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Over 3,000 Arrested in Singapore-Led Global Anti-Scam Operation

5 hours ago WikiForex

The Singapore Police Force and authorities from nine other jurisdictions have completed a major anti-scam crackdown that resulted in more than 3,000 arrests linked to global scam losses of about US$752 million.

The operation, called Operation FRONTIER+ III, was conducted between March and May 2026 with participation from Singapore, Hong Kong, Malaysia, Thailand, Indonesia, Macau, South Korea, Brunei, the Maldives and Canada.

Authorities investigated over 7,500 suspects connected to more than 138,000 scam cases. Nearly 102,000 bank accounts were frozen and over US$161 million in illegal funds was seized.

In Singapore, more than 130 people were arrested and S$34.9 million was seized.

One case involved scammers impersonating a company chairman and convincing a Singapore-based CEO to transfer US$36.3 million for a fake acquisition deal. Part of the funds was later recovered with the help of Hong Kong authorities.

The FRONTIER+ initiative aims to strengthen cross-border cooperation against international scam syndicates through intelligence sharing and coordinated enforcement actions.

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