Two men have been arrested in connection with a scam involving compromised Singpass accounts and the creation of fraudulent LiquidPay e-wallets. Authorities discovered these accounts received over $110,000 generated from illicit activities. The scam exploited vulnerabilities to access and misuse Singpass, Singapore’s national digital identity system. LiquidPay, a digital payment platform, was then utilized to receive and potentially launder the funds obtained through fraudulent means. Investigations are ongoing to determine the full extent of the scam and identify any additional individuals involved. This case highlights the escalating risks of digital fraud and the importance of securing personal digital credentials. Police are urging the public to remain vigilant against phishing attempts and to regularly review their Singpass account activity.

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