Two men charged over suspected involvement in banking-related malware scams

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An array of items, including cash amounting to more than $25,000, were seized. Read more at straitstimes.com.

An array of items were seized, including cash amounting to more than $25,000, 15 luxury watches, and gold comprising 34 bars.

The police said on Friday that between June and September 2023, they received multiple reports on such banking-related malware cases, which typically involved unauthorised transactions from victims’ bank accounts even though they did not divulge their one-time passwords to anyone. An iPad, five mobile phones and cryptocurrency amounting to more than $240,000 were also seized during the operation.

 

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