Jeweller charged with melting 10.8kg of stolen gold

[youallhumsup]

Jeweller charged with melting 10.8kg of stolen gold
Published on Aug 17, 2011

By Khushwant Singh

Within hours of robbing a goldsmith in Upper Changi Road of $857,440 of jewellery in 2010, the stolen items were believed to have been sold to a jeweller in City Plaza in Geylang for $510,000.

On Aug 17, New Chee Seng of the 1st Jewellery shop was charged with melting the stolen items into five gold bars without the permission of the director of the Criminal Investigation Department. The five gold bars weighing a total of 10.8kg were recovered by the police.

New, who is also known by the alias Larry Liang Zhi Cheng, was also charged of failing to retain records of the purchase of the jewellery. He will appear in court again on Aug 31. No bail was required as this is a summons case.

Court documents indicate New had bought the jewellery from 53-year-old Tan Choon Huat, believed to be a member of the trio that robbed Yong Sheng Goldsmith at 3.35pm on April 23, 2010. Tan and alleged accomplice Lee Yeow Kwang, 49, are believed to be on the run overseas.

The third man, Koh Koon Hong, 36, was arrested four days after the robbery.

Read the full story in Wednesday's edition of The Straits Times.

 

[goodcitizen]

New Chee Seng of 1st Jewellery tio charged for buying robbery loot for $510,000

第一珠宝店东主梁值诚，涉嫌收买金庄劫案的贼赃被控。（图／档案照）

去年4月23日，窃匪持刀冲入新樟宜路上段荣盛金庄抢走86万元金饰，警方到场调查。（图／档 案照）

珠宝店东主涉嫌以51万收买贼赃，并把金饰熔成5块共重10公斤的金条，结果被控上庭。

被告是第一珠宝店的东主梁值诚、42岁，根据警方前此提控其中1个劫匪时的说法，被告当时是以51万元现款与劫匪做成那单交易，并用熔炉把那些金饰铸成金条。不过，那些金条事后全被警方取获。

被告面对2项控状，首项指他，在去年4月23日下午4时半到深夜11时59分间，在芽笼路城市购物中心2楼第一珠宝店接受一批荣盛金庄劫案失窃的金饰，并在未取得刑事侦查局局长的允准下，把那些贼赃熔成5块总重量达10.8公斤的金条。因此触犯了犯杂项犯罪（公共秩序与骚扰）法令。

次项控状则指被告，在去年4月23日至4月26日间，没有保留他在4月23日向陈春华（劫匪之一）买下金饰的收据，反而把收据销毁，因此触犯了旧货商法令。

完整报道，请翻阅17.08.2011《联合晚报》。

Source: http://news.omy.sg/News/Local%2BNews...268429.html


The loot must be darn good profit! Buy robbery loot is a very serious offence! As reported in the news, apparently he also attempted to destroy the evidence ("把收据销毁") which further prove his dishonesty, obstructing police investigation, and poor Bedok Goldsmith has to close down business after the robbery.

The unscrupulous businessman now has to pay the price for being greedy and dishonest! One of my relatives actually went to one of his outlets in Chinatown to sell her gold and later realized the weight of her gold valuables was incorrect! She suspected her gold valuables were placed on a tampered weighing scale reflecting a lesser weight. What high price buy in, its all bullsh1t！Some time back in year 2010 there's a news report 「阿嫂险些被吃秤头」 on weight cheating published in 【新明日报】, the report is exactly what my relative encountered 　

Its wrong to delude customers into selling gold valuables by quoting unrealistic high gold rate, and weight cheating is no difference from stealing!

 

[goodcitizen]

More update on Bedok Robbery. The unscrupulous Jeweller New Chee Seng of 1st Jewellery tio stomped!

WITHIN hours of robbing a goldsmith in Upper Changi Road of $857,441 worth of jewellery last year, a suspect is believed to have sold the stolen items to a jeweller in Geylang for $510,000.

New Chee Seng, the 42-year-old proprietor of 1st Jewellery in Geylang’s City Plaza, proceeded to melt the loot down, producing five gold bars weighing 10.8kg.

This put him on the wrong side of the law, which requires him to have kept the items for three days before melting them down, unless he had sought and been granted permission to do so by the Criminal Investigation Department.

Yesterday, he was charged with melting the stolen items.

If convicted, he could be fined up to $5,000 and/or jailed up to six months.

New, also known as Larry Liang Zhi Cheng, was also charged with failing to retain a record of the purchase of the jewellery. He is believed to have destroyed the receipt, a document which would have shed light on the identity of the person who had sold him the stolen goods.

The maximum punishment for failing to keep these documents is a $20,000 fine and a year in jail.

New will reappear in court in two weeks’ time. No bail was required as this was a summons case.

Court papers said he bought the gold from Tan Choon Huat, 53, believed to be one of three men who robbed Yong Sheng Goldsmith on April 23 last year.

Tan and alleged accomplice Lee Yeow Kwang, 49, are believed to be on the run overseas; the third man, Koh Koon Hong, 36, was arrested four days after the heist. He is serving a seven-year jail term and was given 12 strokes of the cane.

Source: http://thecourtroom.stomp.com.sg/sto...old_items.html