6 insurance agents jailed for falsifying expense claims to evade nearly S$100,000 in taxes !

[TerrexLee]

Six insurance agents were jailed and penalised for tax evasion on Friday (Sept 16) after they claimed false business expenses and collectively reduced their income taxes by close to S$100,000.


The six, who used to work at the same agency, pleaded guilty to making false entries to evade tax.


They are:


• Yvonne Quah, 34, who was jailed for eight weeks and ordered to pay S$113,839 for evading S$37,946 in personal income taxes


• Lim Zhan Yi, 32, who was jailed for five weeks and ordered to pay S$83,610 for evading S$27,703 in taxes


• Chan Jun Yi, 33, who was jailed for two weeks and ordered to pay S$27,531 for evading S$9,010 in taxes


• Sherlin Chia Hee Ping, 41, who was jailed for 10 days and ordered to pay S$32,542 for evading S$10,680 in taxes


• Chanel Quah Hui Wen, 31, who was jailed for one week and ordered to pay S$14,433 for evading S$4,644 in taxes


• Jackie Tang Hong Kong, 42, who was jailed for four days and ordered to pay S$8,465 for evading S$2,655 in taxes


Court documents did not state which agency they worked for but checks online revealed that they represented Great Eastern Financial Advisers.

More at https://shrtcô.de/aGg9X8

 

[hollowman]

All their taxes so high means they all huats.
After release from jail can resume as insurance agent ?

 

[TerrexLee]

should be able to, not like lawyers or doctors will kenna license terminate right

 

[Pinkieslut]

Yvonne Quah is Chiobu?

 

[congo9]

Seems that our premium is very lucrative to these agents.