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A total of 230 suspects believed to have been involved in scams as scammers or money mules were rounded up in a police dragnet between June 18 and July 1.<\/p>\n
The suspects \u2014 159 men and 71 women \u2014 are aged between 16 and 77.<\/p>\n
They are believed to have been involved in more than 713 scam cases, with victims losing around $9 million.<\/p>\n
The cases comprised mainly e-commerce scams, friend impersonation scams, job scams, government official impersonation scams, investment scams and rental scams, said the police in a media release on Tuesday (July 2).<\/p>\n
The suspects are being investigated for the offences of cheating, money laundering or providing payment services without a licence.<\/p>\n
The two-week police operation was conducted by the police’s Commercial Affairs Department and all seven land divisions.<\/p>\n
The offence of cheating is punishable by up to 10 years’ jail and a fine.<\/p>\n
Money laundering carries a penalty of up to 10 years’ imprisonment and\/or a fine of up to $500,000.<\/p>\n
Carrying on a business to provide any type of payment service without a license is punishable by a fine of up to $125,000 and\/or up to three years’ jail.<\/p>\n
Scammers and members or recruiters of scam syndicates also face mandatory caning of between six and 24 strokes.<\/p>\n
Meanwhile, scam mules who enable scammers by laundering scam proceeds, providing SIM cards and providing Singpass credentials face discretionary caning of up to 12 strokes.<\/p>\n
Anyone found to have been involved in mule-related offences may also face restrictions on banking services and mobile line subscriptions to prevent further facilitation of scams.<\/p>\n
For more information on scams, members of the public can visit www.scamshield.gov.sg<\/a> or call the ScamShield Helpline at 1799.\u00a0<\/p>\n Anyone with information on scams may call the Police Hotline at 1800-255-0000 or submit information online at www.police.gov.sg\/i-witness<\/a>. All information will be kept strictly confidential.<\/p>\n [[nid:735342]]<\/p>\n daoen.wong@asiaone.com<\/p>\n<\/div>\n A total of 230 suspects believed to have been involved in scams as scammers or money mules were rounded up in a police dragnet between…<\/p>\n","protected":false},"author":1,"featured_media":66044,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-66043","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/66043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66043"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/66043\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/66044"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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