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Banks roped in to disrupt scammers' operations

Published Fri, Aug 30, 2019 · 09:50 PM

Singapore

SUSPICIOUS bank accounts linked to scams can now be frozen in a few days, thanks to collaboration between the Singapore Police Force (SPF) and three major banks here.

By impeding fund transfers in this manner, the SPF's two-month-old Anti-Scam Centre aims to disrupt the operations of scammers and minimise the losses of victims.

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