#financial-crime

S$61M Scandal: Netflix Star David Yong Faces Extra Charge

A Singapore entrepreneur faces an additional legal charge over a S$61 million promissory note scheme that raised funds from the public without the required investment prospectus.

Police Arrest 5 Suspects in S$76K Money Mule Scheme

Police arrest five men aged 22 to 27 for running a money mule scheme that moved over S$76,000 in scam proceeds through more than ten bank accounts.

S$2.8B from Aug 2023 Anti-Money Laundering Case Given to SG

Singapore police seized S$2.8 billion in a major anti-money laundering operation, arresting 10 foreigners and recovering assets from 17 others linked to the case.

Telegram Scam: Oon Yun Cong’s Share Trading Fraud Exposed

A man was jailed for 16 months and fined for tricking people into buying shares through fake claims in Telegram chat groups.

$12M Lost: Teen Suspect in Huge Singapore Scam Crackdown

Singapore police arrested nearly 500 scam suspects including a 15-year-old in a major crackdown that uncovered over S$12 million in losses across 1,400 cases.

South Korean Man Charged: Gold Bars Hidden in Tool Shipments

A 63-year-old South Korean man has been charged in Singapore for smuggling gold bars hidden inside tool shipments to South Korea and Japan over several years.

Scam Sweep! Police Grills 665 People in $19m Fraud Op

Police arrested 665 people in a sweeping two-week operation that uncovered over 3,600 scam cases costing victims more than $19 million.

Retiree Lost S$1M to Facebook Friend Scam in 15 Days!

A 65-year-old Singapore retiree lost over S$1 million in 15 days to a scammer posing as a British CEO on Facebook.