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Singapore Crackdown on Online Scams | Jamaica News
Description
Singapore’s war on online scams just got tougher—with new laws forcing WhatsApp, Telegram, and social media giants to block fake ads, verify advertisers, and tighten login security. Aimed at stopping investment fraud and scam hubs in Southeast Asia, these rules could cost platforms up to $1 million in fines if ignored. With over $2.8 billion lost to scams since 2020, authorities are also rolling out education and even considering jail time for repeat offenders.
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