Tag: bail
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Ex-insurance agent’s bail-linked scam: investors lose over S$7 million in bogus scheme
Shocking Bail-era scam: A familiar face and a large sum The case of a former insurance agent, Alvin Koo Jing You, has drawn attention to how quickly legitimate-seeming offers can turn into sophisticated investment scams. At 39, Koo allegedly orchestrated an elaborate scheme that deceived family, friends, and other unsuspecting individuals into handing over more…
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Ex-insurance agent jailed for orchestrating S$7 million investment scam while on bail
Singaporean ex-insurance agent jailed for elaborate on-bail scam A former life insurance agent was jailed for more than a decade after masterminding a sophisticated investment scam that drew in family members, friends and other victims, totaling over S$7 million. The scheme unfolded while the defendant was out on bail for prior offenses, underscoring how quickly…
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Hamilton Teen Sentenced for $48M Cryptocurrency Theft
Introduction A Hamilton teen, now an adult, has been sentenced to one year in a U.S. prison after pleading guilty to an astonishing theft spree involving cryptocurrency. This case highlights the growing issues of cybercrime, especially among younger offenders. The Theft Spree In 2022, the young man orchestrated a series of cryptocurrency thefts that targeted…