce506ad5bf89285d7cd7a1965c5b7ec223949798fe05943b0e12f3dd2afd87d6?w=480\"\/><source media=\"(min-width: 481px) and (max-width: 720px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/ce506ad5bf89285d7cd7a1965c5b7ec223949798fe05943b0e12f3dd2afd87d6?w=720\"\/><source media=\"(min-width: 721px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/ce506ad5bf89285d7cd7a1965c5b7ec223949798fe05943b0e12f3dd2afd87d6?w=900\"\/><img decoding=\"async\" src=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/ce506ad5bf89285d7cd7a1965c5b7ec223949798fe05943b0e12f3dd2afd87d6\" alt=\"\" class=\"aspect-portrait flex items-start shrink-0 portrait article-portrait object-contain mobile:w-auto tablet:w-auto\" data-testid=\"image-test-id\" loading=\"lazy\"\/><\/picture><\/div>\n<p><\/a><\/figure>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.straitstimes.com\/singapore\/scam-tracker-what-are-the-trends-in-singapore-and-how-much-money-has-been-lost-in-2026\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE \u2013 Scams are a significant problem in Singapore, having cost victims more than $4 billion since 2019. The number of cases climbed to record&#8230;<\/p>\n","protected":false},"author":1,"featured_media":35683,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-35682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/35682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35682"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/35682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/35683"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}