While many would think that older adults would more likely fall for scams, the overall statistics debunked the belief. The police said 73 per cent of scam victims were aged below 50.
Young adults aged 20 to 29 mostly fell prey to job scams, while those aged 30 to 49 mostly lost money to e-commerce scams.
The elderly, aged 65 and above, made up 7.1 per cent of scam victims. More than a third of them fell for fake friend call scams and over 13 per cent for investment scams.
The police said most online scams are perpetrated by scammers based outside Singapore, and such cases are difficult to investigate and prosecute.
This story is from the February 19, 2024 edition of The Straits Times.
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This story is from the February 19, 2024 edition of The Straits Times.
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