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Why nominee director's are stupid and go to prison

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PNGMK
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Why nominee director's are stupid and go to prison

Post by PNGMK » Thu, 08 Oct 2020 8:39 pm

I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

Myasis Dragon
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Re: Why nominee director's are stupid and go to prison

Post by Myasis Dragon » Fri, 09 Oct 2020 5:59 am

Add greedy to that list. These clowns obviously thought that they had hit the pot of gold because I am sure that they must have looked at the books at one time or another.

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PNGMK
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Re: Why nominee director's are stupid and go to prison

Post by PNGMK » Fri, 09 Oct 2020 9:36 am

Myasis Dragon wrote:
Fri, 09 Oct 2020 5:59 am
Add greedy to that list. These clowns obviously thought that they had hit the pot of gold because I am sure that they must have looked at the books at one time or another.
Yeah SE, except I do not that one of the nominee director's plea was "how to stop them using my address" which might point to a process hole in ACRA's systems.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

Myasis Dragon
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Posts: 106
Joined: Wed, 05 Feb 2020 7:13 am

Re: Why nominee director's are stupid and go to prison

Post by Myasis Dragon » Fri, 09 Oct 2020 10:47 pm

PNGMK wrote:
Fri, 09 Oct 2020 9:36 am
Myasis Dragon wrote:
Fri, 09 Oct 2020 5:59 am
Add greedy to that list. These clowns obviously thought that they had hit the pot of gold because I am sure that they must have looked at the books at one time or another.
Yeah SE, except I do not that one of the nominee director's plea was "how to stop them using my address" which might point to a process hole in ACRA's systems.
Yes, it is kind of curious. "Stop using my address" suggests that he was/is running some kind of serviced office... also his other comment about having other clients.

But while serviced offices supply a hard address for a registered address, secretarial and phone answering services, meeting rooms, and even clerical help, I've never seen a serviced office offer up a bank account. Your company bank account is always yours, not the serviced office.

Therefore, one of two things must be true. The company is a 100 percent pure scam setup, purposefully designed to launder money through the company's account, OR, Yeo Tiam Chye agreed to run dirty money through his serviced office bank account.

Either way, he had to know that what he was doing was dirty. I mean, this is why companies like RIvkin, crazy enough to be your rented director, crawl up your ass with a microscope, and want a hand in every aspect of your day to day business.

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