Indian origin jailed in Singapore for cheating a bank relating to housing deals
Indian origin jailed in Singapore for cheating a bank relating to housing deals
SINGAPORE: An Indian-origin man was sentenced to seven years and six months’ jail for being a part of a group that duped a bank into disbursing more than SGD 5.1 million loans related to the sale of two houses here, a media report said on Tuesday.
Bijabahadur Rai Shree Kantrai, 54, was convicted of seven similar charges. Sufandi Ahmad, 44, Kok Chiew Leong, 51, Mohamed Haron Hassan, 43, and Juma’at Johari, 44, all his accomplices in the ruse were also sentenced to different terms for different counts in connection with the cheating that took place in 2013 and 2014, The Straits Times newspaper reported.
The prosecution said that the sellers of two properties – one in Saraca Terrace near Yio Chu Kang Road and another in Woodgrove Walk near Woodlands Street 41 – had paid SGD 7,64,000 in cash back.
