These are the first convictions in the Wirecard scandal that brought down the German payment processor.
June 21, 2023The trader would sell the securities to his relatives before buying them back at higher prices using his employer's accounts.
April 27, 2023Kenneth Goh pleaded guilty to creating a false appearance in the market 325 times, deceiving two brokers, and making false statements in Telegram chat groups.
December 21, 20224 were arrested over phishing scams targeting bank customers, and another 13 as part of a joint operation with Malaysian police.
August 25, 2022Phishing scams involving the impersonation of bank employees have increased from 149 cases in 2020 to 1,021 cases last year.
May 24, 2022While banks have been supporting the police's Anti-Scam Centre for the past three years, only DBS currently has staff physically located inside the centre.
April 6, 2022In a four-day operation last week, the police and five banks intervened in 150 scam cases, which resulted in the arrests of 35 individuals.
March 31, 2022The false statements were used to induce investors to trade listed securities. SGX has previously warned about the use of Telegram chat groups in “pump and dump” schemes.
February 10, 2022On instructions from a man she met online, a secretary of a law firm opened bank accounts that were used to receive funds stolen from a Botswana bank.
October 11, 2021Malicious actors gained access to the systems of overseas telecom operators to divert SMS OTPs and authenticate fraudulent card transactions.
September 16, 2021