Man in S’pore allegedly collected scam monies for woman he met on dating platform, helped convert it to crypto

The funds were converted to cryptocurrency before being transferred to overseas digital wallets. — Reuters

SINGAPORE: A man who allegedly collected money from scam victims before moving the funds to cryptocurrency wallets overseas was charged on Jan 11.

Tay Beng Kok, 47, who is also known as Zheng Minge, was charged with two counts of possessing monies which were benefits from criminal conduct, and one count of providing illegal payment services.