According to the Police media release, 8 men have arrested for their suspected involvement in a series of Ponzi-like job scams.
As part of a 11 day anti scam operation that was conducted this month 8 men from the ages of 18 to 30 were arrested.
The Police received reports that victims were contacted via Whatsapp, Telegram and Facebook for promoting affliate jobs with high remuneration.
Telling victims that they will be rewarded from completing task and even offered higher rewards for those that recruit others.
It would not take long for the victims to realised that any “job” conducted were unpaid for before realising that it is a scam.
In a separate scam, 4 of the men that were arrested were convinced to allow usage of their Singpass and banking accounts in exchange for money.
Both the scams were multi-level related scams.