He tricked loan shark, then fled while on bail

He tricked loan shark, then fled while on bail

A man gave his brother-in-law's address to an illegal moneylender in order to obtain loans, knowing that he would not be harassed if he failed to repay.

Salahudin Mohd Rasip, 46, on Thursday pleaded guilty to giving the false information to the loan shark called Simon in April 2011.

While Salahudin was out on bail for this offence, he absconded in September last year, when he was scheduled to give his plea in court.

He went on to commit two more offences of criminal breach of trust - one involving misappropriation of $243,650 from Homeway Lifestyle I.D., a company he had worked for as a sales designer between October last year and June this year. He used the money to splurge on his friends and pay divorce maintenance.

Salahudin was re-arrested in June this year.

He pleaded guilty to one charge of criminal breach of trust related to the money he took from his former company. For the two charges he was convicted of, he was sentenced to a total of 32 months' jail.

Deputy Public Prosecutor Rajiv Rai said Salahudin moved in to live with his brother-in-law in Yishun in November 2009 after he rented out his own unit.

Due to disagreements with his brother-in-law and his family, he moved out in March 2011.

After Salahudin defaulted on his loan repayments, his brother-in-law was harassed three times, with paint splashed on the door of his flat and a wall at the lift landing defaced.

No restitution has been made by Salahudin to Homeway Lifestyle to date.

 

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