Is American Income Life Insurance A Scam

Is American Income Life Insurance A Scam – To report scams or phishing attempts, chat with a user or call 1800 356 8300 Monday to Friday 8am to 5pm (excluding public holidays). Alternatively, you can call the police hotline at 1800 255 0000 or submit a report at www.police.gov.sg/iwitness.

Dealing with fraud is a community effort and the government’s efforts alone are not enough. People should be vigilant and protect themselves, their family and friends. Businesses and organizations must also play their part by educating their customers and seeking to work with the government to implement upstream security measures. Learn about the latest scam updates at scamalert.sg. For fraud advice call the Anti-Scam Helpline: 1800-772 6688.

Is American Income Life Insurance A Scam

Is American Income Life Insurance A Scam

We have been alerted to a scam where victims receive an email containing a letter purporting to instruct the recipient to pay income tax on their investment profits.

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The scam letter claims that cryptocurrency investors must pay taxes under the latest “Cryptocurrency Investment Act” to deceive the recipient that income tax is due. The recipient is then required to make the payment by December 31, 2022, otherwise a late fee of 8% of the total tax will be imposed.

Advises that this authority does not receive reports on private investments from taxpayers. Taxpayers must submit their tax returns to mytax. Use SingPass login. Letters and notices are deposited in the secure tax portal at mytax. And taxpayers can log into the portal to retrieve them.

The public is advised to ignore these emails and not provide personal, credit card or bank account information, make payments to a third party bank account or follow the sender’s instructions. People affected by this scam are advised to file a police report.

We are concerned about a scam email purportedly sent by ‘MOH Singapore’ with an email titled ‘Notice of Tax Refund’ promising the recipient an income tax refund by clicking on the ‘Tax Refund Procedure’ button.

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The public is advised to ignore the email and not click on the link, or submit personal, credit card or bank account information. Those affected by the scam are advised to file a police report.

Do not click on malicious links or download malware attachments in fake email as they may contain malicious content or malware.

We were alerted by a fake Singpost website that displayed a fake logo. This website lures users with the promise of cashback that will be sent to their bank account if they click [Accept].

Is American Income Life Insurance A Scam

We are alarmed by the resurgence of phishing emails pretending to be. Under the guise of offering a “tax refund,” the emails trick taxpayers into providing their credit card details.

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People are advised to be alert to impersonating phishing scam text messages. The fraudulent text message directs taxpayers to click on a link to provide information because of “unreported income and tax evasion.”

We’ve been alerted to a revival of a scam where victims receive a letter, purportedly from an agent, instructing the recipient to pay income tax on their investment gains to ensure the “safety of their funds”.

This fraudulent letter claimed to receive a report of the recipient’s investment income subject to 30% income tax. The letter also cites the “e-Tax Guide on the Income Tax Treatment of Digital Tokens” to mislead the recipient that income tax is due on the interest before the refund. The recipient is then asked to make payment within 3 days or face enforcement/legal action if payment is not made.

We have received reports of fake text messages purporting to be from banks or banks using fake sender IDs. Text messages attempt to trick recipients into clicking on links that lead to phishing websites.

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The public is advised to delete scam text messages and not click on phishing links. If you have been affected by an SMS scam, please file a police report

Send SMS about tax matters only with Sender ID “”. To prevent impersonation by fraudsters, we are registered with the Singapore SMS Sender ID Registry (SSIR). This allows SSIR to detect and block spoofed messages in advance. Only SMS sent with sender ID “”.

Singapore’s police and Inland Revenue (Singapore) have seen a sudden increase in phishing scams, where fraudsters impersonate victims via text messages. As of July 2022, there have been at least 51 victims with total losses of at least $37,400.

Is American Income Life Insurance A Scam

As authorities move quickly to crack down on phishing websites, user vigilance is critical in our fight against evolving scams. The police advise the public to be alert and take the following crime prevention measures:

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If you have information about such crimes, please call the police hotline at 1800-255-0000, or submit it online at www.police.gov.sg/iwitness. If you need immediate police assistance, please dial ‘999’.

For more information on scams, the public can visit www.scamalert.sg or call the anti-scam hotline at 1800-722-6688. Join Signs. Stop the crime campaign by registering as an advocate to receive current messages and share them with your family and friends at www.scamalert.sg/fight. Together we can help prevent fraud and prevent our loved ones from becoming the next victim.

[19. July 2022] We continue to receive reports of another fake SMS claiming to be from banks. The SMS claims that the account closure was requested due to “a tax return” that entices taxpayers to click on a phishing link for a “tax audit”. The general public is advised to delete the SMS and not click on the phishing link. [13. July 2022] The general public is advised to be alert to impersonating websites and fake text messages. Fake websites and text messages (which lead to phishing websites) try to ask for personal information (including Singpass login details, credit card and bank account information).

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Fake websites mislead taxpayers that an audit of their tax affairs is required. He claims that if the taxpayers do not comply with the audit, they will be dealt with without prior notice.

Sample screenshots of the fake website (requesting Singpass login details) and SMS (leading to phishing pages requesting Singpass login details) are provided for reference:

For tax purposes, taxpayers must transact through the MyTax portal (mytax.) by logging in with Singpass. An image from the official myTax portal is provided for reference:

Is American Income Life Insurance A Scam

Community members affected by the scam are advised to file a police report.

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We were alerted to a fraudulent letter, apparently from, instructing the recipient to pay income tax on their investment profits to ensure the “safety of their funds”.

This fraudulent letter claimed to receive a report of the recipient’s investment profit subject to a 17% tax. The letter also cites the “e-Tax Guide on the Income Tax Treatment of Digital Tokens” to mislead the recipient that income tax is due on the interest before the refund. The recipient is then directed to make payment within 4 days or face enforcement/legal action if payment is not made.

I would like to recommend that he does not contact through messaging apps such as WhatsApp, Telegram or Viber. The public is advised to ignore such calls and not provide personal or bank account details, make payments to a third party’s bank account or follow the caller’s instructions.

If you receive a scam call on a messaging app, report it and block it. This ensures that the app deletes the account and helps prevent scammers from using the number to make further calls to potential victims. For scam phone calls, block the number immediately.

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If you suspect you have responded to a phishing scam with personal or financial information, you are advised to:

Cases of fraud have been brought to our attention involving fraudsters posing as officers by contacting taxpayers or sending fake emails to request their personal information.

There are taxpayers who have received calls from scammers posing as officers claiming they are entitled to a tax refund. The fraudsters then asked for the taxpayer’s bank account details and OTP to facilitate the supposed “refund”. Then unauthorized transactions were made by fraudsters.

Is American Income Life Insurance A Scam

People are also advised to be alert if they receive a scam email informing them that they have paid more tax and will receive a refund if they provide their personal information with an attached form.

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The scam email, which spoofed the @ domain and signed with the email signature, lures users for bank account information and other personal information (work permit number, address, contact email) via a “Tax Act Request Form.” ” in email.

Never discloses the taxpayer’s tax amount in unverified emails. We also do not ask for your confidential information or credit card/bank account details via email or phone.

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