More Malaysian scammers target Singapore-based victims to pass cash, gold to ‘mules’

Malaysian scam syndicates targeting Singapore-based victims are increasingly shifting to physical cash and gold handovers via couriers and 'mule' networks, as stricter online banking safeguards reduce the effectiveness of digital fraud transfers. Police and crime experts note a rise in cross-border physical transfer schemes in recent cases. The trend signals an adaptation by criminal networks to tightened financial regulations.