This Abraham Rock Very Daring and Clever
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He made a S$3.77 million claim which includes CPF and a few insurance companies, by claiming his lao bu is dead, but only managed to get S$129,300 because some of the insurance companies found discrepancies in his claim which led to the discovery of the fraud.
I think the difficult part is the lao bu supposedly died overseas, so it is difficult to know for sure so can only rely on the documents this guy submitted. ICA and CPF is government body, don't care about anything just see paper black and white, paper say die means die, no need to verify.
It is hard to believe this is the only case, especially for these foreigners covert to Singaporeans/PR, how many lao bu or lao peh or wife or husband, daughter son uncle auntie, cousin or whatever died overseas, haha I think if now really go verify, for all you know these "deceased" people still well and alive and enjoying the Singapore currency that they easily illegally obtained, I mean all you need is just fake documents from the foreign country and then translated to English, that's it.
Hmm, but then actually locals can easily carry out this scam too, just don't die in SG, die overseas hahaha.
Looking at how easily ICA registered the death purely based on documents and nothing else, and how CPF simply released the funds purely because ICA says the person is dead, this is all you need to do if you get bored of SG and want to go live somewhere else and fully withdraw your CPF monies:
ICA: To report a death that occurred outside Singapore, you will need to provide the following documents:
He made a S$3.77 million claim which includes CPF and a few insurance companies, by claiming his lao bu is dead, but only managed to get S$129,300 because some of the insurance companies found discrepancies in his claim which led to the discovery of the fraud.
I think the difficult part is the lao bu supposedly died overseas, so it is difficult to know for sure so can only rely on the documents this guy submitted. ICA and CPF is government body, don't care about anything just see paper black and white, paper say die means die, no need to verify.
It is hard to believe this is the only case, especially for these foreigners covert to Singaporeans/PR, how many lao bu or lao peh or wife or husband, daughter son uncle auntie, cousin or whatever died overseas, haha I think if now really go verify, for all you know these "deceased" people still well and alive and enjoying the Singapore currency that they easily illegally obtained, I mean all you need is just fake documents from the foreign country and then translated to English, that's it.
Hmm, but then actually locals can easily carry out this scam too, just don't die in SG, die overseas hahaha.
Looking at how easily ICA registered the death purely based on documents and nothing else, and how CPF simply released the funds purely because ICA says the person is dead, this is all you need to do if you get bored of SG and want to go live somewhere else and fully withdraw your CPF monies:
ICA: To report a death that occurred outside Singapore, you will need to provide the following documents:
- The next of kin’s identification documents - if lao bu die, this next of kin can be the lao peh, son or daughter.
- Import or export permit (if available) - no need if you bury overseas lol.
- Burial or cremation permit (if available) - you have to buy a fake one since you bury overseas.
- The next of kin’s birth certificate or marriage certificate to prove their relationship to the deceased (if available) - as per point 1.
- A death certificate issued by the local authorities or a certified true copy of the death certificate - just buy from the local authorities lol, money makes the world go round.
- The deceased’s identification documents – for example, Singapore passport, Identity Card (IC) or citizenship certificate. - as per point 1, lao bu die just provide lao bu info.
Once done, ICA will push this info to CPF board, you don't even need to notify because when Singaporeans or PR die, ICA will inform CPF board, see this: https://www.cpf.gov.sg/Members/Schemes/schemes/other-matters/cpf-withdrawals-on-other-grounds, section "How does the distribution of CPF savings work?"
Just remember before you "die" make sure you do CPF nomination, for example after you "die", you want to put the money in your son bank account, so you nominate your son, so when you really "die", CPF board will auto transfer your CPF monies into your son's bank account.
I think the only few significant cost is just to buy all the supporting documents and then translate to English, heck what is that small money when you can fully withdraw your CPF monies, right? Hahaha.
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