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SINGAPORE – More than 250 people are under investigation as suspected scammers or money mules following a two-week police operation.
Those investigated were 177 men and 91 women, between 15 and 73 years old.
In a statement on Saturday (Nov. 7), police said the victims allegedly lost more than $ 3 million to the suspects, believed to be involved in 542 cases, mainly comprising loans, e-commerce and love-for-money scams Internet.
Police said the island-wide operation was carried out between October 24 and November 6 by agents from the Department of Commercial Affairs and the seven police ground divisions.
Anyone convicted of cheating under section 420 of the Penal Code can be imprisoned for up to 10 years and fined.
[[nid:23936]]Those convicted of money laundering under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act can be imprisoned for up to 10 years and fined up to $ 500,000.
The police have reminded the public that they can avoid being complicit in crimes by always rejecting requests to use their bank account or mobile lines, otherwise they will be held liable if linked to illegal transactions.
For more information on scams, members of the public can visit this website or call the Scam Hotline at 1 800-722-6688.
Anyone with information on these types of scams can call the Police hotline at 1800-255-0000 or submit information online here.
This article was first published in The times of the strait. Permission is required for reproduction.
