The suspects, aged between 16 and 75, were involved in scam cases related to e-commerce and jobs.
SINGAPORE – A total of 309 people are being investigated for their alleged roles in scams where victims lost more than $9 million.
The suspects are being investigated for cheating, money laundering or providing payment services without a licence. The investigation comes after a two-week operation by the Commercial Affairs Department and seven police land divisions in April. For carrying on a business to provide any type of payment service in Singapore without a licence, an offender can be fined up to $125,000, jailed for up to three years, or both.
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