SG cops investigate 362 people for allegedly cheating victims of over RM35.63mil


The 362 are believed to be involved in more than 1,050 scam cases. — Computer programmer photo created by rawpixel.com - www.freepik.com

SINGAPORE: A total of 362 people are being investigated for their alleged involvement as scammers or money mules in scams which led to victims losing more than S$11.1mil (RM35.63mil), the police said on Friday (Aug 5).

Comprising 249 men and 113 women, the 362 are believed to be involved in more than 1,050 scams, including Internet love, government and China officials impersonation and ecommerce cases.

ALSO READ: SG cops warn of new phishing scam involving email about purported traffic offence

The youngest of those being investigated is 16 while the oldest is 82.

The police’s Commercial Affairs Department and seven land divisions conducted a two-week islandwide operation between July 22 and Aug 4.

ALSO READ: Teen in SG paid S$350,000 to scammers who duped his parents into thinking he was kidnapped; man arrested

“The suspects are being investigated for the alleged offences of cheating, money laundering or providing payment services without a licence,” said the police.

Cheating carries an imprisonment term of up to 10 years and a fine, while money laundering carries a jail term not exceeding 10 years, a fine of up to S$500,000 (RM1.61mil), or both.

Those found guilty of providing payment services without a licence face a maximum fine of S$125,000 (RM404,911), a jail term of up to three years, or both.

To avoid being an accomplice to crimes, the public should “always reject requests by others to use your bank account or mobile lines as you will be held accountable if these are linked to crimes”, the police said.

Last year, victims of all types of scams here lost at least S$633mil (RM2.05bil) – more than twice the S$268.4mil (RM869.42mil) lost in 2020.

Last week, the police said 93 victims lost at least S$56.2mil (RM182.04mil) to business email scams in the first three months of this year. – The Straits Times (Singapore)/Asia News Network

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Scam

   

Next In Tech News

Musk's move to close Twitter deal leaves Tesla investors worried
Italy's De Nora teams up with GES on hydrogen battery project
Elon Musk, Twitter have yet to reach deal to end court battle -sources
As EV sales grow, battle over U.S. road weight limits heats up
Spotify acquires firm that detects harmful content
Lawmakers press U.S. Commerce for tougher checks on semiconductor chip subsidies
MENA emerges as world's fastest-growing crypto adopter -study
Dad of two dies after GPS directs him to washed-away bridge, North Carolina family says
Video game maker CD Projekt rises after strategy update, share buyback
Apple will be forced to use new charger after EU votes for USB-C

Others Also Read