2 men fined over illegal scheme leading to withdrawal of $32,000 from CPF account
The Straits Times - Singapore·2021-06-30 21:01
SINGAPORE - Two men exploited an option to make investments using Central Provident Fund (CPF) monies, withdrawing more than $32,000 in an illegal scheme over a period of more than two years.
Samuel Chen Zhihao, 37, and Raymond Wong Tuck Wai, 38, were fined on Wednesday (June 30) after they each pleaded guilty to two charges of fraud under the CPF Act.
……Read full article on The Straits Times - Singapore
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jin boh eng 01/07/2021
amount involved was not huge not worth d effort. can be easily tracked down..
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冠名真大 光明磊落 01/07/2021
fine higher lah
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Roy Roy4862 05/07/2021
cpf money not that easy to withdraw you think. public theme self can't withdraw you think that you very smart. you see what happen now. this is singapore done tired next time.
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