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Credits-for-sex scam victims cheated of $1.25 million

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Credits-for-sex scam victims cheated of $1.25 million




SINGAPORE - At least 500 credits-for-sex scams have been reported to the police in the first five months of 2015, with over S$1.25 million being cheated from victims.

The police revealed these figures today, and added that a 22-year-old man was arrested yesterday (June 16) in relation to such a scam.

The scam involves females befriending male victims through social media platforms such as Wechat and then asking them to buy purchase cards or online shopping credits in exchange for a meet-up, date or the promise of sexual service.

Victims will usually be asked to buy the cards through AXS machines and send images of the receipts together with PIN numbers to designated email accounts for them to claim the credits. Sometimes, other members of the syndicates will contact the victims and ask for further purchases of online shopping credits.

In June 2015, police received reports on a new variant of the scam. Victims were asked to hand over their ATM cards and reveal the PIN numbers before they could meet the females.

They were instructed to leave their ATM cards at certain locations in public areas and were told the cards would be returned after meeting the females. These cards were collected by unknown persons and the monies in the accounts linked to the ATM cards were pilfered. In some instances, these accounts were used to receive funds from other victims of crime.

The 22-year-old man will be charged in court for cheating related offences on June 18 at 2.30 pm.

[email protected]


 
this is proof that sinkies are morons and need replacements by ft's.
 
the evolution of stupid.the moment when fts con artists realise sinkies are dumber than humanely possibly dumb and you can now ask them to hand over their atm cards and pins before even verifying the goods exist.
 
Losing 43k to investment scam...tat we can understand...but losing 43k to kio kway scam...unnnnnnbelievable...:eek::confused::D:p



'Credits for sex’ scam victims lost S$1.25m from Jan to May



TODAY reports: At least 500 reports so far of a scam involving women who befriend men via social media, then offer dates and sex for online shopping credits.


SINGAPORE: The warnings to stay sharp against cybercheating appear to have fallen on deaf ears for some, as men have been cheated of more than S$1.25 million in sex scams in the first five months of the year.
After receiving at least 500 reports on “credits for sex” scams, the police have arrested a 22-year-old connected to such scams. The suspect will be charged in court with cheating-related offences on Thursday (Jun 18).
The scams involved women befriending male victims through social media platforms such as WeChat, and offering dates or sexual services in exchange for online shopping credits, said the police in a media release on Wednesday.
The scammers would typically ask the victims to purchase cards from AXS machines, and send images of the receipts together with the personal identification numbers (PINs) for the cards to designated email accounts for them to claim the credits. In some cases, other members of the syndicates would contact the victims and ask them to make more purchases.
Earlier this month, a variation of the scam emerged: Victims were asked to hand over their ATM cards and PIN before they could meet the women. They were instructed to leave their ATM cards at public locations, and told that their cards would be returned to them after they met the women.
The cards were then collected by unknown persons and the monies in the accounts linked to the cards were pilfered. On some occasions, these accounts were used to receive funds from other victims of crime.
As more cases were reported, the police issued warnings. Choa Chu Kang Neighbourhood Police Centre (NPC) sent an SMS alert earlier this month to residents urging vigilance against such scams. Between January and April, 373 victims fell for the scam and the sum cheated totalled S$812,000, with one of the victims made S$43,137 poorer, they said.
Cybercheating cases have been an area of concern in recent years, with a three-fold jump in the number of such cases between 2009 and last year. E-commerce cheating or extortion on cyberspace crimes continued to rise from 510 cases in 2013 to 1,659 cases last year.
Most of the cases were shoppers who were duped into making multiple payments for purported online bargains. Crooks would put up advertisements for products at low prices but ask for payments repeatedly on the pretext that the goods would be delivered eventually. Internet scams also emerged in the form of fake gift cards or virtual credits being peddled online.
Responding to TODAY’s queries about the scams flagged by the Choa Chu Kang NPC, a police spokesperson said preliminary investigations show that the latest credits-for-sex scam appeared to originate from overseas, and the police are working with its foreign counterparts to trace the perpetrators.
Members of the public are advised to be wary of strangers they befriend online, as well as avoid providing personal details about themselves when engaging other Internet users. They are also advised not to share their payment receipts containing details such as PINs with anyone.
Read the original TODAY report here.


-TODAY/hs
 
this is proof that sinkies are morons and need replacements by ft's.

The majority are, especially the 60%, they give freely to CPF & gets temporarily high, with freebies from the government. Sometimes, I wonder if they worth looking after???:mad:
 
this is proof that sinkies are morons and need replacements by ft's.

You got this one, right.

Never seen the whore let alone touched her and these Sinkie are alrrady paying first.

Must be a conditioning done by PAP. Like them paying for COE. No car on the road that they can drive but they got to pay the PAPies first! LoL
 
How come i neber think of such scam?

because u have the rare human quality of feeling guilty conscious.

only greedy scumbag will spend time to think of ways to cheat from others.
the best are those who can disguised their tricks as something beneficial for the victims,
you the bestest if the victims praise you for your evil scam.
 
female same. the ah neh who posed as ang moh, meet sinkie bitches and fucked them, remember him? sinkies are dumb as sticks
 

Man, 22, charged for alleged role in credit-for-sex scam


Published on Jun 18, 2015 5:08 PM
By Andrea Ng

SINGAPORE - A 22-year-old man believed to be a member of a syndicate involved in a $1.25 million credit-for-sex scam was charged in court on Thursday.

Liew Yii Tern was charged with two counts of cheating for allowing his DBS bank account to be used to receive more than $40,000 from two victims, who had been led to believe they were making pre-payment for sexual services.

The
Malaysian was also charged with one count of dishonestly receiving a stolen POSB ATM card.

Calling the three charges against Liew the "tip of the iceberg", the prosecution officer said that there were many more charges were to come.


 

Credits-for-sex scam victims cheated of $1.25 million



SINGAPORE - At least 500 credits-for-sex scams have been reported to the police in the first five months of 2015, with over S$1.25 million being cheated from victims.

The police revealed these figures today, and added that a 22-year-old man was arrested yesterday (June 16) in relation to such a scam.

The scam involves females befriending male victims through social media platforms such as Wechat and then asking them to buy purchase cards or online shopping credits in exchange for a meet-up, date or the promise of sexual service.

Victims will usually be asked to buy the cards through AXS machines and send images of the receipts together with PIN numbers to designated email accounts for them to claim the credits. Sometimes, other members of the syndicates will contact the victims and ask for further purchases of online shopping credits.

In June 2015, police received reports on a new variant of the scam. Victims were asked to hand over their ATM cards and reveal the PIN numbers before they could meet the females.

They were instructed to leave their ATM cards at certain locations in public areas and were told the cards would be returned after meeting the females. These cards were collected by unknown persons and the monies in the accounts linked to the ATM cards were pilfered. In some instances, these accounts were used to receive funds from other victims of crime.

The 22-year-old man will be charged in court for cheating related offences on June 18 at 2.30 pm.

[email protected]



Some guys are unbelievably silly to fall for this scam
 
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