SINGAPORE In a bid to save himself from bankruptcy, Samuel Woo Wai Hoong conspired with two other people to cheat various banks into disbursing loans with falsified Inland Revenue Authority of Singapore (Iras) documents.
On Wednesday (Nov 22), Woo, a 45-year-old businessman, pleaded guilty to seven charges of being party to a criminal conspiracy to commit cheating, one charge of abetting cheating and two charges of abetting a false statutory declaration.
The criminal conspiracy involved two alleged co-conspirators, Adrian Choy Weng Keen and Foong Chong Hung. Court documents did not give details of the status of the cases against Choy and Foong.
In 2013, Woo, his alleged co-conspirators and nine others together bought a shophouse for ab…
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