A 46-year-old man will be charged on Saturday (Sept 13) after being arrested for his suspected involvement in a case of extortion.The Singapore Police Force (SPF) said in a press release that they had received a report from a woman on Sept 11 at around 3.55pm stating that a male friend had asked her to transfer cryptocurrency via a QR code, claiming that another friend of his required the money.Despite transferring more than $78,000 to the former, she subsequently lodged a police report suspecting that he was in trouble.Officers from the Woodlands Police Division conducted «extensive ground enquiries and follow-up investigations» to identify a 46-year-old man and arrest him within eight hours at Changi Airport Terminal 1, the release added.The SPF in their preliminary investigations discovered that the man had allegedly restrained a male victim, presumably the woman's friend, with cable ties at a hotel at Coleman Street and extorted over $200,000 from him. The extorted cryptocurrency was recovered while the male victim was conveyed conscious to the hospital after sustaining injuries. Read more