Fake bank ads entice victims to click onto phishing sites, $30,600 lost since last month

At least $30,600 has been lost to bank phishing scams using social media advertisements since last month.

Police said at least 27 reports were lodged.

Scammers would typically put up enticing promos to attract victims, who would click on the ads and be directed to a phishing site created by the scammers.

Victims would then be prompted to key in their banking credentials and submit their One-Time Password (OTP) information.

They would realise that they had been scammed when they discover unauthorised transactions made from their bank accounts.

You are reminded to be alert and follow these crime prevention measures:

  • Do not click on dubious URL links provided in online advertisements.
  • Be sceptical of attractive promises and deals that are simply too good to be true.
  • Never disclose your personal or Internet banking details and OTP to anyone.
  • Always verify the authenticity of the information with the official website or sources.
  • Report any fraudulent credit/debit card charges to your bank and cancel your card immediately.

If you have any information related to such crimes, please call the police hotline at 1800 255 0000, or submit it online at www.police.gov.sg/iwitness. All information will be kept strictly confidential. If you require urgent police assistance, please dial "999".

For more information on scams, members of the public can visit www.scamalert.sg or call the Anti-Scam Hotline at 1800 722 6688.