68-year-old woman lost $97,800 to scammers posing as MAS staff, 3 arrested at Bendemeer Road
Three people were arrested after a 68-year-old woman lost $97,800 to a scam.
The police received a report of the case on May 21.
Posing as Monetary Authority of Singapore staff, scammers had convinced their victim that she had been implicated in a money-laundering offence and was required to surrender her money for investigation.
Through extensive ground enquiries, officers from the Anti-Scam Command arrested the suspects on May 22 at Bendemeer Road after the victim handed over the money to one of them.
Preliminary investigations revealed that a 38-year-old man was tasked to collect cash from the victim and for it to be handed over to a 22-year-old man.
The older man and a 39-year-old woman arrived together at the location, but only the man met the victim during the transaction while the other man was loitering around the vicinity.
Police officers managed to identify the trio and arrested them after the transaction.
The younger man was to be charged in court on May 24 while investigations against the other two suspects are ongoing.
The trio are being investigated for cheating, which carries an imprisonment term of up to 10 years and a fine.
The older man was also found in possession of substances believed to be controlled
drugs and has been referred to the Central Narcotics Bureau.
