The Police have arrested a 24-year-old man for his suspected involvement in using a found credit card to make unauthorised transactions.
On 5 September 2024, the Police received a report from a victim who discovered that there were several unauthorised transactions made with his missing credit card.
Through follow-up investigations, officers from the Commercial Affairs Department established the identity of the man and arrested him on 24 September 2024. Preliminary investigations revealed that the man found the victim’s credit card and allegedly used it to make various unauthorised transactions amounting to more than S$24,500.
The man will be charged in court on 26 September 2024 with the offence of cheating under Section 420 of the Penal Code 1871. The offence carries an imprisonment term of up to 10 years, and a fine.
The Police would like to remind members of the public that unauthorised use of another person’s credit or debit card is a serious offence. Perpetrators will be dealt with firmly in accordance with the law.
The Police would also like to advise all credit/debit card holders to call their card-issuing banks immediately if their credit/debit cards are lost or stolen, and to adopt the following crime prevention measures:
- Keep your credit or debit cards safe with you at all times;
- Opt in for SMS notifications to be sent to your mobile phone for any charges incurred on your credit or debit cards;
- Check your bank statements and alert the bank immediately should there be any discrepancies or unauthorised charges;
- Do not give out your credit or debit card details to unknown persons;
- Do not reveal your One-Time Password to anyone; and
- Do not expose your credit or debit cards. Keep them in your purse or wallet until you are ready to make your purchases.
SINGAPORE POLICE FORCE
25 September 2024 @ 10:55 PM