A 27-year-old man was arrested for suspected possession of cloned payment cards and the equipment to make the cloned cards.
The Singapore Police Force said on 17 February that they received a report on 7 February about a cloned metal card being used to make a cash withdrawal at an ATM machine.
The identity of the culprit was then established through follow-up investigations by the officers from the Commercial Affairs Department, and he was arrested on 16 February.
The man is believed to have copied payment card details from the magnetic stripes of more than 60 original payment cards, then encoded the information into blank metal cards that he bought online.
He also removed and transferred the Visa, Mastercard, and Europay chips onto the blank metal cards.
The police seized a laptop, 2 notebooks, an assortment of blank metal cards, an engraving machine, a card encoder, a point-of-sale reader machine and some cloned metal cards from him.
If convicted of possessing a machine and equipment that has been made to create false instruments, he faces a jail term of up to 5 years and/or a fine.
If found guilty of possessing forged valuable security, he faces a jail term of up to 15 years and a fine.