Nineteen people, including a 16-year-old, are under investigation for involvement in WhatsApp impersonation scams. This follows an islandwide anti-scam enforcement operation conducted from November 15 to November 24, 2023.
Modus Operandi
Scam Tactics: The scammers used compromised WhatsApp accounts to impersonate the original users and request money from their contacts. They claimed urgent needs like purchases or medical emergencies, and asked victims to transfer money to unfamiliar bank accounts or PayNow numbers.
Financial Gains: The individuals allegedly involved in the scams facilitated them by providing their bank accounts, Internet banking, or Singpass credentials to criminals. They received payments ranging from S$200 to S$3,400 or were promised loans that they never received.
Impact and Scale
Victim Count and Losses: At least 93 victims have fallen prey to this scam, with total losses of at least $176,000. Since November 2023, social media impersonation scams have affected at least 237 victims, resulting in losses of around $606,000.
Legal Consequences
Penalties for Criminal Conduct: Individuals guilty of benefiting from criminal conduct can face up to 10 years in jail, a fine of $500,000, or both. Those guilty of cheating by deceiving banks into opening bank accounts for others can be jailed for up to three years, fined, or both. Similarly, disclosing personal banking or Singpass credentials can lead to jail terms and fines.
Conclusion
This case highlights the growing issue of impersonation scams in Singapore and the critical importance of vigilance against such fraudulent activities. The ongoing investigations and the severity of legal consequences underscore the seriousness with which Singaporean authorities are addressing this form of cybercrime.
Also learn about Recent Phishing Scam in Singapore Targets WhatsApp Web Users.
