an investment scam involving foreign currency exchange.Wu Hong, 41, scammed two people out of more than S$2.1 millionby offering fictitious investment schemes to provide Chinese tourists with Singapore currency for their spending here, particularly for gambling in casinos.Tam Kwong Yoeng was suckered into giving her more thanfor her own expenses and did not make any restitution to the victims.
Choon Heong had initially declined to invest as she had no money but Wu Hong convinced her to rope in friends.$186K respectively to invest with Wu Hong. The actresses, who testified in court, said Wu Hong counted the cash swiftly when they met at Choon Heong’s home to pass her the money between November and December 2019.
Both Kwong Yoeng and Choon Heong said they trusted Wu Hong, but the former grew suspicious when she evaded him. He filed a police report against Wu Hong in 2018, while Choon Heong alerted the police in February 2020.thanked everyone for their concern and said she would like toRelated topics
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