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http://www.channelnewsasia.com/stories/singaporelocalnews/view/1110173/1/.html
Three jailed for dealing with counterfeit S'pore currency
By Shaffiq Alkhatib | Posted: 11 February 2011 1956 hrs
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SINGAPORE: Three men were sentenced on Friday, to between 27 months and eight years in jail, for dealing in counterfeit local currency.
31-year-old Narindran Sangara Banoi, who faced 55 charges in all, received the stiffest sentence.
He pleaded guilty to 15 with the rest taken into consideration.
Narindran admitted he had used his home printer to produce the fake currencies as he was facing some financial difficulties last year.
He scanned the front and back of Singapore 10 and 50-dollar notes, printed their images onto some paper, before cutting them out for further use.
In all, the unemployed man produced 74 counterfeit 50-dollar notes and 27 10-dollar notes between April and September.
Narindran then shared the fake notes with his accomplices and the group used them as though it was legal tender.
One of them, 31-year-old Jegathesan Subramaniam, was sentenced to three years' jail. He faced 10 charges and pleaded guilty to two.
Jegathesan was caught shortly after he used a counterfeit 50-dollar note on August 13 to pay taxi fare which came up to less than six dollars.
The cabby, 50-year-old Lim Ah Joo, handed him the change without realising he had been duped.
It was only later that Mr Lim realised the money was fake and lodged a police report the next day.
Another man, 42-year-old Ramer Rethina Thevar Ramanathan, who pleaded guilty to two of three charges, received the lightest sentence.
Before sentencing the trio, District Judge John Ng told the men they had committed a serious offence as counterfeit money could undermine the country's economy.
False currency could also damage public confidence in the monetary system, said Judge Ng.
Court papers name another man, who is the trio's alleged partner-in-crime.
The case involving 37-year-old Segar Ramiah is currently at the pre-trial conference stage and will be held on February 24.
-CNA/ac
Three jailed for dealing with counterfeit S'pore currency
By Shaffiq Alkhatib | Posted: 11 February 2011 1956 hrs
Photos 1 of 1
Twitter Messenger
SINGAPORE: Three men were sentenced on Friday, to between 27 months and eight years in jail, for dealing in counterfeit local currency.
31-year-old Narindran Sangara Banoi, who faced 55 charges in all, received the stiffest sentence.
He pleaded guilty to 15 with the rest taken into consideration.
Narindran admitted he had used his home printer to produce the fake currencies as he was facing some financial difficulties last year.
He scanned the front and back of Singapore 10 and 50-dollar notes, printed their images onto some paper, before cutting them out for further use.
In all, the unemployed man produced 74 counterfeit 50-dollar notes and 27 10-dollar notes between April and September.
Narindran then shared the fake notes with his accomplices and the group used them as though it was legal tender.
One of them, 31-year-old Jegathesan Subramaniam, was sentenced to three years' jail. He faced 10 charges and pleaded guilty to two.
Jegathesan was caught shortly after he used a counterfeit 50-dollar note on August 13 to pay taxi fare which came up to less than six dollars.
The cabby, 50-year-old Lim Ah Joo, handed him the change without realising he had been duped.
It was only later that Mr Lim realised the money was fake and lodged a police report the next day.
Another man, 42-year-old Ramer Rethina Thevar Ramanathan, who pleaded guilty to two of three charges, received the lightest sentence.
Before sentencing the trio, District Judge John Ng told the men they had committed a serious offence as counterfeit money could undermine the country's economy.
False currency could also damage public confidence in the monetary system, said Judge Ng.
Court papers name another man, who is the trio's alleged partner-in-crime.
The case involving 37-year-old Segar Ramiah is currently at the pre-trial conference stage and will be held on February 24.
-CNA/ac
