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Singapore police force investigates 329 scammers

By Fiona Nicolson, 5 Sep 23

Victims have lost around £5.5m

Some 236 men and 93 women in Singapore are assisting police with their investigations into scams, following a Singapore police operation between 18 and 31 August.

The police said that the men and women are believed to be involved in more than 1,300 scams, including e-commerce, internet ‘love’, property rental, investment, jobs and government officials impersonation scams.

Victims have reportedly lost over S$9.4m (£5.5m, $6.9m, €6.4m)

The scammers are being investigated for the alleged offences of cheating, money laundering or providing payment services without a licence.

Tags: Fraud | Scams | Singapore

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.