Singapore Woman Sentenced to Five Years and Two Weeks for Acting as Money Mule in Pig Butchering Scams

A Singaporean woman was jailed for facilitating scam after allowing others to use her bank account to receive over S$139,000 in exchange for payment.

The 29-year-old Singaporean woman who got jail is Siti Aminah Rasit. In 2024, she befriended a stranger on the social media platform TikTok. The individual claimed to be a cryptocurrency trader and offered Siti an opportunity to become a “credit cashier.”

Siti initially declined the offer, but when the individual re-approached her in March 2025, she accepted. She received a monthly payment of S$5,000 for using her bank account to receive funds from “clients.”

Investigations revealed that Siti's bank account received about S$139,000 in total, with S$33,750 of that amount being fraudulently obtained.

On March 13, a 57-year-old victim of a “pig butchering” scam reported the incident to police. Investigations revealed the victim's funds had been transferred to Siti's bank account.

After police froze the first account, Siti provided additional bank accounts to the fraudsters, receiving over S$20,000. She also used these funds to purchase cryptocurrency for them.

On April 11, Siti was arrested by Singapore police and soon charged in court. Finally, she was sentenced to five years and two weeks in prison.

BrokersView reminds you

The existence of “money mules” makes it difficult for fraud victims to recover funds and for investigators to identify fraudsters.

Exercise extreme caution when receiving transfer requests from strangers or online friends. Even for investment platforms recommended by others, verification of regulatory status remains crucial to avoid falling victim to scams.

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