Public statement on Fraudulent Letters and Emails Misusing MAS' name

  

MAS has learnt of isolated cases of letters and emails containing MAS' name, logo and letterhead being sent to consumers. These letters and emails typically ask the recipients for personal information or to transfer funds to a particular party or account.

2   MAS does not send unsolicited letters or emails asking for confidential information or for funds to be transfered electronically.

3   The public should be suspicious of unsolicited letters or emails offering deals that seem to be too good to be true, appear to come from well-known institutions, request for confidential information, and/or give instructions to transfer funds to a third party or account. Such mails are typically scams intended to defraud.

4   For tips on how to protect yourself from such fraudulent activities, please refer to the following MoneySENSE guides: "Received an offer for a windfall? Beware of scams!" and "Protect Yourself Against Bogus Investment Opportunities".

5   If you receive unsolicited letters or emails purportedly from MAS requesting for your personal information or offering to transfer funds into your bank account, you should report them to MAS.  You can contact us at:

Monetary Authority of Singapore
Communications Division
External Department
10 Shenton Way
MAS Building
Singapore 079117
Tel: (65) 1800 2258128
Fax: (65) 6227 0705
Email: webmaster@mas.gov.sg

27 May 2010

Last Modified on 26/11/2016