{"id":67871,"date":"2026-07-11T14:10:38","date_gmt":"2026-07-11T06:10:38","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=67871"},"modified":"2026-07-11T14:10:38","modified_gmt":"2026-07-11T06:10:38","slug":"crackdown-on-scam-and-unlicensed-moneylending","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=67871","title":{"rendered":"Crackdown on scam and unlicensed moneylending"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">SINGAPORE \u2013 The police are investigating <!-- -->550 people<!-- --> \u2013 including teenagers as young as 16 \u2013 for their suspected roles in more than<!-- --> 1,800 <!-- -->scam and unlicensed moneylending cases.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">The Bedok Police Division arrested <!-- -->46 people during a 10-day operation between June 29 and July 8<!-- -->, the police said in a statement on July 10.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">A total of <!-- -->341 men and 209 women<!-- -->, aged between 1<!-- -->6 and 8<!-- -->3, are being investigated.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">Of these, <!-- -->418 people<!-- --> are believed to be involved in scam-related activities \u2013 including e-commerce, investment, job, rental, phishing and loan-related scams \u2013 as money mules. Victims reportedly lost more than <!-- -->$14.8 million<!-- -->.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">They are being investigated for cheating, assisting another to retain proceeds from criminal conduct, and the unauthorised disclosure of Singpass access code, according to the police.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">The remaining <!-- -->132 people<!-- --> are being investigated for their suspected roles in unlicensed moneylending activities involving transactions amounting to more than <!-- -->$2.3 million<!-- -->.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">The police advised the public to reject money-making opportunities that promise fast and easy payouts, including those that require them to allow others to use their Singpass or bank accounts to receive or transfer money.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">The public is also advised to stay away from scammers and unlicensed moneylenders and avoid working with or assisting them in any way.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">E-commerce scams were the most common type of scam in 2025, with 6,703 cases reported and losses of $16.7 million.<\/p>\n<figure class=\"portrait inline-media-wrapper\" style=\"--aspect-article-portrait:1140 \/ 760\" data-testid=\"inline-media-test-id\"><a href=\"https:\/\/www.straitstimes.com\/stop-scams\" rel=\"noopener\" class=\"\" aria-label=\"link\" target=\"_self\" data-testid=\"inline-image-link\"><\/p>\n<div class=\"flex flex-col items-start relative w-fit\"><picture><source media=\"(max-width: 480px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12?w=480\"\/><source media=\"(min-width: 481px) and (max-width: 720px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12?w=720\"\/><source media=\"(min-width: 721px and max-width: 3999px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12?w=900\"\/><source media=\"(min-width: 4000px)\" srcset=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12\"\/><img decoding=\"async\" src=\"https:\/\/cassette.sphdigital.com.sg\/image\/straitstimes\/f8928966a468701673e24902d1bf4068e2caf5195546d10fe0f28c922597ea12\" alt=\"\" class=\"aspect-portrait flex items-start shrink-0 portrait article-portrait object-contain mobile:w-auto tablet:w-auto\" data-testid=\"image-test-id\" loading=\"lazy\"\/><\/picture><\/div>\n<p><\/a><\/figure>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">For more information on scams, visit <a href=\"https:\/\/www.scamshield.gov.sg\/?ref=inline-article\" rel=\"noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><span class=\"inline font-tertiary-body-baseline-regular\" data-testid=\"typography-test-id\">www.scamshield.gov.sg<\/span><\/a> or call the ScamShield helpline on 1799.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">Anyone with information on such scams can call the police hotline on 1800-255-0000 or submit information online at www.police.gov.sg\/i-witness<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">All information will be kept confidential, the police said.<\/p>\n<\/div>\n<p><br \/>\n<center><br \/>\n<br \/><a href=\"https:\/\/www.straitstimes.com\/singapore\/16-year-olds-among-550-under-probe-for-scam-and-unlicensed-moneylending-activities\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><br \/>\n<center\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE \u2013 The police are investigating 550 people \u2013 including teenagers as young as 16 \u2013 for their suspected roles in more than 1,800 scam&#8230;<\/p>\n","protected":false},"author":1,"featured_media":67872,"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-67871","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\/67871","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=67871"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/67871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/67872"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}