SINGAPORE: A total of 336 people, including a 12-year-old, are under investigation for their alleged involvement in scams, police said on Saturday (September 25th).
The suspects, believed to have been implicated as crooks or money mules, include 236 men and 100 women aged 12 to 74.
They are believed to be involved in more than 1,439 fraud cases, in which victims have lost more than S $ 13 million, police said in a press release.
Scams mainly include Internet love scams, e-commerce scams, Chinese government official impersonation scams, government official impersonation scams, business email identity theft scams, investment scams, employment scams and loan scams.
The investigation follows a two-week operation between September 10 and September 24.
Police said the suspects were being investigated for offenses of cheating, money laundering or providing unlicensed payment services.
Those convicted of cheating can be jailed for up to 10 years and fined.
Those convicted of money laundering can be sentenced to prison terms of up to 10 years, a fine of up to S $ 500,000, or both.
Operating a business providing any type of payment service in Singapore without a license is subject to a fine of up to S $ 125,000, imprisonment for up to three years, or both.
Police said they are “taking a serious stand” against anyone who may be involved in scams, adding that the perpetrators will be treated according to the law.
“To avoid being complicit in crimes, members of the public should always reject requests from others to use your bank account or mobile lines, as you will be held responsible if these are related to crimes,” he said. added the font.