240 people being investigated for suspected links to scams involving $11.3m
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The 156 men and 84 women, aged 16 to 75, were nabbed during a two-week police operation from Jan 24 to Feb 6.
ST PHOTO: LIM YAOHUI
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SINGAPORE – The police are investigating 240 people for suspected involvement in scams that have led to victims losing more than $11.3 million.
The 156 men and 84 women, aged 16 to 75, were nabbed during a two-week police operation from Jan 24 to Feb 6.
They are believed to be involved in more than 900 cases, including impersonation, investment, jobs and e-commerce scams.
They are being investigated for alleged cheating, money laundering or providing payment services without a licence, said the police in a Feb 7 statement.
Warning members of the public to avoid being accomplices to criminal activities, the police said people “should always reject requests by others to use your bank account or mobile lines as you will be held accountable for their misuse”.
Those found guilty of cheating may face a jail term of up to 10 years and a fine.
People found guilty of money laundering may be jailed for up to 10 years, fined up to $500,000, or both.
Those found guilty of providing payment services without a licence may be jailed for up to three years, fined $125,000, or both.
