At least S$1.7 million lost to scams involving impersonation of MAS, insurance representatives
Balazs Barabas
At least six cases have been reported to the Singapore Police Force since January 2025. SINGAPORE: At least S$1.7 million (US$1.2 million) have been lost so far this year to scams involving the impersonation of officers from the Monetary Authority of Singapore (MAS) as well as representatives from NTUC Union, Income Insurance and UnionPay. Six cases have been reported to the Singapore Police Force (SPF) since January 2025. In a joint media release on Friday (Mar 14), SPF and MAS laid out the
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