Jail for man who got 25 people to transfer S$1.28mil to him for ‘investments’


SINGAPORE (The Straits Times/Asia News Network): A former financial consultant was sentenced to three years and 11 months’ jail on Monday (Sept 4) after he used fictitious investment opportunities to cheat 25 people.

Ong Ka Yong, 36, who received bank transfers totalling S$1,275,500 from them to his account, had pleaded guilty to 11 counts of cheating in August.

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Singapore , court , investments , cheat

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