According to SPF, seven men were arrested across multiple locations islandwide for their suspected involvement in the transnational betting network. Early investigations suggest that the syndicate operated from outside Singapore while actively targeting local bettors through online platforms.
How the Syndicate Operated?
• Police intelligence revealed that the group lured victims through online advertisements and encrypted messaging channels. Individuals were instructed to purchase “betting credits” by transferring money into anonymous bank accounts controlled by the syndicate.
• Initially, small winnings were paid out to build trust. However, once victims attempted to withdraw larger sums, the syndicate withheld payments and claimed that bettors must “accumulate more winnings” or “deposit additional credits” before the withdrawal could be processed.
Some victims reportedly lost over S$175,000 to the scheme.
Simultaneous Raids Across Singapore?
On October 5, coordinated raids were carried out across areas including Bukit Batok, Pasir Ris, Woodlands, and Hougang. Officers from the Criminal Investigation Department (CID) and the Police Intelligence Department seized:
• Cash
• 15 bank accounts
• A luxury watch
• Multiple laptops, mobile phones, SIM cards, and digital devices
Authorities estimate the total value of seized assets to exceed S$500,000.
Arrests and Charges:
Of the seven men arrested, four Singaporeans have already been charged under the Gambling Control Act 2022 for their alleged roles in managing the illegal operation. If convicted, they face:
• Fines of up to S$500,000,
• Imprisonment of up to seven years, or
• Both, depending on their involvement level.
Global Cooperation: FBI and Meta Assist Investigation In a notable cross-border collaboration, the FBI (United States) and Meta—the parent company of Facebook and Instagram—provided key intelligence that helped Singapore track down digital footprints and communication channels used by the syndicate. This partnership underscores how remote betting syndicates increasingly rely on global digital platforms, making international cooperation essential for effective enforcement.