must be using a huawei phone.
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[Sg] - 70-Year-Old Man Loses Over $70,000 After Fake Google Play Was Installed On His Mobile Phone
- Thread starter UltimaOnline
- Start date
The man, known as Loo (not his real name), told Shin Min Daily News that he had received a call from a DBS Bank staff at around 9am on Jan. 29.
Why bother to give him a name when it does not matter and not real.
Just call him “victim”.
Why bother to give him a name when it does not matter and not real.
Just call him “victim”.
S'pore man, 70, loses S$71,000 in 2 hours after clicking on malware-infected Google Play app
S$30,000 was his pension.
A 70-year-old man in Singapore lost about S$71,000 in two hours after he allegedly clicked on a malicious fake Google Play application on his phone.
The man, known as Loo (not his real name), told Shin Min Daily News that he had received a call from a DBS Bank staff at around 9am on Jan. 29.
The staff informed Loo that from 3am to 5am, multiple transfers of money were made from his account to foreign countries.
The amount transferred totalled S$71,000.
Only about S$2,000 was left in his account.
Loo told the staff to freeze his account immediately.
Lost his pension in the process
Loo's S$30,000 pension, which he received in January, was lost.
More than S$6,000 was also charged to his credit card, which he has not repaid.
He subsequently reported the matter to the police and handed his phone over to them for investigation.
"The police said if the money has been transferred to a foreign country, I can't get it back. It is my hard earned money and it really hurts for it to be transferred away like this. This matter has caused me and my wife many sleepless nights," Loo told Shin Min.
Loo also insisted that he did not receive a one-time password (OTP), nor was he redirected to any alternative links.
This left him wondering how his account was compromised.
Loo said he shared his story to warn others.
Phone was compromised: police
Responding to Mothership's queries, a DBS spokesperson said police investigations revealed that Loo's phone was compromised by malware.
This can happen when one downloads applications laced with malware from unauthorised sites.
The malware allow hackers to "take control" of a mobile device to perform fraudulent online transactions.
"Given these circumstances, consumers will have to bear responsibility for exposure to malware, which led to their phones being compromised," the DBS spokesperson said.
However, the spokesperson also mentioned that the bank has reached out to Loo to make a goodwill offer.
"Consumers can also consider seeking assistance from the Financial Industry Disputes and Resolution Centre Ltd. (FIDReC), which is an independent and impartial mediation party, and can be assured that DBS will fully support the review process," the spokesperson added.
The Singapore police and the Cyber Security Agency of Singapore issued a joint statement on April 11 warning the public about downloading applications from third party or dubious sites.
They also advised the public on the steps to follow to be adequately protected.
Top photo via Shin Min Daily News
If you like what you read, follow us on Facebook, Instagram, Twitter and Telegram to get the latest updates.
S$30,000 was his pension.
A 70-year-old man in Singapore lost about S$71,000 in two hours after he allegedly clicked on a malicious fake Google Play application on his phone.
The man, known as Loo (not his real name), told Shin Min Daily News that he had received a call from a DBS Bank staff at around 9am on Jan. 29.
The staff informed Loo that from 3am to 5am, multiple transfers of money were made from his account to foreign countries.
The amount transferred totalled S$71,000.
Only about S$2,000 was left in his account.
Loo told the staff to freeze his account immediately.
Lost his pension in the process
Loo's S$30,000 pension, which he received in January, was lost.
More than S$6,000 was also charged to his credit card, which he has not repaid.
He subsequently reported the matter to the police and handed his phone over to them for investigation.
"The police said if the money has been transferred to a foreign country, I can't get it back. It is my hard earned money and it really hurts for it to be transferred away like this. This matter has caused me and my wife many sleepless nights," Loo told Shin Min.
Loo also insisted that he did not receive a one-time password (OTP), nor was he redirected to any alternative links.
This left him wondering how his account was compromised.
Loo said he shared his story to warn others.
Phone was compromised: police
Responding to Mothership's queries, a DBS spokesperson said police investigations revealed that Loo's phone was compromised by malware.
This can happen when one downloads applications laced with malware from unauthorised sites.
The malware allow hackers to "take control" of a mobile device to perform fraudulent online transactions.
"Given these circumstances, consumers will have to bear responsibility for exposure to malware, which led to their phones being compromised," the DBS spokesperson said.
However, the spokesperson also mentioned that the bank has reached out to Loo to make a goodwill offer.
"Consumers can also consider seeking assistance from the Financial Industry Disputes and Resolution Centre Ltd. (FIDReC), which is an independent and impartial mediation party, and can be assured that DBS will fully support the review process," the spokesperson added.
The Singapore police and the Cyber Security Agency of Singapore issued a joint statement on April 11 warning the public about downloading applications from third party or dubious sites.
They also advised the public on the steps to follow to be adequately protected.
Top photo via Shin Min Daily News
If you like what you read, follow us on Facebook, Instagram, Twitter and Telegram to get the latest updates.
Maybe Android have to go the way of faggot phones and just lock out all down loads from external sites. Also all banks should just not allow transfers unless the external overseas account has been 'registered' with the bank. But it's just too much work for the bank
He must have been tempted by some boobs videos and click for more.
Look at the source la - Shin Min Daily News. Lol u expected journalistic excellence?
If the bank is offering a goodwill offer, i think they know they are at fault and with a good lawyer, old man got a case against them.
No banks are going to offer an amount first.
Don't the banks have security setup in a way that no money can be transferred into an overseas bank without prior approval?
No banks are going to offer an amount first.
Don't the banks have security setup in a way that no money can be transferred into an overseas bank without prior approval?
Another lao hero bites the dust
Scammer left $2k for Lao Hero to buy a IPhone15
Classified national secrets, just like the race of perpetrators in certain crimes, or the identity of child rapists.
Magical 'gag orders' from the kangaroo court of a shithole regime.
Retard Sinkies should be banned from any online banking. Should stick to having a bank book and q at counter in person. Xia Suay.
You can see that the recent scams, the bank has made offer and returning most of the money.
Simply having a malware can cause this to happen simple means online banking should be decommissioned anytime now. Banks are still not acknowledging it. Maybe soon.
1 of my friend also recently got a fraudulent transaction done to her account.
She has always been a careful person.
It shows that online banking and financial app is no longer safe. Use at your own risk.
My friend had to terminate all her cards.
Bank also made the restitution.
Previously Banks can offer advice on How to avoid scams, how to identify fake urls, not to click on links etc.
Now the scam is many levels above and I think bank can no longer give advices.
You cannot prevent a malware app from self installing into your phone when they are tagged to a legit app, can you ?
I would say, uninstall all your app today and just leave something to pass time eg sbf website, play games, WhatsApp chat.
According to the article, the app is the Google Play app itself, which makes me wonder why it didn't come with the phone as a preset software.Classified national secrets, just like the race of perpetrators in certain crimes, or the identity of child rapists.
Magical 'gag orders' from the kangaroo court of a shithole regime.
Thank u for the news... Must have awareness
Many Dickson Yeo and George Yeo types in Sinkieland. You can easily identify them by them always taking the opportunity to put in a good word for China, even when there is no need to do so.
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