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The 'missing trader': Man jailed for sophisticated scheme that cheated $2m in GST refunds asiaone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asiaone.com Daily Mail and Mail on Sunday newspapers.
Singapore News - Based on the instructions from a director of his company, an employee was involved in forging at least 77 invoices that falsely. Read more at www.tnp.sg ....
Singapore News - A crime syndicate member who ran the operations of a shell company was responsible for the forging of more than 180 invoices, falsely stating that it had made at least $56 million in sales. As a result of offences linked to Nagore Trading, fraudulent input tax claims. Read more at www.tnp.sg ....
Singapore News - The first member of a criminal syndicate to be convicted of a goods and services tax (GST) fraud scheme involving. Read more at www.tnp.sg ....
6 men charged for alleged involvement in GST fraud involving S$114 million of fictitious sales Toggle share menu Advertisement Advertisement Singapore File photo of a gavel (Photo: Jeremy Long) 04 Aug 2021 01:46PM (Updated: 04 Aug 2021 01:50PM) Share this content Bookmark SINGAPORE: Six men were charged on Wednesday (Aug 4) for their alleged involvement in a Goods and Services Tax (GST) missing trader fraud involving approximately S$114 million in fictitious sales. This is the first prosecution involving such fraud, said the Singapore Police Force (SPF) and Inland Revenue Authority of Singapore (IRAS) in a joint media release. Advertisement Advertisement A missing trader fraud happens when a seller collects output GST on goods sold but disappears without paying it to IRAS. ....