SINGAPORE – In November 2025, two sales and operations staff from Singapore-based freight forwarding company UEI Logistics received an e-mail that looked entirely routine.It appeared to be from a Chinese shipping agency it had worked with for years. The sender asked for payment of US$18,288 (S$23,200) to be transferred to a different bank account, claiming that the original account was hit with high government transaction taxes.Sensing something was amiss, the staff alerted managing director Terrence Tan. He noticed the sender’s e-mail domain was subtly different. A quick call to the Chinese partner confirmed his suspicions. The e-mail was a scam.He…
