What is confirmed
According to reporting on 19 September, scammers impersonated a healthcare company's chairman and managing director and requested S$120,000.
The finance officer discovered the deception after speaking to the real director; physical signatures prevented the payment.
What it means
A familiar-looking account or chat group does not by itself verify its participants.
The urgency was designed to bypass normal checks.
What to do
Confirm every transfer request through a separate known channel, even if it appears to come from an executive.
Keep dual approval for payments and changes to bank details.
Use the related SecurCheck tool, then confirm important decisions with an official source.


