Singapore hot by fake gambling platforms.

Singapore hot by fake gambling platforms.

SINGAPORE: The number of fake gambling platform scam cases increased by more than 18 times between 2019 and 2020, while investment scams registered a 126 per cent spike in the same period, said the Singapore Police Force (SPF) on Sunday (Jan 31).

At least S$69.5 million was lost in 1,102 investment scam cases as well as S$15.4 million in 299 fake gambling platform scam cases, said the police in a news release.

The SPF’s Anti-Scam Centre and several banks intervened in more than 200 cases of such scams between Wednesday and Friday.

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