Eight people, aged 16 to 28, were charged in court on Friday (June 24) over their suspected involvement in DBS phishing scams where more than 60 people lost over S$60,000.
The offence of duping banks into opening bank accounts carries a maximum penalty of a three-year jail term and a fine. — The Straits Times/ANNwhere more than 60 people lost over S$60,000.
The other two suspects, both Singaporeans aged 16 and 17, cannot be named as they are under 18 years of age and are covered under the Children and Young Persons Act. The scam saw victims receive unsolicited SMS messages from senders with names like “SG-DBS” or “DBS-Notice”, stating that their ATM cards had been blocked due to unusual activities, or that their bank accounts had been frozen due to suspicious activities.
“Some of did not receive any monetary benefits as the recipients of their credentials turned evasive after successfully opening the bank accounts,” the police said. Three men – Muhammad Fariz, Shahrul Rezal and Iskandar Mali – each face an additional charge of obstructing the course of justice.
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