SINGAPORE – For 50 years, a woman has been saving nearly $ 1 million, only for the sake of a famous church.
Former Chancellor Ng Kwee Huay, Nancie or Magdalene, after acquiring money from Alice Chua, 71, was not forced to participate in the investment.
Tan Pei Wei prosecutor has said that Chu have only won about 120,000 dollars to save his life.
The retirement of 2014, at the age of 70, on Sunday (January 29), was sentenced to six years and two months after the fraud was convicted of 23 convicts.
The court warned that 106 offenses were reported to be guilty.
Singapore led seven people from 2011 to 2015, and in all cases it was more than one million million.
Ng, in February 2002, has been in uninterrupted position in 2008, and in 2008 he met Mrs. Chua as the head of the Church of San Jose.
Then he asked that Chua invested a number of "projects" in Myanmar, Thailand and Australia, finding these opportunities through all the contacts he made in the previous work.
DPP Tan said: "The victim complained that he wanted to make enough money to buy an asset for three years.
"To persuade the victim to invest in himself, the accused told him of the property earned from investments made by the accused two years ago or less that he could buy."
Ms Chua spent more than 107 times in ATM at the beginning of October 2015. During this period, total income of $ 119,527.50 was returned, which was the reason for the return of investments.
"He has done so to persuade the victims of the existence of investment and profitability, and thus to delay the discovery of their crimes and continue their money for the investment of the victims," said DPP.
Ms Chua was suspected in 2016 when she wanted to get rid of some of the major amounts invested in paying a car.
Instead of making money, Ng stopped, assuming he was out of business-related countries.
He also invented work-related problems and regulatory barriers as well as money-laundering outsourcing schemes.
In the end, he presented the Chua police report on October 7, 2016.
The court heard Ng also had another six friends, including his friends and goddaughter. Each one had $ 1,600 and $ 58,000.
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