The Police have arrested a 29-year-old man for his suspected involvement in using a credit card belonging to another person to make unauthorised retail purchases amounting to more than $18,000.
On 16 March 2019, the Police were informed by a victim that there were several unauthorised transactions made with his missing credit card. Through follow up investigations, officers from the Commercial Affairs Department established the identity of the man and arrested him along Temasek Boulevard on 21 March 2019. Preliminary investigations revealed that the man is believed to have picked up the victim's credit card which he had accidentally left behind at an AXS machine along Yishun Ave 2. The man then used the found credit card to make the unauthorised transactions. Several pieces of jewellery, electrical items and watches, which were believed to have been purchased using the victim's credit card, as well as cash amounting to $1,000, were seized as case exhibits.
The man will be charged in court on 22 March 2019. Any person who is convicted for dishonest misappropriation of property shall be punished with a jail term which may extend to 2 years or a fine, or with both. Any person who is convicted for cheating shall be punished with imprisonment for a term which may extend to 10 years, and shall also be liable to a fine.
The Police would like to advise all credit/debit card holders to call their card-issuing banks immediately if their credit/debit cards are lost or stolen, and to adopt the following measures to prevent unauthorised use of their cards:
Opt for SMS OTP verification for purchases or charges to your credit / debit cards;
Opt for an SMS to be sent to your handphone for any charges incurred on your credit / debit card;
Check bank statements and alert the bank immediately should there be any discrepancies or fraudulent charges; and
Do not give out your credit / debit card details to strangers.
The Police would also like to take this opportunity to remind 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 should contact their processing bank immediately for advice if they detect anything suspicious.
Source: Singapore Police Force