The Straits Times Podcasts

S1E2: How scammers are buying bank accounts and digital identities of youth for misuse: Stop Scams


Listen Later

Synopsis: This is a new podcast by The Straits Times to raise greater public awareness of the modern scourge of scams in Singapore and globally.
In Singapore, nearly $1 billion has been lost by scam victims since 2016. Mutating and spreading, different types of scams have infiltrated every aspect of our lives, from love to work. The police are cracking down on offenders. What can you do to protect yourself?
In this episode, ST's deputy news editor Andre Yeo and journalist Jessie Lim speak with Superintendent of Police Michelle Tay, the head of the Anti-Scam Centre, launched in 2019. Their job is to disrupt the scammers’ operations and help victims to try to recover their money. 
Highlights (click/tap above):
02:15 Step-by-step guide: What to do if you're a scam victim, and what the police do when liaising with banks and fintech institutions
04:10 Why is it so hard to recover scam victims' monies once the funds are transferred out of Singapore?
05:15 What is the Community Watch Scheme and the new e-commerce Transaction Safety rating? 
07:00 What are the new scam tactics emerging in 2022? More on the pig-butchering scam which combines tactics used in love and investment scams
09:33 How scammers are targeting youths, offering up to $2,000 to buy their digital identity credentials, and why this is an offence for teenagers involved
09:56 When Supt Tay’s mother received a scam call claiming she had been kidnapped
Listen to Ep 1 - Near impossible to recover your money once scammers transfer it out of Singapore: https://str.sg/wnBi
Public can join these police schemes:
Community Watch Scheme: https://go.gov.sg/spf-cws
Crime Prevention Ambassadors: https://www.ncpc.org.sg/cpas.html
Citizens on Patrol: https://go.gov.sg/citizensonpatrol
ST's Stop Scams articles: https://str.sg/wWt9
• Anti-Scam Hotline: 1800-722-6688 (9am - 5pm); https://www.scamalert.sg/
• National Care Hotline: 1800-202-6868 (8am - 12am); https://ccs.org.sg/nch/
Produced by: Andre Yeo ([email protected]), Jessie Lim ([email protected]), Ernest Luis and Teo Tong Kai
Edited by: Teo Tong Kai
Follow ST's Stop Scams podcast series here:
Stop Scams Playlist: https://str.sg/wnBi
Apple Podcasts: https://str.sg/wnB5
Spotify: https://str.sg/wnBS
SPH Awedio app: https://www.awedio.sg/
Websites: http://str.sg/stpodcasts
Feedback to: [email protected] 
Andre Yeo's articles: https://str.sg/wWtC
David Sun's articles: https://str.sg/wWty
Jessie Lim's articles: https://str.sg/wWtF
Wong Shiying's articles: https://str.sg/wWtt
---
Follow ST Podcasts channel:
Channel: https://str.sg/JWVR
Apple Podcasts: https://apple.co/2Lu4rPP
Spotify: https://spoti.fi/2PwZCYU
Google podcasts: http://str.sg/googlestbt
SPH Awedio app: https://www.awedio.sg/
Websites: http://str.sg/stpodcasts
Feedback to: [email protected] 
---
Discover ST's special edition podcasts:
Singapore's War On Covid: https://str.sg/wsfD
The Unsolved Mysteries of South-east Asia Embed: https://str.sg/ws76
Stop Scams: https://str.sg/wnBi
Discover more ST podcast series:
In Your Opinion Podcast: https://str.sg/w7Qt
SG Extra Podcast: https://omny.fm/shows/st-bt/playlists/sg-extra
Asian Insider Podcast: https://str.sg/JWa7
Green Pulse Podcast: https://str.sg/JWaf
Health Check Podcast: https://str.sg/JWaN
#PopVultures Podcast: https://str.sg/JWad
ST Sports Talk Podcast: https://str.sg/JWRE
Bookmark This! Podcast: https://str.sg/JWas
Lunch With Sumiko Podcast: https://str.sg/J6hQ
Discover BT Podcasts: https://bt.sg/pcPL
Follow our shows then, if you like short, practical podcasts!
See omnystudio.com/listener for privacy information.
...more
View all episodesView all episodes
Download on the App Store

The Straits Times PodcastsBy The Straits Times

  • 4.3
  • 4.3
  • 4.3
  • 4.3
  • 4.3

4.3

10 ratings


More shows like The Straits Times Podcasts

View all
Global News Podcast by BBC World Service

Global News Podcast

7,744 Listeners

TED Talks Daily by TED

TED Talks Daily

11,198 Listeners

Business Daily by BBC World Service

Business Daily

536 Listeners

World Business Report by BBC World Service

World Business Report

291 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

432 Listeners

Behind the Money by Financial Times

Behind the Money

221 Listeners

Switched On by Bloomberg

Switched On

99 Listeners

Squawk on the Street by CNBC

Squawk on the Street

589 Listeners

Wall Street Week by Bloomberg

Wall Street Week

59 Listeners

Think Fast Talk Smart: Communication Techniques by Matt Abrahams, Think Fast Talk Smart

Think Fast Talk Smart: Communication Techniques

776 Listeners

The Daily Ketchup by The Daily Ketchup

The Daily Ketchup

10 Listeners

Closing Bell by CNBC

Closing Bell

169 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

77 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

145 Listeners

Big Take Asia by Bloomberg

Big Take Asia

27 Listeners