Singapore reported US$1million lost in lottery scams this year.
The biggest amount of fees paid in a single transaction was US$235k!
“Often victims receive messages on their mobile phones, notifying them
to call an overseas number to claim prizes. To obtain the winnings,
they are asked to pay “administrative” or “processing” fees via
remittance companies in China.
Successful fraudsters either make up more stories seeking additional payments or abscond with what they have collected.”