Arrests made in extensive buy-now-pay-later scam targeting dozens of victims

Arrests made in extensive buy-now-pay-later scam targeting dozens of victims

Singapore Uncensored·2023-09-28 19:26

The Police have arrested two men, aged 24 and 25, and a 26-year-old woman for their suspected involvement in a series of cheating offences with at least 32 victims. 

Since August 2023, the Police received several reports of job scams involving the use of a Buy-Now-Pay-Later (“BNPL”) service, where victims who responded to social media posts on “fast cash” were requested to register their Singpass with the BNPL service and hand over their account details. The victims’ accounts would then be used to make purchases at electronic stores, with the items subsequently collected for resale. The victims were then assured that the instalment plan would be paid, but were left with outstanding payments amounting to more than $76,000. 

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