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Teenagers lured by ‘fast cash’ among 9 people to be charged with disclosing Singpass, banking details

Nine people are facing charges in Singapore after their personal information was used to launder funds resulting from crime. Several cases involved teenagers seeking out “fast cash” on social media platforms, who opened bank accounts and disclosed their internet banking details, which were subsequently used to launder money. Meanwhile, providing Personal Access Code of Singapore (Singpass) credentials will result in up to three years of jail time and a fine of S$10,000 for first time violations.

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