Summary: In 2024, Singapore reported at least 179 e-commerce scams on Shopee, resulting in losses exceeding $399,000. Scammers lured victims through live streams and off-platform transactions, often using messaging apps to facilitate fraudulent sales. Shopee has urged users to transact only within its app to benefit from protective measures like the Shopee Guarantee.
Threat Actor: Scammers | scammers
Victim: Online shoppers | online shoppers
Keypoints :
- 179 cases of e-commerce scams reported in 2024, with losses of at least $399,000.
- Scammers used live streams and off-platform transactions to deceive victims.
- Shopee advises users to conduct all transactions within the app for safety.
Source: https://www.straitstimes.com/singapore/shopee-customers-lost-399000-to-scammers-in-2024