Money & ATM Scams in Singapore

Gem and Jewellery Investment Fraud in Chinatown

Operators in and around Chinatown and occasionally Little India approach tourists with offers to view or purchase gemstones — typically rubies, sapphires, or jade — framed as investment-grade stones available below market value because the seller is leaving Singapore. The gems are either synthetic, heavily included, or deliberately misgraded, and the accompanying certificates are forged or issued by unaccredited labs. Victims realize the loss only after attempting to resell the stones at home.