BUY GOLD: UNIDENTIFIED CUSTOMERS
On behalf of her brother, an old woman who was wearing a mouth mask visited Kim Heng and requested that she purchase 200 to 300 grams of gold.
An individual, Ms Kang Yit Hooi, showed her many pieces of gold earrings. The woman allegedly phoned her brother and took pictures of the jewelry.
The woman then informed Ms. Kang that she would pay with PayNow and may purchase a golden rope chain valued at S$ 28, 000.
When Ms Kang processed the pay, she noticed that the payment was an institution called Globe Eximport, which had a distinct object range.
This was in truth a affected business accounts, Mr Tan told the jury.
Given the large purchase amount and the payor’s corporate identity, Ms. Kang claimed that because the customer and the alleged buyer were both healthy people, she had reason to believe money laundering.
Yet, Ms Kang did not perform the required buyer due diligence.
The old woman’s alleged boy, who was unrelated, contacted her on WhatsApp the following day and expressed interest in purchasing more gold.
He insisted that he needed to buy silver that day and that his supposed mother did pick up the items when Ms. Kang said she was unemployed and that her coworkers might not be able to attend to him.
Mr Kang referred the users to her partner, Ms Sheila Lo Mohd Miza.
Later that morning, the old woman returned to the store, where Ms. Lo presented her with a number of jewelry pieces. She paid S$ 173,295 for six silver bars and a silver pendant.
When the person paid through Give Today, Ms Lo also noticed that the payment was Globe Eximport, and had reason to suspect cash fraud, said Mr Tan.
” Ms. Lo’s ) concern at the time was to make sure the transaction went smoothly and that the accused did not get paid.”
” ( Ms Kang ) did not ask any questions either for fear of getting scolded by ( the two customers ) and losing their business,” said the prosecutor.
The alleged child contacted Ms. Kang suddenly on October 2, 2023, to request a purchase of a gold chain and a gold bar valued at S$ 112, 32.
The man constantly persuaded Ms. Kang to approach the payment more quickly while she was carrying out the transaction. When suddenly, she did not carry out due diligence balances.
The man allegedly went back to the store to obtain the items after one more contact was made with Ms. Kang on October 3, 2023, and his supposed mother then called the shop to collect them once more.
However, this moment, Mr. Ho made the decision to request the woman’s identification card. The woman responded that she had to apply the room, and left the shop without returning.
The names of the old woman and the man , – the alleged mother and son , – have yet to be established.
After the ransomware schemes were exposed, the problem emerged.