It would be better if this didn’t happen at all, but I’d rather see headlines like this than some retiree getting scammed out of their life savings.
this post was submitted on 07 Feb 2026
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Last year, a finance officer at a Singaporean multinational paid out nearly $500,000 to scammers during what he believed was a video call with company leadership.
My bet is that that is just his very plausible cover story. He's the one that got the money.
Sadly it's a combination of tech illiteracy and a culture of not questioning your boss.
Similar thing happened to a Hong Kong company. It’s likely these are just tech illiterate people who were unfortunately duped.