🇸🇬 Singapore Woman Scammed Out of $1 Million in Crypto Fraud

AI Summary:

A woman in Singapore has reportedly lost over 1.3 million SGD (~ USD 1.01 million) in a cryptocurrency investment scam since May 2025.

A 23-year-old man was arrested at Woodlands Checkpoint on June 20 while attempting to flee the country. The investigation began after a bank staff member alerted authorities when the woman tried to withdraw a large sum, suspecting she was being scammed.

Before police intervened, she had already withdrawn and handed over 300,000 SGD in cash to the suspect in exchange for cryptocurrency. Authorities confirmed this was part of a larger ongoing scam. #CryptoClause #scam