Why is the Trusted Contact notified when the appointer makes a withdrawal transaction?
Scammers may deceive victims into withdrawing their CPF savings or attempt to withdraw victims’ CPF savings if they obtain unauthorised access to the victims’ CPF accounts. Therefore, it is crucial for Trusted Contacts to be alerted when such a transaction is made.

Learn more about scammers’ latest tactics, and tips to help your loved ones safeguard themselves against scams.

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