The Police will be charging a 27-year-old man for his suspected involvement in money mule activities.
On 24 June 2025, the Police received a report from a victim who was allegedly deceived into handing over $90,000 in cash to unknown persons over two separate occasions in an online cryptocurrency investment scam. The money was purportedly meant for topping up her online investment account, which was later discovered to be fake.
Through follow-up investigations, officers from Ang Mo Kio Police Division conducted an operation and arrested a man while he was allegedly attempting to collect additional funds from the victim. Preliminary investigations revealed that the man had allegedly collected $5,000 from another victim in a similar scam. The man had purportedly used two $2 notes with specific serial numbers, which matched photographs sent via online messaging platforms to the victims, as a means of identification. Cash amounting to $5,000 and the two $2 notes were seized as case exhibits.
The man will be charged in court on 10 July 2025 with the following offences:
- Possession of property reasonably suspected to be benefits from criminal conduct, under Section 55(1) of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (“CDSA”) 1992 and;
- Attempted possession of property reasonably suspected to be benefits from criminal conduct, under Section 55(1) of the CDSA 1992, read with Section 511 of the Penal Code 1871.
The offences carry a fine not exceeding $150,000, an imprisonment term not exceeding three years, or both.
The Police take a serious view against any person who may be involved in money mule activities. To avoid being an accomplice in these crimes, members of the public should always reject seemingly attractive money-making opportunities promising fast and easy pay-outs for collecting money, the use of their Singpass accounts, bank accounts, or allow their personal bank accounts to be used to receive and transfer money for others. The Police would like to remind members of the public that individuals will be held accountable if they are found to be linked to such crimes.
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 illicit activities 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.
Cash seized ▼
SINGAPORE POLICE FORCE
10 July 2025 @ 8:55 AM