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Dec 22, 2009
Illegal bookmaker jailed, fined
<!-- by line --> By Elena Chong
<!-- end by line -->
A SELF-EMPLOYED man who accepted various soccer league bets was jailed for 12 months and fined $200,000 on Tuesday for acting as a bookmaker. Philip Chow Kok Leong, 38, who had pleaded guilty to five of 16 charges, was a regular customer turned bookmaker as he needed more money to feed his lavish lifestyle. He had been accepting bets for 4D, horse racing and soccer since 2007. He later rose to become a 'master agent'' for a soccer-betting website, which enabled him to distribute sub-account userids and passwords linked to his account. Chow would take a 3 per cent share of the profits, with the rest going to the operators of the illegal betting ring. He recruited five men from June to December that year as his agents to collect and place bets on behalf of their punters. His network of sub-accounts was valued at about $500,000, and his earnings, about $130,000. Chow, who was arrested on Feb 17 this year, could have been fined up to $200,000 and jailed for up to five years on each charge. Two others have been dealt with while the case against four others is pending.
Home > Breaking News > Singapore > Story
Dec 22, 2009
Illegal bookmaker jailed, fined
<!-- by line --> By Elena Chong
<!-- end by line -->
A SELF-EMPLOYED man who accepted various soccer league bets was jailed for 12 months and fined $200,000 on Tuesday for acting as a bookmaker. Philip Chow Kok Leong, 38, who had pleaded guilty to five of 16 charges, was a regular customer turned bookmaker as he needed more money to feed his lavish lifestyle. He had been accepting bets for 4D, horse racing and soccer since 2007. He later rose to become a 'master agent'' for a soccer-betting website, which enabled him to distribute sub-account userids and passwords linked to his account. Chow would take a 3 per cent share of the profits, with the rest going to the operators of the illegal betting ring. He recruited five men from June to December that year as his agents to collect and place bets on behalf of their punters. His network of sub-accounts was valued at about $500,000, and his earnings, about $130,000. Chow, who was arrested on Feb 17 this year, could have been fined up to $200,000 and jailed for up to five years on each charge. Two others have been dealt with while the case against four others is pending.
