Amounts Successfully Recovered following Enforcement Operations against Scams

Parliament of Singapore · 9 September 2024

Official Report, 9 September 2024, Vol 95, Issue 140 · Open in the reader (summaries, search, filters)

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Ms Mariam Jaafar asked the Minister for Home Affairs (a) in the past two years, how many victims of scams have been able to recover all or part of their losses from successful law enforcement operations or compensation from banks and other entities; and (b) how much has been recovered.

Mr K Shanmugam: Between 2022 and June 2024, the Singapore Police Force recovered about $300 million in scam losses through its investigation and enforcement efforts.

We do not track the number of victims who have been able to recover their losses, whether from law enforcement operations or compensation from banks and other entities.

Source: Singapore Parliament Official Report (Hansard) for 9 September 2024. Republished on SGParliament.