4 men arrested over purported cheating offences involving crypto mining investment scheme

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Four men arrested over purported cheating offences involving cryptocurrency mining investment scheme

SINGAPORE - Four men, aged between 39 and 59, have been arrested for their alleged role in purported cheating offences involving a cryptocurrency mining investment scheme.

The Commercial Affairs Department is currently investigating the business activities of the company for possible cheating offences, said the police in a statement on Monday . The police also cautioned investors involved with the company not to make further payments to facilitate the recovery of their investments.

They are encouraged to do so online, and should state clearly in their report the name and contact details of the company's representative who they dealt with.

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