The Singapore Police Force said on 20 December that more than 300 people have become victims of phishing scams involving delivery companies.
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At least 341 victims have fallen prey to the scams with a minimum of $759,000 being lost.
The victims usually receive messages from the scammers pretending to be from companies such as SingPost and claim that there were outstanding payments to be made prior to delivery.
A URL link is then sent to the victims for payment where the victims were asked to provide their card details and OTP.
The victims then realised that they were scammed after discovering unauthorized transactions on their cards.
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The police urged members of the public not to click on the URLs given to them in unsolicited messages and emails.