Scam losses in Singapore have hit alarming levels, with over S$1.1 billion lost last year - a sharp 70.6% increase from the year before.

And one of the fastest-growing threats is investment scams, particularly those tied to cryptocurrency.

These scams are becoming more sophisticated, with fraudsters using social messaging platforms like WhatsApp and Telegram to impersonate financial institutions and promote fake investment opportunities.

What can investors do to protect themselves? What red flags should they look out for and how can they tell if an opportunity is too good to be true?

On The Big Story, Nadiah Koh speaks to Eric Oh, Financial Services Manager, PhillipCapital, to find out.

Scam losses in Singapore have hit alarming levels, with over S$1.1 billion lost last year - a sharp 70.6% increase from the year before.
And one of the fastest-growing threats is investment scams, particularly those tied to cryptocurrency.
These scams are becoming more sophisticated, with fraudsters using social messaging platforms like WhatsApp and Telegram to impersonate financial institutions and promote fake investment opportunities.
What can investors do to protect themselves? What red flags should they look out for and how can they tell if an opportunity is too good to be true?
On The Big Story, Nadiah Koh speaks to Eric Oh, Financial Services Manager, PhillipCapital, to find out.

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.