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Roadblock discovers $400k and 71 bank cards in car: Duo jailed for money laundering

SINGAPORE โ€“ A man and his brother-in-law conspired to launder large sums of cash, receiving crime proceeds totalling more than $900,000 in bank accounts belonging to foreign workers who had left Singapore. Their crimes came to light after police officers found over $400,000 in cash and 71 bank cards in their vehicle at a roadblock. The money came from offences...
Zhang Ming Ramesh Tiwary Yin Junjun Public Prosecutor Edwin Soh Jalan Toa Anthony Lim

For batter or worse: Popular fish soup eatery Alfa Cafe pivots to confectionery after landlord hikes rent, hopes to move business online

While some F&B establishments have decided to close for good after being hit hard by increased prices, others have decided to make the best out of the situation by pivoting. One example would be the owners of Alfa Cafe at Lucky Plaza, who went from helming the popular fish soup joint to whipping up cakes and pastries. The switch was...
Alfa Cafe Lucky Plaza Anthony Lim Shin Min Daily News

Some Singapore retailers cut losses or shut stores, as rental rates rebound to even higher than pre-Covid | Singapore

SINGAPORE, May 8 โ€” After 30 years of running a small eatery tucked at the back corners of Lucky Plaza mall, owner Anthony Lim decided to call it quits. When his lease was up for renewal last year, his landlord wanted to raise his monthly rent from about S$3,000 to S$9,500, which would have been...
Singapore General Jurong East Bahru Plaza Kelvyn Chee Knight Frank Endre Huebner

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Banking practices you can adopt to prevent scams

Singapore News - Picture this - a man wearing a jacket bearing the name of your bank turns up at your door, declares there is a problem with your account and asks you to hand over your details so he can fix the issue. And all without showing a bank identification card or even seeming to... Read more at www.tnp.sg
United States Singapore University Of Social Sciences Anthony Lim Singapore University Social Sciences Banks And Financial Institutions

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