Singapore considers caning for serious scams amid record S$1.1 billion losses in 2024.

Singapore is considering caning as a punishment for serious scam-related offenses due to the significant harm and financial losses caused by scams. In 2024, scam losses hit a record S$1.1 billion, a 70% increase from the previous year. The government aims to enhance detection of money mule activities, share more information with banks, and develop tech solutions to combat AI-enabled scams.