SINGAPORE: A former employee of car dealership Car Times Automobile was charged in court with misappropriating a car, pocketing S$95,100 (US$69,300) and illegal online gambling. Chan Chee Ken, 27, was handed four charges of criminal breach of trust by dishonest appropriation and unlicensed gambling.
A car dealership discovered that a former employee allegedly committed fraud after a customer was scammed out of $172,000. Read more at stomp.straitstimes.com
Singapore News - A former Car Times employee allegedly collected $67,000 and a traded-in old car from a customer, and has now gone missing. Both the police and the car dealership have launched their own investigations into the matter. In a Facebook post on Sunday,. Read more at www.tnp.sg
Car leasing in Singapore is straightforward. You pick a car, drive it for a contractual period (anywhere between one to five years or more) and you pay a monthly fee for it. However, the car is never yours. You can never sell it to 'rebate' the running costs of the car you've been paying over the years. A lease-to-own plan.