Singapore considers an AML law for ‘victims’ of cybercrime

It's human to feel for someone who reports their digital identity was stolen for financial crimes but sometimes the supposed victim was in on the scam.

Singapore is writing legislation that that would treat those people like cybercriminals the same as people organizing online fraud that misuses Singpass digital IDs.

There already are at least two anti-money laundering (AML) laws on the books that address witting accomplices, but they require the government to prove the little fish in the …

aml biometrics biometrics news civil crimes cybercrime cybercriminals digital digital id financial financial services fraud human identity ids kyc law legislation national id online fraud people reports scam singapore singpass stolen victim writing