Serious Solid Proof Sinkies are Rich and Retarded, Global No.1 Scammed Victims!

[Pinkieslut]

$1.4 trillion lost to scams globally; S’pore victims lost the most on average: Study​

The most prevalent scams worldwide are those involving online shopping, identity theft and investments. PHOTO: ST FILE
LISBON – Scammers stole an estimated US$1.02 trillion (S$1.4 trillion) globally between August 2022 and August 2023, with victims in Singapore losing the most money on average.

This was higher than the US$55.3 billion lost for the whole of 2021 and the US$47.8 billion lost in 2020, according to a joint study by non-profit organisation Global Anti Scam Alliance (Gasa) and data service provider ScamAdviser.

The latest figure was revealed by Gasa managing director Jorij Abraham during his opening speech on Wednesday at the Global Anti Scam Summit in Lisbon, Portugal. The annual conference, which is in its fourth iteration, runs over two days.

The global sum lost to scams was estimated by surveying 49,459 individuals from 43 countries – including Singapore.

Participants were asked about the types of scams they encountered and the amount of money they lost to fraudsters, among other questions. The data was then extrapolated based on the country’s population.

Explaining the spike in losses over the last reporting year, Mr Abraham told The Straits Times global losses were previously calculated based on figures received from law enforcement agencies, which have their limitations.

“Only about 7 per cent of all scams are reported to law enforcement agencies and governments, so these figures show just the tip of the iceberg.

“We changed the methodology this time and asked consumers directly to get a fuller picture,” he said.

Gasa brings together stakeholders such as policymakers, law enforcement agencies and cyber-security agencies to share knowledge on scams. ScamAdviser offers a service to help people check if a website is a scam.

The study found that scam victims in Singapore lost the most money on average, at US$4,031 per victim. Switzerland was second at US$3,767 per victim, followed by Austria at US$3,484.

Mr Abraham told ST that the three nations are affluent, and attractive targets to scammers.

Figures released by the Singapore Police Force (SPF) in February showed that victims in Singapore lost a total of $660.7 million in 2022, up from $632 million in 2021.

Speaking to a hybrid audience of over 1,250 attendees from over 100 countries, Mr Abraham said the most prevalent scams worldwide are those involving online shopping, identity theft and investments.

 

[tobelightlight]

Quick, pls locked up Sinkie money in cpf so as to protect them from scammers.

 

[k1976]

$1.4 trillion lost to scams globally; S’pore victims lost the most on average: Study​

The most prevalent scams worldwide are those involving online shopping, identity theft and investments. PHOTO: ST FILE
LISBON – Scammers stole an estimated US$1.02 trillion (S$1.4 trillion) globally between August 2022 and August 2023, with victims in Singapore losing the most money on average.

This was higher than the US$55.3 billion lost for the whole of 2021 and the US$47.8 billion lost in 2020, according to a joint study by non-profit organisation Global Anti Scam Alliance (Gasa) and data service provider ScamAdviser.

The latest figure was revealed by Gasa managing director Jorij Abraham during his opening speech on Wednesday at the Global Anti Scam Summit in Lisbon, Portugal. The annual conference, which is in its fourth iteration, runs over two days.

The global sum lost to scams was estimated by surveying 49,459 individuals from 43 countries – including Singapore.

Participants were asked about the types of scams they encountered and the amount of money they lost to fraudsters, among other questions. The data was then extrapolated based on the country’s population.

Explaining the spike in losses over the last reporting year, Mr Abraham told The Straits Times global losses were previously calculated based on figures received from law enforcement agencies, which have their limitations.

“Only about 7 per cent of all scams are reported to law enforcement agencies and governments, so these figures show just the tip of the iceberg.

“We changed the methodology this time and asked consumers directly to get a fuller picture,” he said.

Gasa brings together stakeholders such as policymakers, law enforcement agencies and cyber-security agencies to share knowledge on scams. ScamAdviser offers a service to help people check if a website is a scam.

The study found that scam victims in Singapore lost the most money on average, at US$4,031 per victim. Switzerland was second at US$3,767 per victim, followed by Austria at US$3,484.

Mr Abraham told ST that the three nations are affluent, and attractive targets to scammers.

Figures released by the Singapore Police Force (SPF) in February showed that victims in Singapore lost a total of $660.7 million in 2022, up from $632 million in 2021.

Speaking to a hybrid audience of over 1,250 attendees from over 100 countries, Mr Abraham said the most prevalent scams worldwide are those involving online shopping, identity theft and investments.

Cannot be...Singapore ish world smartest nation Lai de woh

 

[tobelightlight]

Cannot be...Singapore ish world smartest nation Lai de woh

OH yeah IQ highest.. But if high IQ, how come all go take vaccine and die from it?

 

[Sustanon]

what's so surprising??? Just look at the numbers of retards who went meh meh voluntarily......

 

[Leongsam]

The fact that sinkies can get rich despite being retarded must be thanks to the PAP!

 

[True Believer]

Quick, pls locked up Sinkie money in cpf so as to protect them from scammers.

Our Govt pushed the people too fast into being a Smart Nation, so many of us were outsmarted by scammers instead.

 

[laksaboy]

A child-like, unquestioning trust in the government, the 'authorities' and 'official sources' that has been inculcated from an early age has resulted in this.

It is true for all other aspects of life, not just the recent spate of scams.

 

[laksaboy]

Our Govt pushed the people too fast into being a Smart Nation, so many of us were outsmarted by scammers instead.

'Smart nation' has nothing to do with IQ, but creating a digital prison of constant surveillance. In accordance with the wishes of their Davos masters.

 

[Ralders]

Many of these kind of lonely people here. They are mostly pro ccp retards.

 

[k1976]

'Smart nation' has nothing to do with IQ, but creating a digital prison of constant surveillance. In accordance with the wishes of their Davos masters.

So can "take care" of the stubborn ones "better" mah

 

[True Believer]

A child-like, unquestioning trust in the government, the 'authorities' and 'official sources' that has been inculcated from an early age has resulted in this.
It is true for all other aspects of life, not just the recent spate of scams.

A Govt that acts like a nanny intends to raise an immature electorate that is easier to control, manipulate and subdue.

 

[blackmondy]

Our Govt pushed the people too fast into being a Smart Nation, so many of us were outsmarted by scammers instead.

One simply cannot have a smart nation run by a stupid gahmen.

 

[k1976]

A Govt that acts like a nanny intends to raise an immature electorate that is easier to control, manipulate and subdue.

Well, it ish in the genes de....coolie genes is cannot expect much de woh

 

[True Believer]

Well, it ish in the genes de....coolie genes is cannot expect much de woh

Pay And Pay is the biggest "vacuum cleaner" in the world, sucking up the money of its citizens.

 

[k1976]

Pay And Pay is the biggest "vacuum cleaner" in the world, sucking up the money of its citizens.

100% sustainable mah....u forgot our Army Song? Give 100 and take back 99..

Now, even better
Give Wing and take back whole Cheekon, remember?

 

[True Believer]

100% sustainable mah....u forgot our Army Song? Give 100 and take back 99..
Now, even better Give Wing and take back whole Cheekon, remember?

It will come as no surprise to me when the MIW give us only the skin and bones from the whole chicken forcibly taken from us taxpayers.

 

[True Believer]

One simply cannot have a smart nation run by a stupid gahmen.

I wouldn't say that our leaders are stupid. They tax us to death so that they are able to earn an annual salary that is enough to feed the average S'porean family for a lifetime. Yet there are still 60-70% of citizens who continue to vote them in at every PE ad GE.

 

[Papsmearer]

That's not proof that sinkies are retarded. The fact they voted for the PAP for 50 years is the proof they are retarded

 

[True Believer]

That's not proof that sinkies are retarded. The fact they voted for the PAP for 50 years is the proof they are retarded

Sinkies are masochists ....... they love pain to be inflicted on themselves.