16-year-old arrested alongside 8 others in massive phishing scam that saw victims lose CPF deposits - Singapore News

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The scammers exploited social media platforms to advertise their fraudulent scheme. Unsuspecting victims, enticed by these advertisements, proceeded to download mobile applications as instructed by the scammers

SINGAPORE: The Singapore Police Force has apprehended nine individuals, including a woman and a 16-year-old boy, in connection with an elaborate bank phishing scam.

The nine suspects were taken into custody following a series of reports received by the police since the end of May this year. Notably, the victims asserted that they had not disclosed their online banking credentials, one-time passwords, or Singpass credentials to anyone. However, the downloaded applications contained malware, which allowed the perpetrators to gain remote control over the victims’ mobile phones. Through this unauthorized access, the scammers obtained the victims’ online banking credentials, one-time passwords, and Singpass credentials.

 

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