New charges in alleged Singapore-based Chinese cybercrime ring reveal RM38mil fund inflow, global links


Laptops and cash seized in the simultaneous islandwide raids on Sep 9, 2024. -(Photos: SPF)

SINGAPORE: New charges tendered on Tuesday (Oct 8) against three Chinese nationals in an alleged global cybercrime syndicate based in Singapore reveal a flow of funds of about S$11.6 million (US$8.9 million - RM38 million) into the upkeep of the group and links to South Korea, as reported by media outlet CNA.

Exact details into the workings of the syndicate are sketchy at this early stage of court proceedings.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

China and South Korea sign US$44mil in trade deals after years of friction
Ringgit ends lower against US dollar ahead of US jobs data, tariff ruling
Alleged Indonesian trafficking ring sending babies into Singapore being investigated, says authorities
Why South-East Asia’s online scam industry is so hard to shut down
China’s powerful new microwave weapon system can destroy drone swarms within 3km
Cenergi SEA, Malaysia Airports co-develops solar, battery energy project
China police officer praised for mediating dispute among seven kids as if it were serious case
Iran cut off from world as Supreme Leader warns protesters
Record heat in oceans in 2025 in ninth consecutive year of warming
Singapore Hokkien singer David Chia dies at 73

Others Also Read