On March 17th, the Prime Minister of Singapore, Lee Hsien Loong, warned the residents of Singapore to be wary of a cryptocurrency scam masquerading as him. In what appears to be the first ever reported case of deepfake crypto scam in the country, an email with Lee’s face on it promotes a cryptocurrency investment scheme to unsuspecting recipients. The email, which falsely claims to be sent from the Prime Minister’s Office, promised high returns from a cryptocurrency investment. The Prime Minister has since taken to his official Facebook page to make a public service announcement warning Singaporeans to stay away from the scam. He further urged citizens to be vigilant against such scams and to report any suspicious activities to the authorities.
Disclaimer: InformedAmericanToday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.