Senior manager lost $1 million in 'inheritance money' scam

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SINGAPORE – It seemed too good a deal to let slide.

Just agree to add his name to an inheritance policy, and stand to inherit more than US$9 million (S$12.4 million).

Steve (not his real name) could not believe his luck when the offer was made to him in June this year by a United Kingdom-based “solicitor” who faxed him a letter asking for his cooperation.

There seemed to be little to lose in this “risk-free” venture so he went along with it, said Steve, a senior manager in his 50s.

Little did he expect to lose around US$1 million in the two months the “solicitor” led him on in futile attempts to get the inheritance.

Steve’s case involved the highest amount cheated from a victim of an inheritance scam since 2018, the police said. In the first half of this year, 14 cases reported to the police involved false inheritance schemes.

Speaking to the media on Tuesday (Sept 17), in an interview the police arranged to highlight the prevalence of scams, Steve said he spoke to the “solicitor” almost daily, over the phone and via e-mail.

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