Jail for gambling syndicate member who used earnings to fake CPF contributions for home loan

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

Kiegan Tan Ming Ren, 32, was given 17 months' jail and a fine of S$60,000, after pleading guilty in December to five charges under the Remote Gambling Act and Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act.

to fake Central Provident Fund contributions for a home loan was sentenced on Wednesday .

He told co-accused Tan Chee Sheng that he was looking for work and accepted a role in the latter's illegal remote gambling syndicate, collecting 4D and TOTO bets on his behalf. He initially got a commission of 10 per cent from all bets he received, and an additional 5 per cent of the winning amount if the bet won.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines