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Story summary
- Scam syndicates from Malaysia are increasingly using couriers for physical handovers in Singapore due to tighter banking safeguards.
- Police reports indicate criminals pressure victims to hand over cash or valuables before transferring proceeds via mules.
- In a January case, stolen funds were withdrawn from Malaysian ATMs shortly after being collected in Singapore.
- The trend is most evident in government impersonation scams where suspects pose as officials to coerce transfers.
