Man arrested for suspected involvement in investment scam

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

SINGAPORE: A 55-year-old man has been arrested for his suspected involvement in a case of investment scam, the police said on Sunday (Feb 21) in a ...

SINGAPORE: A 55-year-old man has been arrested for his suspected involvement in a case of investment scam, the police said on Sunday in a news release.

After the transfers were made, the woman discovered that her account was blocked and she was unable to access the online investment platform or recover the money she had transferred.Through investigations, officers from the Bedok Police Division established the identity of the 55-year-old man, who is the alleged owner of the specified bank account, and arrested him on Sep 14.

If found guilty under the Corruption, Drug Trafficking and Other Serious Crimes Act, he may be jailed for up to 10 years, fined up to S$500,000, or both.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines