Original article

Fraudsters target Singaporeans using local brands and 'freebies' in Rabbit Hole scheme

May 29, 2020 | 🚀 Fathership
SINGAPORE - Using the names of local brands and celebrities, scammers are targeting Singaporeans in an elaborate scheme to steal their personal data.

The list of local brands and personalities exploited in the scheme includes SingPost, Singtel, businessman Adam Khoo, singer JJ Lin, and actor-host Bryan Wong.

It is dubbed the Rabbit Hole fraud, and Mr Ilia Rozhnov, the head of brand protection and anti-piracy at Group-IB in the Asia-Pacific region, said it is a complex scheme.

Mr Rozhnov said the fraudsters chose known and trusted companies and brands.

"We have seen more than 10 Singaporean brands actively exploited by the fraudsters in the Rabbit Hole scheme."