A 16-year-old was among nine people arrested for their suspected involvement in the phishing scam.
According to the police, victims had responded to advertisements on social media platforms like Facebook and were instructed by scammers to download mobile apps from third-party sites or via WhatsApp, resulting in malware being installed on their mobile devices.
"Unknown to the victims, the mobile applications, which contained the malware, enabled the scammers to access the victims’ mobile devices remotely and steal internet banking credentials, OTPs, Singpass credentials and other personal information found in the devices," said the police.
"With the stolen credentials, the scammers gained illegal access to the victims’ CPF accounts by accessing the victims’ Singpass app and bank accounts."
Source: CNA
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