SINGAPORE – The police in Singapore and Malaysia have worked together to cripple two transnational scam syndicates, and arrested 13 people in simultaneous raids carried out in Kuala Lumpur, Johor and Singapore.
The syndicates, which were allegedly involved in money laundering activities, caused losses totalling more than $1.3 million.
They targeted more than 60 victims in Singapore alone, as well as victims in Malaysia, Thailand and Indonesia.
The scams reported in Singapore varied from investment and job scams to fake gambling platforms, sexual services and sextortion, government official impersonations and loan scams.
In a media release, the Singapore Police Force said its Commercial Affairs Department (CAD) and Royal Malaysia Police’s Commercial Crime Investigation Department have been working together since July to share critical information based on findings from reported scam cases.
On Aug 10, two female and seven male Malaysians aged between 19 and 39 were arrested by the Malaysian police for their suspected involvement in cross-border money laundering following simultaneous raids at two apartment complexes in Kuala Lumpur and Johor.
At the same time, officers from the Anti-Scam Command in Singapore arrested two men and two women, aged between 18 and 49, for their suspected involvement in the money laundering syndicate by handing over their personal bank accounts or relinquishing their Singpass accounts.
Investigations of the suspects arrested in Singapore are…
