Accused allegedly aided a criminal syndicate in transferring stolen funds.
Six individuals, aged 20 to 35, appeared in Singapore’s State Courts on 4 November 2024, facing charges related to a large-scale malware scam that enabled nearly $8 million in fraudulent fund transfers.
Authorities allege that the suspects provided bank account details to a criminal syndicate, which used them to facilitate the illegal transfers. The scam involved compromising mobile devices with malware, allowing unauthorized transactions without requiring victims’ OTPs.
The accused include Raphael Cher, 25, who faces 36 charges and is suspected of recruiting members and acting as a middleman. Jolin Ng Ee Jun, 25, is charged with abetment of cheating and aiding fund transfers through corporate accounts.
Other accused individuals face charges under the Computer Misuse Act and for facilitating the syndicate’s operations. Investigations are ongoing for additional individuals connected to the case.
Authorities warn the public to avoid downloading suspicious APK files, a common method used by scammers to infiltrate devices. Malware scams caused over $34.1 million in losses across nearly 1,900 cases in Singapore in 2023.
