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.

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.

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 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).

About Tag: Scam

Read latest updates on scams, fraudulent stories, and incidents happening worldwide. Connected to India inform you about these scammers.