These are some of the most popular ways Singaporeans get scammed of their money

It’s 2018 and people are still falling for scams.

Rachel Ng | Sponsored | January 15, 2018, 02:45 PM

If there’s one thing everyone hates, it’s losing money. Because money is precious. And you need money to survive.

Also, you’d be surprised at just how many Singaporeans lose money because of incidents that can be avoided with due diligence and caution.

For example, in the style of every Channel 8 drama, a stranger calls you and says they have kidnapped your mother/father/girlfriend/boyfriend/sister/brother. They want you to pay a ransom of $50,000. Obviously, call your loved one first before paying up. They might just be eating chips and watching TV at home. *shrugs*

Or, if you’re looking to buy the new iPhone X and you see it on Carousell going at 80% cheaper than the usual price. Your cheapskate-alert eyes dart to the profile of the seller, and they are a new user with no display picture. It is listed from Yishun.

Maybe you should get it from a physical shop that provides a receipt and warranty, even though it’s only at a 20% discount. Because safety.

So if you ever find yourself in a situation where your money could be unwillingly taken from you, remember this: Don't Panic, Don't Believe, Don't Give.

This sponsored post is in collaboration with the National Crime Prevention Council who really wants you to keep your hard-earned money.