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SINGAPORE: SkillsFuture Singapore (SSG) has changed its systems and processes to better detect alleged fraudulent claims, the statutory board said in a press release on Thursday (November 29th).
This follows the recommendations of an inter-agency working group set up last year to review processes, after millions of dollars of SSG's fraudulent applications for SkillsFuture were paid.
READ: The first member of the union of 5 people jailed for more than 40 million dollars
The measures implemented by SSG include the creation of a dedicated division to monitor and detect suspicious claims, investigate the parties involved and take the necessary enforcement actions.
He has also worked with GovTech and other private sector consultants to integrate data analysis into their fraud detection system.
"With the help of historical claims models, machine learning algorithms have been developed and integrated to detect anomalies in claims and highlight claims requiring further investigation," said SSG. .
"Through an iterative process, confirmed fraudulent requests are reintegrated into the algorithms to enhance the ability and speed of the system to detect future fraudulent requests."
GSU added that after detecting potential fraud cases, it would conduct investigations or site visits, and would also take steps to immediately suspend the disbursement of funds during the investigations.
As part of the national SkillsFuture movement announced in 2015, Singaporeans aged 25 and over receive a $ 500 government Singapore credit to take courses from accredited training providers. The system is supervised by SSG.
Earlier this week, the first member of a five-person union that defrauded an SGS of nearly 40 million Singapore dollars was sentenced to more than five years in prison.
Lee Chi Wai, 32, helped hide $ 6.7 million worth of cash and 11 kg of gold from his home.
"As fraudsters design increasingly sophisticated scams, our fraud risk management system is evolving to better protect the funds allocated to developing the skills of our workforce," said Ng Cher Pong, General Manager of SSG.
"More specifically, we are making better use of technology and data to improve our capabilities, and combined with a strict law enforcement policy, these measures will be a powerful deterrent against potential abuse," she said. he added.
"We will not tolerate individuals and companies who abuse this system, and they will be severely treated."
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