02 Oct '11, 3pm

2 men held for receiving stolen property

SINGAPORE: Police have nabbed two men believed to have dishonestly received stolen property worth about S$1.4 million. The arrest followed a report made by an air cargo agent about a pallet of cargo containing some 3,400 pieces of electronic devices, stolen from the Cargo Terminal in Changi Airfreight Centre (CAC). The theft was believed to have taken place on 18 September. With the help of authorities from Malaysia, Singapore police managed to identify those involved in the theft and disposal of the stolen items. The suspects, both Singaporean, aged 32 and 33, are believed to be involved in dishonestly receiving the stolen electronic devices. Police also recovered a significant amount of the stolen properties and cash amounting to about S$130,000. The money is believed to be proceeds from disposing some of the stolen properties. Some 2,300 pieces of the stolen devices are...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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