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Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Is it true that the Singapore Dollar will be replaced soon?

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We have been alerted to this sponsored post on Facebook posted by a Facebook community called Tea time talks, which headline read: “SGD will be replaced soon says Chinese authorities during press release”.

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Unsurprisingly, the shocking headline quickly got netizens very triggered, who did not hesitate to leave their two cents worth under the said sponsored post.

What is this garbage? Not even a good alternative for toilet paper!

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon? 

Hello, Police?

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon? Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon? Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

 

Eagle-eyed netizens are quick to point out the ‘legitimacy’ of such news.

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Then there are the undiscerning ones who simply accept what is presented as truth, without verifying.

Living an Ah Tiong’s Life

Singapore Dollar

This one gives a dare.

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

It’s the Government’s fault again?!?!

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

PAP somehow gets a mention.

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

None of the commenters seemed to have clicked on the link in the post to read. For if they had bothered to do so, they will realise that it brings them to this website that has absolutely nothing to do with the headline of the post.

Singapore Dollar, Is it true that the Singapore Dollar will be replaced soon?

Clearly, the claims made in the post which alleged that the Chinese authorities said in a press release that the Singapore Dollar will be replaced soon is FALSE.

It is highly possible that this could be an online scam. Online scams are on the rise.

In 2019 alone, more than S$168 million were unwittingly lost to scammers. That’s S$23 million more than the previous year. Scams are constantly evolving to be more sophisticated.

You may call the anti-scam helpline at 1800-722-6688 or go to www.scamalert.sg for scam-related advice. Join the ‘Let’s fight scams’ campaign at www.scamalert.sg/fight by signing up as an advocate to receive up-to-date messages and share them with your family and friends. Together, we can help stop scams and prevent our loved ones from becoming the next victim of scam.

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