Singapore lost $410.6 million to scams in the first half of 2026, down from $500.2 million in the same period last year. The number of reported scam cases also fell by about 14 per cent.

But despite the decline, scammers are still finding ways to trick victims into handing over their money voluntarily, with 8 in 10 scam victims doing so.

So, is Singapore finally turning the tide against scams? What’s driving the decline in scam losses, and how are scammers adapting their tactics?

On The Big Story, Hongbin Jeong speaks with Helena Huang, Associate Research Fellow in the Executive Deputy Chairman’s Office at the S. Rajaratnam School of International Studies (RSIS), NTU, to find out more. 

Singapore lost $410.6 million to scams in the first half of 2026, down from $500.2 million in the same period last year. The number of reported scam cases also fell by about 14 per cent.
But despite the decline, scammers are still finding ways to trick victims into handing over their money voluntarily, with 8 in 10 scam victims doing so.
So, is Singapore finally turning the tide against scams? What&rsquo;s driving the decline in scam losses, and how are scammers adapting their tactics?
On The Big Story, Hongbin Jeong speaks with Helena Huang, Associate Research Fellow in the Executive Deputy Chairman&rsquo;s Office at the S. Rajaratnam School of International Studies (RSIS), NTU, to find out more.&nbsp;

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.