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S'pore woman loses S$10,000 in DBS credit card fraud which allegedly bypassed OTP SMS

posted onJune 21, 2021
by l33tdawg
Mothership
Credit: Mothership

A woman in Singapore has become the victim of alleged credit card fraud.

Facebook user Danica Alena Choo put up a post on June 16 that detailed how seven transactions totalling S$10,150 were made on her supplementary credit card without her knowledge.

In January this year, Choo tried to make an online purchase with her supplementary card, but it was declined. When she called DBS to find out why, she was told that she had exceeded the credit limit. According to the bank, these transactions were made with a OTP (one-time password), meaning that they were secure. Because of this, the bank said that it was unable to refund the money.

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