Man admits being leader of illegal online gambling syndicate that pulled in over S$100 million in revenue

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SINGAPORE — After starting an illegal online gambling syndicate in 2011 with his two older brothers, Seet Seo Boon helped to expand it in five years to a multimillion-dollar enterprise that collected a weekly revenue of at least S$1 million.

Using two main websites, the syndicate collected 4D and Toto bets and earned more than S$100 million in revenue before they were nabbed.

Another 54 similar charges will be taken into consideration during his sentencing on Jan 19 next year. So far, several of them have been dealt with including a key figure — Lim Beng Tiong, who was jailed five years and five months as well as fined S$300,000 earlier this year.Seet led the syndicate with his brothers Seet Seow Huat, 64, and Seet Sian Thiam, 72, whichThe court heard that prior to setting up the gambling ring, the Seet brothers had been collecting illegal 4D bets on behalf of unknown persons.

They avoided detection by the authorities by personally interviewing prospective members and only accepting those who agreed to their terms.

 

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