Couple behind $32m undelivered luxury good (compiled)

[superflawless]

I find the entire saga extremely fascinating.
There are multiple angles you can view this ongoing saga.

In case you are not caught up on this story of fraud and luxury branded goodes, here is what happened thus far: 

"According to ST, police have received over 180 reports against the couple, who owe customers at least S$32 million worth of undelivered luxury items. About 200 people in Singapore were purportedly left hanging after trusting a young couple with their money to help them buy branded goods at a supposedly lower price. The reports were against two companies, Tradeluxury and Tradenation, which was registered as a precious stones and precious metals dealer. 
However, instead of delivering the items as promised, the pair suddenly became uncontactable.
One customer, 37-year-old Mr Huang, told the Chinese daily that he started following the couple on Instagram last year. 
They once helped him buy a Rolex timepiece for S$26,000 and sent it to his home a month later. After confirming that the watch was authentic, Mr Huang – surname transliterated from Chinese – decided to trust the buyers and placed more orders earlier this year.
From January to February, he ordered six Rolex and Patek Philippe watches worth a total of S$700,000.
Mr Huang said the price the couple offered was 10% lower than the market price, so it was “very worth it”.
When the watches still hadn’t arrived after many months, he contacted the couple for an explanation, and they added him to a Telegram group in end-June. 
It was then that Mr Huang learned that many other customers had not received their orders.
Another customer, 29-year-old Ms Zhang, told Shin Min Daily News that she ordered a S$20,000 Rolex from the couple for a friend in May. 
The couple told her they got the items from Switzerland and could deliver them in two weeks. However, like Mr Huang, she has yet to get her hands on the watch.
Ms Zhang added that two university graduates had reached out to her about being in similar predicaments.


One bought S$40,000 worth of designer handbags and hoped to flip them for a profit to pay off student loans, while the other spent S$60,000 on watches. Neither of them has received their goods.
A self-employed person, also surnamed Huang, shared that he saw the couple’s listings on Carousell and purchased three Rolex watches for S$78,000 in June.
When the buyers failed to deliver the products, the 50-year-old lodged a police report. He added that his request for a refund was unsuccessful. The couple also did not respond to any of his enquiries. 
All three customers said that there are almost 200 others still waiting for their items. The total value of the goods is estimated to be at least S$32 million.
When contacted by Shin Min Daily News, the police confirmed that they had received reports and that the case is currently under investigation.


On 27 Jun, authorities arrested a 26-year-old Singaporean for his suspected involvement in cheating offences.
Police impounded his passport and let him out on bail the next day, pending the completion of investigations. 
His wife, a 27-year-old Thai national, also assisted the police with their investigations. She surrendered her passport to them on 30 Jun.
However, the police were subsequently unable to contact the pair.

It has now been revealed that the couple had fled Singapore by hiding in a container compartment of a lorry. How did they escape? A 40-year-old Malaysian man had helped the couple to leave Singapore illegally. The Malaysian was arrested and charged last Friday for his role in the couple's escape on 4 July.

Singapore police on Wednesday said arrest warrants and Interpol notices have been issued against the couple – a 26-year-old Singaporean man, Pi Jiapeng, and his 27-year-old Thai wife, Pansuk Siriwipa."


 

[superflawless]

So,

Singaporeans are very rich

And trusting

and a bit naive and gullible

[superflawless]

These two are quite gutsy, resourceful and revoltingly brazen.

[superflawless]

The authorities are completely useless.

You impound their passports but allowed bail to be posted.

Then your check points did not make the discovery that they have escaped.

 

 

[superflawless]

And so.... the question begs to be asked: How will they make full use of the stolen funds to keep themselves safe? Any guesses?

Plastic surgery?

Which countries would be safe for criminals like them?

Which countries would not be under the jurisdiction of Interpol?

 

[Startup]

All businesses operate on the same principle. Earn a bit of trust first then make them part with more money. 
 

Which is why businesses that do best are scams, religions and politics.

[fab]

Greed.

 

On 7/21/2022 at 10:28 AM, superflawless said:

I find the entire saga extremely fascinating.
There are multiple angles you can view this ongoing saga.

In case you are not caught up on this story of fraud and luxury branded goodes, here is what happened thus far: 

"According to ST, police have received over 180 reports against the couple, who owe customers at least S$32 million worth of undelivered luxury items. About 200 people in Singapore were purportedly left hanging after trusting a young couple with their money to help them buy branded goods at a supposedly lower price. The reports were against two companies, Tradeluxury and Tradenation, which was registered as a precious stones and precious metals dealer. 
However, instead of delivering the items as promised, the pair suddenly became uncontactable.
One customer, 37-year-old Mr Huang, told the Chinese daily that he started following the couple on Instagram last year. 
They once helped him buy a Rolex timepiece for S$26,000 and sent it to his home a month later. After confirming that the watch was authentic, Mr Huang – surname transliterated from Chinese – decided to trust the buyers and placed more orders earlier this year.
From January to February, he ordered six Rolex and Patek Philippe watches worth a total of S$700,000.
Mr Huang said the price the couple offered was 10% lower than the market price, so it was “very worth it”.
When the watches still hadn’t arrived after many months, he contacted the couple for an explanation, and they added him to a Telegram group in end-June. 
It was then that Mr Huang learned that many other customers had not received their orders.
Another customer, 29-year-old Ms Zhang, told Shin Min Daily News that she ordered a S$20,000 Rolex from the couple for a friend in May. 
The couple told her they got the items from Switzerland and could deliver them in two weeks. However, like Mr Huang, she has yet to get her hands on the watch.
Ms Zhang added that two university graduates had reached out to her about being in similar predicaments.


One bought S$40,000 worth of designer handbags and hoped to flip them for a profit to pay off student loans, while the other spent S$60,000 on watches. Neither of them has received their goods.
A self-employed person, also surnamed Huang, shared that he saw the couple’s listings on Carousell and purchased three Rolex watches for S$78,000 in June.
When the buyers failed to deliver the products, the 50-year-old lodged a police report. He added that his request for a refund was unsuccessful. The couple also did not respond to any of his enquiries. 
All three customers said that there are almost 200 others still waiting for their items. The total value of the goods is estimated to be at least S$32 million.
When contacted by Shin Min Daily News, the police confirmed that they had received reports and that the case is currently under investigation.


On 27 Jun, authorities arrested a 26-year-old Singaporean for his suspected involvement in cheating offences.
Police impounded his passport and let him out on bail the next day, pending the completion of investigations. 
His wife, a 27-year-old Thai national, also assisted the police with their investigations. She surrendered her passport to them on 30 Jun.
However, the police were subsequently unable to contact the pair.

It has now been revealed that the couple had fled Singapore by hiding in a container compartment of a lorry. How did they escape? A 40-year-old Malaysian man had helped the couple to leave Singapore illegally. The Malaysian was arrested and charged last Friday for his role in the couple's escape on 4 July.

Singapore police on Wednesday said arrest warrants and Interpol notices have been issued against the couple – a 26-year-old Singaporean man, Pi Jiapeng, and his 27-year-old Thai wife, Pansuk Siriwipa."


 

 

[Guest Guest]

Can hide in china 

[lonelyglobe]

On 7/21/2022 at 10:48 AM, Startup said:

All businesses operate on the same principle. Earn a bit of trust first then make them part with more money. 
 

Which is why businesses that do best are scams, religions and politics.

and charity

[lonelyglobe]

On 7/21/2022 at 10:34 AM, superflawless said:

And so.... the question begs to be asked: How will they make full use of the stolen funds to keep themselves safe? Any guesses?

Plastic surgery?

Which countries would be safe for criminals like them?

Which countries would not be under the jurisdiction of Interpol?

 

Thailand is safe,  remenber that canadian guy who came in via robbery visa,  oh i mean social visa, rob SCB and escape to Thailand, SG do not have any extradition agreement with the thai. 

[lonelyglobe]

On 7/21/2022 at 11:27 AM, fab said:

Greed.

Both the seller and the buyer.

[Guest Guest]

Rolex is never sold through online channel yet people fall for the scam.

[Spugnatura]

On 7/21/2022 at 10:32 AM, superflawless said:

The authorities are completely useless.

You impound their passports but allowed bail to be posted.

Then your check points did not make the discovery that they have escaped.

 

 

The SPF is fucking brainless. 🔥 

[Spugnatura]

How come the Singaporean man look like PRC? 

[fab]

This reminds of the case where a watch retail sales man who stole a luggage of watches and flee to Thailand. Very soon he surrendered to the police as 黑白两道 were both after him. 

[yhtang]

On 7/21/2022 at 1:00 PM, lonelyglobe said:

Thailand is safe,  remenber that canadian guy who came in via robbery visa,  oh i mean social visa, rob SCB and escape to Thailand, SG do not have any extradition agreement with the thai. 

 

I remember this case, the subject was a Canadian.  I think he was jailed for 6 months in Thailand for not declaring to the Thai government he brought in more than USD10k, and for money laundering.  I presume he was deported to Canada after his prison term because he held a Canadian passport.

 

In this case, if the couple were to smuggle themselves into Thailand, I think the girl would be OK since she is Thai, but the man will be stateless.  I do not know what happened to the money, but if the sum were held in some bank somewhere and not physically carried into Thailand, this would be a case quite different from that Canadian. 

[singalion]

On 7/21/2022 at 10:28 AM, superflawless said:

I find the entire saga extremely fascinating.
There are multiple angles you can view this ongoing saga.

In case you are not caught up on this story of fraud and luxury branded goodes, here is what happened thus far: 

"According to ST, police have received over 180 reports against the couple, who owe customers at least S$32 million worth of undelivered luxury items. About 200 people in Singapore were purportedly left hanging after trusting a young couple with their money to help them buy branded goods at a supposedly lower price. The reports were against two companies, Tradeluxury and Tradenation, which was registered as a precious stones and precious metals dealer. 
However, instead of delivering the items as promised, the pair suddenly became uncontactable.
One customer, 37-year-old Mr Huang, told the Chinese daily that he started following the couple on Instagram last year. 
They once helped him buy a Rolex timepiece for S$26,000 and sent it to his home a month later. After confirming that the watch was authentic, Mr Huang – surname transliterated from Chinese – decided to trust the buyers and placed more orders earlier this year.
From January to February, he ordered six Rolex and Patek Philippe watches worth a total of S$700,000.
Mr Huang said the price the couple offered was 10% lower than the market price, so it was “very worth it”.
When the watches still hadn’t arrived after many months, he contacted the couple for an explanation, and they added him to a Telegram group in end-June. 
It was then that Mr Huang learned that many other customers had not received their orders.
Another customer, 29-year-old Ms Zhang, told Shin Min Daily News that she ordered a S$20,000 Rolex from the couple for a friend in May. 
The couple told her they got the items from Switzerland and could deliver them in two weeks. However, like Mr Huang, she has yet to get her hands on the watch.
Ms Zhang added that two university graduates had reached out to her about being in similar predicaments.


One bought S$40,000 worth of designer handbags and hoped to flip them for a profit to pay off student loans, while the other spent S$60,000 on watches. Neither of them has received their goods.
A self-employed person, also surnamed Huang, shared that he saw the couple’s listings on Carousell and purchased three Rolex watches for S$78,000 in June.
When the buyers failed to deliver the products, the 50-year-old lodged a police report. He added that his request for a refund was unsuccessful. The couple also did not respond to any of his enquiries. 
All three customers said that there are almost 200 others still waiting for their items. The total value of the goods is estimated to be at least S$32 million.
When contacted by Shin Min Daily News, the police confirmed that they had received reports and that the case is currently under investigation.


On 27 Jun, authorities arrested a 26-year-old Singaporean for his suspected involvement in cheating offences.
Police impounded his passport and let him out on bail the next day, pending the completion of investigations. 
His wife, a 27-year-old Thai national, also assisted the police with their investigations. She surrendered her passport to them on 30 Jun.
However, the police were subsequently unable to contact the pair.

It has now been revealed that the couple had fled Singapore by hiding in a container compartment of a lorry. How did they escape? A 40-year-old Malaysian man had helped the couple to leave Singapore illegally. The Malaysian was arrested and charged last Friday for his role in the couple's escape on 4 July.

Singapore police on Wednesday said arrest warrants and Interpol notices have been issued against the couple – a 26-year-old Singaporean man, Pi Jiapeng, and his 27-year-old Thai wife, Pansuk Siriwipa."


 

 

Actually, why do people buy branded products from such bogey men?

 

And who would leave cash to buy a watch without receiving the watch on hand during the purchase?

 

 

[singalion]

On 7/21/2022 at 4:17 PM, yhtang said:

 

I remember this case, the subject was a Canadian.  I think he was jailed for 6 months in Thailand for not declaring to the Thai government he brought in more than USD10k, and for money laundering.  I presume he was deported to Canada after his prison term because he held a Canadian passport.

 

In this case, if the couple were to smuggle themselves into Thailand, I think the girl would be OK since she is Thai, but the man will be stateless.  I do not know what happened to the money, but if the sum were held in some bank somewhere and not physically carried into Thailand, this would be a case quite different from that Canadian. 

 

but while Thailand permitted him to escape out of Thailand, it were the British that  "extradited" him to Singapore, where he went to jail.

 

https://www.straitstimes.com/singapore/courts-crime/canadian-david-james-roach-gets-five-years-six-strokes-for-holland-village

 

The Singapore government had agreed not to cane him, then the British authorities permitted the sending to Singapore...

 

[Spugnatura]

On 7/21/2022 at 8:32 PM, singalion said:

 

Actually, why do people buy branded products from such bogey men?

 

And who would leave cash to buy a watch without receiving the watch on hand during the purchase?

 

 

They were trying to flip and profit. 

 

I was wondering about that too. A disaster waiting to happen

[Spugnatura]

Incredible that not only the buyers were dumb, the police even more so!!!

 

The couple was able to pull this off only because everyone totally let their guards down!!!

 

 

[mith]

On 7/21/2022 at 4:17 PM, yhtang said:

 

I remember this case, the subject was a Canadian.  I think he was jailed for 6 months in Thailand for not declaring to the Thai government he brought in more than USD10k, and for money laundering.  I presume he was deported to Canada after his prison term because he held a Canadian passport.

 

In this case, if the couple were to smuggle themselves into Thailand, I think the girl would be OK since she is Thai, but the man will be stateless.  I do not know what happened to the money, but if the sum were held in some bank somewhere and not physically carried into Thailand, this would be a case quite different from that Canadian. 

yeah, it might gave respite to the couple in thailand because there wasn't any extradition law between thailand and singapore.

 

however, i hope they will be apprehended and charge by thai law for illegal entry. even a citizen reentry without a passport is still illegal right?

 

and now the interpol is involve... i wonder if they have the power to make arrest on singapore behalf?  

[yhtang]

On 7/21/2022 at 8:37 PM, singalion said:

 

but while Thailand permitted him to escape out of Thailand, it were the British that  "extradited" him to Singapore, where he went to jail.

 

https://www.straitstimes.com/singapore/courts-crime/canadian-david-james-roach-gets-five-years-six-strokes-for-holland-village

 

The Singapore government had agreed not to cane him, then the British authorities permitted the sending to Singapore...

 

 

Thank you so much for this update.  I have been wondering what happened to that Canadian robber. 
 

I wonder if Thailand deliberately booked him on a flight to Canada that lands in UK so that UK can apprehend and extradite him to Singapore.

 

 

 

In any case, back to Malaysian man and Thai woman, if Thailand boots out the Malaysian for illegal entry into Malaysia, then Singapore can ask for him to be extradited into Singapore.  I suppose the Thai woman will be OK unless she leaves Thailand. 

 

 

[yhtang]

On 7/22/2022 at 8:04 AM, mith said:

yeah, it might gave respite to the couple in thailand because there wasn't any extradition law between thailand and singapore.

 

however, i hope they will be apprehended and charge by thai law for illegal entry. even a citizen reentry without a passport is still illegal right?

 

and now the interpol is involve... i wonder if they have the power to make arrest on singapore behalf?  

 

I think the Malaysian will be charged for illegal entry - unless the Malaysian managed to secure another passport (I don't know if it is possible, I do not know about things like this, I swear!) - and enters Thailand legally using the new passport.  But then again, he cannot remain in Thailand indefinitely.

 

And I wonder if Singapore has finally sorted out an extradition treaty with Thailand since 2016.

 

[fab]

On 7/21/2022 at 3:35 PM, Spugnatura said:

How come the Singaporean man look like PRC? 

 

Made in China.

 

[superflawless]

Aiyoh.... Yum Gong loh....

 

Single Mother Cries After Learning Of Son’s Involvement In S$32M Luxury Goods Scam

 

 

A source claims that the mother of the man did not know he was involved in such antics. She took the news pretty hard when she finally found out.

A source claiming to be familiar with the family shared that Pi is very close with his mother. His mother only found out about them when the supposed inside source went to inform her.

One of the scam victims had also gone to look for Pi’s mother, but it was obvious that she did not know anything about her son’s actions.

In fact, she purportedly kept crying in front of the victim, clearly disheartened by such news.

 

 

Do you believe she did not know?

The son is her only child.... yet they did not live together?

What is more likely?

 

 

Complete Article.

 

 

 

[fetish72]

The problem with some people they well educated but so gullible and easily fall for the best offer for big ticket price item. I guess no point of crying over the spill milk. 

[Guest Guest]

On 7/22/2022 at 2:40 PM, fetish72 said:

The problem with some people they well educated but so gullible and easily fall for the best offer for big ticket price item. I guess no point of crying over the spill milk. 

think u mis-read e article in front of ur post. lol

[superflawless]

I read that, this wasn't the buyer's first deal with this couple.

Previously they had also purchased from them and the couple always delivered.

Don't know what happened this time....

Maybe this time, too many people buy, too much money.

This pot of money of $32 million became too enticing.

So enticing that, the man can harden his heart and leave his mother behind. 

[Guest Think]

On 7/23/2022 at 11:44 AM, superflawless said:

I read that, this wasn't the buyer's first deal with this couple.

Previously they had also purchased from them and the couple always delivered.

Don't know what happened this time....

Maybe this time, too many people buy, too much money.

This pot of money of $32 million became too enticing.

So enticing that, the man can harden his heart and leave his mother behind. 

how do you think cons work? You can’t go straight to stealing a large amount the first time, you have to build up trust and create credibility first, so you can then steal even more.

[Guest Guest]

Look at city harvest church  ..Pastor cheated million dollars and just jail for few years .

[superflawless]

On 7/23/2022 at 12:32 PM, Guest Think said:

how do you think cons work? You can’t go straight to stealing a large amount the first time, you have to build up trust and create credibility first, so you can then steal even more.

I would never pay in full. Even with long time vendors, I always just pay a small deposit.

If they cannt accept, then sudah lah.

I prefer not to lose $750,000. 

 

[Guest DereRich]

On 7/21/2022 at 8:32 PM, singalion said:

 

Actually, why do people buy branded products from such bogey men?

 

And who would leave cash to buy a watch without receiving the watch on hand during the purchase?

 

 

Exactly.  Really rich people like me only go to the shops.  We want salesperson to bow to us, serves drinks etc.

 

We are very classy people you know.  Only those shameless and cheapo will buy online.  Yucks! 

 

Different league lah.

[Guest Guest]

On 7/21/2022 at 3:35 PM, Spugnatura said:

How come the Singaporean man look like PRC? 

 

It's mentioned in the media that he was actually born in China.

[Guest Try and see]

On 7/22/2022 at 2:28 PM, superflawless said:

Do you believe she did not know?

The son is her only child.... yet they did not live together?

What is more likely?

 

Very possible ah.

Quite common for criminals to hide their activities from their family members, including one's spouse and parents. 

[Guest Try and see]

On 7/21/2022 at 3:57 PM, fab said:

This reminds of the case where a watch retail sales man who stole a luggage of watches and flee to Thailand. Very soon he surrendered to the police as 黑白两道 were both after him. 

 

Luckily it was only 黑白两道 that were after him, and not 黑白无常 😂

[radiusulnar]

and i first thought successful entrepreneurs who might win awards and IPO their business one day

[fab]

On 7/24/2022 at 12:22 PM, Guest Try and see said:

 

Luckily it was only 黑白两道 that were after him, and not 黑白无常 😂

 

If not manage well, very soon it will 黑白无常。 

[Guest Try and see]

On 7/24/2022 at 8:07 PM, fab said:

 

If not manage well, very soon it will 黑白无常。 

 

Very true 😁

[Guest Chin]

If they have to check every vehicle then something is very wrong. Aren't ICA officers trained to spot suspicious looking vehicles or people ? Or have inside information and tipoffs ? Or high tech equipment to detect modifications ? How come they are still relying on manual inspections on every vehicle in this present day ? 🤔

[Guest Frogtad]

On 7/21/2022 at 8:37 PM, singalion said:

 

but while Thailand permitted him to escape out of Thailand, it were the British that  "extradited" him to Singapore, where he went to jail.

 

https://www.straitstimes.com/singapore/courts-crime/canadian-david-james-roach-gets-five-years-six-strokes-for-holland-village

 

The Singapore government had agreed not to cane him, then the British authorities permitted the sending to Singapore...

 

Using the word escape is wrong.
 

He served his sentence in Thailand based on the laws he broke in Thailand and the Thai authorities sent him back to Canada after that. He is a free man after completing his sentence in Thailand and therefore Thailand did not allow him to escape but simply kicked him out as he has no legal status to stay in Thailand. 
 

Using the word escape make Thailand look bad as if the Thai authorities are in cahoots with the man. 

[lonelyglobe]

On 7/26/2022 at 6:56 AM, Guest Chin said:

If they have to check every vehicle then something is very wrong. Aren't ICA officers trained to spot suspicious looking vehicles or people ? Or have inside information and tipoffs ? Or high tech equipment to detect modifications ? How come they are still relying on manual inspections on every vehicle in this present day ? 🤔

If that canadian man can depart easily from changi airport, nothing is impossible,  just a matter of luck.

 

Remember how that mas selamat escape from detention centre and flee to JB. 

[IpMan]

[gstringuy26]

Wow...Conmen are getting younger and younger! 

What if they dare con a triad gang head, their heads will roll? haha

[Guest Chin]

It is undeniable that anyone caught in long jams are frustrated especially under certain weather conditions. Sparing a thought for those hardworking officers (brothers and sisters) who missed lunch or toilet breaks when understaff. I believed the ICA has put in tremendous efforts to make improvements to make everyone happy, keeping Singapore safe at the border. I hope constructive feedbacks or ideas from fellow Singaporeans towards improving the situation and showing a friendly smile is another humane way to show our gratitude. We should feel blessed.

[123ZZZ]

On 7/26/2022 at 1:01 PM, IpMan said:

Yang earth not born in season and not rooted, fire and earth favourable. Officer strong in chart, spouse palace clashed.

[singalion]

On 7/22/2022 at 8:04 AM, mith said:

yeah, it might gave respite to the couple in thailand because there wasn't any extradition law between thailand and singapore.

 

however, i hope they will be apprehended and charge by thai law for illegal entry. even a citizen reentry without a passport is still illegal right?

 

and now the interpol is involve... i wonder if they have the power to make arrest on singapore behalf?  

 

But from the Singaporean the passport was compounded. That means he fled without a valid passport. Same for the Thai lady.

 

He would now need a new passport to enter Thailand legally.

It is not sure whether they reached Thailand.

 

It seems that they are in Malaysia and Malaysia extradites criminals to Singapore.

 

However, with some helpers they may flee Malaysia also into Thailand.

 

The problem starts when people realise that there is something fishy with them, then they might run out of money sooner or later as plenty of "helping" people will try to squeeze money out of them.

 

The problem is also whether the police took action to trace the money... of the couple.

 

 

 

[gc0805]

On 7/21/2022 at 9:34 AM, superflawless said:

And so.... the question begs to be asked: How will they make full use of the stolen funds to keep themselves safe? Any guesses?

Plastic surgery?

Which countries would be safe for criminals like them?

Which countries would not be under the jurisdiction of Interpol?

 

The answer is Thailand Thailand and Thailand.

[G_M]

@singalion

 

Don't divert the topic!

[fetish72]

On 7/22/2022 at 2:51 PM, Guest Guest said:

think u mis-read e article in front of ur post. lol

Is not i miss read it just i wonder why some people can call for such people what I'm saying is my point of you.

[Guest Chin]

It is undeniable that anyone caught in long jams are frustrated especially under certain weather conditions. Sparing a thought for those hardworking officers (brothers and sisters) who missed lunch or toilet breaks when understaff. I believed the ICA has put in tremendous efforts to make improvements to make everyone happy, keeping Singapore safe at the border. I hope constructive feedbacks or ideas from fellow Singaporeans towards improving the situation and showing a friendly smile is another humane way to show our gratitude. We should feel blessed.