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Singapore Banks Back Police Controls on Accounts to Avert Scams
Banks in Singapore support a new law that will allow the police to control accounts of holders who they suspect to be scam targets, the city-state’s latest effort to tackle a surge in cases.
Why is Singapore allowing police to take over people's bank accounts?
Singapore has introduced a new law empowering police to freeze the bank accounts of scam victims as a last resort to curb rising financial fraud. With scam losses hitting record highs, the Protection
Singapore empowers police to freeze bank accounts in scam crackdown
Singapore passed a new law on Tuesday allowing police to freeze bank accounts of scam victims as a "last resort" measure to prevent further losses.
Anti-scam law gives police power over bank accounts
Singapore has passed legislation giving police unprecedented powers to take control of a person's bank account if there is proof that the individual is being scammed. The law, passed on Tuesday, is believed to be the first of its kind in the world.
Singapore police partners banks to prevent S$73 million in potential scam losses
MORE than 1,444 scam cases were thwarted through a joint operation by the Singapore Police Force’s (SPF) Anti-Scam Centre and six banks, preventing losses of around S$73 million. Read more at The Business Times.
New law allows police to control bank accounts of scam victims who continue to give money to scammers
Some stubborn scam victims lost so much money to scams — despite advice from banks, police, friends and family members — that they asked the Government for financial assistance. But with the passing of the Protection from Scams Bill,
Singapore Anti-scam Law Gives Police Power Over Bank Accounts
Singapore has passed legislation giving police unprecedented powers to take control of a person's bank account if there is proof the individual is being scammed.
Channel NewsAsia Singapore
9h
Singapore police warn criminals against ‘taking chances’ amid growing in-flight theft concerns
Between January 2023 and September 2024, there were four cases of persons charged with theft on board an aircraft in ...
Asia One
5h
Sec 1 boy allegedly attacks classmate with bottle on 4th day of school, police investigating
An alleged dispute between two secondary one boys led to one allegedly attacking the other with a bottle, causing the latter ...
2h
Police hunt gunman as Johor shooting spotlights safety concerns in Malaysia-Singapore SEZ area
Chilling footage of sudden killing at eatery shocks social media users despite police insisting the case is one-off.
Channel NewsAsia Singapore
20h
Police probing alleged assault by Admiralty Secondary School student that left classmate with head wound
A 12-year-old boy is assisting with investigations for voluntarily causing hurt. The victim is said to be a 12-year-old male ...
19h
12-year-old boy in Singapore who allegedly hit classmate’s head with metal bottle is helping with police probe
SINGAPORE: A 12-year-old boy suspected of hitting a classmate on the head with a metal bottle during school hours is helping ...
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