SINGAPORE – Since March 1, unsuspecting victims in Singapore have fallen prey to a series of phishing scams involving counterfeit EZ-Link and SimplyGo websites, resulting in a staggering loss of at least $156,000 across 97 reported incidents.

The scams took place primarily on social media platforms like Facebook and Instagram, where malicious actors lured potential victims with alluring advertisements claiming incredible promotions, such as unlimited travel for just $3! These enticing offers drew users in, leading them to click on links that redirected them to fraudulent websites mimicking the official EZ-Link or SimplyGo platforms.

Once on these deceptive sites, victims were asked to input their credit or debit card details and one-time passwords under the guise of purchasing an ez-link card. Some individuals were even manipulated into participating in phony online quizzes or games, with promises of winning a “gift box” that included a “free ez-link” card. The catch? After winning, they were still required to input sensitive banking details to claim their supposed rewards.

The grim reality set in once victims noticed unauthorized transactions, with some experiencing charges in foreign currencies, raising alarms about this widespread scam.

Authorities have firmly stated that all legitimate promotions regarding ez-link cards are only handled through the official SimplyGo website or their verified social media channels. In fact, offers like the purported “$3 for unlimited travel” deal are nonexistent.

To stay safe, the police advise the public to be skeptical of offers that appear too good to be true. For those seeking accurate information about ez-link card purchases, visiting the official SimplyGo website is essential. If there’s any sign of questionable activity, always confirm details directly with SimplyGo via their designated hotline at 1800-2255-663.

In light of this alarming trend, individuals should promptly notify their banks regarding any fraudulent transactions and report suspicious advertisements to the respective social media platforms. The law enforcement agencies have emphasized the importance of taking preventive measures against potential scams.

Some precautionary steps include downloading the ScamShield app, enabling vital security features such as transaction limits for online banking, activating two-factor authentication, and utilizing the Money Lock feature offered by banks to safeguard a portion of funds from unauthorized digital transfers.

Furthermore, if you suspect you’ve encountered a scam, don't hesitate to reach out to the ScamShield helpline at 1799 for guidance. Remember, staying informed and vigilant is your best defense against falling victim to these grave phishing attempts. Stay cautious and protect yourself from the ever-evolving tactics of online scammers!