Advisory: Beware of Investment Scams Using Snapchat's Brand

makingvideos.app

The Singapore Police Force has observed a trend of investment scams circulating, particularly on the website 'makingvideos.app', which leverages the branding of popular social media platforms like Snapchat. These scams attempt to lure individuals with promises of high returns through fraudulent investment schemes.

Here’s how to recognise this scam:

• Be cautious of unsolicited messages or posts on social media (including platforms like Snapchat) that promote investment opportunities with unusually high returns or pressure you to act quickly.
• Verify any investment opportunity through official company websites or financial institutions. Scammers often direct victims to suspicious external websites or apps (like 'makingvideos.app') instead of official platforms.

If you believe you have fallen victim to such a scam:

• Immediately stop all communication with the scammer.
• Report the incident to your bank to block any transactions or accounts involved.
• Lodge a police report.
• Change relevant online account passwords, especially if you have provided them to the scammers.
• Inform your family and friends about the scam to prevent them from falling victim.

Unsure if something is a scam? Check by calling the 24/7 ScamShield Helpline at 1799.