Rolls-Royce Phantom
Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more



This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $3 billion.










Singapore Court Sentenced Singapore Citizen Kent Liu Kuei Liang Age 33 to 12 Weeks Jail for Selling Rolls-Royce & Mini-Cooper for $616,000 Belonging to His Mother Without Permission & Forging Her Signature to Clear Debts Owing to Nightclub Dancers, Debts Incurred for Tipping Female Dancers by Buying Flowers & Sashes

4th April 2024 | Hong Kong

A Singapore court has sentenced Singapore citizen Kent Liu Kuei Liang (Age 33) to 12 weeks jail for selling a Rolls-Royce & a Mini-Cooper for $616,000 (S$830,000) belonging to his mother, selling the 2 cars without his mother’s permission & forging her signature to clear debts owing to nightclub dancers.  The debts were incurred for tipping female dancers by buying flowers & sashes at a nightclub.  Background: “The accused’s mother is Liu Shu Yu. At the material time, the accused’s mother was the owner of a Rolls Royce Dawn 6.6 V12 car bearing vehicular registration SNA7354L and a Mini Cooper SE car bearing vehicular registration SNF9258S (the “two cars”).  Sometime around August 2022, the accused came into debt from buying flower garlands for female singers at “Diao Hua” clubs. The accused was desperate for money to settle his debts and decided to sell the two cars, which he knew belonged to his mother, at a car dealer.  On 1 August 2022, the accused contacted Low Lye Seng (“Low”), a representative of a car dealer by the name of Autoart Singapore Pte Ltd (“Autoart”). The accused informed Low that he wanted to sell the two cars belonging to his mother.  Low and the accused agreed that the Rolls Royce car would be sold for S$700,000 and the Mini Cooper car would be sold for S$130,000. The Sales and Purchase agreements for both cars were prepared by Autoart and sent to the accused via Whatsapp. According to the Sales and Purchase agreements, the two cars were to be sold to Autoart for a total of S$830,000.   The accused lied to Low that his mother was out of town in Taiwan, when she was actually in Singapore. The accused had done this because he knew that this was the only way that he could get Low to believe that he is facilitating the sale of the two cars. The accused also informed Low that he would obtain his mother’s signatures on these sales agreements once she returns (sic).  The accused then printed out the Sales and Purchase agreements and forged his mother’s signature in Chinese characters under the column “seller signature”, before sending them back to Low via Whatsapp.   On 1 August 2022, in Singapore, the accused did forge a certain document, to wit, a Sale and Purchase agreement dated 1 August 2022 of a vehicle bearing registration number SNA7354L, by forging the signature of one Liu Shu Yu on the said document, with intent to enter into an express contract with Autoart Singapore Pte Ltd.   On 1 August 2022, in Singapore, the accused did forge a certain document, to wit, a Sale and Purchase agreement dated 1 August 2022 of a vehicle bearing registration number SNF9258S, by forging the signature of one Liu Shu Yu on the said document, with intent to enter into an express contract with Autoart Singapore Pte Ltd.  A representative of Autoart, Cheng Fu Kheong Francis (“Francis”), asked the accused for his mother’s phone number to confirm the sales of the two cars. The accused provided Francis the number “+886 [redacted]”. This number belonged to the accused’s friend “Lala”, who was based in Taiwan. The accused had requested Lala to help him answer a call from a representative of Autoart.  After Francis called the number provided to him by the accused, Francis believed that the accused’s mother authorised the sale of the two cars. Francis informed Low accordingly. Low then authorised a deposit payment of S$100,000 for the Rolls Royce car and S$50,000 for the Mini Cooper car, sent to the accused via PayNow.  On 16 August 2022, the accused (sic) mother lodged a police report against the accused as she believed that the accused had forged her signatures to sell her two cars without her consent.  By virtue of the foregoing, the accused has committed two counts of the offence punishable under section 465 of the Penal Code 1871.  The accused stands charged accordingly.”  Singapore Court (22/3/24):  The accused, Liu Kuei Liang @ Kent, a 33-year-old male Singapore citizen, pleaded guilty to the following charges (“the Charges”):  1) You… are charged that you, on 1 August 2022, in Singapore, did forge a certain document, to wit, a Sale and Purchase agreement dated 1 August 2022 of a vehicle bearing registration number SNA7354L, by forging the signature of one Liu Shu Yu on the said document, with intent to enter into an express contract with Autoart Singapore Pte Ltd, and you have thereby committed an offence punishable under Section 465 of the Penal Code 1871. 2) You…are charged that you, on 1 August 2022, in Singapore, did forge a certain document, to wit, a Sale and Purchase agreement dated 1 August 2022 of a vehicle bearing registration number SNF9258S, by forging the signature of one Liu Shu Yu on the said document, with intent to enter into an express contract with Autoart Singapore Pte Ltd, and you have thereby committed an offence punishable under Section 465 of the Penal Code 1871 … . There was no charge taken into consideration for the purpose of sentencing. For the First Charge, I sentenced the accused to an imprisonment term of 12 weeks. For the Second Charge, I sentenced the accused to an imprisonment term of six weeks. I ordered that the sentences run concurrently. The eventual sentence was an imprisonment term of 12 weeks.  The accused is presently on bail pending appeal. The accused appealed against the sentence. I set out here the reasons for my decision.”

“ Singapore Court Sentenced Singapore Citizen Kent Liu Kuei Liang Age 33 to 12 Weeks Jail for Selling Rolls-Royce & Mini-Cooper for $616,000 Belonging to His Mother Without Permission & Forging Her Signature to Clear Debts Owing to Nightclub Dancers, Debts Incurred for Tipping Female Dancers by Buying Flowers & Sashes “

 



- Article continues below -



Sign Up
Basic Member: $5 Monthly | $60 Yearly
Newsletter Daily 2 pm (Promo): $20 Monthly | $180 Yearly (FP: $680)


The 2024 Investment Day
6th March Hong Kong | 13th March Singapore

Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Taking place on 6th March 2024 in Hong Kong, 13th March 2024 in Singapore.
Visit | Register here


The 2024 Family Office Summit
10th April Hong Kong | 24th April Singapore

Join 100+ single family offices & family office professionals in Hong Kong & Singapore
Links: 2024 Family Office Summit | Register here





 

Singapore Court Sentenced Singapore Citizen Kent Liu Kuei Liang Age 33 to 12 Weeks Jail for Selling Rolls-Royce & Mini-Cooper for $616,000 Belonging to His Mother Without Permission & Forging Her Signature to Clear Debts Owing to Nightclub Dancers, Debts Incurred for Tipping Female Dancers by Buying Flowers & Sashes

Rolls-Royce Phantom



Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?



Quick Links


2021 Data Release
2020 List of Private Banks in Hong Kong
2020 List of Private Banks in Singapore
2020 Top 10 Largest Family Office
2020 Top 10 Largest Multi-Family Offices
2020 Report: Hong Kong Private Banks & Asset Mgmt - $4.49 Trillion
2020 Report: Singapore Asset Mgmt - $3.48 Trillion AUM


For Investors | Professionals | Executives
Latest data, reports, insights, news, events & programs
Everyday at 2 pm
Direct to your inbox
Save 2 to 8 hours per week. Organised for success

Register Below

For CEOs, Heads, Senior Management, Market Heads, Desk Heads, Financial Professionals, Investment Managers, Asset Managers, Fund Managers, Hedge Funds, Boutique Funds, Analysts, Advisors, Wealth Managers, Private Bankers, Family Offices, Investment Bankers, Private Equity, Institutional Investors, Professional Investors

Get Ahead in 60 Seconds. Join 10,000 +
Save 2 to 8 hours weekly. Organised for Success.

Sign Up / Register


    InvestorProfessionalFamily OfficeExecutive


    SubscriptionMembershipEvents


    Professional InvestorPrivate WealthFamily OfficePrivate BankingWealth ManagementInvestmentsAlternativesPrivate MarketsCapital MarketsESG & SICEO & EntrepreneursTax, Legal & RisksHNW & UHNWs Insights










    Web links may be disabled on mobile for security.
    Please click on desktop.










    Caproasia Users

    • Manage $20 million to $3 billion of assets
    • Invest $3 million to $300 million
    • Advise institutions, billionaires, UHNWs & HNWs

    Caproasia Platforms | 11,000 Investors & Advisors

    Monthly Roundtable & Networking

    Family Office Programs

    The 2024 Investment Day

    • March 2024 - Hong Kong
    • March 2024 - Singapore
    • June 2024 - Hong Kong
    • June 2024 - Singapore
    • Sept 2024 - Hong Kong
    • Sept 2024 - Singapore
    • Visit: The Investment Day | Register: Click here

    Caproasia Summits

    Contact Us

    For Enquiries, Membership
    [email protected], [email protected]

    For Listing, Subscription
    [email protected], [email protected]

    For Press Release, send to:
    [email protected]

    For Events & Webinars
    [email protected]

    For Media Kit, Advertising, Sponsorships, Partnerships
    [email protected]

    For Research, Data, Surveys, Reports
    [email protected]

    For General Enquiries
    [email protected]





    Caproasia | Driving the future of Asia
    a financial information technology co.
    since 2014




    Previous articleEx-Board Member of Switzerland IHAG Holding Which Owned Privatbank Daniel Walchli Received No Jail Sentence after Pleading Guilty in 2023 for Tax Evasion Fraud by Helping United States Clients Hide Money Offshore Including $60 Million in Singapore Known as the Singapore Solution, 6 Individuals Charged in 2021 for Tax Evasion Including Using Switzerland, Singapore & Hong Kong
    Next articleMalaysia Sovereign Wealth Fund 1MDB Trial Starts in Switzerland for 2 Individuals in $1.8 Billion Embezzlement & Money-Laundering Case, Swiss & Saudi National Tarek Obaid & Swiss & British National Patrick Mahony Transferred at Least $1.8 Billion to Saudi Oil Exploration & Production Company PetroSaudi from 2009 to 2015
    Caproasia.com covering capital markets, investments and private wealth in Asia. Our users manage, advise & invest $25 trillion assets in Asia