Singapore Records Fewer Scams but Losses Still Reach S$410.6 Million

Singapore recorded fewer scams in the first half of 2026 but victims still lost S$410.6 million. Reported cases fell 14.4% year on year to 16,821, according to Singapore’s Mid-Year Scam and Cybercrime Brief 2026. Losses declined 17.9% from S$500.2 million. Scams accounted for more than nine in 10 scam and cybercrime cases recorded between January [...] The post Singapore Records Fewer Scams but Losses Still Reach S$410.6 Million appeared first on Fintech Singapore.