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A woman who worked with an accomplice to transport cash totalling $450,000 into Singapore without informing the authorities was fined $16,000 on Sept 26.Believing her fellow Indonesian accomplice, the woman, Col Vinna, 33, thought that the 45 pieces of $10,00$16k fine for second woman in plan to unlawfully bring $450k to S’pore; cash turned out to be fake
A woman who worked with an accomplice to transport cash totalling $450,000 into Singapore without informing the authorities was fined $16,000 on Sept 26.Believing her fellow Indonesian accomplice, the woman, Col Vinna, 33, thought that the 45 pieces of $10,000 notes in Singapore currency were genuine, but they were not.She also thought that she could earn up to $45,000 in commissions from the plan.Col was handed the fine after she pleaded guilty to one count of engaging in a conspiracy with Sofia Martha to move more than $20,000 in cash into Singapore without alerting the authorities.Sofia, then 51, was sentenced to two months’ jail in May.Deputy Public Prosecutor David Koh said: “This case exemplifies the pressing public interest in defending our financial system against money laundering and other illicit funds.“As these notes turned out to be counterfeit, this placed Singapore at risk of the circulation of counterfeit currency.” Read more