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Drop money scam : 2 caught

G

General Veers

Guest
Singapore
Home > Breaking News > Singapore > Story
Dec 29, 2009

Drop money scam: 2 caught

TWO more Chinese nationals have been caught for theft using the 'drop money' scam. The two men, aged aged 51 and 52 years, tried to con a 78-year-old man after he had withdrawn money from the bank at about 2 pm on Monday. The victim was walking along Middle Road when he noticed a stack of notes 'dropping' out of the first suspect's pocket. The suspect, who was walking in front of the victim, appeared to be unaware and continued walking away. The second suspect then appeared and picked up the stack of money, and approached the victim offering to split the money with him. At this juncture, the first suspect who had 'dropped' the money reappeared and confronted the duo about his missing money. On the pretext of proving that the money was not with the victim, the second suspect emptied the victim's pockets and showed the valuables to the first suspect.

In the process of doing this, the second suspect took the opportunity and stole the victim's money. To further confuse the victim, the second suspect also placed a purse inside the victim's pocket and told him to wait for him while he and the first suspect left towards an unknown direction to settle the conflict. It was then the victim realised that his money was missing from his pocket and the purse entrusted to him was sewn shut. Through extensive enquiries and follow-up investigations, police officers conducted an stakeout and managed to arrest the two suspects at a hotel off Balestier Road. Police also recovered cash amounting to S$1524, RMB 7,600, and US$76 together with other items like empty purses and sewing kits. The two suspects, who are believed to be involved in other similar cases , will be charged in court on Wednesday for theft. If convicted, they can be jailed up to three years, fined, or both.
 

Shin Orochi

Alfrescian (InfP)
Generous Asset
2 in 'drop money' scam jailed

Jan 14, 2010

2 in 'drop money' scam jailed

By Sujin Thomas

THE pair had used a ruse where one of them would drop a wad of cash in front of a victim, while the other would pick it up. Offering to share the money with the victim, the one who 'dropped' the money would then confront the duo about his missing money. On the pretext of proving that the money was not with the victim, the second conman would empty the victim's pockets to show the valuables to the other conman. In the process of doing this, the second man would steal their victim's valuables like cash and electronic items. The two Chinese nationals involved in what became known as the 'drop money' scam were jailed in a district court on Thursday. Wang Xuebin, 52, was jailed six months while his accomplice Xu Liuwang, 51, - who was involved in a number of similar cases since last July - was jailed for a year.

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