{"id":91571,"date":"2026-10-09T17:16:01","date_gmt":"2026-10-09T09:16:01","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=91571"},"modified":"2026-10-09T17:16:01","modified_gmt":"2026-10-09T09:16:01","slug":"man-allegedly-linked-to-investment-scheme-involving-gamblers-charged-over-2-2m-losses-caused","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=91571","title":{"rendered":"Man allegedly linked to investment scheme involving gamblers charged; over $2.2m losses caused"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<p class=\"text-primary article-summary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">SINGAPORE \u2013<!-- --> A man allegedly involved in <a href=\"https:\/\/www.straitstimes.com\/singapore\/man-to-be-charged-over-alleged-involvement-in-investment-scam?ref=inline-article\" rel=\"noopener\" class=\"gap-x-04 items-center inline text-primary-60 select-auto\" aria-label=\"link\" target=\"_blank\" data-testid=\"custom-link\"><span class=\"inline font-tertiary-body-baseline-regular\" data-testid=\"typography-test-id\">cheating cases linked to more than $2.2 million in losses<\/span><\/a> was handed three charges on Oct 9.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">Ong Kah Keong, 54, is accused of cheating three people in an investment scheme, with each charge involving between $30,000 and nearly $1.8 million.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">He is accused of committing the offences between December 2024 and October 2025.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">Ong\u2019s case will be mentioned again on Nov 6.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">In an earlier statement, the police said that in July 2025, officers received a report stating that a Singaporean man had introduced a woman to an investment scheme in which loans would be extended to gamblers who needed money.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">She was also assured of guaranteed returns regardless of the gambling outcomes.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">Ong allegedly drafted an \u201cinvestment loan agreement\u201d and continued soliciting funds from her.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">The woman was purportedly deceived into believing the legitimacy of the scheme, and handed an undisclosed sum of money to him.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">She realised she had been scammed when no returns materialised, and Ong allegedly became uncontactable.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">A police spokesperson said preliminary investigations revealed he is believed to be involved in other cheating cases involving a similar modus operandi, where losses exceeded $2.2 million.<\/p>\n<p class=\"text-primary font-tertiary-body-baseline-regular\" data-testid=\"article-paragraph-annotation-test-id\">For each count of cheating, an offender can be jailed for up to 10 years, fined, or both.<\/p>\n<\/div>\n<p><br \/>\n<center><br \/>\n<br \/><a href=\"https:\/\/www.straitstimes.com\/singapore\/courts-crime\/man-allegedly-linked-to-investment-scheme-involving-gamblers-charged-over-2-2m-losses-caused\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><br \/>\n<center\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE \u2013 A man allegedly involved in cheating cases linked to more than $2.2 million in losses was handed three charges on Oct 9. Ong&#8230;<\/p>\n","protected":false},"author":1,"featured_media":91392,"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-91571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/91571","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=91571"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/91571\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/91392"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}