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Source: SPF website.

Man arrested for series of unauthorised credit card transactions using stolen credit cards

A 46-year-old man was arrested for his suspected involvement in a series of unauthorised transactions using stolen credit cards.

Singapore Police Force (SPF) shared on Tuesday (27 November) that it received a report on 20 November from a victim who found her credit card missing at Toa Payoh Central. She later discovered several unauthorised transactions amounting to about $380/- were made on her lost credit card.

Through investigations, the identity of the suspect was established and he was subsequently arrested on 27 November 2018. A watch and a wallet, which are believed to have been purchased with the stolen credit cards, and another person’s debit card were found in his possession and seized as case exhibits.

The police said that preliminary investigation revealed that the suspect is believed to be involved in at least five other similar cases in 2018.

The man will be charged in court on 28 November 2018 with cheating under Section 420 of the Penal Code, Chapter 224. If convicted of cheating, he shall be punished with imprisonment for a term which may extend to 10 years fine, and shall be liable to a fine.

Earlier this month, the authorities also arrested four people suspected of using lost or stolen credit cards in separate cases reported in Marina Bay, Choa Chu Kang and Toa Payoh. In one case, a woman lost her wallet with several credit cards inside at a swimming pool in Toa Payoh Lorong 6. The thief was reportedly used one of her credit cards to make unauthorised purchases of more than S$6,500.

The Police reminded merchants and sales staff to exercise vigilance and adopt correct card acceptance procedures when processing credit card transactions. They should look out for the name and security features on the card face and if they are suspicious, they should contact their processing bank immediately for advice.