The allure of quick cash from gambling websites and social media ads has drawn many young people in Singapore into becoming money mules, using their bank accounts for illicit transactions. Chua Chu Kang GRC MP Don Wee raised the issue in Parliament, noting that more than 7,000 scammers and money mules were arrested last year, with many under 30.
Some recent cases include young individuals providing their bank and Singpass details to scammers for commissions, moving significant sums of money. Legal amendments are set for later this year to hold money mules more accountable and lower the threshold for proving their involvement in money-laundering offenses.