SINGAPORE – A person was arrested for allegedly stealing money amounting to $50,000 from a sufferer during a meeting to purchase cryptocurrency late at night time on June 21.
In accordance to the police, who have been alerted to a case of theft in New Higher Changi Highway at 11.55pm that day, the sufferer had organized to meet the suspect to purchase USDT cryptocurrency amounting to $100,000.
Whereas making ready to hand the cash over to the suspect, the sufferer had positioned a portion of the money on a bench, the police stated in a press release on June 23.
The 25-year-old suspect then allegedly grabbed $50,000 value of the money positioned on the bench and fled the scene.
Cops arrested the suspect after establishing his identification with footage from police and CCTV cameras, and recovered money amounting to $7,450.
The suspect is anticipated to be charged with the offence of theft on June 24. If discovered responsible, he could be jailed for up to three years, fined, or each.
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