Man arrested after allegedly cheating victims of over $50,000 through fake investments
SINGAPORE - A 34-year-old man was arrested on March 11 for allegedly duping victims of more than $50,000 through fake investment opportunities.He was nabbed after victims filed reports in November 2024, said the police in a statement on March 12. Victims had transferred money to him believing he would use it to buy things like SIM cards, mobile phones, televisions and furniture for them, as investments.The suspect had promised his “clients” they would be reimbursed with high returns. The victims initially believed the investments to be genuine after receiving the...



