Woman in SG transfers S$1mil after being promised profits of S$300mil in alleged scam

Preliminary investigations revealed that the man had instructed the woman to make the multiple transfers totalling about S$1mil to several overseas bank accounts. — The Straits Times/ANN

SINGAPORE: A woman made transfers totalling about S$1mil (RM3.26mil) to multiple overseas bank accounts after being told she could earn S$300mil (RM980.86mil).

The 65-year-old had been introduced to an overseas property investment scheme by a relative living overseas, the police said on Dec 22.