Fraudster raised USD15.3 million through invoice finance scam
A fraudster created fictitious invoices and delivery orders and used them to apply for financing of older invoices.
Singapore's Deputy Prime Minister and Finance Minister, Tharman Shanmugaratnam has emphasised that keeping SMEs thriving in Singapore is a way of achieving an inclusive society.
SMEs in Singapore are now redirecting their resources to the local market for growth, according to a recent survey by the DP Information Group.