Tangngam advertised her loans on social media platform Facebook by posting a photograph of a branded handbag and stating the loan amount as well as repayment amount – being loan amount plus interest – on the same post, but had no intention to repay the advertised loan or to use the advertised branded handbag as a collateral for the loan. — Image by Freepik
SINGAPORE: A woman who hatched a plan to obtain “loans” from others by using branded handbags as collateral managed to cheat multiple victims of S$436,300 (RM1.44mil) in total.
But Thai national Tangngam Nonthacha, 35, had no intention to repay the loans or use the bags as collateral.
On Thursday, she was sentenced to three years and nine months’ jail after she pleaded guilty to 24 cheating charges involving S$102,300 (RM337,780).
Another 178 cheating charges linked to the remaining amount were considered during sentencing.
Deputy Public Prosecutor Tay Zhi Jie told the court that Tangngam came to Singapore and got married in 2009. Details about the man were not disclosed in court documents.
In 2015, she suffered losses from a failed hawker business and went on to work at a Thai discotheque, earning about S$2,000 (RM6,603) to S$2,500 (RM8,254) per month.
Her marriage later broke down and she got divorced. Tangngam moved away from her former husband and rented a room for herself. The man then took care of their three children.
Around 2018, Tangngam ran into financial trouble as she had to settle multiple expenses including her rent of S$1,200 (RM3,962) per month. She also gave her children between S$500 (RM1,650) and S$1,000 (RM3,301) monthly.
She later hatched a plan to cheat others of cash.
DPP Tay said: “The accused advertised her loans on social media platform Facebook by posting a photograph of a branded handbag and stating the loan amount as well as repayment amount – being loan amount plus interest – on the same post.
“The accused had no intention to repay the advertised loan or to use the advertised branded handbag as a collateral for the loan.”
According to court documents, Tangngam was not earning enough to repay the loans when she posted the advertisements.
She also did not have most of the advertised handbags in her possession.
Instead, she had used photographs of branded handbags which she found on ecommerce platform Carousell to create her advertisements.
The prosecutor added: “The accused specifically chose to use branded handbags as collateral in her scheme because she knew that, in general, Thai ladies had a liking for branded handbags.”
Between 2018 and 2019, 24 victims – all of them Thai nationals in Singapore – chanced upon Tangngam’s Facebook loan advertisements and became interested in lending money to her.
Tangngam then cheated them of S$102,300 (RM337,878).
Court documents did not disclose how her offences came to light, but she was later charged in court in 2022.
During investigations, Tangngam claimed to have made partial repayment of S$217,500 (RM718,448) to the victims, as interest and capital repayment for her purported loans.
Investigations have confirmed that 14 victims received at least S$78,400 (RM258,971) from her.
For each count of cheating, an offender can be jailed for up to 10 years and fined. – The Straits Times (Singapore)/Asia News Network
