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lost S$199,996 after downloading shopping app” as instructed by seller. - Printable Version

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lost S$199,996 after downloading shopping app” as instructed by seller. - Tee tiong huat - 20-07-2023

SINGAPORE — Once again, another victim has fallen prey to an online scam involving a malicious app and impersonation of a police official.

A 56-year-old woman in Singapore, who simply wanted to buy affordable drinks online, tragically ended up losing S$199,996 after downloading a deceptive “shopping app” as instructed by the seller.

The incident was reported by Lianhe Zaobao, a local Chinese media outlet, where the victim, Ms. Lee, shared her harrowing experience. Tongue

The self-employed individual came across a Facebook page for “grocery store” on 4 June, offering beverages at unusually low prices.

With an upcoming family gathering in mind, she messaged the seller privately (What a F...k!) on Facebook, providing her phone number and later communicating via WhatsApp. .

The victim grew suspicious after installing the app
The seller directed her to download their company’s mobile app to place an order. However, upon installing the app, she grew suspicious and chose not to respond further to the seller.

Subsequently, the seller claimed that a colleague had transferred S$20 to Ms. Lee’s account via PayNow (what a F...k - as a reward for opening an account.) 

What!@F...k. Despite the claim, Ms. Lee remained cautious and did not verify if the money had indeed been received.

Seeking advice, she consulted her nephew???, who shared her concerns and immediately advised her to uninstall the app... Thinking(What a F...k).


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - Tee tiong huat - 20-07-2023

The seller directed her (Simple minded She go download their company’s mobile app (place order.) She upon installing the app, (kenahl hell loll). 

she grew suspicious and chose not to respond further to the seller. Subsequently, the seller claimed that a colleague had transferred S$20 to Ms. Lee’s account via PayNow (what a F...k - as a reward for opening an account.)


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - p1acebo - 20-07-2023

Payment for Tuition lesson Laughing


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - sgbuffett - 20-07-2023

This means our banking apps have weakness as the 2 factor authentication is hackable.

Right now there are 134 cases...how many more cases before something is done.

Technically the hacker stole the money from the bank due to weak security of the bank app.

The bank should compensate all these people.

All these are caused by software design flaws when the banks decided to put the OTP on the phone instead of using a hardware token to save money.

Due to the irresponsible nature of our banks I have move my mom funds offline ....


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - p1acebo - 20-07-2023

(20-07-2023, 08:12 PM)sgbuffett Wrote:  This means our banking apps have weakness as the 2 factor authentication is hackable.

Right now there are 134 cases...how many more cases before something is done.

Technically the hacker stole the money from the bank due to weak security of the bank app.

The bank should compensate all these people.

All these are caused by software design flaws when the banks decided to put the OTP on the phone instead of using a hardware token to save money.

Due to the irresponsible nature of our banks I have move my mom funds offline ....

Good preemptive move.


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - hansamu - 20-07-2023

(20-07-2023, 08:07 PM)p1acebo Wrote:  Payment for Tuition lesson Laughing

Too freaking exorbitant tuition fees....


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - p1acebo - 20-07-2023

(20-07-2023, 08:18 PM)hansamu Wrote:  Too freaking exorbitant tuition fees....

Let’s look for Jo Teo and scold her Big Grin


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - Talent - 20-07-2023

agree with sgbutt

this is ridiculous


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - victortan - 21-07-2023

Just don download app from unknown source.


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - Rubitin - 21-07-2023

(20-07-2023, 08:12 PM)sgbuffett Wrote:  This means our banking apps have weakness as the 2 factor authentication is hackable.

Right now there are 134 cases...how many more cases before something is done.

Technically the hacker stole the money from the bank due to weak security of the bank app.

The bank should compensate all these people.

All these are caused by software design flaws when the banks decided to put the OTP on the phone instead of using a hardware token to save money.

Due to the irresponsible nature of our banks I have move my mom funds offline ....
you mean reaches a stage until don't know who to trust? Big Grin


RE: lost S$199,996 after downloading shopping app” as instructed by seller. - Sharexchange - 21-07-2023

Could by syndicated from Bank staffs.