SINGAPORE, Nov. 26 -- A Malaysian man has admitted to participating in a Sarawak-based criminal syndicate that harvested Singapore bank accounts for illegal use by online gambling operators.

According to CNA, Tan Kang Yung, 34, who was heavily in debt to loan sharks, was first recruited as a money mule and later became a handler of other mules, guiding them in opening accounts in Singapore.

Over six months, the syndicate gained control of 70 newly-opened accounts across seven banks, with more than S$837,000 (RM2.6 million) flowing through them.

Nearly S$43,000 was linked to reported scams in Singapore.

Tan pleaded guilty on Wednesday (November 26) to multiple charges, including cheating and offences under the Computer Misuse Act, beco...