Ongoing scams in Singapore
Scammers are getting more creative these days. Whether it’s upping their game to appear more “legit” or simply hacking their way through well-oiled systems, these tactics can get to even the most discerning of folks.
Here are some of the ongoing scams in Singapore that you can share with your family WhatsApp chats to help them avoid finding themselves in these pickles:
1. Crypto scams on dating apps
Dating apps used to be the place where you’d meet your one true bae, but scammers have now infiltrated the platform to plot against unsuspecting romantics.
Even the smartest of folks can fall prey to sweet talk. Coupled with daily updates on branded watches and sports cars – all acquired due to their “success” in crypto – who can blame anyone for buying into this lavish web of deceit?
Scammers will send you a link to join their crypto trading platform. The first few small investments you make will seem like it’s showing success, such as returns being credited into your account. But, subsequent ones will require heavier investments for higher returns.
This is when the ball will drop – withdrawal of your investments is suddenly not allowed, and coincidentally, your “lover” will go MIA.
This may seem like a rudimentary scam, but you can read about this dating app crypto scam to get a better idea.
Tip: We’re not saying true love doesn’t exist on dating apps, but be wary when your partner starts aggressively…
