Jul 29, 2010
2 women cheats nabbed
<!-- by line --> By Lee Jia Xin
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<!-- end left side bar --> <!-- story content : start --> POLICE have arrested two women in connection with a series of cheating scams involving the purchase of iPhones and computers. The duo, aged 25 and 37, are believed to have pocketed more than $40, 000 from their scams. Both have allegedly led victims to believe that they were able to buy iPhones or computers at below market prices.
In one case, the suspects had persuaded a victim into parting with $24,500 on the premise that she was able to purchase iPhones and computers from abroad at below market price and resell them for high profits. The victim was promised a return of 75 per cent profit on her investment. However, after the payments were made, the suspects became uncontactable.
Following the arrest, police have seized an assortment of clothing and toys believed to have been purchased by the suspects using the proceeds of their crime. The suspects will be charged in court on Friday for cheating with common intention. If convicted, they can be jailed up to 10 years and fined.