Tag Archives: Businessman

PASTED FAKE NUMBER PLATES ON FERRARI NOT TO ESCAPE TRAFFIC VIOLATIONS, SAYS 25 YEAR-OLD BUSINESSMAN

25 year-old Eugene Chong Jiajun wanted to live out his fantasy of driving an expensive, high powered sports car. So he rented a Ferrari, pasted 2 false license plates that he got off the internet, and drove around. His joy ride came to an end however when he was pulled over by a Land Transport Authority (LTA) officer for a check on 19th March 2013. Chong was driving a yellow Ferrari 360 Modena F1 at the time. His number plate showed SQ1H, which was registered to a silver Mercedes Benz E200 belonging to another unrelated owner.

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INVESTORS HIRE DEBT COLLECTORS TO CHASE DOWN BUSINESSMAN WHO CHEATED $1.37M

A group of 15 investors chased a dishonest businessman all over the island yesterday in a bid to get back their money. After 54 year-old swindler Mr Simon Ng failed to show up at an agreed meeting with his investors at Geylang Lorong 41 in the afternoon, the angry investors traveled to his Toa Payoh flat and confronted him, before showing up at his lawyer's Changi office. Ng, a Singaporean, had collected $1.37 million from around 20 people since last year. To convince people to invest in his "business", he flew investors to expensive overseas seminars on all-expenses-paid trips in Malaysia, Thailand and Cambodia.

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