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flag Woman loses $67,500 to WeChat impersonation scam, thinking she bought accidental insurance.

flag A woman in Singapore lost nearly $67,500 after falling for a scam where a fraudster impersonated a WeChat employee, convincing her she had accidentally purchased insurance and needed to transfer funds to cancel it. flag The victim, a telecommunications manager, took out loans to cover the supposed cancellation costs before realizing she had been scammed. flag This incident is one of many reported impersonation scams involving Chinese firms, totaling at least $27.9 million in losses in 2024.

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