wrote an article in The New York Times regarding a surge in the quantity and quality of the forging of U. postal money orders, and its use to commit online fraud.
Jimmy had become a victim of an online credit-for-sex scam and had no choice but to report the case to the police.
In the first half of 2015, people in Singapore lost S$1.59 million in such scams, as well as S$3.7 million in Internet love scams.
A fraudster posts a nonexistent vehicle for sale to a website, typically a luxury or sports car, advertised for well below its market value.
The details of the vehicle, including photos and description, are typically lifted from sites such as Craigslist, Auto and
Research suggests that online scams can happen through social engineering Purchase fraud occurs when a criminal approaches a merchant and proposes a business transaction, and then uses fraudulent means such as a stolen or fake credit card to pay for it. Merchants who accept credit cards may receive a chargeback for the transaction and in the process, lose money.
The most common fraud takes place using credit cards.
In the Philippines, that is equivalent to a senior manager’s monthly salary.
So lucrative is her trade that she has since introduced the skill of scamming to her neighbour.
This is when the account numbers and PIN numbers are obtained when a transaction is done.
The fraudster (s) use this information to withdraw money from unsuspected individual.
Janice told GET REAL why Singaporeans are easier, more "gullible" targets for scammers like her both in and out of the country."Australians are quite difficult and snobbish, so I need to adjust to them a lot.