In 2023, victims of investments scams in Singapore lost a total of 204.5 million Singapore dollars. The amount of money cheated out of victims of such scams had increased more than five-fold since 2019.
Total amount cheated out of victims of investment scams in Singapore from 2019 to 2023
(in million Singapore dollars)
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SPF. (February 18, 2024). Total amount cheated out of victims of investment scams in Singapore from 2019 to 2023 (in million Singapore dollars) [Graph]. In Statista. Retrieved February 15, 2025, from https://www.statista.com/statistics/1405558/singapore-value-of-losses-from-investment-scams/?__sso_cookie_checker=failed
SPF. "Total amount cheated out of victims of investment scams in Singapore from 2019 to 2023 (in million Singapore dollars)." Chart. February 18, 2024. Statista. Accessed February 15, 2025. https://www.statista.com/statistics/1405558/singapore-value-of-losses-from-investment-scams/?__sso_cookie_checker=failed
SPF. (2024). Total amount cheated out of victims of investment scams in Singapore from 2019 to 2023 (in million Singapore dollars). Statista. Statista Inc.. Accessed: February 15, 2025. https://www.statista.com/statistics/1405558/singapore-value-of-losses-from-investment-scams/?__sso_cookie_checker=failed
SPF. "Total Amount Cheated out of Victims of Investment Scams in Singapore from 2019 to 2023 (in Million Singapore Dollars)." Statista, Statista Inc., 18 Feb 2024, https://www.statista.com/statistics/1405558/singapore-value-of-losses-from-investment-scams/?__sso_cookie_checker=failed
SPF, Total amount cheated out of victims of investment scams in Singapore from 2019 to 2023 (in million Singapore dollars) Statista, https://www.statista.com/statistics/1405558/singapore-value-of-losses-from-investment-scams/?__sso_cookie_checker=failed (last visited February 15, 2025)
Total amount cheated out of victims of investment scams in Singapore from 2019 to 2023 (in million Singapore dollars) [Graph], SPF, February 18, 2024. [Online]. Available: https://www.statista.com/statistics/1405558/singapore-value-of-losses-from-investment-scams/?__sso_cookie_checker=failed