Singapore scam victims lost less money on average this year compared with 2023: Global anti-scam alliance

Taiwan

In the first half of 2024, there were more than 26,000 reported cases of scams in Singapore - an increase of 16 per cent from the same period last year. SINGAPORE: Singapore saw a 40 per cent drop in scam losses per victim this year compared with 2023, according to a report on Asia published by a global anti-scam organisation. Victims here averaged a loss of about S$3,200 (US$2,400) this year, down from almost S$5,300 last year, according to the study conducted by the Global Anti-Scam Alliance (