10 people arrested for suspected involvement in malware scams

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10 people arrested for suspected involvement in malware scams
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Islandwide operations were mounted between July 10 and 14. Read more at straitstimes.com.

SINGAPORE – Six men and four women, aged between 16 and 41, have been arrested for suspected involvement inAnother 12 men and seven women, aged between 19 and 61, are assisting in the investigations, the police said on Saturday.

In these cases, victims responded to advertisements on social media platforms. They were told to download an installation file to an Android application from a third-party app store to buy the item or service.Scammers call or text victims to turn on accessibility services on the phone. This weakens the device’s security, allowing scammers to record every keystroke and steal banking credentials stored in the phones.

Preliminary investigations revealed that two men and three women, aged between 18 and 41, allegedly facilitated the scams by relinquishing their bank accounts or Internet banking credentials for monetary gains. The other three men and a woman, aged between 16 and 31, are believed to have withdrawn money from money mules’ bank accounts and handed it to unknown persons.

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