An elderly man downloaded an app in hopes of improving his laggy computer's performance - but ended up losing $40,000. The scam wiped out half of 71-year-old Mr Chen's retirement funds, forcing him to return to the workforce to earn a living, reported Shin Min Daily News. Mr Chen, who retired three years ago, said he received a call from...
An elderly man downloaded an app in hopes of improving his laggy computer's performance - but ended up losing $40,000.
He also acknowledged that he would have incurred even greater losses if the bank had not been vigilant and frozen his account in time. Sensing that something was still amiss, Mr Chen checked another two bank accounts that he had in his name. He realised that the S$8,000 in one account had been stolen after 27 transfers.Mr Chen then recalled how he had came across a pop-up advertisement to clean up and optimise his computer on Jan 13. As his computer was running slowly, he downloaded the app.The police suspected that his credit card details might have been stolen during this time, said Mr Chen.
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