Singapore recovers US$5mil laundered in e-mail scam

The police was alerted by UOB and the United States’ FBI to a suspected case of money laundering.- ST/ANN

SINGAPORE (The Straits Times/ANN):- The Singapore Police Force's Anti-Scam Centre (ASC) has recovered the bulk of US$5 million (S$6.79 million) stolen in an alleged business e-mail scam.

It is the largest single sum the centre has recovered since it was set up in June last year.