What happens if you might have unknowingly participated in a scam?
Throwaway account. Firstly, I know what I did was really dumb and I know in hindsight I should not have, so please refrain from such comments.
In short, I agreed to help someone online transfer money overseas (they said it is to buy merch). 2 people PayNowed me an amount ($400+ each), but the overseas transfer felt really off to me, so I said I will refund it instead. And I refunded it to another PayNow number the person who asked me to help gave me.
Now my account is frozen. I contacted the bank 2 weeks ago and they said they will investigate, and today got an update to email the police some details (name, NRIC, account etc.) and to wait for them (which I had done so).
Now, looking back, I understand why this looks really sus. I was, however, genuinely not trying to scam anyone or participate in anything fishy, it was a moment lapse in my judgement. Knowing how SG is ramping up on scam prevention, I'm genuinely quite afraid I will be charged or have to go to jail. I just graduated from poly 2 weeks ago, and have plans to move forward with my education. Does anyone who have went through similar have any insight or advice?