- POSTED: 04 Jun 2014 07:50
Suspect implicated in cases which involve eight victims who suffered losses amounting to S$2,700.
SINGAPORE: A man suspected of acting as a money mule was arrested on Tuesday (June 3) and will be charged in Court on Thursday, said the Singapore Police Force. The 31-year-old, if found guilty of involvement in the cases, could be imprisoned for up to five years, be fined, or both.
According to the police, he is suspected to have been recruited as a money mule in several cases where “eight victims suffered losses amounting to S$2,700”. Police have, since last September, received reports of victims who had responded to online advertisements and “placed orders for purchases of smartphones and tablet PCs at below-market prices”, only to never receive their orders. Some buyers were charged by sellers for “additional costs”.
In a statement, the police reminded the public to be cautious when making online purchases: Be sure of who the seller is, how they can be contacted and, unless the seller is someone you trust, do not make advanced payments on purchases.
They also cautioned the public to be suspicious of offers that are “too good to be true”.