Category: ITRA Singapore

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COSTA DEL CRIME Dozens arrested over ‘timeshare scam that saw 500 Brits conned out of life savings in multi-million pound Costa del Sol racket’

Police say they believe those affected were defrauded out of nearly £15 million

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NEARLY 40 people have been arrested over a multi-million pound Costa del Sol timeshare scam which targeted hundreds.

An estimated 500 people – all Brits – have fallen victim to the scam which operated in and around the Spanish resort of Malaga. read more

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Beware Of This Text Scam That Could Cost You Thousands Of Dollars

There is a new cellphone text scam circulating that could drain your entire bank account with no chance of recovery.

Fraudsters will send text messages to your phone using your bank’s phone number, requesting you call fraud prevention line to confirm your identity. They’ll make you confirm your bank details, which will give them access to all your funds. read more

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This was first posted to The Straits Times in August 2015, It seems that unscrupulous firms are out in force trying to make a quick buck from previous victims of timeshare scams.

The Consumers Association of Singapore (Case) put out an alert on three such companies yesterday. They are: AJ Chartered, Interval Resorts Network and Asian Travel Club (ATC). read more