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Convictions. Misuse of around S$50 million of City Harvest Church's funds. The City Harvest Church criminal breach of trust (CBT) case was one of the longest criminal trials in Singapore's history. [2] Church founder Kong Hee and five other church leaders were found guilty by a District Court on 21 October 2015 of CBT by agent after ...
Ng Yu Zhi (born c. 1987), [1] also known as Ng You Zhi, [2][3] is a Singaporean alleged fraudster. The former director of Envy Global Trading, he was charged in March 2021 with running the largest Ponzi scheme [1] in the history of Singapore, worth about S$ 1.5 billion.
The accused couple are currently awaiting trial as of 2024. [47] [48] 15 August 2023: Ten Chinese foreigners were arrested for the involvement of the largest money laundering case in Singapore's history, where a total of $3 billion were seized during the investigations. All of them were given jail terms ranging from 13 months to 17 months in 2024.
Singapore's home ministry said on Friday that it will introduce a law in coming months to grant police the power to temporarily restrict the banking transactions of targets of scams who refuse to ...
The Monetary Authority of Singapore (MAS) has warned the public against an alleged scam claiming that a cryptocurrency is officially adopted by the government, according to an official statement ...
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]
On October 7, 2015, Burton Greenberg of Plantation, Florida, and Bruce Kane, an Ithaca, NY, CPA but resident of Fort Lauderdale, Florida, were arrested by the FBI for a 9-year Ponzi scheme that swindled investors out of over $10 million. The scam was operated under the name "Global Financial Fund 8, LLP".
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 ...