Myanmar's Rohingya crisis has escalated over the past three weeks, with the United Nations estimating more than 400,000 Rohingya Muslims having fled the hostility in Rakhine to Bangladesh.
If convicted, the suspects may be jailed for up to seven years in jail and fine of up to three times the amount pocketed. There will be an additional fine of up to S$10,000 as well.
Halimah Yacob, a former speaker of parliament from the Muslim Malay minority, will become Singapore's first female president when she is sworn in Thursday as the city's eighth head of state.
A High Court Judge presiding over a rape case in Singapore set a social example by criticizing "disrespectful" comments made on the Internet about the victim.