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A total of 346 people aged between 16 and 76 are being investigated for their involvement in scams where victims have reportedly lost more than $13.8 million. In a two-week operation conducted by the Commercial Affairs Department and the seven Police land346 probed over scams involving $13.8 million in losses
A total of 346 people aged between 16 and 76 are being investigated for their involvement in scams where victims have reportedly lost more than $13.8 million. In a two-week operation conducted by the Commercial Affairs Department and the seven Police land divisions between 16 and 29 August this year, some 231 men and 115 women were found to be involved in more than 1,300 cases as scammers or money mules, the police said in a news release on Friday (August 30). The scams comprises mainly job scams, friend impersonation scams, fake buyer scams, e-commerce scams, investment scams and internet love scams. The police, who said they take a serious stance against anyone involved in scams, added that “to avoid being an accomplice to crimes, members of the public should always reject requests by others to use your bank accounts or mobile lines as you will be held liable if they are linked to crimes.” Those found guilty of cheating face a jail term of up to 10 years and a fine. Those convicted of money laundering can be jailed up to 10 years, fined up to $500,000, or both. Read more