It is reported that the Singapore Police Force are still investigating 261 people for their suspected involvement as scammers or money mules in more than 500 scam cases. The victims in those scams purportedly lost more than S$3 million, the police said in a news release on Saturday (Sep 12).
The suspects are aged between 15 and 83, and include 163 men and 98 women. According to Singapore Police Force “The suspects are believed to be involved in 544 cases of scams, comprising mainly of Internet love scams, e-commerce scams and loan scams,”.
Laws provide a term of 10 year jail and a fine for guilty of cheating and for money laundering, the suspects could also be fined up to S$500,000 and jailed for up to 10 years. Police further satated “To avoid being an accomplice to crimes, members of the public should always reject requests by others to use your bank account or mobile lines as you will be held accountable if these are linked to illegal transactions,” Anyone with information on such scams can call the police hotline at 1800-255-0000 or submit information online.