2 suspects caught in FairPrice vouchers scam
Posted: 20 November 2011 1052 hrs <LINK rel=image_src href="http://www.channelnewsasia.com/imagegallery/store/phpLSCrja.gif">
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SINGAPORE: Police have arrested two suspects for buying S$500,000 worth of NTUC FairPrice vouchers with a dishonoured cheque and advised the public not to fall prey.
The men, aged 19 and 22, were caught on Saturday in the vicinity of Hougang Street 91 and Bukit Batok East Avenue 4.
They had allegedly paid for the vouchers with a cheque on Thursday.
NTUC FairPrice learnt from the bank that the cheque had bounced as the signature did not match and there were insufficient funds in the account.
When the supermarket chain alerted all its branches and voided the series of vouchers, a substantial portion of vouchers believed to be worth about S$15,000 had been utilised.
Police, who were informed on Friday, quickly established the identities of the two suspects and arrested them the next day.
Officers found unused vouchers worth at least S$484,000, as well as cigarettes, liquor and electrical products that the suspects are alleged to have bought with the vouchers.
The two suspects will be charged in court on Monday.
Police have advised the public to be wary of buying vouchers or any products from unknown or dubious sources as it is an offence to procure stolen goods.
Those who have FairPrice vouchers bearing the serial numbers 607379330 to 607404329 have to hand them over at any police station.
Anyone caught receiving or retaining stolen goods can be punished with jail term of up to five years, or fined, or both.
NTUC FairPrice apologised for the inconvenience caused and will assist customers who are affected.
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Posted: 20 November 2011 1052 hrs <LINK rel=image_src href="http://www.channelnewsasia.com/imagegallery/store/phpLSCrja.gif">
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Unused NTUC vouchers together with cigarettes, liquor and electrical products the suspects had purchased using the stolen vouchers. (Photo: Police) | ||||||
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SINGAPORE: Police have arrested two suspects for buying S$500,000 worth of NTUC FairPrice vouchers with a dishonoured cheque and advised the public not to fall prey.
The men, aged 19 and 22, were caught on Saturday in the vicinity of Hougang Street 91 and Bukit Batok East Avenue 4.
They had allegedly paid for the vouchers with a cheque on Thursday.
NTUC FairPrice learnt from the bank that the cheque had bounced as the signature did not match and there were insufficient funds in the account.
When the supermarket chain alerted all its branches and voided the series of vouchers, a substantial portion of vouchers believed to be worth about S$15,000 had been utilised.
Police, who were informed on Friday, quickly established the identities of the two suspects and arrested them the next day.
Officers found unused vouchers worth at least S$484,000, as well as cigarettes, liquor and electrical products that the suspects are alleged to have bought with the vouchers.
The two suspects will be charged in court on Monday.
Police have advised the public to be wary of buying vouchers or any products from unknown or dubious sources as it is an offence to procure stolen goods.
Those who have FairPrice vouchers bearing the serial numbers 607379330 to 607404329 have to hand them over at any police station.
Anyone caught receiving or retaining stolen goods can be punished with jail term of up to five years, or fined, or both.
NTUC FairPrice apologised for the inconvenience caused and will assist customers who are affected.
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