6 teens among 18 arrested for alleged involvement in bank malware scams

Eighteen people have been arrested in Singapore for suspected involvement in a series of banking-related malware scams. Investigations revealed that 15 of the suspects had facilitated the scams by providing access to their bank accounts and credentials, with a 45-year-old male withdrawing funds from a money mule’s account. The scams compromised victims’ bank accounts through malware installed on Android devices, following the download of an Android package kit.