{"id":66449,"date":"2026-07-06T07:18:24","date_gmt":"2026-07-05T23:18:24","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=66449"},"modified":"2026-07-06T07:18:24","modified_gmt":"2026-07-05T23:18:24","slug":"singapore-porridge-shop-owner-accused-of-buying-lamborghini-with-proceeds-from-2-9m-tax-evasion","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=66449","title":{"rendered":"Singapore porridge shop owner accused of buying Lamborghini with proceeds from $2.9M tax evasion"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div style=\"float: left;width:100%;\">\n<p class=\"Normal\">Buntono, 49, who uses only one name, was also charged last Friday with dealing in the benefits of his alleged criminal conduct, according to a statement by the Singapore Police Force.<\/p>\n<p class=\"Normal\">The assets allegedly involved in the money laundering case include more than SGD2.4 million in cash, a landed home on Brockhampton Drive in Serangoon Gardens, and a Lamborghini Aventador.<\/p>\n<table align=\"center\" border=\"0\" cellpadding=\"3\" cellspacing=\"0\" class=\"tplCaption\" data-widget=\"obj\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" alt=\"The exterior of Eminent Frog Porridge, and a dish served at the eatery, in Geylang, Singapore. Photos via Google Maps\/Doraemon, Ammie Chan\" data-natural-h=\"720\" data-natural-width=\"1200\" class=\"vne_lazy_image\" src=\"https:\/\/vcdn1-english.vnecdn.net\/2026\/07\/03\/A-234er2Untitled-1783067430-4615-1783067674.jpg?w=680&amp;h=0&amp;q=100&amp;dpr=1&amp;fit=crop&amp;s=DtEnW8xTbqUJ2iWy-CW_Qw\" src-2x=\"https:\/\/vcdn1-english.vnecdn.net\/2026\/07\/03\/A-234er2Untitled-1783067430-4615-1783067674.jpg?w=680&amp;h=0&amp;q=100&amp;dpr=2&amp;fit=crop&amp;s=CarXm2_IuYDJo9gtDkaE4Q\" src-video=\"\" data-vertical=\"https:\/\/vcdn1-english.vnecdn.net\/2026\/07\/03\/A-234er2Untitled-1783067430-4615-1783067674.jpg?w=680&amp;h=0&amp;q=100&amp;dpr=2&amp;fit=crop&amp;s=CarXm2_IuYDJo9gtDkaE4Q\" data-horizontal=\"https:\/\/vcdn1-english.vnecdn.net\/2026\/07\/03\/A-234er2Untitled-1783067430-4615-1783067674.jpg?w=680&amp;h=0&amp;q=100&amp;dpr=2&amp;fit=crop&amp;s=CarXm2_IuYDJo9gtDkaE4Q\"\/><\/td>\n<\/tr>\n<tr>\n<td>\n<p class=\"Image\">The exterior of Eminent Frog Porridge, and a dish served at the eatery, in Geylang, Singapore. Photos via Google Maps\/Doraemon, Ammie Chan<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p class=\"Normal\">A total of 30 charges were brought against Buntono, including three counts of money laundering and 27 tax-related offences.<\/p>\n<p class=\"Normal\">Buntono allegedly understated his business income for the assessment years from 2016 to 2024, resulting in nearly SGD2 million in unpaid income tax.<\/p>\n<p class=\"Normal\">He is also accused of fraudulently concealing that his businesses were required to register for Goods &amp; Services Tax (GST), leading to approximately SGD1.8 million in underpaid GST.<\/p>\n<p class=\"Normal\">In a joint statement, the Inland Revenue Authority of Singapore and the Singapore Police Force said the two agencies had launched a joint investigation into the case.<\/p>\n<p class=\"Normal\">Failure to register for GST is an offence and businesses may face penalties of 10% of GST and fines of up to SGD10,000, the agencies said.<\/p>\n<p class=\"Normal\">Each <a href=\"https:\/\/e.vnexpress.net\/news\/business\/companies\/malaysian-billionaire-jeffrey-cheah-s-sunway-to-proceed-with-ijm-takeover-bid-despite-money-laundering-probe-5008647.html\" rel=\"dofollow noopener\" target=\"_blank\">money laundering<\/a> charge carries a maximum penalty of 10 years&#8217; imprisonment, a fine of up to SGD500,000, or both. Buntono is scheduled to return to court in August.<\/p>\n<\/div>\n<p><script>(function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id))return;js=d.createElement(s);js.id=id;js.src=\"https:\/\/connect.facebook.net\/vi_VN\/sdk.js#xfbml=1&version=v2.0\";fjs.parentNode.insertBefore(js,fjs);}(document,'script','facebook-jssdk'));<\/script><br \/>\n<br \/><br \/>\n<center><br \/>\n<br \/><a href=\"https:\/\/e.vnexpress.net\/news\/business\/companies\/singapore-porridge-shop-owner-accused-of-buying-lamborghini-with-proceeds-from-2-9m-tax-evasion-5093130.html\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><br \/>\n<center\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buntono, 49, who uses only one name, was also charged last Friday with dealing in the benefits of his alleged criminal conduct, according to a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":66450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-66449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/66449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66449"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/66449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/66450"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}