55-year-old man arrested after allegedly cheating six of about $200k in online investment scams

📆 9/16/2020 8:44 AM
📰 The Straits Times

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

55-year-old man arrested for allegedly cheating six of about $200k in online investment scams

SINGAPORE - A 55-year-old man has been arrested for allegedly convincing a woman to transfer more than $74,000 in a scam involving an online investment platform.

The man then instructed her to transfer more than $74,000 to a specified bank account on Aug 5 and 6. Under the Corruption, Drug Trafficking and Other Serious Crimes Act, a person convicted of money laundering can be jailed up to 10 years or fined up to $500,000, or both.

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:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Man arrested after victim loses more than S$74,000 in investment scamSINGAPORE: A 55-year-old man has been arrested after a woman was allegedly cheated of more than S$74,000 in an investment scam, the police said on ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »