Father & son fined S$1m each for car fraud

[StarshipTroopers]

Father & son fined S$1m each for car fraud
Posted: 19 February 2013 1629 hrs

SINGAPORE: A man and his son have been fined about S$1 million each for conspiring to under-declare the values of 34 cars imported from Japan and providing the money to buy the cars.

Han Ong Guan, 76, and his son Jeremy Han Wan Kwang, 39, were found guilty of 35 charges each.

Of these, 26 were related to incorrect declarations of the values of the cars, which were imported between February and August 2005.

The remaining charges were related to the money to buy these cars.

The total excise duty evaded exceeded S$24,500, while that of Goods and Services Tax (GST) evaded was S$7,300.

Singapore Customs began investigating the incorrect declarations in January 2006.

It found that the father and son had conspired with Ng Wee Siang, 34, and Tan Wei Gek, 33, to under-declare the values of the cars.

They also provided money to buy these cars.

All four were arrested by Singapore Customs and charged in court in March 2009.

In February 2012, Ng was fined S$24,750 while Tan was fined S$12,770.

- CNA/fa

 

[StarshipTroopers]

Father and son fined $1.02 million each for under-declaring values of imported cars

AsiaOne
Tuesday, Feb 19, 2013

SINGAPORE - A man and his son were sentenced by the court last Friday to fines of $1,021,000 each (or in default 32 weeks' imprisonment) for conspiring to under-declare the values of 34 cars imported from Japan and furnishing money for the purchase of these cars.

Han Ong Guan, 76, and his son Jeremy Han Wan Kwang, 39, were found guilty of 35 charges each.

Of the 35 charges, 26 were related to incorrect declarations of the values of the cars, which were imported between February and August 2005. The remaining nine charges were related to the furnishing of money for the purchase of these cars.

The total excise duty and Goods and Services Tax (GST) evaded as a result of the under-declaration exceeded $24,500 and $7,300 respectively.

Singapore Customs began investigating the incorrect declarations on the imported cars of various marques in January 2006.

The investigations revealed that the father and son had conspired with Ng Wee Siang, 34, and Tan Wei Gek, 33, to under-declare the values of the cars. The Hans had also furnished money for the purchase of these cars.

All four were subsequently arrested by Singapore Customs and charged in court in March 2009.

Ng and Tan, who pleaded guilty to respectively eight and four charges related to incorrect declarations of the values of the cars, were sentenced by the court in February 2012. They had faced another 18 and 10 charges respectively, which were taken into consideration in the sentencing. Ng was sentenced by the court to fines totalling $24,752.94, and Tan was sentenced to fines totalling $12,771.62.

Advisory from Singapore Customs

Under the Customs Act, it is the responsibility of importers to ensure the accuracy and completeness of declarations submitted to Singapore Customs. Any person who is guilty of making incorrect declarations resulting in under-payment of duty/GST will be liable on conviction to a fine of up to 20 times the duty/GST payable or $5,000 per charge, whichever is higher, or imprisonment not exceeding two years, or to both for repeat offenders.

Any abettor or conspirator will also be liable for the same punishment on conviction.

Any person guilty of furnishing money for the purpose of establishing or conducting any business comprising the sale, purchase, hire, receipt, concealment or disposal, or dealing of uncustomed goods shall be liable on conviction to a fine of up to $1 million, subject to a minimum fine of $100,000. He/she shall also be liable to an imprisonment term not exceeding six years.

 

[Kohliantye]

Father and Son, hahahahah.

Judgement Day is near for Singapore.

There will be a TOTAL RECALL from all of us.

Then we will see DIE HARD 1 followed by all of it.

It will conclude with LEEMINATOR

 

[peppertail]

Father and Son, hahahahah.

Judgement Day is near for Singapore.

There will be a TOTAL RECALL from all of us.

Then we will see DIE HARD 1 followed by all of it.

It will conclude with LEEMINATOR

What's so funny?

 

[Hudson]

Moral of the story - Do not cheat the custom or the tax department.

For $31,800, the father and son ended up with $2million fine or 32 weeks imprisonment.

Better for them to stay in prison for 32 weeks each than to pay the fine. Coz $4558 per day in the prison.

 

[HyoRu]

Moral of the story - Do not cheat the custom or the tax department.

For $31,800, the father and son ended up with $2million fine or 32 weeks imprisonment.

Better for them to stay in prison for 32 weeks each than to pay the fine. Coz $4558 per day in the prison.

Wise mind think alike. cheers

 

[Kohliantye]

What's so funny?

Nothing funny. Nothing sinister. Nothing macabre.

Just facts and meant for people who know the meaning.

Certainly not for FOOLs

 

[peppertail]

Nothing funny. Nothing sinister. Nothing macabre.

Just facts and meant for people who know the meaning.

Certainly not for FOOLs

Then why you "hahahahah" if it wasnt meant to be funny, sinister, macabre? Creepy...

 

[Kohliantye]

Then why you "hahahahah" if it wasnt meant to be funny, sinister, macabre? Creepy...

Meanings are in people.

Some show their triumps in life by crying infront of cameras.

Some just laugh it away.

Two sides of a coins.

You decide yourself.