Woman Says 7 Unauthorised Transactions Made On Her Credit Card, But She Didn’t Receive OTPs

Woman Claims Bank Can’t Refund The Charges As OTP Was Used

As e-commerce takes over our shopping habits, using a credit card to buy anything online usually involves various security measures.

One of these measures is a One-Time Password (OTP) that’s sent to your phone, to make sure it’s really you making the transaction.

However, a Singapore woman has claimed that somebody made 7 transactions on her credit card, amounting to massive $10,150, without her authorisation.

Photo for illustration purposes only.

Strangely enough, the alleged scammer managed to bypass the OTP security, she said.

The incredible incident was told by a Ms Danica Alena Choo in a long post on Facebook made on Wednesday (16 Jun).

Check out the full post here, or you can read on for our summary.

Credit card exceeded credit limit

It all started in Jan, when Ms Choo making an online purchase with her supplementary credit card.

The transaction couldn’t go though, but she thought it was just a glitch.

A few days later, she tried using the card again but it was declined.

Photo for illustration purposes only.

This time, she said she called DBS Bank and it was only then that they told her she’d exceeded her credit limit.

7 transactions made of about $1,400 each

Baffled, she was informed that 7 transactions of about $1,400 each were charged to her card consecutively.

They amounted to a sum of $10,150 – no wonder her credit limit was reached.

She said she didn’t carry out these transactions and asked them to investigate.

OTP allegedly not received

When people make online transactions, the bank usually sends them an OTP via SMS so  they can authorise it.

But even more strangely, Ms Choo said she didn’t get anything – not for any of the 7 transactions.


She also said that the bank suggested that she could have keyed in the OTP by mistake.

However, it’s unlikely that she could’ve made the same mistake 7 times, she pointed out.

The bank then advised her to make a police report, which would help in their request for a refund.

Transactions allegedly wired to Malaysian company

Ms Choo said she made a police report, despite the stress of being pregnant.

From that, she found out that the 7 transactions were made via Wise, a website formerly named TransferWise that enables overseas money transfers.

It was also revealed that the money was allegedly wired to a Malaysian company, and processed in ringgit.


10 transactions in total allegedly made, only 7 went through

However, Wise couldn’t do anything except suspend the account that made them, which they’d already did.

That was because DBS had allegedly informed them of possible fraud.

In fact, Ms Choo said Wise told her that a total of 10 transactions were made, but just 7 went through.

DBS started to reject the 8th transaction onwards and informed Wise of the possible fraud, she added.

Wise account allegedly created via identity theft

The police then interviewed the holder of the Wise account but came to another dead end – that person was said to be innocent.

The account was created using that person’s personal details, in a case of identity theft, Ms Choo said.

As all the leads were exhausted, the police had to conclude the case, she added.

Screenshoot of apparent conversation between OP and the police.

Unfortunately, that means she’s still liable to repay the bank.

Woman claims bank was unwilling to waive interest

Ms Choo has said the bank can’t refund the money as the transactions were made with a secure OTP.

She also claimed that the bank was unwilling to waive the monthly interest while the case was under police investigation.

After her child was born, her husband had to see MP Gan Kim Yong, who sent an email to the Monetary Authority Of Singapore (MAS) and DBS, she said.

The following day, DBS told them that the interest would be waived, she said.

Woman insists she didn’t get any OTPs

Finally, Ms Choo brought the case before the Financial Industry Disputes Resolution Centre (FIDRec), an independent and impartial body.

The bank allegedly argued that the transactions could’ve gone through only via OTPs. SMS alerts were also sent to her mobile number after each transaction was completed.

However, she insists she didn’t get any OTP or SMS alert about them.

Photo for illustration purposes only.

The bank also allegedly said that they’ve never encountered a case of OTP bypassing.

She even went to StarHub, who allegedly told her they only track calls and outgoing text messages.

To check whether people have received SMSes, the police have to ask StarHub for the data.

However, as she said earlier, the police concluded the case without a favourable outcome.

Here’s Ms Choo’s entire post so you can read her entire story in her own words:


An unusual case

Ms Choo seems to be near the end of her rope, as she says she’s still liable for the money.

But she claims she didn’t make the transactions and didn’t receive the OTPs at all.

On the other hand, the bank allegedly said that OTPs are secure and the transactions wouldn’t have gone through without her authorisation.

It’s indeed unusual that a possible scammer can allegedly bypass the secure OTP and make unauthorised transactions. If that can happen, many will fear for the security of their accounts.

What do you believe happened in this case? MS News has reached out to DBS for a response, and will update the story when we get one.

Have news you must share? Get in touch with us via email at news@mustsharenews.com.

Featured image adapted from Pickawood @ Unsplash and is for illustration purposes only.

The post Woman Says 7 Unauthorised Transactions Made On Her Credit Card, But She Didn’t Receive OTPs appeared first on Must Share News – Independent News For Singaporeans.