{"id":52093,"date":"2026-05-13T20:04:38","date_gmt":"2026-05-13T12:04:38","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=52093"},"modified":"2026-05-13T20:04:38","modified_gmt":"2026-05-13T12:04:38","slug":"beware-of-scammers-posing-as-officials-offering-advice-on-singtel-discounted-shares","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=52093","title":{"rendered":"Beware of scammers posing as officials offering advice on Singtel discounted shares"},"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 <!-- -->If you receive a call from someone claiming to be from Singtel or the CPF Board and offering advice on Singtel special discounted shares (SDS), end the call immediately.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">In Facebook post<!-- -->s<!-- --> on <!-- -->May 12<!-- --> <!-- -->and May 13<!-- -->, the Central Provident Fund Board and Singtel<!-- --> <!-- -->advised members of the public not to respond to unsolicited calls asking for personal or sensitive information, even if the caller claims to know one\u2019s name or NRIC number.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">\u201cDo not click on links, scan QR codes, or visit websites from unknown messages or e-mails,\u201d they<!-- --> <!-- -->wrote.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">They<!-- --> <!-- -->added that SDS transactions should be done only on the official website at <a href=\"https:\/\/sds.singtel.com\/?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\">sds.singtel.com<\/span><\/a><\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Those who <a href=\"https:\/\/www.straitstimes.com\/singapore\/politics\/parliament-approves-shift-of-singtel-discounted-shares-to-direct-shareholder-ownership?ref=inline-article\" rel=\"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\">bought the shares in <\/span><\/a><a href=\"https:\/\/www.straitstimes.com\/singapore\/politics\/parliament-approves-shift-of-singtel-discounted-shares-to-direct-shareholder-ownership?ref=inline-article\" rel=\"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\">1993 and 1996<\/span><\/a> now have the option of either selling the shares fully for cash or having them transferred from the CPF Board to their individual Central Depository accounts on <!-- -->Nov 21<!-- -->, 2026, to be sold later.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Singtel and the CPF Board have mailed instructions to SDS holders in the four official languages. But the wordy nature and lack of visual aids have made it <a href=\"https:\/\/www.straitstimes.com\/business\/companies-markets\/some-elderly-sporeans-unsure-how-to-sell-their-singtel-discounted-shares-while-others-cash-in-early?ref=inline-article\" rel=\"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\">difficult for some seniors to understand<\/span><\/a> what to do, The Straits Times reported previously.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Singtel said it plans to reach out to <!-- -->more than 20,000<!-- --> older and less digitally savvy SDS holders who may require greater assistance. It is partnering with the Agency for Integrated Care, which has already begun conducting house visits since last week as part of these outreach efforts.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">In its Facebook post, the CPF Board said Singtel and government officials, including the board\u2019s officers, will not ask members of the public to withdraw CPF funds or transfer money, disclose bank login details, or install mobile apps from unofficial app stores to help sell their Singtel SDS.<\/p>\n<p class=\"font-body-baseline-regular text-primary\" data-testid=\"article-paragraph-annotation-test-id\">Those who are unsure can call the ScamShield helpline on 1799, or inform the CPF Board via <a href=\"https:\/\/www.cpf.gov.sg\/service\/contact-us?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\">cpf.gov.sg\/service\/contact-us<\/span><\/a> or Singtel on 1713.<\/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\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12?w=480\"\/><source media=\"(min-width: 481px) and (max-width: 720px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12?w=720\"\/><source media=\"(min-width: 721px and max-width: 3999px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12?w=900\"\/><source media=\"(min-width: 4000px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12\"\/><img decoding=\"async\" src=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12\" 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\/beware-of-scammers-posing-as-officials-offering-advice-on-singtel-discounted-shares-cpf-board\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE \u2013 If you receive a call from someone claiming to be from Singtel or the CPF Board and offering advice on Singtel special discounted&#8230;<\/p>\n","protected":false},"author":1,"featured_media":52094,"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-52093","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\/52093","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=52093"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/52093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/52094"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}