Man jailed for cheating $300,000 out of friend’s mum, sis

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Under the guise of friendship, a man cheated a mother-and-daughter pair out of more than $300,000 over three years. The man, who acted as their insurance agent, spent it on online gambling and on himself. On March 13, Tan Wei Chong, 36, was sentenced to two years...

Under the guise of friendship, a man cheated a mother-and-daughter pair out of more than $300,000 over three years.On March 13, Tan Wei Chong, 36, was sentenced to two years and six months’ jail after pleading guilty to two charges of criminal breach of trust, one charge of cheating and one charge of forgery.The victims were his friend’s mother and sister, known as the first and second victim in court.

On Sept 22, 2017, Tan met his friend’s mother to sell a policy. After some discussion, the 71-year-old agreed to invest a sum of $100,000. She agreed and instructed her daughter to issue a cheque for $30,000 with the payee’s name unwritten.On Sept 9, 2020, the first victim called Tan to inform that she had not received any payout from Great Eastern even though her policy should have matured.

Source: Insurance Report (insurancereport.net)

 

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