Tag: Mathana Raaj Singh

Business

Indian-Origin Teen In Singapore Charged For Cheating On Bank, Money Laundering

The accused helped unknown persons launder money amounting to SGD 249,000, according to report.Singapore: An Indian-origin teenager was on Friday charged with one count of cheating and one count of abetting an unknown person to secure unauthorised access to a bank's computer system which laundered money amounting to more than SGD 249,000, according to a media report.Mathana Raaj Singh engaged in a conspiracy to cheat UOB Bank by deceiving the bank into believing that he was the sole operator of the bank account that he had opened in May last year, reported The Straits Times newspaper.The UOB account he opened was then allegedly used by scam syndicates to launder criminal proceeds of more than SGD 249,000.Singh, 19, then allegedly gave his i-banking login credentials to an unknown person...