SINGAPORE: On Monday (November 4), six individuals will face charges for granting a criminal syndicate access to their bank accounts, which were subsequently utilised to transfer about S$8 million (US$6 million).
In June 2023, three women and three men, ages 20 to 35, were taken into custody. They are thought to have contributed to a number of malware cases involving banks.
Reports of malware being used to infect mobile devices and conduct unauthorised transactions from victims’ bank accounts have been sent to the police since March 2023.
According to investigations, these six individuals reportedly opened bank accounts, including corporate bank accounts, between July 2022 and May 2023 and gave a criminal syndicate the account information.
In return for monthly payments, each allegedly forfeited at least one bank account. Large sums of money were allegedly transferred using these bank accounts between September 2022 and May 2023.Abetment of cheating, abetting unauthorised access to computer material, helping someone maintain the advantages of crime, and forming a shell corporation are among the charges against the six individuals.
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