Close X
Monday, November 25, 2024
ADVT 
International

5 Indians Charged For Fraud In Singapore

Darpan News Desk IANS, 03 Feb, 2017 12:32 PM
    Five Indians here were charged with fraudulent Goods and Services Tax (GST) refund claims amounting to 167,253 Singapore dollars ($118,392) for jewellery they didn't buy, the media reported.
     
    Karunanithi Saravanan (36), Karunanidhi Rajesh (32), Waithiyalingam Karunanidhi (61), Kothandaraman Gnanam (29) and Ramaiyan Karthikeyan (43) were arrested on Wednesday following an investigation that stretched nine months, the Strait Times reported. 
     
    Each accused faces more than 200 charges of engaging in a conspiracy to claim fraudulent Goods and Services Tax (GST) refunds under the electronic tourist refund scheme (eTRS). 
     
    They were each offered a bail of 50,000 Singapore dollars ($35,373) on Thursday and will be back in court on February 24.
     
    If found guilty, they face a penalty of up to three times the amount of refund wrongfully claimed. They can also be fined up to 10,000 Singapore dollars ($7,000), jailed up to seven years, or both.
     
     
    The tax crime of the five were first discovered on May 27 last year at Changi Airport, triggering a joint investigation by Singapore authorities.
     
    Pretending to be tourists, these Indian men bought jewellery invoices from local customers. 
     
    They then used the invoices and their passports to obtain tickets under eTRS and claimed the refunds at the port of departure, according to the report. 
     
    The eTRS is available only to tourists to claim GST refund on goods they have purchased and taken out of Singapore.
     
    Singapore's tax authority said it "will not hesitate to take stern enforcement action against these individuals and any persons assisting them".

    MORE International ARTICLES

    Yahoo Faces Proposed Canadian Class Action Over Compromised User Info

    Yahoo Faces Proposed Canadian Class Action Over Compromised User Info
    TORONTO — Yahoo is now facing a proposed class action on behalf of Canadians whose personal information may have been stolen.

    Yahoo Faces Proposed Canadian Class Action Over Compromised User Info

    Ivanka Trump Could Be The Most Powerful First Lady Ever

    Ivanka Trump Could Be The Most Powerful First Lady Ever
    First ladies aren't always presidential spouses. In fact, two early uses of the title refer to the beautiful, popular Harriet Lane, niece of James Buchanan, the only lifelong bachelor president. 

    Ivanka Trump Could Be The Most Powerful First Lady Ever

    India Remains One Of Fastest-Growing Countries In The World: White House

    India Remains One Of Fastest-Growing Countries In The World: White House
    India remains one of the fastest-growing countries in the world, the White House today said even as it underlined that inefficiencies remain in the public sector of the country with the poor population still lacking healthcare coverage and access to financial services.

    India Remains One Of Fastest-Growing Countries In The World: White House

    Employers Replace Beep-Beep-Beep With 'Psssht-Psssht' Back-up Alarm: WorkSafeBC

    Employers Replace Beep-Beep-Beep With 'Psssht-Psssht' Back-up Alarm: WorkSafeBC
    British Columbia's worker-safety agency says more employers are replacing the beep-beep-beep back-up alarm on vehicles with white noise for safety's sake.

    Employers Replace Beep-Beep-Beep With 'Psssht-Psssht' Back-up Alarm: WorkSafeBC

    Canadian Charged With Bringing Cocaine Into Australia Pleads Guilty

    Canadian Charged With Bringing Cocaine Into Australia Pleads Guilty
    SYDNEY, Australia — A published report says a Canadian woman pleaded guilty Friday to her involvement in allegedly importing cocaine into Australia.

    Canadian Charged With Bringing Cocaine Into Australia Pleads Guilty

    Canadian Officials Meet Pastor Sentenced To Life In Prison In North Korea

    Canadian Officials Meet Pastor Sentenced To Life In Prison In North Korea
    SEOUL, Korea, Republic Of — North Korea's state media says Canadian officials have met with a detained Ontario pastor who has been sentenced to life in prison in the country.

    Canadian Officials Meet Pastor Sentenced To Life In Prison In North Korea