65-year-old man convicted over trying to deposit 3 fake $10,000 notes

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Despite suspecting that the notes were not genuine, Young Tat Ong sought to deposit the notes into his corporate bank account. Read more at straitstimes.com.

SINGAPORE - He agreed to help a Vietnamese man claiming to be a high-ranking government official exchange Singapore $10,000 portrait-series notes for smaller denominations for a commission.

District Judge Paul Chan called for a report to assess whether Young is suitable for preventive detention, which involves being detained in prison for between seven and 20 years.In Young's case, he had been convicted seven times since the age of 16 of various crimes, including similar cheating and forgery offences.

Dinh also said the notes were payments from the Singapore Government to Vietnam for investments in his country. "This was because the colour presentation of the pictures of the notes that Dinh had sent to him via WhatsApp appeared dull and dissimilar from genuine $10,000 he had previously encountered," he said.

 

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