Tag: scam awareness
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Elderly Man Loses $700 to Toilet Roll E-commerce Scam: How a Simple Purchase Turned Sour
Overview: How a Routine Online Purchase Became a Financial Wake-Up Call In late October 2024, a routine online shopping moment quickly spiraled into a distressing financial setback for a man in his sixties. Drawn by an online advertisement for toilet rolls, he proceeded with what seemed like a straightforward purchase. Within days, his credit card…
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Accountant Loses RM138,000 to Fake Investment Scheme in Johor Baru
Overview of the Incident A 60-year-old accountant in Johor Baru became the latest victim of a convincing fake investment scheme that promised unusually high profits. The incident underscores how sophisticated scammers can manipulate trusted professionals and exploit the lure of quick financial gains. Local police are advising residents to stay vigilant and verify investment opportunities…
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Phone Scam Strikes Retiree: RM88,000 Lost in Terengganu
Overview of the Scam A 75-year-old government pensioner in Kuala Terengganu, along with his wife, fell victim to a sophisticated phone scam that resulted in a total loss of RM88,000. Police reports indicate that the money comprised part of the retiree’s Tabung Haji savings and other household funds. The incident underscores the persistent threat that…
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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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Chen Hanwei Reveals He Fell for ‘Hypnosis Scam’ at Paragon Mall, Handed Cash to Random Couple
Singapore Actor Chen Hanwei Opens Up About a Shocking Scam Experience Singapore’s entertainment scene is buzzing after veteran actor Chen Hanwei disclosed an unsettling incident he recently encountered at Paragon shopping mall. The 56-year-old, known for his versatile roles in Mediacorp productions, described a troubling experience involving a so-called “hypnosis scam” that unfolded in the…
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Double whammy: SEC warns against swindlers preying on scam victims
SEC Warns of a Double-Edged Scam Targeting Victims The Securities and Exchange Commission (SEC) has issued a warning about a troubling class of schemes that pretends to help scam victims recover their lost funds, only to defraud them a second time. Known colloquially as “recovery” or “advance-fee recovery” scams, these operations exploit the vulnerability of…