One of the Indian convicts, a chartered accountant, set up Singapore-incorporated companies whose accounts were used for receiving scam proceeds. The other Indian convict was paid to be listed as a ‘director’ of these companies but without any due diligence responsibilities.
Tag: Scam
3 arrested and SGD 1.28 million seized in joint anti-scam ops by Singapore Police and DBS
These developments came after weeklong operations against corporate money mules.
Singapore SM Lee Hsien Loong again targeted by deepfakes; scam videos put out false views
These latest scam videos show Lee Hsien Loong purportedly commenting on international matters.
Singapore hosts FATF plenary; PM Wong says “asset recovery a priority” in national policy
PM Wong referred to the work done on the interception of illicit funds, and the revised FATF standards to stop the movement of “around USD 2 to USD 3 trillion worth of illicit proceeds” through “the global financial system every year”.
Online scam impersonates Indian cricket icon MS Dhoni, asks for USD 7 help for ‘Thala’
If this was not ‘convincing enough’, the scammer also shares a ‘selfie’ to prove that it is Dhoni himself. The image shared is of the former Chennai Super Kings skipper in the ‘outskirts’ of a town, matching the message shared.
Singapore and Malaysia sign MoU to tackle scams across telecom channels
This MoU was signed by IMDA Chief Executive Lew Chuen Hong and MCMC Chairman Tan Sri Mohamad Salim bin Fateh Din.
Bollywood star Vidya Balan calls cops on scam Instagram account cheating people in her name
Between January 17 and 19, following the alert from the stylist, Vidya Balan learnt that someone had created a fake Instagram profile and a bogus e-mail ID, claiming that it belonged to her.
Singapore Police, Cyber Security Agency alert the public to PayPal account scam
From January 1 to February 9, 2024, a total of 27 such cases involving hacked PayPal accounts were reported to the police.
India: Celebrity chef and family duped of over USD 195,000 by fake public prosecutor
The accused Shweta Badgujar, currently in judicial custody in connection with other offences, duped the complainant under several pretexts, ranging from gold coins business to lucrative real estate offer.
Singapore Police arrest 4 in concert ticket scam that claimed 583 victims and caused SGD 223,000 loss
These arrests were made following a joint operation conducted between January 31, 2024, and February 6, 2024, by the Commercial Affairs Department, seven Police Land Divisions, Carousell and the Government Technology Agency (GovTech).