Singapore is stepping up its fight against scam syndicates with new measures to block repeat offenders from accessing critical banking and telecommunications services.
The joint initiative, announced on 17 September by the Singapore Police Force, the Monetary Authority of Singapore, the Infocomm Media Development Authority and the Government Technology Agency, will target so-called “scam mules” who provide their bank accounts, mobile lines and other facilities to criminal groups, claims CNA.
Authorities stressed that these restrictions are essential to cutting off resources scammers rely on. “The success of scam syndicates hinges on local persons providing their bank accounts, mobile lines and other essential facilities to the syndicates. We have to restrict scammers’ access to these facilities, to disrupt their operations and protect the public,” the authorities said.
The crackdown comes amid a surge in fraud cases. In the first half of the year alone, more than 19,600 scam cases were reported in Singapore, with victims losing S$456.4m (US$357m). Authorities also revealed that nearly 15% of telephone subscribers whose lines were exploited for scams this year were repeat offenders, with more than 11,000 lines tied to such activities.
Under the new facility restriction framework, scam mules may be barred from using banking services that enable the movement of illicit funds. This includes card-based transactions, ATM withdrawals and online banking through internet or mobile platforms. Access to Singpass accounts could also be curtailed, preventing individuals from using the national authentication system to open bank accounts or register for other high-risk services.
Additionally, offenders may be banned from subscribing to new mobile phone lines and face restrictions on existing Corppass accounts, which allow businesses to manage digital transactions. Authorities emphasised that restrictions will be applied based on the severity of the risk posed by the individual, with allowances made for basic financial and communication needs.
Those previously warned, fined, prosecuted or convicted for mule-related offences will fall within the scope of these restrictions. They may also be imposed on suspects currently under investigation who are deemed at risk of further facilitating scams.
The measures will be implemented gradually from October, beginning with restrictions on banking access and prohibitions on new mobile subscriptions. Affected individuals will be formally notified by police, who will also handle appeals.
Alongside the restrictions, new sentencing guidelines have been issued recommending tougher penalties for scam-related offences. “Mules will face more severe penalties, including imprisonment,” the authorities said.
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