Nine months’ jail for man in SG who sold his bank account, which was later used in scams


Zhang was on Jan 10 sentenced to nine months’ jail after pleading guilty to one charge under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act. — Image by rawpixel.com on Freepik

SINGAPORE: Despite knowing that selling bank accounts is illegal in Singapore, a man sold his account, which was later used to receive more than S$138,000 (RM453,408) from scam victims.

Chinese national Zhang Demin, 33, was on Jan 10 sentenced to nine months’ jail after pleading guilty to one charge under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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

Next In Tech News

Facebook 'supreme court' admits 'frustrations' in five years of work
Russia restricts FaceTime, its latest step in controlling online communications
Studies: AI chatbots can influence voters
LG Elec says Microsoft and LG affiliates pursuing cooperation on data centres
Apple appoints Meta's Newstead as general counsel amid executive changes
AI's rise stirs excitement, sparks job worries
Australia's NEXTDC inks MoU with OpenAI to develop AI infrastructure in Sydney, shares jump
SentinelOne forecasts quarterly revenue below estimates, CFO to step down
Hewlett Packard forecasts weak quarterly revenue, shares fall
Microsoft to lift productivity suite prices for businesses, governments

Others Also Read