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Jailed for cheating 4 investors
Thu, Feb 18, 2010
The Straits Times

By Khushwant Singh

HE POSED as a big-time caterer with lucrative contracts with the Singapore Armed Forces and firms in Batam, Indonesia.

Mohd Farid Aliman, 41, also promised that for every $4,000 investment in his company, Raffleasia Food Chain Services, it would yield a profit of $1,200 every fortnight.

But the four people who poured in more than half a million dollars between 2001 and 2005 lost nearly all of it and on Thursday, Farid was jailed for 5 1/2 years by a district court.

 

 

 


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