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Home News Auto News Singaporean Man Selling Off Rented Vehicles In Malaysia Jailed Singaporean Man Selling Off Rented Vehicles In Malaysia Jailed Auto News Chris Aaron | July 23, 2015 05:49 pm A Singaporean man has just been sentenced to 32 months in jail for selling rental vehicles he acquired from his homeland to Malaysian buyers.Lai Kah Goon, a 50-year old man who reportedly was with intention to clear off some personal debt, worked together with three others, pulled off the feat on four separate occasions with cars valued between RM195k to RM334k, between the early weeks of December 2014 – reports The Malay Mail.The man was later apprehended in China for drug-related crimes, and was deported back to his native Singapore, where the authorities took him in.With the help of his accomplices, Lai had rented vehicles from two different car rental companies in Singapore, and passed them on to one accomplice who would drive it into Malaysia, while another two based here, would help sell the vehicles off. For his effort, Lai received up to RM14k per sale of a vehicle.Singaporean authorities were made aware of the activities when the two rental companies had filed police reports against Lai. His 32-month imprisonment could have been extended further (up to seven years, it is reported), but for a remorseful judge and the fact that he had pleaded guilty from the start.A gentle reminder to buy cars the safe wayThis isn’t the first time, nor will it be the last we at Carlist.my hear about a car sale gone wrong. Between armed robberies to steal a car at a supposed meet with a potential buyer, to outright scams such as these, car buyers and sellers alike face the difficult task of an honest sale and purchase.That’s why we have the sort of dedicated operations team we do here to filter out the bad leads from the good.When buying a car, always make sure you spot our ‘Verified’ and ‘Trusted’ sellers badge (see above). This means that you have Carlist.my’s utmost guarantee of a certified and quality-checked listing.Shop safely, folks. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Car Sale Classifieds Fraud Malaysia sales Singapore Theft Used Cars Print Related News Used Car Sales Still Looking Good Despite Pandemic In 2020 Auto News Adam Aubrey | December 29, 2020 Although car sales are not as strong as pre-October figures, it's still moving at a steady pace.It's incredible really that despite the pandemic, ... Mileage Tampering: What Is It And How You Can Avoid It When Buying A Used Car? Buying Guides Jim Kem | April 02, 2024 In the realm of prospective vehicle ownership, especially when looking in the used market, the issue of mileage tampering remains a significant ... Used Car Dealers Allowed To Impose GST On Profit Margins Only Buying Guides Chris Aaron | August 17, 2020 Good news for buyers of used cars, because the government has now allowed for used car dealers to apply for the ‘margin scheme’ under the coming ... VIDEO: It’s Raining Ringgits In Singapore! RM50 Notes Scattered All Over Highway Insights Chris Aaron | August 05, 2015 Here's an exceptionally rare right: raining Ringgits in Singapore? Yikes.We first spotted a video of this one going viral on social media yesterday ... Comments
Singaporean Man Selling Off Rented Vehicles In Malaysia Jailed Auto News Chris Aaron | July 23, 2015 05:49 pm A Singaporean man has just been sentenced to 32 months in jail for selling rental vehicles he acquired from his homeland to Malaysian buyers.Lai Kah Goon, a 50-year old man who reportedly was with intention to clear off some personal debt, worked together with three others, pulled off the feat on four separate occasions with cars valued between RM195k to RM334k, between the early weeks of December 2014 – reports The Malay Mail.The man was later apprehended in China for drug-related crimes, and was deported back to his native Singapore, where the authorities took him in.With the help of his accomplices, Lai had rented vehicles from two different car rental companies in Singapore, and passed them on to one accomplice who would drive it into Malaysia, while another two based here, would help sell the vehicles off. For his effort, Lai received up to RM14k per sale of a vehicle.Singaporean authorities were made aware of the activities when the two rental companies had filed police reports against Lai. His 32-month imprisonment could have been extended further (up to seven years, it is reported), but for a remorseful judge and the fact that he had pleaded guilty from the start.A gentle reminder to buy cars the safe wayThis isn’t the first time, nor will it be the last we at Carlist.my hear about a car sale gone wrong. Between armed robberies to steal a car at a supposed meet with a potential buyer, to outright scams such as these, car buyers and sellers alike face the difficult task of an honest sale and purchase.That’s why we have the sort of dedicated operations team we do here to filter out the bad leads from the good.When buying a car, always make sure you spot our ‘Verified’ and ‘Trusted’ sellers badge (see above). This means that you have Carlist.my’s utmost guarantee of a certified and quality-checked listing.Shop safely, folks. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags Car Sale Classifieds Fraud Malaysia sales Singapore Theft Used Cars
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
Used Car Sales Still Looking Good Despite Pandemic In 2020 Auto News Adam Aubrey | December 29, 2020 Although car sales are not as strong as pre-October figures, it's still moving at a steady pace.It's incredible really that despite the pandemic, ...
Mileage Tampering: What Is It And How You Can Avoid It When Buying A Used Car? Buying Guides Jim Kem | April 02, 2024 In the realm of prospective vehicle ownership, especially when looking in the used market, the issue of mileage tampering remains a significant ...
Used Car Dealers Allowed To Impose GST On Profit Margins Only Buying Guides Chris Aaron | August 17, 2020 Good news for buyers of used cars, because the government has now allowed for used car dealers to apply for the ‘margin scheme’ under the coming ...
VIDEO: It’s Raining Ringgits In Singapore! RM50 Notes Scattered All Over Highway Insights Chris Aaron | August 05, 2015 Here's an exceptionally rare right: raining Ringgits in Singapore? Yikes.We first spotted a video of this one going viral on social media yesterday ...