Small American e-tailers and exporters remain a primary target for credit
card fraud schemes using Singapore as the purported ordering point and
shipping destination.  Detailed information on these fraud schemes can be
found at http://www.buyusa.gov/singapore/en/warning_credit_card_fraud.html

The orders normally range from US $5,000 to US $30,000. The “buyer” places
the order via telephone or Internet email correspondence.  The “buyer”
either splits the total purchase price between several cards or makes
several attempts (using multiple credit card numbers) to complete the
transaction. Once the transaction/credit card number(s) are accepted, the
“buyer” requests immediate air shipment. Not aware of the fraud that has
just occurred, the merchant complies with the customer’s request of an
expedited shipment to a legitimate freight forwarder in Singapore.  The
merchant will then receive a charge back from the credit card company
after the card is reported stolen.  By that time the goods have been
transshipped out of Singapore and are unrecoverable.

The FBI is working with the Singapore Police and other law enforcement
agencies in the region to combat this crime.

If you suspect that you are in receipt of a fraudulent order and would
like to verify its legitimacy, please contact us or the Commercial Service
at our Embassy in Singapore at Singapore.Office.Box@mail.doc.gov.    They
are happy to assist you in verifying the bona fides of the transaction.