Bond for CHEATING CASES is really peanuts.
Cheat $250,000, bail is only $40,000, and for victims, so far only $500 repaid.
Shouldn't the bond be based upon the amount of swindled $$$ remaining unrepaid?
One wonders, how he has access to $40k as bond when he only bothered to repay $500.
Minimum bond for cheating cases ought to be roughly the amount cheated or more, depending on the estimate weight/ credibility of defence that the defendant can put up, but reduced if defendant makes restitution to those he defrauded.
At least, this way, justice can be served if victims are compensated for their losses to the maximum possible extent.
Restitution is a big and significant part of justice, no?
Law in Singapore is really a circus show.
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Man admits using ruse to swindle women
Peter Aw Boo Cheong, 47, who is out on $40,000 bail, is expected to be sentenced on Tuesday for cheating six women.
Peter Aw Boo Cheong, 47, who is out on $40,000 bail, is expected to be sentenced on Tuesday for cheating six women.
PUBLISHED 22 Feburary 2019.
Shaffiq Alkhatib
A woman who was cheated of more than $68,000 in 2016 by her then boyfriend found out last year that she was not his only victim.
The man, Malaysian Peter Aw Boo Cheong, 47, admitted to 14 counts of cheating involving nearly $250,000 on Nov 28 last year.
After reading the report about Aw's case in The Straits Times, the 50-year-old Singaporean woman made a police report two days later.
Yesterday, Aw, who is jobless, pleaded guilty to three counts of cheating involving $57,250. The woman was one of his six victims.
Police investigations showed that Aw, a Singapore permanent resident, and the woman started a romantic relationship after meeting on dating platform Tinder in 2016.
Aw called himself "Daniel" and claimed that he was an experienced silver trader.
He told the woman about an "investment opportunity" which he claimed would reap high profits.
Said Deputy Public Prosecutor Tan Hsiao Tien: "In the accused's dealings with the victim, he led her to believe that he was a credible and trustworthy person who had valuable information about investment, and would help her to invest in silver, in her best interests.
"In fact, the accused was never a trader and had never invested in foreign currencies and commodities. The accused did not use any of the monies for the purported investment."
Aw's bogus investment pitch led to the woman handing over $68,250 to him between May and June 2016.
He used a similar method to cheat five other women between August 2016 and July 2017.
Four of the victims were Singaporeans while the fifth was an Indonesian living in Singapore.
They were aged between 39 and 48 years.
Aw has so far made a restitution of $500.
DPP Tan told the court that Aw has a history of committing similar offences and urged District Judge Chay Yuen Fatt to sentence him to at least five years' jail.
The court also heard that Aw had served 14 months' jail in 2013 after cheating four women of $55,000. He had met them on dating websites.
Aw, who is out on $40,000 bail, is expected to be sentenced on Tuesday for cheating the six women.
For each count of cheating, he can be jailed for up to 10 years and fined.
A version of this article appeared in the print edition of The Straits Times on February 22, 2019, with the headline 'Man admits using ruse to swindle women'. Print Edition | Subscribe
https://www.straitstimes.com/singapore/courts-crime/man-admits-using-ruse-to-swindle-women
Cheat $250,000, bail is only $40,000, and for victims, so far only $500 repaid.
Shouldn't the bond be based upon the amount of swindled $$$ remaining unrepaid?
One wonders, how he has access to $40k as bond when he only bothered to repay $500.
Minimum bond for cheating cases ought to be roughly the amount cheated or more, depending on the estimate weight/ credibility of defence that the defendant can put up, but reduced if defendant makes restitution to those he defrauded.
At least, this way, justice can be served if victims are compensated for their losses to the maximum possible extent.
Restitution is a big and significant part of justice, no?
Law in Singapore is really a circus show.
==================
Man admits using ruse to swindle women
Peter Aw Boo Cheong, 47, who is out on $40,000 bail, is expected to be sentenced on Tuesday for cheating six women.
Peter Aw Boo Cheong, 47, who is out on $40,000 bail, is expected to be sentenced on Tuesday for cheating six women.
PUBLISHED 22 Feburary 2019.
Shaffiq Alkhatib
A woman who was cheated of more than $68,000 in 2016 by her then boyfriend found out last year that she was not his only victim.
The man, Malaysian Peter Aw Boo Cheong, 47, admitted to 14 counts of cheating involving nearly $250,000 on Nov 28 last year.
After reading the report about Aw's case in The Straits Times, the 50-year-old Singaporean woman made a police report two days later.
Yesterday, Aw, who is jobless, pleaded guilty to three counts of cheating involving $57,250. The woman was one of his six victims.
Police investigations showed that Aw, a Singapore permanent resident, and the woman started a romantic relationship after meeting on dating platform Tinder in 2016.
Aw called himself "Daniel" and claimed that he was an experienced silver trader.
He told the woman about an "investment opportunity" which he claimed would reap high profits.
Said Deputy Public Prosecutor Tan Hsiao Tien: "In the accused's dealings with the victim, he led her to believe that he was a credible and trustworthy person who had valuable information about investment, and would help her to invest in silver, in her best interests.
"In fact, the accused was never a trader and had never invested in foreign currencies and commodities. The accused did not use any of the monies for the purported investment."
Aw's bogus investment pitch led to the woman handing over $68,250 to him between May and June 2016.
He used a similar method to cheat five other women between August 2016 and July 2017.
Four of the victims were Singaporeans while the fifth was an Indonesian living in Singapore.
They were aged between 39 and 48 years.
Aw has so far made a restitution of $500.
DPP Tan told the court that Aw has a history of committing similar offences and urged District Judge Chay Yuen Fatt to sentence him to at least five years' jail.
The court also heard that Aw had served 14 months' jail in 2013 after cheating four women of $55,000. He had met them on dating websites.
Aw, who is out on $40,000 bail, is expected to be sentenced on Tuesday for cheating the six women.
For each count of cheating, he can be jailed for up to 10 years and fined.
A version of this article appeared in the print edition of The Straits Times on February 22, 2019, with the headline 'Man admits using ruse to swindle women'. Print Edition | Subscribe
https://www.straitstimes.com/singapore/courts-crime/man-admits-using-ruse-to-swindle-women
