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Two arrested over misappropriated FairPrice vouchers
[2011] 21 Nov_TODAY
Title: Two arrested over misappropriated FairPrice vouchers
Source: TODAY
SINGAPORE - The police arrested two suspects on Saturday for buying S$500,000 worth of NTUC FairPrice vouchers with a dishonoured cheque, a day after the supermarket cooperative issued a press statement to say that 25,000 of its vouchers had been misappropriated.
The men, aged 19 and 22, were caught separately 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. But the cheque had bounced as the signature did not match and there were insufficient funds in the account.
In a statement yesterday, FairPrice group managing director (corporate services) Wee Leong How said the vouchers were issued from the cooperative's head office.
Adding that FairPrice "have been working closely with the police in their investigation", Mr Wee said: "We immediately alerted all our stores to be on the lookout for the above-mentioned vouchers and customer notices were put up to inform that the vouchers will not be accepted."
However, by the time 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.
The 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 today.
In a statement, the police requested members of the public who have FairPrice vouchers bearing the serial numbers 607379330 to 607404329 to hand them over at any police station.
"It is an offence to procure stolen property knowing or having reason to believe the property to be stolen," the statement added.
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.
Two arrested over misappropriated FairPrice vouchers
[2011] 21 Nov_TODAY
Title: Two arrested over misappropriated FairPrice vouchers
Source: TODAY
SINGAPORE - The police arrested two suspects on Saturday for buying S$500,000 worth of NTUC FairPrice vouchers with a dishonoured cheque, a day after the supermarket cooperative issued a press statement to say that 25,000 of its vouchers had been misappropriated.
The men, aged 19 and 22, were caught separately 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. But the cheque had bounced as the signature did not match and there were insufficient funds in the account.
In a statement yesterday, FairPrice group managing director (corporate services) Wee Leong How said the vouchers were issued from the cooperative's head office.
Adding that FairPrice "have been working closely with the police in their investigation", Mr Wee said: "We immediately alerted all our stores to be on the lookout for the above-mentioned vouchers and customer notices were put up to inform that the vouchers will not be accepted."
However, by the time 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.
The 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 today.
In a statement, the police requested members of the public who have FairPrice vouchers bearing the serial numbers 607379330 to 607404329 to hand them over at any police station.
"It is an offence to procure stolen property knowing or having reason to believe the property to be stolen," the statement added.
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.