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Post by Admin on Dec 27, 2015 0:48:32 GMT
SINGAPORE — About 200 people — most of whom are Chinese nationals — are understood to have lost more than S$3 million to an alleged remittance scam carried out in Singapore. Victims said the alleged scammer is a female Chinese national who runs a clothing store located near North Bridge Road. The alleged scam involves offering Chinese nationals a higher exchange rate when they transfer money to their bank accounts in China. But the victims realised they had been conned when they found out that their money were not credited into their bank accounts. It was made worse when they could not contact or find the alleged scammer. The victims have approached the Chinese Embassy in Singapore for assistance, while the police are currently investigating this case. CHANNEL NEWSASIA www.todayonline.com/singapore/200-victims-lose-s3-million-alleged-remittance-scam-spore
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