scams

FIVE RED FLAGS OF A SEMINAR SCAM IN SINGAPORE

Before handing over S$5,000 for a seminar ticket in Singapore, see if you can spot any of these red flags. The Internet is infested by all sorts of seminars, from motivational speaking to Forex trading. Everywhere you look in Singapore, someone is trying to convince you they have the secret to making money or finding happiness. Some of these are even genuine. The problem is sorting through hundreds of faux courses and seminars, many of which are costly rip-offs. At prices like S$3,000 to S$5,000 for a ticket, it’s not a mistake you want to make. Here are some red flags to watch out for:

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ARE THE BANKS & POLICE DOING ENOUGH TO HELP SCAM VICTIMS RECOVER THEIR MONEY?

We have heard of many scams such as parcel scams, phone scams, lottery scams and online scams. And these stories always conclude by tell everyone to be more aware of such scams. Spread the news and let everyone know so we don't fall prey. But one question none of these articles ever addressed is, how many of the those who actually fell victim managed to get their money back? I believe the people with most authority to help victims recover scammed funds are the police and the banks? It'd be great if they did help victims in pro bono fashion, but it never happens because they have too many priorities.

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Cybercriminals use fake MH370 websites to steal data

Cybercriminals are exploiting the disappearance of a Malaysia Airlines plane by luring users to websites purporting to offer the latest news in order to steal their personal information, an Internet security firm warned on Tuesday. Trend Micro urged Internet users to exercise caution when clicking on links shared on social media for news of flight MH370, which mysteriously vanished from the radar in the early hours of March 8 while on its way from Kuala Lumpur to Beijing.

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