SINGAPORE - An alleged scammer claimed to have a contract with the Housing Board (HDB) and deceived two people into investing $26,000.
In a release on Thursday night (Aug 4), the police said that it received reports in December last year about the 28-year-old man, who is believed to have presented a contract purportedly awarded by HDB to install smart home system cameras for 500,000 households.
When the victims checked with HDB, they were told that no such contract existed.
Investigations identified the suspect and found that he received $26,000 from two victims.
If convicted of cheating, he could be jailed up to 10 years and fined.
In the release, the police advised people to be cautious and verify the authenticity of such contracts before making investments.