SINGAPORE – When a woman whom Ali (not his real name) liked asked him to help with her part-time job, he thought he had a chance at romance.
Instead, his savings were wiped out, and he is more than $25,000 in debt.
Scam victims in Singapore lost a record $1.1 billion in 2024.
Some victims, like Ali, do not just lose their savings, but incur mountains of debt as they try to address these losses.
Non-profit organisation Credit Counselling Singapore (CCS), which typically helps people with business and credit card debt, has seen more than 200 scam victims since they started recording such cases in 2023.
CCS general manager Tan Huey Min said the number of cases is rising.
With 33 such victims in the first quarter of 2025 alone, there could…
