Reported economic crime hits record high in Singapore

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Reported economic crime hits record high in Singapore

More than one in three organisations in Singapore (35%) reported suffering fraud in the last two years, up from 22% in 2016. Of those who suffered fraud, 32% estimate losses linked to the most disruptive fraud at US$1m or above.
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Siew Ling Ong

Siew Ling Ong

Press contact Manager, Brand and Communications
Candy Li

Candy Li

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Verlynn Heng

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Reported economic crime hits record high in Singapore

Reported economic crime hits record high in Singapore

More than one in three organisations in Singapore (35%) reported suffering fraud in the last two years, up from 22% in 2016. Of those who suffered fraud, 32% estimate losses linked to the most disruptive fraud at US$1m or above.

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