- Joined
- Nov 30, 2011
- Messages
- 333
- Points
- 0
Unlicensed remittance agent fined $10,000
Published on May 2, 2012
By Elena Chong
A customer service officer was fined $10,000 on Wedesday for carrying on a remittance business without a valid licence.
China national Liu Yueyi, 31, a Singapore permanent resident, admitted to running the remittance business from her Tampines home between November 2010 and June 12 last year.
A court heard that Liu and her husband operate a freight forwarding business from her flat by helping customers to order goods from China, pay and receive the goods.
That was how her remittance business began.
Read the full story in Wednesday's edition of The Straits Times.
let them feel the pinch 
