Tag: Financial Security
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Police Victim Care Officers Help Singapore Scam Victims Rebuild Confidence After Savings Lost
Singapore Faces Ongoing Scam Threats Singapore continues to grapple with sophisticated fraud schemes, including government official impersonation scams that prey on unsuspecting residents. Elderly victims are particularly vulnerable, and the emotional aftershocks—loss of savings, anxiety, and a sense of betrayal—often outlast the financial hit. In response, a specialized team of Police Victim Care Officers (PVCOs)…
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How North Carolina erased medical debt for 2.5 million people
North Carolina’s bold healthcare-finance experiment In a move that stunned many households across the state, North Carolina announced a sweeping debt-relief program aimed at erasing medical debt for millions of residents. The plan, funded by a combination of state dollars, federal support, and community partnerships, touched roughly 2.5 million people—ranging from families carrying high-deductible plans…
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Kuching Woman Loses RM415,000 to Police Impersonation Scam
Summary of the incident A 69-year-old woman from Kuching became a victim of a sophisticated scam after receiving a phone call on September 17 last year from someone claiming to be a police officer. The caller alleged that there was a criminal case against the elderly woman, leading her to transfer a large sum of…
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Senior Woman Loses RM415,000 in Police Impersonation Scam in Kuching
Overview of the Incident A 69-year-old woman in Kuching became the latest victim of a cruel scam that exploits people’s trust in law enforcement. According to Kuching’s Police Public Order and Crime prevention division, the victim lost RM415,464 after a caller claimed to be a policeman and warned of an imminent criminal case against her.…
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Kenya Pension Readiness: Planning for Retirement Peace of Mind
Unlocking Retirement Peace of Mind: Why Kenya’s Pension Readiness Matters As Kenya’s workforce ages, the need for solid pension planning has moved from a private concern to a national priority. Insights from the Retirement Benefits Authority (RBA) and its 9th Pensioner Survey shed light on how prepared kenyans are for a financially secure retirement. The…
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What Happens When You Call a Scammer? How to Handle Suspicious Bank Calls This Christmas
Understanding the Tactics Behind Call Scams As scammers grow bolder during the holiday season, many victims receive calls that appear to come from their bank or a familiar financial service. The goal is simple: pressure you into revealing personal details, transferring money, or granting access to your accounts. Scammers often use warm language, urgency, and…
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Former Manager Loses RM241,000 in Phone Scam in Malaysia
Malaysia: Former Manager Loses RM241,000 to Phone Scam A former company manager in Kluang, Malaysia, fell victim to a sophisticated phone scam that left him out of pocket by RM241,000. Police say the con involved callers claiming the victim was implicated in a money-laundering case, a tactic that has become increasingly common as scammers exploit…
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Bank Warns of 47% Jump in Purchase Scams in First Half of 2025: How to Protect Yourself
Overview: A Notable Spike in Purchase Scams The Bank of Ireland has issued a consumer warning after data showed a sharp increase in purchase scams during the first half of 2025. According to the bank’s latest review, purchase scams rose by 47% compared with the second half of 2024, signaling a growing threat to everyday…
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What to Do If HMRC Refunds Go to a Fraudster: A Practical Guide
Understanding the Problem: HMRC Refunds Connected to Fraud Finding that an HM Revenue and Customs (HMRC) refund from your tax account has been paid to a fraudster is alarming. When letters arrive stating you owe thousands, it compounds the stress, especially if your own records show your tax account is fully paid. This situation can…
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Maximize Your Savings with the PPF Scheme
Maximize Your Savings with the PPF Scheme Understanding the PPF Scheme In today’s rising cost of living, finding a secure and high-yield investment option is crucial. If you’re looking to grow your savings safely, the Public Provident Fund (PPF) scheme might just be the answer you’ve been searching for. This government-backed scheme has earned the…