Three men to be charged for selling bank account details to scammers

The sold bank account details were used to launder at least $370,000 derived from various scams involving at least eight victims. PHOTO: ST FILE

SINGAPORE - After responding to an online post that promised him fast cash in exchange for a bank account, he allegedly gave an unknown person who offered him $900 his ATM card with the personal identification number, the password for his bank account, and a prepaid SIM card.

The 33-year-old will be charged on Friday with assisting another person to control the benefits of criminal conduct.

He is among three men who will be charged for allegedly selling their bank account details that ended up being used to launder at least $370,000 derived from various scams involving at least eight victims, said the police in a release on Thursday.

Another of them, a 22-year-old, had allegedly responded to a Facebook post in November last year promising fast cash if he agreed to rent out his bank account.

He was contacted by an unknown person who offered him RM1,600 (S$498) a month in return for his bank account.

The man allegedly provided the person the Internet banking login username, password and one-time password of his bank account.

He will be charged with abetting unknown persons to gain unauthorised access to the bank's computer system.

A 19-year-old also faces a similar charge.

He had allegedly made a deal with an unknown person over Telegram to open bank accounts and hand over control of them in return for money.

He also faces a cheating charge, after allegedly conning banks into opening two accounts and subsequently handing over the Internet banking login username, password and one-time password of both accounts to the unknown person.

The police said it takes a serious stance against any person who may be involved in scams and perpetrators will be dealt with in accordance with the law.

Said the police: "To avoid being an accomplice in these crimes, members of the public should always reject seemingly attractive money-making opportunities promising fast and easy payouts for the use of their bank accounts, or for allowing their personal accounts to be used to receive and transfer money for others.

"Remember that you will be held accountable if these are linked to crimes."

The offence of unauthorised access to computer material carries a jail term of up to two years, a fine of up to $5,000 or both. Repeat offenders can get jailed for up to three years, fined up to $10,000 or both.

Those convicted of assisting another to control benefits of criminal conduct can be jailed for up to 10 years, fined up to $500,000 or both.

Those convicted of cheating can be jailed for up to three years, fined or both.

Join ST's Telegram channel and get the latest breaking news delivered to you.