9/04/2014

So sad, but I want to rub shoulder with this FT…he is sooo rich and talented

Below is a letter to TRS post by a Tan to give more details of what was going on in this case.

Dear TRS

I refer to "PRC family allegedly tried to take over $40 million assets of 87 year old widow".

I am a resident at Gerald Crescent and would like offer some insights into the recent saga between Madam Chung and Yang Yin, the China tour guide who tried to swindle the widow’s millions. The background story has already been published but I will offer more supporting evidence. As one of the residents living near this particular bungalow, I have spoken to Mdm Chung and her family on some occasions and have heard from them, and other neighbours, more about Mr Yang Yin.

Yang Yin recently tried to apply for Singaporean citizenship. In order to get his PR in 2009, he used money taken from Madam Chung to purchase a degree from a “University of Financial Trade” in Beijing to aid his application. However, the university does not at all exist.

To further his application, Yang Yin also set up a shell company named “Young Music and Dance Studio” to declare his occupation as a dance teacher. Despite the shell not having any active students, the ICA approved his PR application without any due diligence.

I subsequently wrote to the ICA in 2012 to complain but this fell on deaf ears.

Over the past 5 years, Yang Yin has taken countless art pieces from Madam Chung’s private art gallery to sell off at a discounted rate to their worth. Her private art gallery occupies an entire building in the grounds of her bungalow and contains numerous priceless art pieces. He has additional represented himself as an art expert to further this goal [Please see his namecard].

To further his citizenship application, he has also participated in numerous PAP grassroots events while claiming to help the PRC community in Singapore as the “Executive Director of the Singapore Chinese Immigrants Association” and a “Director of Singapore Chamber of Commerce”. He has numerous interactions with PAP MPs and ministers. He even has had the opportunity to take pictures with PM Lee.

Over the past 5 years, he has taken millions in cash from Madam Chung and lived lavishly off the proceeds, including taking monthly holidays to China and Japan on first class flights while staying in luxury suites. At the same time, he has neglected Madam Chung to the extent that the former multi-millionaire does not even have $1.50 to buy bread.

Tan


Kopi Level - Green

37 comments:

Anonymous said...

This type case sure police cannot do anything. Private matter. Hire your own lawyer.

oldhorse42 said...

Disagreed with earlier comment. There is forgery and cheating involved. Police must investigate if it want to regain public trust

Anonymous said...

Do you think this type of FT fits the profile of one political party:
- know how to wayang
- never do any work that he is paid to do
- getting rich from protecting the assets belonging to Singaporeans
- know how to quickly set up companies to claim government grants

Anonymous said...

If the supporting evidence by a Tan above is indeed true, I am very concerned whether there are many more Yang Yins around and being given PR, or even citizenship, which comes with voting privilege.

Because China has such a big population of 1.3 billion, tio bo? Just imagine, if only 0.001% are Yang Yins and they come to Sinkieland, what will happen?

Anonymous said...

Mdm Chung's family must take part of the blame. Business whether genuine or real is between two parties. Willing seller and willing buyer. When they make millions, no one know but when they got cheated, all cry foul. I empathise but not sympathetic.

Anonymous said...

Sorry. Correction. genuine or FAKE....

Anonymous said...

don't play play........

University of Financial Trade....
Young Music and Dance Studio.....

University of Financial Trade....
Young Music and Dance Studio.....

University of Financial Trade....
Young Music and Dance Studio.....

Anonymous said...

Don't pray pray. Wait he shows you all the photos he took with the PM and ministers to show how important and highly connected then you know.

Anonymous said...

RB, haha I don't get your point cause this story just re enforce two things.

1. The fact established that he is talented. How many people can claim his achievements. You may not like his talent but he is talented. Beauty is in the eyes of the beholder so too bad u do not agree about his talent, Tio Bo?

So the immigration rightly grant him his PR and possibly later citizenship application.

2. This story again re enforce the govt is right in with holding the money from sinkies on their cpf for their safe protection. As one of the writer pointed out, it should be extended to nationalized the oldies assets once they hit 55. Imagine if regulations are in place, u think the poor woman would lose anything? She will be drawing a nice monthly annuity so max her damage would be a small sum monthly.

Now, RB I hope you now understand the govt intention of with holding your cpf. In fact they are not doing enough cause too many people kpkb on the cpf that the govt is hesitant to move to enhance the protection, Tio Bo? U tell me lar.

Anonymous said...

@ September 04, 2014 3:41 pm

This is a sad case.
But this is still not a reason to withhold our CPF money.
Free country, free choice.
- Those that feel they cannot be trusted with their own money ... they can have the option to continue to leave money with the PAP government.
- Those that feel they can manage their own money should be free to withdraw all their cpf money at 55 years old per original PAP promise

Anonymous said...

University of Financial Trade....
Young Music and Dance Studio.....

Are these also $2 companies?

Chua Chin Leng aka redbean said...

Anon 3:41,

Do you want a serious answer, cheeky answer or a naive answer?

I only reply seriously when the person is capable of thinking seriously.

Anonymous said...

Bravo... a masterpiece indeed

I salute u for your in-depth understanding of the sincerity n wisdom of papigs

Influx of ft are badly needed to immediately solve the stupidity of current stocks n to improve the bloodline of future generation

What is sorely lacking is mass influx of Jewish blood.. the smartest people on earth.. of cause old fart is also a hakka Jew

Leemember... papigs is genuine unlike others alternative parties

Vote for papigs.. they r the bastard

Anonymous said...

All is not right with the ICA. It's so easy getting PR in s'pore and bringing his whole family to s'pore. No wonder the infrastructure is so overloaded.

Anonymous said...

All is not right with the ICA. It's so easy getting PR in s'pore and bringing his whole family to s'pore. No wonder the infrastructure is so overloaded.
September 04, 2014 4:47 pm

So how?
How to help ICA?
Vote Opposition lah!

Anonymous said...

New "linenal leechy" song: " 管You, 管Me "

[Chorus ]

"管You, 管Me, 管 sinkies always , that's the way it will be.
管You, 管Me, 管 together,
LEEGALLY

Sinkies had a dream, Sinkies had an awful dream.......
People in the par playing games in the da
And what they played was a wayangparade
From behind walls of dungeon a voice was SHOUTING out

管 you, 管 me

As we go down SINKIELAND's highway
Seems the hardest thing to do is to find trust or truth
Many untrustworthy man
They only understand
That when one in a million get swindled
They will only say "See! Must hold back CPF!"

[Chorus]

管You, 管Me, 管 SINKIES always , that's the way it will be.
管You, 管Me, 管 together,
LEEGALLY "


Rb, YEW see.

Your life will always be "管ed " !

Because they will "always 管You, 管Me, 管 SINKIES together,
LEEGALLY " ........

Anonymous said...

New "minegal bluebird " song "管you, 管me, 管sinkies"


" Tell me when CPF will be mine
Tell me 管you, 管me, 管sinkies
We can share SINKIELAND destiny
Just don't make me wait till CPF not mine

When will you say yes CPF to me
Tell me 管you, 管me, 管sinkies
CPF means happiness to me
when will it be returned at 55

Every minute CPF is not paid to me
Every minute seems a lifetime
Let me tell you how
By coming to HLP camaraderie

SINKIES can't wait any more
Tell me 管you, 管me, 管sinkies
Say its sinkies you call daft
Tell sinkies CPF can return at 55

Every minute CPF is not paid to me
Every minute seems a lifetime
Let me tell you how
By coming to HLP camaraderie

SINKIES can't wait any more
Tell me 管you, 管me, 管sinkies
Say its sinkies you call daft
Tell sinkies CPF can return at 55

Whoa garment tell me when
tell me when tell me when
Yo cum on tell me when
Yea CPF at 55! "

agongkia said...

Charge this Ying Yang or Yang Ying whatever and make him surrender all his assets and jail him.
Those who bought art pieces from him should also be investigated for fraudulent possession and item forfeited and return to its rightful owner.
I am surprise one with so much assets has no children around to care for her.
Cheated by such foreign cheats might as well give me some money and engage me to be her cleaner or sookoority guard .Can protect her 24 hours and stay in bungalow.
Sinkie rich tai tais,take note .Agongkia is here.Do call me if you need protection, taking care of your bungalow or any service.At least you won't get cheated.

b said...

Haha. FTs are indeed very talented especially in conmanship. But it is no surprise lah. To survive well in sg, have to be very skillful in conmanship. If in doubt, just ask the papists.

b said...

Anyway, the madam has to blame it all on her daftness.

Anonymous said...

RB, I am surprise u did not detect 3.41 pm sarcastic post written the same way when u were sarcastic!

Chua Chin Leng aka redbean said...

My apologies to 3:41. I really missed that. I also always kena by others who failed to understand me as well.

Well, many have asked me to be more direct. If 3:41 has used a nick, then I could remember who he is and the style.

Matilah has one and I know when he is serious or when he is talking nonsense, or when he is asking me to give him a kick in the butt.

Chua Chin Leng aka redbean said...

Don't forget there are several IBs here and it is very easy to think that could be an IB.

Anonymous said...

Red bean, apologies accepted.

Chua Chin Leng aka redbean said...

Ha, it would be good if you called yourself watermelon, superman or anything. Then there will be less miss skewed : )

Anonymous said...

One of the main issues now is the high cost of rentals/ land prices/ property prices. Such costs are practically passed on to every damn thing YEW name it. The Chinese have one phrase for human needs in order to sustain oneself: "衣,食,住,行". Practically every good and service needed by sinkies in this land have to be paid through the nose. One commenter recently chided sinkies for complaining about high food prices at some mass market food outlets and wrongfully jumped to the conclusion that sinkies were complaining about being fleeced by hawkers. Or so it appeared. Was it that the commenter could have been an IB tasked to shadow MSN and purportedly twisted the feedback to appear sinkies even complained being fleeced by hawkers which is generally not the case. What sinkies actually IMPLIED is that even food courts pricing are so elevated at some outlets possibly due to being "FLEECED" by land owners and ultimately passed on to every sinkies! At the current rate, much earnings of the masses are being "Sucked" into the pockets of the land and property owners. In the event of a major downturn, many common folks especially the lower half of SINKIELAND may not have any or enough or good buffers to sustain their livelihoods decently. It is very sad to see that the bulk of the fruits of the monthly labour of many sinkies go to lining the pockets of the already very rich land and property owners. On top of that, with all these constant taxation here, taxation there such as levies, GST, erp, coe, water conservation taxes, over due utilities penalties, money greedy telcos which terminate phone services nowadays just for one month overdue etc etc, majority of bottom half of sinkies ability to cope with their livelihoods is greatly diminished. In the event of the next major downturn, the ramifications of current economic ills would be magnified many folds and the consequences and economic impact on the bottom half of sinkies UNIMAGINABLE! Such is the sad state of affairs in SINKIELAND. It is not a tale of TWO cities! It is a SIN city of TWO TALES of widening social stratification!

Chua Chin Leng aka redbean said...

When the communists took over China, the first thing they did was to lob off the heads of the land owners and redistribute their land.

We have allowed everything to go to the extremes and things have become more and more unbearable, leading to an unstable system.

Anonymous said...

Mao's beheading of land owners in whatever name is kind of extreme .......

However, even if the paper generals want to, it is an extremely delicate task and process to unwind from sinkieland's current somewhat extreme and highly imbalance cost structure.

It is akin to being "trapped" between a rock and a hard place. Either way is not a palatable solutuon. Either a huge economic tsunami would "assist" to puncture the current huge bubble or alternatively somehow being forced into cold turkey like a drug addict. Both would wrought huge pains and displacement and send big shocks, after shocks, tremors and huge reverberations across the entire spectrum of the economy.

Anonymous said...

Sin needs Shock Therapy.

And the First shall be the Mobilization of the Armed Forces when the Freak Election Result
causes the PAP to lose its' Ruling Mandate.

patriot

Anonymous said...

And the First shall be the Mobilization of the Armed Forces when the Freak Election Result
causes the PAP to lose its' Ruling Mandate.

patriot
September 05, 2014 12:00 am

--------------------------
The Generals & Admirals were already mobilized years ago.
Have you taken a look at SMRT, NOL and the Singapore Parliament?

Walau said...

Congratulation for well written article.

Anonymous said...

When Sun Xu scolded Sinkies as dogs, got politicians came out to defend him. This Yang Yi guy has good connections if you look at the photographs in the net.

Don't be surprised on top politicians come out to defend him. He is rich and very talented. The kind that we want. got money some more.

Matilah_Singapura said...

Caveat emptor lah.

If there are gains to be made, rest assured there will be people who will try to "game" the system, as well as defraud, deceive, cheat and hijack other human beings.

Grow the fuck up lah, and pay attention. i.e. MIND your own BUSINESS with the utmost due diligence.

Anonymous said...

You are eyeing Yang Yin's place?

Anonymous said...

Yang Yin is a grassroot man. Don't pray pray ok.

Anonymous said...

Matilah will screw an 87 year old lady anytime, money or no money.

Anonymous said...

Is this FT being groomed to be an MP?