Investment scam cases Singapore 2020-2022

Published by Lucas Romero, Aug 16, 2023
In 2022, investment scam cases in Singapore increased to about 3.11 thousand from around 2.5 thousand cases the previous year. During this year, investment scams were the type of scam with the highest amount cheated in the country. The platforms commonly used by scammers to contact victims are Instagram, Facebook, and Telegram.

Number of investment scams in Singapore from 2020 to 2022

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Release date

February 2023

Region

Singapore

Survey time period

2020 to 2022

Supplementary notes

Figures prior to 2021 come from previous reporting.

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