On Aug. 19 – 20, six men and 12 women, aged between 16 and 47, have been arrested for cheating offences related to the on-going Multiple Payment Online Purchase (MPOP) scam.
Victims of the MPOP scam are usually tricked into responding to online advertisements selling items at attractive prices. The scammer would require the victim to make payment via a bank transfer or remittance. However, when the money is transferred, the scammer would request for further payments with excuses such as balance payment and customs fees.
The amount transferred by the victim usually goes to a mule’s account. These money mules are recruited by scammers through social network sites.
Investigations against the suspects are underway. If convicted, they will each be subjected to various punishments depending on their offences. These include imprisonment and fines.
Read Also: E-commerce scams most serious crime in first half of 2014
On Aug. 19 – 20, six men and 12 women, aged between 16 and 47, have been arrested for cheating offences related to the on-going Multiple Payment Online Purchase (MPOP) scam.
Victims of the MPOP scam are usually tricked into responding to online advertisements selling items at attractive prices. The scammer would require the victim to make payment via a bank transfer or remittance. However, when the money is transferred, the scammer would request for further payments with excuses such as balance payment and customs fees.
The amount transferred by the victim usually goes to a mule’s account. These money mules are recruited by scammers through social network sites.
Investigations against the suspects are underway. If convicted, they will each be subjected to various punishments depending on their offences. These include imprisonment and fines.
Read Also: E-commerce scams most serious crime in first half of 2014