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Number of investment scams in Singapore from 2020 to 2023

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Source

Release date

February 2024

Region

Singapore

Survey time period

2020 to 2023

Supplementary notes

Figures prior to 2022 come from previous reporting.

Citation formats

Investment scam cases Singapore 2020-2023

Published by Zeynep Dierks, Aug 9, 2024

In 2023, investment scam cases in Singapore increased to about from around 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.

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