Singapore has enacted a sweeping new anti-scam law allowing police to intervene directly in individuals’ bank accounts to prevent suspected fraud, a move that underscores the city-state’s intensifying response to surging scam activity.
Under the Protection from Scams Act, which came into force Tuesday, law enforcement officers are authorized to instruct financial institutions to freeze bank accounts and restrict transactions if they believe a customer is being targeted by fraudsters—even if the customer does not acknowledge the scam.
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