Read a Yahoo news post about DBS and POSB accounts being illegally withdrawn by a total amount of $200,000.
Some of the victims had $2000 withdrawn from their accounts from ATMs located in Malaysia. Somehow, the details of the accounts and their pins were skimmed by these fraudsters.
A few of the victims interviewed said that they did not have internet bank accounts nor Paypal accounts from which these fraudsters could have gained their bank account information from.
So please check your bank accounts to see if there are any unauthorised withdrawals and approach the bank officers or call 1800-220-1111 as stated in the Yahoo article for help.
Have a Happy New Year and may you have an interesting and fruitful year in 2012, the year of the Dragon.
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The information contained in this blog is prepared from data believed to be correct and reliable at the time of publication of this report. The authors do not make any guarantee or representation as to the adequacy, accuracy, completeness, reliability of the information contained herein. Neither the authors or any affiliates or related persons shall be liable for any consequences (direct or indirect losses, loss of profits and damages) of any
reliance placed on information provided in the blog.
Shares and financial instruments illustrated in this blog can go down sharply or in certain instruments suffer total loss on the initial investments. Investors are advised to make their own judgment on the information provided and consult their own financial advisors or consultants as to the suitability of the products illustrated to their particular financial needs and objectives before acting on any information contained herein in this blog.
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