In a coordinated effort that showcased the efficacy of international police cooperation, the Singapore Police Force (SPF), along with two major banks and the Hong Kong police, successfully recovered over S$370,000 that was scammed from a 70-year-old victim in Singapore. The elderly man had been deceived into divulging his bank credentials after being falsely informed that his computer was hacked and his accounts were implicated in illegal activities.
Quick Response from DBS
The scam came to light when DBS Bank noticed unusual transactions amounting to about S$180,000 being transferred from the victim’s account to another account based in Hong Kong. The bank swiftly acted to block further withdrawals and transactions, immediately alerting the SPF’s Anti-Scam Centre (ASC) about the suspicious activities.
Successful Recovery
With the information provided by DBS, the ASC worked in close collaboration with the Hong Kong police to trace and recover the transferred funds. The rapid response and joint efforts of both the banking institutions and police forces played a crucial role in preventing the loss of a significant sum and highlighted the importance of quick reporting by financial entities in scam prevention.
Ongoing Vigilance
The SPF has reiterated the importance of safeguarding personal and financial information and urged the public to remain vigilant against such scams. They commend the prompt actions of the banks and the successful collaboration with international law enforcement which were key to the recovery of the funds.
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