Skip to content
Man Loses S$3,800 in Phishing Scam; Tribunal Rules Against Him

Man Loses S$3,800 in Phishing Scam; Tribunal Rules Against Him

First seen 16 Jun 2026, 09:21 UTC • •
API

Article Content

Browse articles
ThreatCluster AI
ThreatCluster •June 17, 2026 at 09:01 UTC
  • •A man lost S$3,800 in a phishing scam after ignoring multiple bank alerts.
  • •The tribunal ruled his inaction constituted gross negligence under credit card terms.
  • •The scam involved tokenization of credit card details for unauthorized transactions.

A Singaporean man lost over S$3,800 in a credit card phishing scam after failing to act on multiple bank alerts. The Small Claims Tribunal found him grossly negligent for ignoring notifications about unauthorized activity on his account. The scam involved scammers obtaining credit card details and using tokenization to make fraudulent purchases through Apple Pay. Despite receiving alerts on June 4, June 6, and June 12, 2024, the man did not take any remedial action. The tribunal dismissed his claim for the remaining losses, emphasizing the need for vigilance. The bank managed to recover only S$355 from the fraudulent transactions, which totaled S$3,811.72. The case highlights the risks associated with sharing sensitive information online and the importance of responding to security alerts.

Start a free Starter trial for enhanced analysis

Ask AI about this cluster

Updated 95d ago How this analysis works

Timeline

2024-06-04
Phishing scam initiated
The victim received an OTP for adding his credit card to Apple Pay, which he ignored. Shortly after, his card was added without his consent.
Channelnewsasia
2024-06-06
Second bank alert sent
The bank sent another alert confirming the addition of the card to Apple Pay, which the victim ignored.
Straitstimes
2024-06-12
Final bank alert sent
A final notification was sent to the victim, advising him to contact the bank if the activity was unauthorized, but he did not respond.
Straitstimes
2024-06-17 to 2024-06-23
Fraudulent transactions executed
Scammers made 22 unauthorized transactions totaling S$3,811.72 using the victim's credit card.
Channelnewsasia
2025-07-01
FIDReC decision issued
The Financial Industry Disputes Resolution Centre ruled against the victim's claim for recovery of losses.
Straitstimes
2025-11-01
SCT claim filed
The victim filed a claim with the Small Claims Tribunal after the FIDReC decision, seeking recovery of losses.
Straitstimes
2026-06-12
Tribunal ruling issued
The Small Claims Tribunal dismissed the man's claim, citing gross negligence for ignoring bank alerts.
Channelnewsasia

More articles in this cluster (4)

Extracted Entities (10)

1 / 3