SAF regular siphoned S$1.6 million from father, including S$533,800 in CPF funds
Even after his 62-year-old father detected the dipping bank balances, Tay Yi Cong posed as bank officers to delay being discovered and pretended to file a police report for him.
Singapore Armed Forces (SAF) member Tay Yi Cong, 29, was sentenced to seven years in prison for stealing S$1.6 million from his adoptive father, including S$533,800 from his CPF funds. The theft occurred after Tay developed a gambling addiction, which he maintained even while posted in Taiwan. To fund his habit, he transferred money from his father's accounts to his own, posing as bank officers to prevent detection.
When authorities closed in, Tay fled to Taiwan, but surrendered after an elderly shopkeeper reminded him of his grandmother.
Written by urgent.news from CNA - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- SAF regular siphoned S$1.6 million from father, including S$533,800 in CPF funds channelnewsasia.com
