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The Police have arrested a 24-year-old man for his suspected involvement in money laundering and scam-related offences.

On 11 October 2025, the Police received a report on an investment scam involving a fraudulent online trading platform, where the victim allegedly handed over cash amounting to $75,000 in three separate transactions to unknown persons, after being deceived by scammers who introduced her to a fake investment opportunity through WhatsApp. The victim was allegedly guided to create a trading account on a fraudulent website and make physical cash transactions. 

Through ground enquiries and with the aid of images from Police cameras, officers from Bedok Police Division established the identity of the man and arrested him on 30 October 2025.

Preliminary investigations revealed that the man had also been recruited through Telegram to collect cash on three separate occasions, to be handed over to unknown individuals. He was offered cash rewards between $30 and $50 for each cash collection task. The man is also believed to have provided his banking credentials to an unknown person. 

The man will be charged in court on 31 October 2025 with the following offences: 

1. Assisting another to retain benefits from criminal conduct under Section 51(1)(a) of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, which carries an imprisonment term of up to 10 years, a fine not exceeding $500,000 or both; 
   
2. Cheating under Section 417 of the Penal Code 1871, read with Section 109 of the Penal Code 1871, which carries an imprisonment term of up to three years, a fine, or both;
   
3. Unauthorised access to computer material under Section 3(1)(a) read with Section 12(1) of the Computer Misuse Act 1993, which carries an imprisonment term of up to two years, a fine not exceeding $5,000, or both; and
   
4. Acquiring benefits from criminal conduct under Section 55A(1)(a)(i) of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, which carries an imprisonment term of up to 10 years, a fine not exceeding $500,000, or both. 

The Police take a serious stance against any person who may be involved in scams, and perpetrators will be dealt with in accordance with the law. The Police would like to remind members of the public never to transfer monies, hand monies or other valuables to any unknown persons or persons whose identity they have not verified. 

For more information on scams, members of the public can visit www.scamshield.gov.sg or call the ScamShield Helpline at 1799. Anyone with information on such scams may call the Police Hotline at 1800-255-0000 or submit information online at www.police.gov.sg/i-witness. All information will be kept strictly confidential.