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Compensation For Scam Victims And Why It Matters

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The opposition has called on Putrajaya to set up a procedure to compensate victims of scammers, and to look to a bank in Singapore that gave out goodwill payments to customers who had fallen prey to a phishing scam. We talk about what fair compensation could look like, where the onus lies and how else financial systems can be strengthened to combat online scams.

wisely, Shutterstock

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