SINGAPORE: The police have arrested 38 people suspected of acting as money mules for scammers by selling or renting their YouTrip accounts for monetary gains.
The arrests follow a surge in scam cases in September and October, where victims reported losing money through fraudulent PayNow QR codes generated through YouTrip.
Preliminary investigations revealed that the scammers had exploited multiple scam types to instruct victims to make multiple payments through YouTrip QR codes, said the Singapore Police Force (SPF) on Saturday (Nov 1).
These included e-commerce scams, friend impersonation scams, job scams, government officials impersonation scams, investment scams and rental scams, said the police in a news release.
