SINGAPORE - A man has been arrested for suspected involvement in money laundering offences linked to a Covid-19-related scam, the police said on Saturday (April 4).. Read more at straitstimes.com.
SINGAPORE - A man has been arrested for suspected involvement in money-laundering offences linked to a Covid-19-related scam, the police said on Saturday .
In mid-March, the police were alerted to a business e-mail impersonation case in which an overseas pharmaceutical company was defrauded of €6.636 million over the purchase of surgical masks and hand sanitisers. After the company transferred the monies to a local bank, the items were not delivered and the supplier became uncontactable.
Through investigations, the Commercial Affairs Department has established the identity of the man, 39, who had received the monies and arrested him on March 25 when he returned to Singapore. Preliminary investigations revealed that the man had acquired the monies, which were criminal proceeds, and moved part of them out of Singapore.The police's Anti-Scam Centre managed to recover more than $6.4 million of the amount scammed. Efforts are under way to trace and recover the remaining monies.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
88-year-old man dies of Covid-19, 6th such death in SingaporeThe Singapore permanent resident had a history of heart and kidney disease, cancer and diabetes.. Read more at straitstimes.com.
Read more »
Singapore reports 6th COVID-19 death, an 88-year-old manSINGAPORE: A sixth person died from COVID-19 in Singapore early on Saturday (Apr 4) morning, the Ministry of Health (MOH) said in a news release. ...
Read more »
88-year-old man dies of Covid-19, 6th such death in Singapore[SINGAPORE] A sixth patient has died from the coronavirus infection in Singapore, the Health Ministry said on Saturday. Read more at The Business Times.
Read more »
In full: PM Lee's address on enhanced measures to deal with COVID-19 situation in SingaporeSINGAPORE: Prime Minister Lee Hsien Loong addressed the nation on Friday (Apr 3), giving an update on the COVID-19 situation in Singapore and ...
Read more »