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Victims lose $82 million to Top 10 scams in first half of 2020

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One victim lost $506,000 after he was told his bank accounts had been hacked, and he shared his one-time passwords with scammers posing as staff from local banks. Another gave personal details and $367,000 to an unknown person after she responded to a link on a purported...

Along with loan scams, these four types of scams were of particular concern, the police said.

Across the top 10 types of scams reported between January and June, victims lost $82 million compared with $41.6 million in the same period in 2019. Of the 2,089 cases of e-commerce scams reported in the first half of the year, 294 cases involved Covid-19-related items such as face masks, hand sanitisers and thermometers.

Police principal psychologist Carolyn Misir said the ruses scammers use evolve and the pandemic provided greater access to potential victims as more worked, shopped and sought entertainment online.

 

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