Man arrested for allegedly paying people to relinquish bank accounts that are then used to receive scam proceeds
A 23-year-old man was arrested on May 28 for allegedly soliciting more than 10 bank accounts from different people by paying them a commission for every bank account relinquished.
The bank accounts were then handed over to his accomplices and used to receive scam proceeds amounting to more than $76,000.
Through extensive ground enquiries and follow-up investigations, officers from Central Police Division established the identities of his accomplices and conducted an island-wide operation.
Four other men, aged 22 to 27, were arrested for their suspected involvement in money mule activities.
The 23-year-old man was charged in court on May 30 while three of the four were charged in court on May 31 for the offence of facilitating unauthorised access to computer material.
The remaining 26-year-old is assisting with investigations.
To avoid involvement in money laundering activities, members of the public should always reject requests to use their personal bank accounts to receive and transfer money for others.
For more information on scams, visit www.scamshield.gov.sg or call the ScamShield Helpline at 1799.
Anyone with information on such scams may call the police hotline at 1800-255 0000 or submit information online at www.police.gov.sg/i-witness.
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