Jail for ex-pawnbroker who took customers' items, pawned them at other shops to keep business afloat

As her pawnbroking business has not been doing well since 2011 due to competition, FunShe also instigated her husband to do the sameFun was sentenced to 18 months and two week's jail for five counts of unauthorised pawning of goods under the Pawnbrokers Act

Ten other similar charges, including three for abetting her husband to pawn the goods, were taken into consideration during sentencing. At the time, the poor business outlook led Fun to take the pledges of some of her customers and pawn them without authorisation under her own name at third-party pawnshops to generate some money.

Ministry of Law prosecutor Benjamin Yim said that for all 15 charges, the amount that Fun received was S$711,670. RSM later confirmed their suspicion when they discovered that 346 pawn tickets for the pledges involved were allegedly further pawned by Fun or her husband at 12 third-party pawnshops.

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Ex-pawnshop owner gets more than 18 months' jail for pawning customers' items under her name to keep business afloatSINGAPORE — As her pawnbroking business was not doing well due to her competitors, Fun Sho Mei, 65, decided to pawn her customers' pawned goods, which were still redeemable, to other pawn shops under her own name.
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