Two men arrested for pawning fake gold jewellery in exchange for cash

Since April, a spate of cheating cases involving fake gold jewellery at pawnshops islandwide were reported. The suspects would visit the pawnshops and pass off the fake jewellery as genuine ones in exchange for cash.

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Here is the press release from the police:

The police have arrested two 28-year-old men for suspected involvement in a series of cheating cases involving the pawning of fake gold jewellery.

Since April 2014, a spate of cheating cases involving the pawning of fake gold jewellery at pawnshops islandwide were reported to the Police. In these cases, the suspects would visit the pawnshops and pass off the fake jewellery as genuine ones in exchange for cash.

Through extensive investigations and ground enquiries, officers from Ang Mo Kio Police Division managed to establish the identities of the two male suspects and arrested them on May 6. Fake gold jewellery were also recovered in one of the suspect's possession and seized as case exhibits. Preliminary investigations indicated that the two suspects are involved in a few cheating cases involving more than $7,000.

Investigations against both suspects are on-going. The offence of Cheating carries a punishment of imprisonment for a term which may extend to 10 years and a fine.

The police advises pawnshop proprietors to be vigilant against such scams and to check and verify the identities of individuals who pawn items at their premises as well as their guarantors before completing each transaction.