Woman charged for receiving more than S$214,000 through illegal remittance scheme via WeChat

The transactions allegedly arose from posts in a WeChat group advertising remittance services that promise good exchange rates. - Reuters

SINGAPORE (The Straits Times/Asia News Network): From April to December last year, a 47-year-old woman allegedly ran an illegal remittance scheme via WeChat, through which she received more than S$214,000 from four people in Singapore.

Li Fengli was charged on April 5 for allegedly carrying on a business of providing unlicensed cross-border money transfer services and for fraudulently using as genuine forged electronic records, the police said on Tuesday (April 11).