Android malware scam victims lost more than S$10 million in first half of 2023: Police (Singapore)
Android malware scam victims lost more than S$10 million in first half of 2023: Police (Singapore)
Over 750 cases of Android malware-related scams were reported in the first half of 2023, including 11 cases involving the unauthorised withdrawal of Central Provident Fund savings.
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As a Singaporean, I'm shook that the system can be broken so seemingly easily.
As for a human being (myself) it is hard as it is to transfer my CPF (similar to a pension fund) for payments such as housing, medical, investments etc without having a million OTPs, gov app (Singpass) verifications etc.
All things considered, $100+K out of $10M is ~1%, is not much for scam amounts lost from CPF (pension).
That must've been one heck of a social scam; probably got the person to input a lot of their personal details as well.