Tough love to help scam victims who refuse to help themselves

The move to control bank accounts of stubborn potential scam victims may look like overreach, but it’s the last resort to protect them.

featured-image

Ben Chester Cheong To some, the proposed measures may appear overly tough, but scams are rising at an alarming rate. Scams in Singapore are costing their victims a staggering $2 million daily, but here is the frustrating part: Some scam victims refuse to accept they are being scammed and continue emptying their bank accounts despite compelling evidence of fraud. The authorities are considering extraordinary legal measures to protect these stubborn scam victims.

Already a subscriber? Log in Get exclusive reports and insights with more than 500 subscriber-only articles every month $9.90 $9.90/month No contract ST app access on 1 mobile device Subscribe now All subscriber-only content on ST app and straitstimes.



com Easy access any time via ST app on 1 mobile device E-paper with 2-week archive so you won't miss out on content that matters to you Join ST's Telegram channel and get the latest breaking news delivered to you. Read 3 articles and stand to win rewards Spin the wheel now.