Officers from the Commercial Affairs Department and the seven Police Land Divisions conducted a two-week operation between 10 and 23 June 2022.
A total of 220 men and 107 women, aged between 15 and 78, are currently assisting in investigations for their suspected involvement in scams as scammers or money mules. The suspects are believed to be involved in more than 1138 cases of scams, comprising mainly bank-related phishing scams, internet love scams, Government and China Official’s impersonation scams, e-commerce scams, investment scams, job scams, and loan scams, where victims lost close to $6 million.
The suspects are being investigated for the alleged offences of cheating, money laundering or providing payment services without a licence.
The offence of cheating under Section 420 of the Penal Code 1871 carries an imprisonment term of up to 10 years and a fine. The offence of money laundering under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992 carries an imprisonment term not exceeding 10 years, a fine not exceeding $500,000, or both. The offence of carrying on a business to provide any type of payment service in Singapore without a licence under Section 5 of the Payment Services Act 2019 carries a fine not exceeding $125,000, an imprisonment term not exceeding three years, or both.
For more information on scams, members of the public can visit www.scamalert.sg or call the Anti-Scam Hotline at 1800-722-6688. Anyone with information on such scams may call the Police Hotline at 1800-255-0000 or submit information online at www.police.gov.sg/iwitness.
All information will be kept strictly confidential.