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Scam victims in Singapore lost a total of ~$858M last year, up 70% YoY; most are contacted via Meta-owned apps, and deepfakes in scams are increasingly common (Owen Walker/Financial Times)

Owen Walker / Financial Times:
Scam victims in Singapore lost a total of ~$858M last year, up 70% YoY; most are contacted via Meta-owned apps, and deepfakes in scams are increasingly common  —  City-state residents who spend a lot of time online and are naturally compliant with authority are especially vulnerable



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