Singapore Police Force arrested 335 suspects in a 2-week crackdown on over 850 scams, uncovering $15.4M in fraud from impersonation, investment, and e-commerce schemes

This operation reflects the authorities’ intensified efforts to address the rising tide of financial crime affecting both individuals and businesses. The suspects, who range widely in age, are being investigated for offences including cheating, money laundering, and operating payment services without proper licensing. By disrupting these networks, the police aim to dismantle the infrastructure that enables scammers to move illicit funds…