😨 Four, including 16-year-old, charged for using Sheng Siong teller machines for money laundering
Four males, including a 16-year-old, were charged with using Sheng Siong’s simple teller machines ($TM) to launder money via PayNow QR codes linked to compromised accounts. The suspicious activity triggered system shutdowns and arrests, with over $50,000 involved.
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when people ask for favour to say they run out of cash unable to go atm. pay you electronically an amount and you give cash. no no do. they may be real. but it is their visit to atm only. but if they are part of money laundry you get yourself into trouble for nothing.
those with money rewards are worse. more likely to run into problem with law.
Many Malaysians work there. The mastermind is very familiar with how their atms work.
Those evil scammers and house-breaking shd be rotan plus jail. Laws shd be changed as a deterrence. They knew our jail sentence is like an holidays camp. Well fed, good sleep and medically taken care of. Oppositions shd bring this up in Parliament. We cannot be too lenient to such criminals.
Up to now, still no clarification by NTUC chief with the Chinaman money launderers
I suppose many stuffs are swept under the carpet
SG law should just empty these people's bank account and whatever under their name asset for 2-5 years (depending on the size of laundry). These funds will be place into a public fund to help those needy. they cannot apply any debit/credit cards. only with heavy fines, then things will work just like the great old LKY days. Unfortunately, SG law are paving ways to allow the rich to get richer through some unlawful ways.
Known as simple teller machines ($TM), the ones at Sheng Siong differ from other ATMs as they generate a PayNow QR code which can be scanned to authorise dispensing of cash.
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Watched the youtube on this "simple" machine
Log into handphone Digi Bank (No need to use ATM card at all )
and SS ATM generates QR Code to get cash
I am still blur, leh! How scammers got Digi Bank details??
(27-06-2025, 12:51 PM)Bluebull Wrote: [ -> ]Up to now, still no clarification by NTUC chief with the Chinaman money launderers
I suppose many stuffs are swept under the carpet
In both these instances, the authorities did not nail down the Kingpin. One is within reach of their daily circle of friends while the other is, to my guess also a circle of circles.