Media Releases
Published Date: 20 September 2018

Update: Second Fraudulent Website Soliciting Bitcoin Investments

Singapore, 19 Sep 2018… It has come to the attention of the Monetary Authority of Singapore (MAS) that another fraudulent website has been similarly soliciting investments in Bitcoins, using fabricated comments attributed to MAS Chairman and Deputy Prime Minister, Tharman Shanmugaratnam. 

MAS reminds members of the public to exercise extreme caution when dealing with such websites, and avoid providing any financial or personal information on the forms linked from the websites. Cases of fraudulent investments and other forms of unlawful activities should be referred to the Police.

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