• 5
  • 1
  • Favorite

Singapore orders Meta to implement anti-scam measures or face possible fine

Reuters09-03

Singapore orders Meta to implement anti-scam measures or face possible fine

SINGAPORE, Sept 3 (Reuters) - Singapore police have ordered Meta META.O to implement anti-scam measures against advertisements, accounts, profiles and business pages impersonating key government office holders on its social media network Facebook to combat scams, a government minister said.

The company could be fined up to S$1 million ($775,698) if it fails to comply as part of the first such order under the nation's new Online Criminal Harms Act, which came into force in February 2024.

"We are issuing (the order) to Meta because Facebook is the top platform used by scammers for such impersonation scams, and the police has assessed that more decisive action is required to curb these scams," Minister of State for Home Affairs Goh Pei Ming said in a speech on Wednesday.

Meta did not respond immediately to a request for comment.

In August, Singapore's home affairs ministry found that more than a third of all e-commerce scams reported in 2024 were perpetrated on Facebook. It also rated Facebook Marketplace as the weakest among six e-commerce marketplaces in terms of anti-scam features deployed.

Police statistics released in August showed that scams that involved the impersonation of government officials almost tripled to 1,762 cases in the first half of 2025, from 589 cases in the same period a year ago. A total of S$126.5 million was lost to this type of scam in the same period, up 88% from the S$67.2 million lost a year ago.

The home affairs ministry acknowledged Facebook Marketplace has required "enhanced user verification measures" for select sellers in Singapore since 2024, and that it introduced in-product safety notices, as well as anti-scam notices within its messaging functions to warn users of the risk of e-commerce scams.

Those measures were deployed after earlier criticism by the government over the company's failure to put in place safeguards that protect users from scams.

In February 2024, then-Minister of State for Home Affairs Sun Xueling said that the company had "consistently pushed back" against the ministry's recommendations to implement measures, such as verifying users against government-issued identification or offering secured payment options to combat e-commerce scams on the platform.

(Reporting by Jun Yuan Yong; Editing by Jamie Freed)

((junyuan.yong@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • The one million penalty is too low? 
    Reply
    Report
 
 
 
 

Most Discussed

 
 
 
 
 

7x24