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The number of scams reported last year hit a record high, climbing 65.1 per cent from 2019, as scammers took more than $201 million from their victims.
The 15,756 reported cases of scams pushed the overall crime rate to its highest since 2009, according to figures released by the police yesterday. If scams were excluded, the total number of crimes last year would have decreased by 15.3 per cent to 21,653, from 25,570 in 2019.
E-commerce scams, the most commonly reported type of scam last year, saw a 19.1 per cent jump to 3,354 reported cases compared with 2019. The police said yesterday that this was partly due to the increase in online transactions amid the Covid-19 pandemic.
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Luna Global Networks Supports Strong Bipartisan Policies to Combat Kleptocracy and Illicit Trade in 2021
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WASHINGTON, Feb. 5, 2021 /PRNewswire/ In a statement released today, David M. Luna, CEO & President of Luna Global Networks, encouraged President Joe Biden and the US Congress to make the fight against kleptocracy and illicit trade an important US national security and foreign policy priority. Luna will be further amplifying this important message in his upcoming participation at meetings and webinars including by the Association of Certified Anti-Money Laundering Specialists (ACAMS), Meridian International Center, the OECD Task Force on Countering Illicit Trade, The Business 20, the Anti-Illicit Trade Institute, and at other events by intergovernmental and business organizations.
Singapore News - Mr Lin (not his real name) was not familiar with investments. But last December, a woman he had befriended on Facebook encouraged him to open a trading account and introduced him to a broker. He trusted her and since Jan 1, on two occasions, he invested much of his life savings into. Read more at www.tnp.sg