Dozens to face first-ever charges under anti-scam laws criminalising sharing of Singpass, bank details

SINGAPORE: A total of 40 people, aged between 18 and 43, may be charged in court for fresh crimes connected to scam-related money horse actions.

According to the Singapore Police Force ( SPF ) on Sunday ( Sep 8 ), investigations revealed that they had allegedly relinquished or sold their bank accounts or Singpass credentials, thereby allowing criminal syndicates to launder money. &nbsp,

Following amendments passed last year to offer police more authority to prosecute cash thieves and those who sell Singpass particulars to scammers, this is the first time people are being charged. &nbsp,

The new offences were introduced through amendments to the Corruption, Drug Trafficking and Other Serious Crimes ( Confiscation of Benefits ) Act 1992 ( CDSA ) and the Computer Misuse Act ( CMA ).

The offenses were implemented on February 8. &nbsp,

The officers said that the 33 men and 7 women will be charged starting on September 9 and ending on September 11. &nbsp,

Some supposedly tricked businesses into granting them access to ATM cards and online banking information, as well as giving them ATM cards to outsiders. Other people are accused of making unauthorized disclosures of their Singpass information.

According to the police, this made it possible for legal cartels to use their identities when opening bank accounts. &nbsp,

In one instance, it is claimed that one person gave a person access to their bank account, which was later used to launder more than S$ 300,000 in legal funds. &nbsp,

In another instance, a Singpass account owner is accused of allowing a person to get his personality in response to a quick cash offer. His personality was then used to available four bank accounts and dirty more than S$ 500, 000 in judicial proceeds.