DomainFork
Markets
MarketsCompaniesCryptoCommoditiesIslamic Finance
Money
Personal FinanceProperty
World
MalaysiaASEANAsiaWorld
Business
TechnologyStartupsOpinion
Intelligence
AI EdgeOSINT Desk
Media
VideoAudioLifestyle
Breaking
READ THE MEDIA RELEASERemarks by Mr Chia Der Jiun, Managing Director, MAS, at the MAS Annual Report 2025/2026 Media Conference on 28 July 2026Cautious trade drags Bursa Malaysia lower at midday - The StarBursa Malaysia opens lower, tracking overnight losses on Wall Street - NST OnlineMyCC DAN DOSM MEMETERAI KERJASAMA STRATEGIK BAGI PEMERKASAAN DATA SEBAGAI SUMBER UTAMA DASAR KERAJAANSIX ENTERPRISES FACE POSSIBLE PENALTIES FOR ALLEGED BID RIGGING CARTEL FOR FOOD SUPPLYBursa Malaysia Higher At Midday, Supported By Tech Stocks - bernamaBursa Malaysia closes lower as investors take profit after market rebound - Malay MailWhat to expect on Bursa Malaysia this Friday - focusmalaysia.myBursa Malaysia opens lower, tracks Wall Street losses - The StarL'AMF annonce la radiation d’AUTOMATA France SAS à compter du 30 juin 2026 en qualité de prestataire de services sur actifs numériquesNews August 04, 2026 Aramco announces second quarter and half year 2026 resultsDe la conception à la mise en œuvre : cinq leviers pour favoriser une supervision européenne efficace des marchés de capitauxNews May 25, 2026 Aramco and PETRONAS Announce Transfer of Full Ownership of PRefChem to PETRONASMonetary and Financial StatisticsOil price shoots up as stocks tread waterISD scholarship does not guarantee future recruits, but may drive peer-led counter-radicalisation: ExpertsOfficial Launch of the NPRA GCP, GLP, BE & EC Inspection DashboardPELAKSANAAN KAJIAN KEPUASAN PELANGGAN LUARAN PROGRAM PERKHIDMATAN FARMASI, KKMFinancial OSINT tracks public data from BNM, Bursa Malaysia, and government portalsREAD THE MEDIA RELEASERemarks by Mr Chia Der Jiun, Managing Director, MAS, at the MAS Annual Report 2025/2026 Media Conference on 28 July 2026Cautious trade drags Bursa Malaysia lower at midday - The StarBursa Malaysia opens lower, tracking overnight losses on Wall Street - NST OnlineMyCC DAN DOSM MEMETERAI KERJASAMA STRATEGIK BAGI PEMERKASAAN DATA SEBAGAI SUMBER UTAMA DASAR KERAJAANSIX ENTERPRISES FACE POSSIBLE PENALTIES FOR ALLEGED BID RIGGING CARTEL FOR FOOD SUPPLYBursa Malaysia Higher At Midday, Supported By Tech Stocks - bernamaBursa Malaysia closes lower as investors take profit after market rebound - Malay MailWhat to expect on Bursa Malaysia this Friday - focusmalaysia.myBursa Malaysia opens lower, tracks Wall Street losses - The StarL'AMF annonce la radiation d’AUTOMATA France SAS à compter du 30 juin 2026 en qualité de prestataire de services sur actifs numériquesNews August 04, 2026 Aramco announces second quarter and half year 2026 resultsDe la conception à la mise en œuvre : cinq leviers pour favoriser une supervision européenne efficace des marchés de capitauxNews May 25, 2026 Aramco and PETRONAS Announce Transfer of Full Ownership of PRefChem to PETRONASMonetary and Financial StatisticsOil price shoots up as stocks tread waterISD scholarship does not guarantee future recruits, but may drive peer-led counter-radicalisation: ExpertsOfficial Launch of the NPRA GCP, GLP, BE & EC Inspection DashboardPELAKSANAAN KAJIAN KEPUASAN PELANGGAN LUARAN PROGRAM PERKHIDMATAN FARMASI, KKMFinancial OSINT tracks public data from BNM, Bursa Malaysia, and government portals
Home/ASEAN
Economy

READ THE MEDIA RELEASE

Singapore, 14 March 2025...The Singapore Police Force and Monetary Authority of Singapore (MAS) would like to alert members of the public to scams involving impersonation of MAS officials and representatives from NTUC Union and financial institutions (i.e. Income Insurance and Unionpay staff). Since January 2025, at least six cases have been reported to the police, with total losses amounting to a

Source: Monetary Authority of Singapore · August 7, 2026 at 5:18 AM · AI-assisted report

READ THE MEDIA RELEASE
DomainFork
Image: mas.gov.sg

SINGAPORE, 7 AUGUST 2026 —

Listen to this article

DomainFork Audio · read aloud

Singapore, 14 March 2025...The Singapore Police Force and Monetary Authority of Singapore (MAS) would like to alert members of the public to scams involving impersonation of MAS officials and representatives from NTUC Union and financial institutions (i.e. Income Insurance and Unionpay staff). Since January 2025, at least six cases have been reported to the police, with total losses amounting to at least S$1.7million. (AI-assisted rewrite, based on the original source)

Details so far come from Monetary Authority of Singapore. DomainFork is monitoring for confirmation and follow-up reporting.

NTUC Union, Income Insurance, Unionpay, Monetary Authority of Singapore, Singapore Police Force and Singapore sits at the centre of the story, and the newsroom is tracking developments there.

The scam may have an indirect effect on the regional financial market, potentially influencing the ringgit (MYR) and the KLCI, although the direct impact is on Singapore. The scam's effect on oil prices is unlikely.

Related: NTUC Union, Income Insurance, Unionpay · Monetary Authority of Singapore, Singapore Police Force · Singapore

Malaysia Impact

The scam may have an indirect effect on the regional financial market, potentially influencing the ringgit (MYR) and the KLCI, although the direct impact is on Singapore. The scam's effect on oil prices is unlikely.

Reporting based on Monetary Authority of Singapore. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.

Suggested Reads

Remarks by Mr Chia Der Jiun, Managing Director, MAS, at the MAS Annual Report 2025/2026 Media Conference on 28 July 2026Cautious trade drags Bursa Malaysia lower at midday - The StarBursa Malaysia opens lower, tracking overnight losses on Wall Street - NST OnlineMyCC DAN DOSM MEMETERAI KERJASAMA STRATEGIK BAGI PEMERKASAAN DATA SEBAGAI SUMBER UTAMA DASAR KERAJAAN

Analyst Consensus — This Week

Neutral6.4/10AI sentiment across 95 stories · not investment advice

The Daily Brief · Free

Five market signals.
Five minutes. Every morning.

AI-curated intelligence on Malaysia, ASEAN, and global markets — before the opening bell.

  • ✓ KLCI, ringgit & sector movers
  • ✓ The AI Edge sentiment read
  • ✓ No spam — one email, unsubscribe anytime

Free daily market briefing. No spam, unsubscribe anytime.

DomainFork

Malaysian financial intelligence — AI-assisted coverage of finance, economics, technology, and open-source data across Malaysia, ASEAN, and the world.

Sections

  • Malaysia
  • ASEAN
  • Asia
  • World
  • Tech
  • Markets

Intelligence

  • AI Daily Briefing
  • OSINT Desk
  • Video
  • Audio

Company

  • About Us
  • Editorial Standards
  • Advertise
  • Contact the Desk

Disclaimer: DomainFork provides financial, economic, technology, and OSINT information for general education and research. AI summaries, sentiment scores, and market data are not investment advice. Consult a licensed professional before making financial decisions.

© 2026 DomainFork. All rights reserved.

Powered by: Codint Technology : codint.io