Singaporean authorities, in collaboration with OCBC Bank, froze 300 bank accounts linked to scammers and seized $1.8m in an operation targeting money mule accounts and suspicious transactions.

Singaporean authorities, in collaboration with OCBC Bank, froze 300 bank accounts linked to scammers and seized $1.8m. The operation, conducted between May and August, targeted money mule accounts and suspicious transactions, as scam cases surged by 46.8% in 2023. Authorities urged the public to report any suspicious activities to prevent scam-related crimes.