13 people to be charged over fraudulent registration of SIM cards
Thirteen individuals in Singapore are facing charges for their involvement in a criminal syndicate that fraudulently registered SIM cards for illicit activities. The suspects were recruited to buy SIM cards in bulk, which were then used for scams and unlicensed moneylending.
Why it matters
This highlights the growing issue of 'money mules' and the use of telecommunications infrastructure to facilitate organized cybercrime.
They were allegedly instructed to sign up for and buy SIM cards in bulk from different retailers, then hand them over to couriers.
Listen SINGAPORE – Thirteen people have been arrested for their suspected involvement in fraudulently registering postpaid SIM cards for monetary gains, the police said in a statement on July 19 .
The 11 men and two women , aged 19 to 31 , will be charged between July 20 and 24 .
They were offered cash rewards of $10 to $30 for each registered SIM card, and allegedly handed over multiple SIM cards registered under their names to a criminal syndicate.
They were allegedly instructed to sign up for and buy SIM cards in bulk from different retailers, then hand the cards over to couriers .
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in