Indian national Hussain Naina Mohammed (47) on Thursday pleaded guilty to cheating and sending a part of the proceeds of crime out of Singapore.
Singapore. An Indian national has been sentenced to 30 months in jail in Singapore for allegedly defrauding a construction company of S$5.1 million. Indian national Hussain Naina Mohammed (47) on Thursday pleaded guilty to cheating and sending a part of the proceeds of crime out of Singapore. The convict told investigators that he had sent the money to India to help his parents meet household expenses, The Strait Times reported. The prosecution said that Mohd had confessed that he had set up a company named ‘Utracon Corp’ to receive some funds.
He was the only person to make all the business decisions for the company called ‘Aret’. Mohamed worked for the construction company ‘Utracon Structural Systems’, which is part of ‘Utracon Corporation’ till January 2019. Mohammed did not tell his employer that he was a participant in ‘Aret’. Instead, he recommended his employer to choose the ‘Aret’ company for marine insurance as well as freight-forwarding services.
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