SINGAPORE - Three people, well into their 60s, were charged on Tuesday (Dec 6) with a membership scam which they allegedly carried out for over a decade at one of Singapore's oldest country clubs.
The crimes were allegedly committed when they were in their 50s.
Ivy Cheo Soh Chin faces 303 counts of transferring the alleged criminal proceeds of Irene Setho Oi Lin, the former head of Keppel Club's membership department.
Nah Hak Chuan, meanwhile, faces 1,280 counts of falsifying records, by making false entries in the club's electronic membership database.
Cheo and Nah, both aged 66, will next appear in court on Jan 17.
Cheo is out on bail of $150,000. Nah's bail amount is $20,000.
Setho, 69, who was first charged last month with 60 counts, was also charged on Tuesday with an additional 3,121 counts.
She now faces a total of 3,181 charges - for cheating, falsifying records, and acquiring, using or transferring criminal proceeds. The amount involved in her cheating charges is over $11 million.
A pre-trial conference has been set for Dec 22. She is out on bail of $300,000.
Setho, who started as a clerk in 1966 at Keppel Club, allegedly sold fraudulent memberships to 1,341 buyers between 2004 and 2014.
The club, stopped issuing new memberships in 1996, but those interested could buy it from someone willing to sell his membership through the club, which celebrated its 112th anniversary in August.
Interested buyers were directed to Setho, who would prepare a form with the applicant's genuine details. But when it came to details of the person selling, she would allegedly fill in a fabricated name, or the data of former members. She would also purportedly fabricate the phantom seller's signature.
Setho also allegedly abetted her colleagues in making fraudulent entries in the club's electronic membership database to create the phantom memberships.
And she allegedly told the buyers to pay into bank accounts that actually belonged to money mules, who would then hand her the cash.