S’pore scam losses fall to $913m in 2025; new trend of victims handing over gold bars to syndicates

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TheStraitsTimes Singapore 2h

S’pore scam losses fall to $913m in 2025; new trend of victims handing over gold bars to syndicates

SINGAPORE – For the first time in eight years, the number of scam cases in Singapore fell, from more than 50,000 in 2024 to 37,308 in 2025. The amount lost to scammers also dipped from the record high of $1.1 billion in 2024 to $913.1 million in 2025, the police said on Feb 25 as they released thei»»»

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