Singapore — Taking a jab at the withdrawal age of Central Provident Funds , netizens poked fun on social media that CPF accounts are indeed the safest place to store money.
Recent OCBC bank phishing scams saw at least 469 victims who lost a total of S$8.5 million. Subsequently, DBS Bank on Wednesday warned its customers about a fake SMS being sent to users claiming to be from the bank. The scam involves a message claiming that a user’s account has been temporarily suspended and inviting the user to visit a fake website designed to steal their log-in details and one-time passwords .Netizens then joked about the matter on social media, Thursday on a post in a Facebook group“2022 Putting your money in the bank is not safe. Where is the safest place to put your money. CPF, even yourself can’t withdraw”.
Over the years, the CPF withdrawal age has been a sore topic for Singaporeans, with many coming forward wanting to make early withdrawals because of their circumstances, but being unable to do so.
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