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Investment scams: At least S$1.7m lost since October 2025

08:01 Min

At least S$1.7 million has been lost to scams involving shell investment applications since October last year. Police say at least 20 such cases have been reported. One victim had invested nearly S$400,000 into one such fraudulent app. Reporter Sabrina Ng talks about the scam cases she came across and what is making people still fall prey to such activities. 

At least S$1.7 million has been lost to scams involving shell investment applications since October last year. Police say at least 20 such cases have been reported. One victim had invested nearly S$400,000 into one such fraudulent app. Reporter Sabrina Ng talks about the scam cases she came across and what is making people still fall prey to such activities. 

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