Police warn of loan scam involving fake letters or emails from banks and government agencies

News, market analysis, investment scam prevention tips and more ✔️ Your source for latest asset management news and information. This magazine is crafted specifically for those who are interested in diving into the global asset management world. SINGAPORE: The police have observed a new variant of loan scams that involved fake letters or emails from banks or government agencies, requiring that victims pay an administrative fee before receiving their loan.  At least 20 reports were received between January and April this year, with losses amounting to more than S$200,000, the authorities said [...] To keep reading about Police warn of loan scam involving fake letters or emails from banks and government agencies, Click on the link. Seoul, Korea
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