The Police have arrested a 34-year-old man for his suspected involvement in a series of cheating cases.
On 6 and 7 November 2024, the Police received several reports from victims who were cheated by the man through purported investment opportunities. As part of the investment, the victims were asked to transfer money to him for the purpose of purchasing items such as SIM cards, mobile phones, televisions and furniture for his purported clients. The man had allegedly promised that these victims would be reimbursed and offered high returns for their purported investment. The victims had believed the investment to be genuine as they had initially received the high returns and made multiple transfers to the man. The victims only became aware that they have been cheated after the man did not continue to deliver the promised returns.
Through follow-up investigations, officers from Bedok Police Division established the identity of the man and he was arrested on 11 March 2025. Preliminary investigations revealed that the man is believed to be involved in at least three cases of cheating, with losses amounting to more than $50,000.
The man will be charged in Court on 13 March 2025 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.
SINGAPORE POLICE FORCE
12 March 2025 @ 11:15 PM