Learning & Development

First member of 5-person syndicate jailed over SGD40m SkillsFuture claims scam

An unemployed man who was part of a five-person syndicate that defrauded statutory board SkillsFuture Singapore (SSG) of almost SGD40 million was sentenced to five years and eight months in jail on Tuesday (Nov 27).

Lee Chi Wai - the first person to be sentenced for the scam - was part of a criminal syndicate that had conspired to obtain training subsidies from SSG using forged documents.

The court found that Lee, 32, had helped hide criminal proceeds of S$6.7 million in cash and 11kg of gold in his home, laundering some of the cash.

The cases against the other four members of the syndicate - comprising his mother, sister, brother-in-law and brother-in-law's friend - are pending.

READ THE ARTICLE by CHANNEL NEWS ASIA