Don't transfer funds without checking

Scammers may pressure you into making funds transfers by creating a sense of urgency to do so. By doing so, scammers want victims to react emotionally rather than rationally. This sign may appear in E-commerce scams, Social Media Impersonation scams, China Officials Impersonation scams, Internet Love scams, Credit-for-sex scams or Money Laundering.

Spot the Signs

You are reading: Urgent money transfers, Series 4 of 5 in Spot The Signs

E-COMMERCE SCAM SIGNS 

E-COMMERCE SCAM SIGNS

  1. You see a deal online for popular items, often electronic gadgets, that are priced below market rates.
  2. The deal is presented as limited time only for an urgent flash deal.
  3. The "seller" insists or encourage you to take the conversation off the platform or make payment through direct bank transfers rather than through the payment options offered by the platform
  4. The "seller" account could be set up very recently or has few or no reviews.
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SOCIAL MEDIA IMPERSONATION / WHATSAPP TAKEOVER SCAM SIGNS

  1. You receive a message from a "friend" asking you for help. They then ask you to buy iTunes or other gift cards for them.
  2. You could also receive a message from a "friend" asking you for bank details and one-time passwords for online shopping accounts to help you claim prizes for lucky draw.
  3. You receive a message from a "friend" asking you for your WhatsApp verification code.
  4. You have trouble logging into your online account(s)
  5. There are unauthorised transactions on your online or bank accounts, or your phone data bill is larger than usual
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SOCIAL MEDIA IMPERSONATION / WHATSAPP TAKEOVER SCAM SIGNS 
CHINA OFFICIAL IMPERSONATION SCAM SIGNS 

CHINA OFFICIAL IMPERSONATION SCAM SIGNS

  1. You receive a call for someone claiming to be a government official, an employee or representative of bank, courier company or renowned organisation.
  2. They link you to pending court cases, your mobile number being used in a crime, claim that your Wi-Fi has been compromised, or other urgent request that require your immediate attention.
  3. They ask you for your personal particulars, bank account details, and OTPs.
  4. They threaten to escalate matters to the police or someone of higher authority if you do not cooperate.
  5. Some may sound helpful and offer assistance to help you resolve the impending issues only if you cooperate by giving them what they need.
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INTERNET LOVE SCAM SIGNS

  1. You are approached by an attractive person, often a foreigner, online. He or she tells a tale about falling into trouble or hard times.
  2. They ask you to transfer money, buy gift cards, Google Play cards, Steam cards or iTunes cards, or invest/receive money as proof of love
  3. They are reluctant to identify themselves via a video call or in-person
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INTERNET LOVE SCAM SIGNS 
CREDIT-FOR-SEX SCAM SIGNS 

CREDIT-FOR-SEX SCAM SIGNS

  1. Unsolicited friend request from young, attractive men and women online, often through social media platform such as WeChat, Tinder or even Facebook.
  2. Request for upfront payments in the form of shopping credits or gifts cards in exchange for escort, massage or sexual services.
  3. Request to remit money via post offices, wire transfer services or the bank.
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MONEY LAUNDERING SIGNS

  1. A stranger befriend you online and asks you to open a new bank account or use your existing bank account to receive money or send money to another person or company overseas.
  2. You see a job ad online for the position of "agent" for receiving and transferring money on behalf of the company.
  3. You are offered commission for helping to conduct transactions using your bank account on behalf of another person.
  4. The "employer" has no street address or ACRA details.
Learn More 
MONEY LAUNDERING SIGNS 
E-COMMERCE SCAM SIGNS 

E-COMMERCE SCAM SIGNS

  1. You see a deal online for popular items, often electronic gadgets, that are priced below market rates.
  2. The deal is presented as limited time only for an urgent flash deal.
  3. The "seller" insists or encourage you to take the conversation off the platform or make payment through direct bank transfers rather than through the payment options offered by the platform
  4. The "seller" account could be set up very recently or has few or no reviews.
Learn More 
SOCIAL MEDIA IMPERSONATION / WHATSAPP TAKEOVER SCAM SIGNS 

SOCIAL MEDIA IMPERSONATION / WHATSAPP TAKEOVER SCAM SIGNS

  1. You receive a message from a "friend" asking you for help. They then ask you to buy iTunes or other gift cards for them.
  2. You could also receive a message from a "friend" asking you for bank details and one-time passwords for online shopping accounts to help you claim prizes for lucky draw.
  3. You receive a message from a "friend" asking you for your WhatsApp verification code.
  4. You have trouble logging into your online account(s)
  5. There are unauthorised transactions on your online or bank accounts, or your phone data bill is larger than usual
Learn More 
CHINA OFFICIAL IMPERSONATION SCAM SIGNS 

CHINA OFFICIAL IMPERSONATION SCAM SIGNS

  1. You receive a call for someone claiming to be a government official, an employee or representative of bank, courier company or renowned organisation.
  2. They link you to pending court cases, your mobile number being used in a crime, claim that your Wi-Fi has been compromised, or other urgent request that require your immediate attention.
  3. They ask you for your personal particulars, bank account details, and OTPs.
  4. They threaten to escalate matters to the police or someone of higher authority if you do not cooperate.
  5. Some may sound helpful and offer assistance to help you resolve the impending issues only if you cooperate by giving them what they need.
Learn More 
INTERNET LOVE SCAM SIGNS 

INTERNET LOVE SCAM SIGNS

  1. You are approached by an attractive person, often a foreigner, online. He or she tells a tale about falling into trouble or hard times.
  2. They ask you to transfer money, buy gift cards, Google Play cards, Steam cards or iTunes cards, or invest/receive money as proof of love
  3. They are reluctant to identify themselves via a video call or in-person
Learn More 
CREDIT-FOR-SEX SCAM SIGNS 

CREDIT-FOR-SEX SCAM SIGNS

  1. Unsolicited friend request from young, attractive men and women online, often through social media platform such as WeChat, Tinder or even Facebook.
  2. Request for upfront payments in the form of shopping credits or gifts cards in exchange for escort, massage or sexual services.
  3. Request to remit money via post offices, wire transfer services or the bank.
Learn More 
MONEY LAUNDERING SIGNS 

MONEY LAUNDERING SIGNS

  1. A stranger befriend you online and asks you to open a new bank account or use your existing bank account to receive money or send money to another person or company overseas.
  2. You see a job ad online for the position of "agent" for receiving and transferring money on behalf of the company.
  3. You are offered commission for helping to conduct transactions using your bank account on behalf of another person.
  4. The "employer" has no street address or ACRA details.
Learn More 

LEARN HOW TO SPOT OTHER SCAM TYPES

01. Tempting offers
02. Unexpected Friend Requests
03. Pay by gift cards or credits
05. OTP requests

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