Five years’ jail for scam mastermind in Singapore who cheated company director of RM5.25mil

SINGAPORE (The Straits Times/ANN): Under the pretence of facilitating a loan deal, a man who was a bankrupt duped a director of three firms into handing over $1.5 million in February 2021.

Singaporean Wong Poh Kun, who masterminded the ruse, then transferred $1.25 million to an unnamed third party in Malaysia, while his accomplice kept $250,000 for his personal use.