Three weeks in jail for woman who made unlicensed money transfers, Courts & Crime News & Top Stories


SINGAPORE – Promised at a daily wage of $ 200 in a Facebook ad for a part-time data entry job, a 38-year-old woman has entered an unlicensed money transfer program.

On Tuesday (November 23), she was sentenced to three weeks in prison after pleading guilty to providing an unlicensed payment service.

Police said on Friday (November 26) that investigations revealed that the woman operated a business providing a domestic money transfer service in May of last year.

The statement added that she received $ 4,855 from 13 money transfers to her bank account and made seven outgoing transfers to another local bank account for an amount of $ 3,700.

These were carried out on the instructions of an unknown person who posted the job posting on Facebook.

Of the money deposited into his account, $ 2,605 came from four victims of e-commerce scams.

For operating a business providing payment services without a license, a person can be fined up to $ 125,000, jailed for up to three years, or both.

Police are warning scammers who recruit people to transfer money on their behalf.

They can post jobs that allow individuals to work from home and offer attractive salaries for relatively easy tasks such as using their bank account to receive and transfer money.

People who receive or transfer money stolen or related to crimes may be charged with committing a criminal offense.

The public is reminded that legitimate businesses do not require the use of an individual’s personal bank account to receive funds on their behalf and must reject any request to receive and transfer money for any purpose. others using their personal bank accounts.

For more information on how to avoid scams, the public can visit the Scam Alert website or call the Anti-Scam Hotline at 1-800-722-6688.

The public can call the police hotline 1800-255-0000 if they have information about a crime, or submit it to the Singapore Police website.


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