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LOST $100,000 IN THE OCBC PHISHING SCAM | What You Need To Know To Prevent Losing All Your Money!

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URGENT: 469 people fell victim to the recent phishing scam and lost in total $8.5m!
This relates to recent news on ocbc bank customers who received phishing sms and gave away their bank account user and password.
Today you’d hear findings and recommendations.

0:00 Introduction of this recent series of complaints by OCBC bank customers

0:30 Young couple who lost $120,000
They took 5years to build up this savings.
Is it time to reconsider how much we keep in bank accounts?

1:04 Mother of seven lost $100,000
She assessed a shortened link that sent her to a phishing website.
Findings from captain sinkie research into the hack.

2:37 OCBC scam victim couple
Lost all their life savings to 5 overseas transactions

3:17 OTP and 2FA issues
Can sms be hacked? OTP can be diverted away.

4:36 Illustrating scam or impersonating websites
Four advertisements impersonating the original

6:28 Reading URLs

8:18 Petition to “Stop SMS Phishing Scams in Singapore By Requiring Pre-Registration for SMS senderId”

9:13 Bonus point

Article by captain sinkie:

#ocbcscam #phishingscam #ocbcsmsscam

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We do not make any recommendations on whether a security is a buy/sell as every investor has different investment goals and risk profiles. The presentation of ideas from Josh Tan and TheAstuteParent are strictly for education purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses directly or indirectly from the material. Some of the referral links in the video summary are products and services personally used by Josh Tan and they may pay an affiliate commission or referral bonus.
It is not an endorsement of the product unless explicitly stated and we will not be liable for any losses. The content in this video and any promotions mentioned is accurate as of the posting date.


About Josh Tan:
Josh holds a degree in Accounting from NTU. In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips.

As a ChFC Charterholder, Josh has agreed to be bounded by the ChFC®/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video.

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Mila doesn’t only cover Blockchain and crypto, but she does focus the bulk of her writing efforts on this emerging technology and how it is impacting not just US markets, but global markets too. From the British Virgin Islands to China, her reporting leaves no global crypto stone unturned. Her tenacity and candid opinions on the impacts of crypto and Blockchain have made her a leading voice in the industry and a top source of truth to the curious masses.

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