Four people—three of them teenagers—are accused of being money mule operators

On March 8, four individuals, ages 17 to 21, were brought before the court about their alleged participation in money mule operations, which included selling their Singpass and banking information to con artists. The police claimed on March 7 that fraudsters reportedly used their information to launder criminal gains from numerous scams. The 21-year-old Hans Ilhan Mahroon is accused of paying $1,300 to an unidentified individual for his banking information in November 2023. It was reported that he acted in this manner in reaction to a message on the messaging app Telegram.

 

After viewing an advertising on Telegram, Mattias Soon Jia Le, 19, allegedly established three bank accounts and submitted his banking credentials to unknown individuals for $2,300 in May 2023. Soon is accused of three counts of cheating and an additional three counts of Computer Misuse Act violations. Since they were under 18 when they committed their crimes, the other two suspects, who are both 17 years old, cannot be identified. The Children and Young People Act safeguards their identity. One of them is accused of paying $3,000 to provide his Singpass information to an unidentified individual in October 2023. Later on, his information was utilized to open a bank account and launder money obtained through a phishing fraud.

 

The second adolescent allegedly took $600 in return for opening a bank account and providing her account information to a friend. The money from investment, employment, and e-commerce schemes was then laundered through the bank account. The public was advised by the police to turn down seemingly alluring offers that ask for access to bank account information or Singpass in exchange for quick and simple money. A person found guilty of planning to deceive banks into creating bank accounts faces a maximum three-year prison sentence and a fine. A first-time offender faces a maximum punishment of $5,000, a maximum two-year jail sentence, or both for aiding and abetting to gain unauthorized access to a bank’s computer system.

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