#Financialfraud

A sobering new regional study shows Singaporean scam victims incur the highest average losses per person in Southeast Asia, at about US$2,132, with Malaysia in second place. The figures underscore a widening financial toll from an escalating wave of digital fraud as more people move money online, shop on social platforms, and engage with unfamiliar investment offers. For Thai readers, the findings carry immediate relevance: scams do not stay within national borders, and the methods that work in one country often migrate across the region, targeting households across income levels and ages.