Wong Chun Hou faces two charges—one for possessing and one for attempting to possess property believed to be criminal proceeds.
The alleged offences occurred on 8 July. Court documents state that Wong was found with S$5,000 and was trying to collect an additional S$75,000 when arrested.
Police say the funds are connected to a scam reported on 24 June by a female victim, who was tricked into handing over S$90,000 on two occasions. She believed the money was going toward topping up an online investment account, which turned out to be fake.
Wong was arrested by officers from Ang Mo Kio Police Division while allegedly attempting to collect more money from the same victim. He is also accused of receiving S$5,000 from another victim in a separate case.
If convicted, Wong could face up to three years in jail, a fine of up to S$150,000, or both. His case has been adjourned and will resume on 7 August.
Police reiterated their zero-tolerance stance toward money mule activity. They warned the public to steer clear of schemes promising fast, easy profits and not to share Singpass credentials or bank accounts with others.
Scam losses in Singapore surged to S$1.1 billion in 2024, with cryptocurrency scams accounting for nearly 25%—a sharp rise from 6.8% the year before. A total of 51,501 scam cases were reported, up from 46,563 in 2023.
