Close X
Sunday, December 1, 2024
ADVT 
India

Indian-Origin Man Jailed For Printing Fake Singaporean Currency Notes

Darpan News Desk IANS, 25 Nov, 2016 11:27 AM
    A 29-year-old Indian-origin man has been jailed for over three years for printing fake Singaporean currency notes here, according to a media report.
     
    Sasi Kumar Lakshmanan decided to print fake currency notes of SGD 100 and SGD 50.
     
    Deputy Public Prosecutor Magdalene Huang said Lakshmanan decided to print some counterfeit currency notes as he was in a financial difficulty and owed loan sharks more than SGD 5,000.
     
    He realised the photocopy of SGD 100 note was almost the same as the genuine one. Following this, he photocopied notes that closely resembled a genuine SGD 100 note. He then printed another four copies of the notes and cut them to the right size, The Straits Times reported.
     
     
    The next day, he produced one of the fake SGD 100 notes to pay for two packets of cigarettes totalling SGD 21.80. He pocketed the SGD 78.20 in change, the report said.
     
     
    The fake note was discovered by a stall supervisor, who complained to police on July 13, two days after Lakshmanan first printed the fake notes.
     
    Police raided Lakshmanan's home and found, among other things, a counterfeit SGD 50 note.
     
    In his written mitigation plea, Lakshmanan said his wife was due to deliver their third child soon. He said he suffers from epileptic fits and had just found a job doing deliveries for a friend.
     
    Two other charges of using a fake note and having instruments for making them were taken into consideration, according to the Singapore daily report.
     
    He could have been jailed for up to 20 years and fined on each charge.

    MORE India ARTICLES

    Abu Dhabi Crown Prince To Be 2017 Republic Day Chief Guest

    Abu Dhabi Crown Prince To Be 2017 Republic Day Chief Guest
    In what can be seen as a bid to strengthen ties with the Gulf region that is home to a large population of expatriates, India has invited Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan to be the chief guest at next year's Republic Day celebrations.

    Abu Dhabi Crown Prince To Be 2017 Republic Day Chief Guest

    India, Pakistan NSAs talk as border tension continues

    India, Pakistan NSAs talk as border tension continues
    India and Pakistan troops exchanged fresh border fire on Monday, hours after top security advisors of the two countries spoke with each other in a bid to reduce escalating tension.

    India, Pakistan NSAs talk as border tension continues

    98-Year-Old Freedom Fighter Prevented From Jumping Into Yamuna

    98-Year-Old Freedom Fighter Prevented From Jumping Into Yamuna
    A 98-year-old freedom fighter, who has been campaigning against liquor addiction, tried to jump into the Yamuna river in Agra but was prevented from doing so by the police.

    98-Year-Old Freedom Fighter Prevented From Jumping Into Yamuna

    Arvind Kejriwal 'Salutes' Narendra Modi For Surgical Strikes By The Army Across LoC

      The Congress, meanwhile, criticised Kejriwal for "publicising Pakistan's point of view" over the surgical strikes and said that whatever he does on the issue should be "well thought out". 

    Arvind Kejriwal 'Salutes' Narendra Modi For Surgical Strikes By The Army Across LoC

    Swaraj Abhiyan To Launch Political Party Tomorrow

    Swaraj Abhiyan To Launch Political Party Tomorrow
    Yogendra Yadav and Prashant Bhushan, who were expelled from Aam Aadmi Party, will announce the formation of their new political party tomorrow.

    Swaraj Abhiyan To Launch Political Party Tomorrow

    Black Money Worth Rs. 65,250 Crore Disclosed Under Income Declaration Scheme In India

    Given the tax rate, penalty and surcharge of 45 per cent, this can fetch the government a little under Rs 30,000 crore. In the previous 1997 scheme, the taxation figure was about Rs 9,760 crore.

    Black Money Worth Rs. 65,250 Crore Disclosed Under Income Declaration Scheme In India