Singapore court dismisses HK woman’s suit to recover RM19.93mil loss from ‘sure-win’ scheme against casinos

The scheme sold packages promising lucrative returns from the winnings of professional gamblers playing baccarat at casinos. - PHOTO ILLUSTRATION: PEXELS via The Straits Times/ANN

SINGAPORE, April 17 (The Straits Times/ANN): A Hong Kong woman who lost millions in a Ponzi scheme that promised investors they would win money gambling against casinos, has failed in her lawsuit to recover her losses from a Singapore couple who got her to invest.

Chan Pik Sun, also known as Sandra, alleged that she invested in the SureWin4U scheme because she relied on false and fraudulent representations that induced her to spend HK$36.8 million (S$6.2 million - RM19.93 milliom) buying various packages.