Singapore reports record scam losses amid rising victim compliance

Official figures reveal that over $410 million was lost to fraudulent schemes in the first half of 2026, with nearly 80% of victims admitting they willingly transferred funds to perpetrators.

26 Aug, 07:00 — 26 Aug, 07:00

Post Share

Sources

Showing 1 of 1 sources

straits-timesMostly Factual1d ago

Over $410m lost to scams in first half of 2026; 8 in 10 victims voluntarily handed money to scammers - The Straits Times

Over $410m lost to scams in first half of 2026; 8 in 10 victims voluntarily handed money to scammers The Straits Times

Read full article →

PERSPECTA

PERSPECTA

Singapore reports record scam losses amid rising victim compliance

Sources

Over $410m lost to scams in first half of 2026; 8 in 10 victims voluntarily handed money to scammers - The Straits Times

Related Stories

Tech Giants Urge Urgent Cyber Defense Measures Against AI Threats

Okta and CrowdStrike Rally on Strong Earnings Driven by AI Security Demand

Meta Agrees to $18 Billion Settlement Over Child Safety Concerns

Authorities Dismantle INF Group Cybercrime Syndicate Across Balkans

PERSPECTA