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Friday, January 7, 2011

Singapore Seeks Deterrent Sentence in $9.4 Million Government Agency Fraud

Bloomberg, 7 Jan 2011Singapore prosecutors called for a strong deterrent sentence for the first man convicted for his part in a S$12.2 million ($9.4 million) scam, the city’s biggest public-sector fraud in 15 years.Ho Yen Teck, convicted of 21 charges of conspiring to cheat the Singapore Land Authority, played a “pivotal role” as the main accomplice outside the government agency, Deputy Public