Four individuals, including a teenager, will be facing charges in court for their alleged involvement in money mule and scam-related activities in Singapore. The cases highlight how scammers are increasingly exploiting Singpass credentials, SIM cards, and personal bank accounts for fraudulent purposes.
22-Year-Old Gave Away Singpass for ‘Investment’
In the first case, a 22-year-old man allegedly surrendered his Singpass login details to an unknown person online, believing it was for investment purposes. His credentials were later used to open two bank accounts, which became tools for criminal activities. He will be charged for the unauthorised disclosure of a password or access code under the Computer Misuse Act.
SIM Cards Registered for Profit
Another 22-year-old man is accused of unlawfully registering 38 SIM cards with personal information and handing them over to a third party for profit. These SIM cards were later linked to scams. He faces charges under the Miscellaneous Offences Act for the unlawful provision of registered SIM cards.
Teenager and Middle-Aged Man Also Involved
The third case involves an 18-year-old teenager who allegedly deceived banks into opening accounts and then sold the iBanking details to a syndicate. Reports suggest he received $500 for each bank account he handed over. He will face multiple charges, including conspiracy to cheat, securing unauthorised access to computer systems, and assisting to retain benefits from criminal conduct.
Meanwhile, a 52-year-old man is accused of helping an unknown individual receive and move funds through his bank account, without checking the source or purpose of the money. He will be charged with assisting another person to retain criminal benefits.
Serious Consequences for Scam-Linked Crimes
Depending on the charges, offenders could face fines of up to $50,000, jail terms of up to three years, or both. In some cases, additional penalties may apply for repeat offenders.
The Singapore Police Force has reminded the public that scams often lure victims and accomplices with quick-cash schemes, such as offers to use their Singpass, bank accounts, or mobile lines. Members of the public are warned not to give away their personal details or allow accounts to be misused, as they will be held accountable under the law.
Authorities continue to stress that anyone found supporting scams, whether intentionally or through negligence, will face strict enforcement action.