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Scammers allegedly pose as MAS officials to dupe man of over S$1.1 million; 24 people arrested

Police arrested 24 suspects aged 15-34 after a scam impersonating Monetary Authority of Singapore officials stole over S$1.1 million using gold, crypto, and QR code payments.

Besides the arrests, the police are also investigating another nine people for their suspected involvement in the scam.

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Channel News Asia broke the news in Singapore on Sunday, October 26, 2025.
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