Singapore hit by growing cybercrimes, clocks $501M in losses from scams

Number of reported scam and cybercrime cases climbed 25.2% last year, with young adults aged 20 to 39 accounting for more than half of scam victims who lost a total of SG$660.7 million ($501.9 million).

accounting adults cases cybercrime cybercrimes losses lost scam scams singapore young