Taiwanese man with suspected syndicate links arrested for alleged credit card fraud at Far East Plaza

A Taiwanese man was detained on Wednesday ( Feb 26 ) after making a suspicious credit card payment at a Far East Plaza store. &nbsp,

The authorities said in a media release on Thursday that they had been called to a cellular phone business in the store. &nbsp,

The 26-year-old was arrested&nbsp, at the picture with the assistance of the business owner and safety officers.

According to the police, initial investigations revealed that the guy had arrived in Singapore before that day and was reportedly employed by an international legal syndicate. &nbsp,

He was also&nbsp, believed to have used contactless payment methods, also known as near field communication ( NFC) mobile payments, linked to&nbsp, stolen credit card details to make fraudulent purchases at various locations in the country.

The man effectively purchased Razer Gold eGift accounts worth a total of S$ 1, 110 from several 7-11 businesses due to his arrest, according to the police, who are believed to possess defrauded several businesses. &nbsp,

Three mobile devices, along with the gift cards, were recovered and seize.

Gaming business Razer created the online currency Razer Gold. On game systems, it can be used to create in-game purchases and to obtain credit.

He may become charged&nbsp, in court on Friday. If found guilty of cheating, he faces up to 10 years ‘ prison and a good.

” Illegal use of another person’s credit or debit card is a major offence”, police warned, adding that they&nbsp, taking a critical view against anyone who commits fraud.

” Perpetrators will be dealt with in accordance with the law,” the statement read.

In the event of a lost or stolen credit or debit card, the policeman advised the people to instantly act.