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Scammers use forged company letter to trick Singapore petrochemical firm into transferring US$12.8 million

Scammers use forged company letter to trick Singapore petrochemical firm into transferring US$12.8 million
Photo: The Independent Singapore · view original

SINGAPORE: The Singapore Police Force’s (SPF) Cyber Command has recovered US$12.8 million (S$16.35 million) that a Singapore-based petrochemical company lost to a business email compromise scam, working with OCBC and the Cambodian National Police. On October 1, 2026, the company received an email...

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