Electronic transfers

S’pore man, 25, to be charged with allegedly defrauding $ 400,000 from 500 victims on Carousell – Mothership.SG

A 25-year-old man will be charged in court over his alleged involvement in e-commerce scams.

Preliminary investigations have shown that the suspect allegedly scammed more than 500 victims out of more than S $ 400,000.

Police said on October 18 that victims made several reports after paying an online seller by wire transfer and PayNow for products, but did not receive the items they paid for.

The items included gaming chairs, gaming consoles, and electronic lifestyle products, which were offered at discounted prices on the Carousell e-commerce platform.

Through follow-up investigations and working closely with Carousell, Commercial Affairs officers were able to identify the man and arrest him.

If found guilty of cheating, he can be jailed for up to 10 years and fined.

Police advice

Police said shoppers should take precautions when shopping online.

This includes opting for buyer protection by using built-in payment options that release payment to the seller only on delivery.

Police have also warned that scammers can trick buyers into contacting them directly through messaging platforms such as WhatsApp or WeChat by offering a better or faster deal if bank transfer payments are made to them directly.

They can also use a local bank account or provide a copy of an NRIC or driver’s license to try to convince victims that they are genuine sellers.

Police said, “If the price is too good to be true, it probably is. Buy only from authorized sellers or reputable sources, especially for high value items.”

Anyone with information on such scams can call the police hotline at 1-800-255-0000 or submit information online at this website.

For more information on scams, visit this website or call the Anti-Scam Hotline at 1-800-722-6688.

Top photo via Singapore Police

If you like what you read, follow us on Facebook, Instagram, Twitter and Telegram for the latest updates.

Comment here

placeholder="Your Comment">