SINGAPORE: A 54-year-old man was charged on Thursday (June 23) with possession of money believed to be the “profit of criminal conduct”, Singapore Police (SPF) said.
A total of S$28,500 was found in two bank accounts belonging to Danny Lim Kok Tiong, who now faces two charges of possessing property suspected of being the proceeds of criminal conduct.
Lim’s bank accounts appeared to be “used by criminals to launder proceeds of crime from package scams”, police said.
Lim was also accused of falsifying an invoice for the purpose of cheating. He is accused of submitting this invoice to money transfer agents when sending money abroad.
The SPF said a victim, who filed a report on August 12, 2021, was tricked by an “online friend” into transferring S$10,000 to a bank account.
Preliminary police investigations revealed that the victim had befriended a stranger on social media.
“Within a month of meeting this person online, she was promised that she would receive a package containing cash and jewelry from her friend,” police said.
The victim then received messages that appeared to be from a delivery company regarding his package.
The messages said the package had arrived at customs and asked the woman to pay S$10,000 so that her package would not be investigated for money laundering, police said.
The victim did as he was told. “She only found out she had been cheated on when police officers contacted her,” police said.
The bank account belonged to Lim.
Police also discovered that an additional S$18,000 had been transferred to Lim’s other bank account by another scam victim.
If found guilty of the first two charges against him, Lim could be jailed for up to three years, fined up to S$150,000, or both.
Tampering with the intent to cheat is punishable by up to 10 years in prison, a fine, or both.