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Man allegedly linked to scam involving fake gold bars charged with cheating, weapon possession
Shaffiq Alkhatib
Court Correspondent
UPDATED
JUL 16, 2024, 02:48 PM
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SINGAPORE – Three men were allegedly involved in a scam where unsuspecting victims handed over around $20,000 in cash and a watch worth some $35,000 in exchange for what they assumed were gold bars.
Police said in a statement that at least one of the bars turned out to be fake and a victim, who was not named, found out the truth when he or she tried to authenticate it at a goldsmith shop.
One of the three men, Wilderic Chan Weibin, 22, was charged on July 16 with one count each of cheating and being in possession of a weapon in a public place.
Police said the other two men, who are both 25 years old, are helping the authorities in their investigations.
According to court documents, Chan allegedly worked with two others to cheat a man at a Serangoon Central multi-storey carpark at around 10.30pm on July 10.
Chan is accused of duping the man into believing that he was selling him a 100g gold bar worth $9,800 and the man then allegedly handed over the money.