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

By Nadine Chua

Internet
Tuesday, 10 Jan 2023
4:21 PM MYT

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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.

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Tags / Keywords: Scam , jail

Topic:

Singapore Banking Internet Cybersecurity Courts Crime

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