05 Dec '11, 11am

Man used passport as collateral for gambling: Fong Poh Huat, who used his passport as collateral for a gambling

Man used passport as collateral for gambling: Fong Poh Huat, who used his passport as collateral for a gambling

Fong Poh Huat, who used his passport as collateral for a gambling loan received a three-month jail sentence on Nov 30. The Immigration and Checkpoints Authority (ICA) reported that Fong, 38, was charged with making two false statements to the ICA and the Consulate-General of Singapore in Ho Chi Minh City, Vietnam. In February this year he had travelled up to Vietnam seeking business opportunities as well as to look for his estranged wife. During his time there he had visited the casino to gamble and lost about $10,000. In an attempt to recoup his losses he borrowed US$12,000 (S$15,380) from another gambler and lost that as well. The man, known only as 'Johnny' then asked him to sign a 'Personal loan agreement form' that required him to pay back the loan in 10 days with an additional US$4,500 as interest. He also had to pass 'Johnny' his passport as collateral. Unable to ra...

Full article: http://www.asiaone.com/News/AsiaOne%2BNews/Crime/Story/A1...

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