Online moon cake scam: 27 people lose $325,000 in a month

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Online moon cake scam: 27 people lose $325,000 in a month
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A new scam involving moon cake sales on social media platforms has cost at least 27 victims around $325,000 in August alone, said the police on Tuesday. After contacting the “sellers” through social messaging platforms to place orders for moon cakes advertised on...

The police advised the public to adopt precautionary measures such as adding the ScamShield App, enabling two-factor or multifactor authentication for banks and setting transaction limits on Internet banking transactions.

The police also advised the public to ensure their devices are installed with updated anti-virus/anti-malware applications and to disable “Install Unknown App” or “Unknown Sources” in their phone settings. Members of the public should also only download and install applications from official app stores, and be wary if asked to download unknown apps to purchase items or services on social media platforms.

The police urged the public to report any fraudulent transactions to their bank immediately and to inform the authorities, family and friends about scams. If individuals suspect that their phone is infected with malware, they should turn their phone to “flight mode”, run an anti-virus scan on their phone, check their bank, Singpass and Central Provident Fund account for any unauthorised transactions using other devices, and report to the bank, relevant authorities, and lodge a police report.or call the anti-scam helpline on 1800-722-6688.

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