Two men charged over suspected involvement in banking-related malware scams

Two men in Singapore were charged in connection with a banking-related malware scam. Jerry Chua Zhen Shen (32) and Png Kok Wah (56) were each charged with one count of acquiring cash believed to be from criminal activity. After multiple reports of unauthorized bank transactions, a police operation resulted in their arrests and the seizure of various items. Six bank accounts, totalling roughly $112,500, were frozen to prevent any further misuse.