What the release reports
Police and MOM investigated two men after a May 2019 joint operation found suspected unlicensed remittance activity and seized S$30,000 and transaction equipment.
Details and conditions
The men also faced investigation for possible employment offences. A valid pass for one job does not automatically permit an independent remittance business.
Context and follow-up
The release states possible licensing and work-pass penalties if convicted. Investigation and seized cash are not findings of guilt or proof that the entire amount was criminal profit.
Official source
This report is independently written from the MOM release dated above. Case status, policy announcements and historical figures refer to that release.
Read the complete MOM release ↗