MAS warns of fraudulent emails impersonating regulator

SINGAPORE (Oct 7): The Monetary Authority of Singapore is warning the public of fraudulent emails purportedly sent from @mas.gov.sg email accounts with subject titles like “Fund Transmittal” and “Singapore Compliance Information”.

The emails ask recipients to click on links or open attachments which contain malware. Members of the public should not respond to the emails, open the email attachments or divulge any personal information including login IDs or passwords, says MAS in its warning.

Some of the emails claim that MAS has received funds from foreign central banks remitted to the email recipients. Recipients are then asked to pay a transaction fee and provide details of their bank accounts to a specified email address.

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