Man Arrested For Series Of Unauthorised Credit Card Transactions Using Stolen Credit Cards

The Police have arrested a 46-year-old man for his suspected involvement in a series of unauthorised transactions using stolen credit cards.

On 20 November 2018, the Police received a report from a victim who found her credit card missing at Toa Payoh Central. She later discovered several unauthorised transactions amounting to about $380/- were made on her lost credit card. Through investigations, the identity of the suspect was established and he was subsequently arrested on 27 November 2018. A watch and a wallet, which are believed to have been purchased with the stolen credit cards, and another person’s debit card were found in his possession and seized as case exhibits. Preliminary investigation revealed that the suspect is believed to be involved in at least five other similar cases in 2018.

The man will be charged in court on 28 November 2018 with cheating under Section 420 of the Penal Code, Chapter 224. If convicted of cheating, he shall be punished with imprisonment for a term which may extend to 10 years fine, and shall be liable to a fine.

The Police would also like to remind merchants and sales staff to exercise vigilance and adopt correct card acceptance procedures when processing credit card transactions. They should look out for the name and security features on the card face and if they are suspicious, they should contact their processing bank immediately for advice

Source: Singapore Police Force