Saturday, May 18, 2019

Ponzi scam Leong Lai Yee jailed for 14 years

Finally one get caught Leong Lai Yee

who ran 'unprecedented' $35m ponzi scheme jailed for 14 years


https://www.straitstimes.com/singapore/courts-crime/housewife-jailed-for-cheating-53-people-of-more-than-35-million

Question: The court heard she later ran out of money and surrendered herself at the Singapore embassy in Bangkok on Nov 2, 2017. She was arrested when she returned to Singapore two days later. *should be Nov 5, 2017 then.

Why she only sentenced to jailed on 17May19 after 6 months?



Around 60 people are claiming to have been duped by woman over 'sweet' property deals



Lee Song Teck