Singapore police work with banks to block scams

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SINGAPORE: The Singapore Police Force’s Anti-Scam Centre worked with six banks to disrupt over 2,800 scams from May 1 to June 30, according to a statement from the police, reported Xinhua.

The police and commercial banks notified victims to cease monetary transfers after detecting jobs, investments, fake friends, or e-commerce scams with robotic process automation technology.

They sent nearly 14,000 short messages to over 9,800 scam victims and averted potential financial losses of more than S$47 million (US$35 million), the police added. – BERNAMA-XINHUA

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