A 39-year old man has been arrested in Singapore for his suspected involvement in money laundering offences linked to a business email scam-related to COVID-19.
This person was usurping the identity of a legitimate company and advertised the fast delivery of FFP2 surgical masks and hand sanitisers.A European Member State reported to Europol that one of their pharmaceutical companies had been defrauded of €6.64 million by this individual.
Once the pharmaceutical company transferred the funds to a bank in Singapore, the items were never delivered and the supplier became uncontactable.Europol immediately got in touch with the authorities in Singapore to block the payment.
The Singaporean authorities identified the man who had received the funds and subsequently arrested him on 25 March.
As reported in a recent Europol report
, criminals have been quick to seize opportunities to exploit the crisis by adapting their modi operandi or engaging in new criminal activities. Law enforcement is taking a very serious view on all those who are trying to profit from the anxieties and fears of victims throughout the crisis. Europol is working 24/7 to support police officers as they face these unprecedented challenges.
The information contained in this website is for general information purposes only. The information is gathered from Europol, while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. Through this website, you are able to link to other websites which are not under the control of CSIRT-CY. We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them. Every effort is made to keep the website up and running smoothly. However, CSIRT-CY takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.