SG Talk

At least $3 million were lost since June to scammers who exploited WhatsApp’s screen sharing function to spy on victims' banking details. 

https://str.sg/JLVvn

WhatsApp Screen sharing so that scammers can see you logging into your DigiBank

Uncles and Aunties do not know because they hardly use screen sharing feature

in laptops or handphones. So, please! BE SAFE.

THROW AWAY YOUR HANDPHONE

I know of one young person who lost about 400K in the Telegram investment scam. Old uncles and aunties are safe because they cannot borrow money from the bank and they also do not know how to do fund transfer by themselves.

(27-06-2025, 12:28 PM)Clyde Wrote: [ -> ]I know of one young person who lost about 400K in the Telegram investment scam. Old uncles and aunties are safe because they cannot borrow money from the bank and they also do not know how to do fund transfer by themselves.

How to lose so much...scary

(27-06-2025, 12:52 PM)Niubee Wrote: [ -> ]How to lose so much...scary

This young person did not  have the money to invest but went to many banks to take up unsecured loan. Pity the father. He helped to return the loan and also went around to borrow money from others. The unsecured loan interest is 20++ percent. This young guy graduated from private university, not those low educated type.
So embarrassing, this is a record high.

So what are the authorities doing about all this?

(27-06-2025, 01:50 PM)sgbuffett Wrote: [ -> ]So what are the authorities doing about all this?

人蠢無藥醫

What can the government do? This is not the first case.

I always talk to my children about these investment scams. I also don't like to use digital bank. They say that I am too pessimistic.

(27-06-2025, 01:42 PM)Clyde Wrote: [ -> ]This young person did not  have the money to invest but went to many banks to take up unsecured loan. Pity the father. He helped to return the loan and also went around to borrow money from others. The unsecured loan interest is 20++ percent. This young guy graduated from private university, not those low educated type.
So embarrassing, this is a record high.

It is always ignorance and greed

(27-06-2025, 02:01 PM)Clyde Wrote: [ -> ]人蠢無藥醫

What can the government do? This is not the first case.

I always talk to my children about these investment scams. I also don't like to use digital bank. They say that I am too pessimistic.

Quite true. Police also don't care nowadays. What can they do? At most catch a few news worthy cases and show that they have the capability.  Those naive stupid  aunty uncle scammed,  they don't care lah. No resources to look into all cases.