Beware of Scams

Learn to recognise fraudulent schemes and fraudsters. Also learn how to protect yourself against frauds and SCAMS.
Rating: 4.2 out of 5 (98 ratings)
6,635 students
English [Auto]
to warn people about frauds and fraudsters
to help people recognise SCAMS, which can be both online or offline
to know how to protect yourself against SCAMS


  • internet connection
  • basic investing knowledge
  • internet banking experience (optional)


With advancements in technology, there is a spike in fraudulent cases in recent years. Many websites and advertisements have offered various schemes and products that can help get rich within a short period of time with little risk. They may even sound more convincing with impressive testimonials of customers who claimed to have made huge profits but there was never a word mentioned of how many have lost a fortune.

Be cautious as they may simply just too good to be true.

Learn about:

  • Internet Banking Security
  • Avoiding "Get-Rich-Quick" schemes
  • The dangers of dealing with unregulated (by the Monetary Authority of Singapore) persons

Most importantly, don't be the next victim of the latest SCAMS.

Who this course is for:

  • investors
  • general public

Course content

6 sections20 lectures1h 15m total length
  • Avoiding SCAMS Introduction
  • Don't be a victim - Know the Scams
  • MoneySENSE Core Financial Capabilities Framework


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Institute for Financial Literacy
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  The Institute for Financial Literacy is a collaboration between MoneySense and Singapore Polytechnic Enterprise. 

    Our financial education courses cover basic money management, financial planning and investment know-how.