8 arrested in 3 days for selling fake gold bars to pawnshops, public

By Lydia Lam
The Straits Times
Apr 8, 2014

Another six men have been arrested for trying to sell fake gold bars, just three days after two men were caught for the same offence.

The men, aged between 17 and 24, were arrested after simultaneous operations on Thursday (April 6) and Friday (April 7) at Joo Koon Road, Kampong Java Road, Yishun and Outram Road.

A total of 45 fake gold bars were discovered, the police said in a news release on Saturday (April 8).

The men had tried to sell the fake gold bars at several pawnshops and to the public, preliminary investigations have found.

The police had received several reports of men trying to sell fake gold bars between March 13 and April 5.

Two people had earlier been arrested on Wednesday (April 5) in relation to the same case.

Three men aged 17, 19 and 24 will be charged for one count of conspiracy to cheat, while investigations against the other suspects are ongoing.

Those found guilty of an offence of cheating can be jailed for up to 10 years and fined.

The police in their release reminded the public to be cautious and not buy gold bars from unreliable sources.

The Straits Times

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