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Malaysian Jailed for Illegally Accessing 17 GXS, MariBank Accounts Used by Syndicate

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Malaysian Jailed for Illegally Accessing 17 GXS, MariBank Accounts Used by Syndicate

A Malaysian man has been jailed for eight months for illegally accessing 17 Singapore bank accounts that handled nearly S$4 million (US$3.1 million) for a Johor-based syndicate.

Tan Kian Hoa, 28, pleaded guilty to conspiring to commit unauthorised computer access under the Computer Misuse Act, according to Channel News Asia. He was sentenced on 27 October.

The MariBank and GXS Bank accounts processed S$3,996,971 during his employment, including more than S$21,000 linked to reported scams in Singapore.

Information from MariBank helped police uncover the syndicate. Malaysian authorities raided its premises in Johor Bahru on 17 March 2026, seizing 83 phones, 45 bank tokens and a computer.

Tan joined the syndicate in September 2025 through a Facebook job advertisement. He was offered RM3,500 (S$1,090) monthly to work in Iskandar Puteri, Johor.

The syndicate handled online gambling payments, while Tan checked deposits into Singapore bank accounts registered under other people’s names.

Using phones preloaded with banking applications and login credentials, he verified transactions through an internal system called Trustpay and shared payment screenshots via Telegram.

Tan knew the operation was illegal in Malaysia and Singapore. However, his lawyer, Teo Choo Kee, maintained that he was unaware some transactions involved scam funds.

Deputy Public Prosecutor Jasmin Kaur sought eight months’ jail, citing the volume of transactions.

Tan was arrested in Malaysia on 20 July and handed over to Singapore authorities the next day.

The offence carries a maximum penalty of two years in jail, a S$5,000 fine, or both.

Featured image: Edited by Fintech News Singapore, based on image by rawpixel.com via Magnific


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