Scam-Proofing Singapore

A/P Hannah Lim clarified misconceptions and explained how legislation strengthens digital security and prevents financial fraud.

Singapore police may soon have powers to stop people from transferring money to suspected scammers, in what could be the first such law in the world. If passed, it will be used as a last resort on victims who continue to send money, despite warnings that it could be a scam. Authorities said these victims are often those caught in online love or impersonation scams, and are in denial that they have been tricked. The law aims to restrict victims' bank transactions for 30 days. The restriction order can be extended up to five times, if the police feel the victim is still vulnerable. Nikhil Khattar reports.

Daily Cuts - Proposed law to help susceptible scam victims

Singapore Today's Lance Alexander and Justine Moss speak with Associate Professor Hannah Yee-Fen Lim, Division of Business Law, NTU Nanyang Business School, about the effectiveness of a proposed law allowing Singapore police to restrict bank transactions of people who refuse to believe they are being scammed. Click here for the podcast.