SINGAPORE – A 16-year-old is among 230 people being investigated for their suspected roles in scams involving reported losses of about $9 million, following a two-week police operation.
The 159 men and 71 women are suspected of being scammers or money mules, said the police in a statement on July 2.
Aged between 16 and 77, the suspects are believed to have been involved in more than 713 scams, including e-commerce scams, friend impersonation scams, job scams, government official impersonation scams, investment scams and rental scams.
The operation was conducted by officers from the Commercial Affairs Department and the seven police land divisions between June 18 and July 1.
The suspects are being investigated for the offences of cheating, money laundering and providing payment services without a licence.
If found guilty of cheating, they can be jailed for up to 10 years and fined.
Those convicted of money laundering can be jailed for up to 10 years, fined up to $500,000, or both.
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