March 17, 2022

27-year-old posed as wealthy Korean heir to buy properties, forged S$1 trillion cheque

We have Simon Leviev, the Tinder Swindler who managed to con an estimated US$10m from women around the world, and Anna Sorokin (Anna Delvey), a fraudster who pretended to be a rich German heiress to live a lavish lifestyle.  Here in Singapore, we have our very own Singapore Swindler, Jerald Low Jing Yong, 27. Between...

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3 harmful social consequences of parents buying property in trust

Since the property cooling measures were announced last December, some prospective homebuyers have been interested in buying properties under their kids’ names. Buying property in your child’s name is certainly one way to get around the raised ABSD (Additional Buyer Stamp Duty) rates of 17% to 30% per investment property. The rate depends on how...

The post 3 harmful social consequences of parents buying property in trust appeared first on 99.co.

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