Man linked to bank scam involving more than S$35,000 admits cheating his co-scammer

18/1/2022 7:45:00 AM

Man linked to bank scam involving more than S$35,000 admits cheating his co-scammer

Man linked to bank scam involving more than S$35,000 admits cheating his co-scammer

SINGAPORE: A young man who was part of a group of cheats linked to a bank scam that swindled an elderly man of more than S$35,000 admitted on Tuesday (Jan 18) to scamming his co-scammer. Ravivarthan, 20, pocketed S$5,000 handed to him by an accomplice. He pleaded guilty to one count each of receiving

SINGAPORE: A young man who was part of a group of cheats linked to a bank scam that swindled an elderly man of more than S$35,000 admitted on Tuesday (Jan 18) to scamming his co-scammer.Ravivarthan, 20, pocketed S$5,000 handed to him by an accomplice. He pleaded guilty to one count each of receiving criminal proceeds and criminal breach of trust. A third charge will be considered in sentencing.

The court heard that Ravivarthan was a 19-year-old student at ITE College Central at the time of the offences. His four co-accused knew each other either through school or a former employer.They are: Rufus Rakesh Kumar Kalaiselvan, 18; Emmanuel Raymond, 19; Kshan Pillai Ganesan Pillai, 20; and Mahendra Sakkaravarthi Samraj Ahsockan, 33.

Read more: CNA »

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LinkedIn SINGAPORE: A young man who was part of a group of cheats linked to a bank scam that swindled an elderly man of more than S$35,000 admitted on Tuesday (Jan 18) to scamming his co-scammer.LinkedIn In the wake of the fake text message phishing scam involving OCBC Bank customers, with those affected estimated to have lost at least S$8.Court documents amended to state that student accused of posting anti-Islam remarks is a Chinese national Thirteen other charges, including three counts of cheating linked to the remaining $40,000, will be considered during sentencing.LinkedIn SINGAPORE: A former financial consultant with OCBC Singapore cheated five of his clients of S$170,000 in fake time deposits, picking existing clients whom he knew were not technologically savvy and who would trust his explanations.

Ravivarthan, 20, pocketed S$5,000 handed to him by an accomplice. He pleaded guilty to one count each of receiving criminal proceeds and criminal breach of trust. Earlier this week, actress Sora Ma , 37, received a similar message from her bank, DBS, informing her that a US$978. A third charge will be considered in sentencing. Deputy Public Prosecutor Dhiraj G. The court heard that Ravivarthan was a 19-year-old student at ITE College Central at the time of the offences.27) transaction had been made on her credit card. His four co-accused knew each other either through school or a former employer. Hoi was a gambler.

They are: Rufus Rakesh Kumar Kalaiselvan, 18; Emmanuel Raymond, 19; Kshan Pillai Ganesan Pillai, 20; and Mahendra Sakkaravarthi Samraj Ahsockan, 33. Thank goodness she saw the message almost immediately In an IG Story update, Sora shared that it was her first time discovering a fraudulent transaction on her card. Hoi knew that to apply for a typical time deposit account, a client had to fill in and sign at least two types of forms. In late July 2020, Mahendra asked Kshan to help him get a bank account to receive a transfer of S$10,000, in exchange for a commission. KShan asked Rufus for help to find a bank account. Later, when 8day. Rufus, in turn, approached the accused. He then transferred their funds to OCBC accounts belonging to his associates. Rufus received S$10,000 in his bank account.” As it turns out, after she cancelled her card, it disappeared entirely from her online banking app. Three of them were aged 60 and above at the time of the offences.

However, as he had a withdrawal limit of S$5,000, he transferred S$5,000 to Emmanuel. THE SCAMMERS TURN ON EACH OTHER Rufus and the accused had planned to scam Kshan of the S$5,000 in Rufus' bank account and keep it for themselves. “[When I called the bank,] they said that they would cancel the card first, and then check on the details and get back to me as soon as possible,” Sora said." According to court documents, Hoi cheated his victims from October 2017 to January 2018. The accused, who had intended to cheat Rufus as well, told the latter to keep the money first when the sum was transferred to him. He later told Rufus to transfer the money into a"safer account" that purportedly belonged to a person who was remanded."Maybe if I found out that I cannot do anything to undo the transaction, I would probably feel very heartpain lah ‘cos I can buy a nice sofa or something with that money,’ she said. The"safer account" belonged instead to the accused's girlfriend. A branch manager alerted the police three days later. To avoid involving branch officers in his scheme and risk discovery, Hoi transferred his victims' funds to his colleagues before having them transferred to him or handed over in cash.

Trusting the accused, Rufus transferred S$4,900 to the bank account that the accused provided. "I actually don't know why this happened. Kshan soon realised that he was possibly being scammed and began threatening Rufus for the money. Afraid, Rufus told the accused, who told him to report Mahendra in order to get protection. I did browse through a lot of sites to see things like furniture or Chinese New Year stuff. Get The New Paper on your phone with the free TNP app. Rufus asked the accused to return the money to Kshan. The accused assured Rufus that he would, but he gambled away more than S$3,000 of the money. Sora also confirmed that she never bought anything from Target's online store. While Hoi was being investigated for the bank offences, he began working as an interior designer for his cousin's company.

Only S$1,856 was recovered from his girlfriend's account. The accused's offences came to light when a police report was made in July 2020, over a scam involving a 77-year-old victim. "Initially when I called the bank, I even asked the person if this was the real hotline 'cos scared mah ,” she said. The elderly man had responded to a phone call by a scammer and provided his bank card details and the OTPs sent to him. After this, 15 unauthorised transactions were made on the elderly man's card, leading to a loss of S$35,350. The customer service officer who assisted Sora also advised her that she can access the official DBS website to leave her contact number after cancelling her card, so that the bank can drop her a call directly. Police investigations traced the transactions to Ravivarthan's four co-accused. Police camera footage was retrieved from various locations including the vicinity of Hoi's home.

Defence lawyer Ashwin Ganapathy of IRB Law asked for a probation suitability report for his client, saying this was his first brush with the law. Photos: Sora Ma/Instagram. He pointed to his client's young age, and said he was no longer in contact with any of the co-accused in the case, who are"a bad influence on him". He is an only child raised by his mother, who was diagnosed with ovarian cancer in 2017. Ravivarthan stopped his education to provide financially for his family, said the lawyer. The judge called for a probation suitability report and adjourned sentencing to March. Hoi carefully selected his victims, so that it would be easier for him to cheat them.

Source: CNA/ll(gs) .