Singapore investigates 231 people over scams that caused $3.2m in losses
Singapore police are investigating 231 people suspected of acting as scammers or money mules in more than 721 fraud cases that caused about S$4.1 million (US$3.2 million) in losses, authorities said Thursday.
The 149 men and 82 women, aged between 15 and 76, were identified during a two-week operation by the Cyber Command and seven police divisions. The cases involve e-commerce, phishing, job and investment scams, as well as government official impersonation and fake lucky draws.
Police are investigating the suspects for alleged cheating, money laundering or providing payment services without a license. Cheating and money laundering offenses can each carry prison terms of up to 10 years. Some scammers and people who recruit others for scam syndicates may also face mandatory caning of between six and 24 strokes.
Money mules who help move criminal proceeds or provide SIM cards or Singpass credentials can face discretionary caning of up to 12 strokes. Police said suspected mules may also have their banking services and mobile subscriptions restricted under Singapore’s Facility Restriction Framework.
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