SINGAPORE – Three people are set to be charged in court on Aug 8 over their suspected roles in a scheme that compromised the Singpass accounts of work permit holders.
The scheme involved offering work permit holders cash in exchange for access to their Singpass accounts.
The perpetrators would then use the compromised Singpass accounts to apply for telco or financial accounts.
Since early August, at least 23 work permit holders have reported that their Singpass accounts were locked after being offered $80 cash in exchange for access to their accounts, said the police in a statement on Aug 7.
Some of these work permit holders were told that their Singpass accounts would be used to purchase National Day Parade (NDP) tickets at a discounted price of $500. However, NDP tickets are not for sale.
After agreeing to take part in the scheme, these work permit holders were told to meet the perpetrators at locations including MRT stations, HDB residential areas and construction sites.
They would either meet the perpetrators directly or be driven to nearby locations where the perpetrators would scan their work permits and obtain their Singpass passwords, said the police.
The fraudulently obtained Singpass accounts were used to register for more than 30 accounts on cross-border payment app LiquidPay and more than 1,200 phone lines without the work permit holders’ knowledge, said the police.
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