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First #prosecution of β€˜99-to-1’ #property purchase: Mother, son charged with giving #falseinfo
"On May 7, then-FM Lawrence Wong said #IRAS will claw back abt $60mil in ABSD & surcharges aft uncovering 166 cases of #privatehome purchases tt involved the use of the #99to1scheme. A reward based on 15% of #taxrecovered, capped at $100,000, will be given to informants if e information or docs provided lead to a recovery of #tax tt wld hv otherwise been lost"
https://www.straitstimes.com/singapore/courts-crime/first-prosecution-of-99-to-1-property-purchase-mother-son-charged-with-giving-false-info-to-iras
First prosecution of β€˜99-to-1’ property purchase: Mother, son charged with giving false info to Iras

Ng Chiew Yen, 56, and Keith Tan Kai Wen, 26, were each handed five charges under the Stamp Duties Act. Read more at straitstimes.com.

The Straits Times