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An Indonesian man was jailed for seven months for attempting to deposit a fake $10,000 Singapore note in August 2025.
A 22-year-old Indonesian man was sentenced to seven months in jail for trying to deposit a counterfeit Singapore $10,000 note into his uncle’s bank account in Singapore.
The fake note, obtained from his girlfriend in May 2025, was rejected by money changers in Indonesia before he attempted the deposit in August.
A bank officer in Clementi flagged suspicious features, leading to his arrest and the note’s confirmation as counterfeit by Singapore’s Monetary Authority.
Despite a 27.6% drop in scam cases and a 17.9% decrease in losses to S$913.1 million in 2025, officials warn scams remain a major threat, with government impersonation scams rising sharply.
Un hombre indonesio fue encarcelado durante siete meses por intentar depositar un falso billete de 10.000 dólares de Singapur en agosto de 2025.