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[10] Two days after his sentencing, the ICA confirmed that Su would be deported after his release from prison and also be banned from re-entering Singapore. [11] 4 April 2024-41-year-old Su Haijin pleaded guilty to one charge of resisting arrest and two money laundering charges. He was also the second of the 10 accused to plead guilty.
The Singapore Police has taken action against transnational crime syndicates on its own or in combined operations with the Royal Malaysia Police: Thirteen transnational scam syndicates with the arrest of more than seventy persons (2022). [61] Home rental scams that incurred $1.3 million losses from 480 victims (2023). [63]
Ng Yu Zhi (born c. 1987), [1] also known as Ng You Zhi, [2] [3] is a Singaporean alleged fraudster. The former director of Envy Global Trading, he was charged in March 2021 with running the largest Ponzi scheme [1] in the history of Singapore, worth about S$ 1.5 billion.
The Bank of England refused to advance money, and it collapsed. The directors were sued, but exonerated from fraud. Friedrich Krupp. Germany. 1873. Steel, metals. Krupp's business over-expanded, and had to take a 30m Mark loan from the Preußische Bank, the Bank of Prussia . Danatbank. Germany.
1860s. Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book The Notorious Mrs. Clem: Murder and Money in the Gilded Age, was the first-ever Ponzi scheme. [ 1][ 2] In Munich, Germany, Adele Spitzeder founded the "Spitzedersche Privatbank" in 1869, promising an interest rate of 10 percent per month.
Job hunters, consumers trying to dig themselves out of debt and those desperate to earn some extra money on the side were frequent victims of fraudsters, hackers and dishonest businesses in 2010 ...
29 May 2010: In a case known as the 2010 Kallang slashings, four Malaysians from Sarawak – 21-year-old Micheal Garing, 31-year-old Tony Anak Imba, 20-year-old Hairee Landak and 19-year-old Donny Meluda – committed a series of armed robberies, causing three victims to sustain serious injuries. They also targeted their fourth victim, 41-year ...
Misuse of around S$50 million of City Harvest Church's funds. The City Harvest Church criminal breach of trust (CBT) case was one of the longest criminal trials in Singapore's history. [ 2] Church founder Kong Hee and five other church leaders were found guilty by a District Court on 21 October 2015 of CBT by agent after misappropriating some S ...