SINGAPORE: The police on Thursday (Apr 8) warned that individuals may very well be unknowingly used as cash mules in a brand new pattern of scams promoting jobs with excessive hourly salaries.
The police described how scammers would ship textual content messages displaying pretend job postings that, within the instance supplied in Thursday’s information launch, provided “250 per hour”.
“Members of the general public are suggested to be on their guard in opposition to such elaborate scams, as they might unknowingly be used as cash mules to launder proceeds of prison conduct,” police stated in a information launch.
They suggested the general public to undertake precautionary measures corresponding to not clicking on suspicious URL hyperlinks, not sending cash to folks they have no idea or haven’t met in particular person earlier than, and never sharing checking account login credentials with anybody.
Police additionally urged the general public to say no job gives that require using their private financial institution accounts to carry out cash switch for others, buy cryptocurrency on behalf of another person or open new financial institution accounts.
“The police want to remind the general public that your checking account(s) might be ‘frozen’ whether it is used to help in laundering cash from prison actions, and you may be subjected to prison investigations,” they stated.
In addition they urged people to not withdraw or switch any suspicious funds they could obtain of their financial institution accounts and report the matter to the financial institution and the police.
Police additionally requested the general public to report any data associated to such crimes or if they think a message obtained is a rip-off.
Cash mules could also be charged with cash laundering offences underneath the Corruption, Drug Trafficking and Different Critical Crimes (Confiscation of Advantages) Act. If convicted, they may very well be jailed as much as 10 years, fined as much as S$500,000, or each.
They is also charged underneath the Fee Companies Act, which carries a high quality of as much as S$125,000, a jail time period of as much as three years, or each.