SINGAPORE (The Straits Times/Asia News Network): A new inter-ministry committee has been set up to combat the growing scourge of online scams as more police reports were made on them last year.
The committee will formulate and carry out a strategy to deter and prevent online scammers from carrying out their operations, mitigate losses incurred and ensure the public remains vigilant of such scams.
The number of police reports made on scams jumped by more than 50 per cent last year, with many related to e-commerce, fake loan and credit-for-sex schemes.For example, social media platforms have provided criminals with new avenues to target victims, and spoofing technology allowed foreign syndicates to mask their identities while committing crimes.
The public should be sceptical of promises that sound too good to be true, and adopt precautions such as utilising an escrow account when making online transactions, she said.
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